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ITLI Intelligentias Inc (CE)

0.000001
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intelligentias Inc (CE) USOTC:ITLI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Intelligentias Announces Acquisition of Systeam Italy, SpA

20/04/2007 12:30pm

PR Newswire (US)


Intelligentias (CE) (USOTC:ITLI)
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SAN FRANCISCO, April 20 /PRNewswire-FirstCall/ -- Intelligentias, Inc. (OTC:ITLI) (BULLETIN BOARD: ITLI) a company seeking to become a recognized leader in the Homeland Security Industry by providing Data Retention, Tracking and Investigatory Services for Telcos, ISPs and Law Enforcement Agencies around the world, announced today that it has executed an agreement to acquire all of the outstanding common stock of Systeam Italy SpA from Systeam US, Inc. The acquisition results in Intelligentias's acquiring all of the outstanding common stock of Systeam Italy, SpA allowing the Company to obtain all of Systeam SpA's contracts with service providers, strategic alliance partners, network equipment providers, and systems integrators. Systeam SpA must provide its audited statements to the Company within 60 days of the closing of the transaction, which is expected to be completed in May 2007. Luigi Caramico, President of Intelligentias commented on the acquisition, "This acquisition fills a gap in Intelligentias, which previously held only the IP for this unique security software" All current Systeam SpA employees are expected keep their positions and there will be no changes in management. The financial community is invited to review information on Intelligentias through its corporate website http://www.intelligentias.com/. About Intelligentias (http://www.intelligentias.com/) Intelligentias, following the Systeam SpA stock acquisition expects to become a global data-intelligence conglomerate. Using a worldwide network, we will market Homeland Security products to Law Enforcement Agencies, Telcos and ISPs in order to prevent terrorism, cyber-crime, and child exploitation. Our portfolio company, Retentia, Inc. (http://www.retentia.com/), sells Data Retention, Tracking and Forensics software to some of the largest organizations in the world. Our portfolio company, Investigatia, Inc., which will be launched later in 2007, will be our data investigation company. Investigatia intends to focus on fraud, identity theft, identity authentication and verification. Our portfolio company, Interceptia, Inc., which will be launched later in 2007, will be our Lawful Intercept Company. Interceptia intends to focus on Legal Interception of telecommunications by law enforcement authorities (LEA's) and intelligence services. Forward-Looking Statement: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements. Contact: Pilot Financial Communications Network Rick Gean, 480-247-2142 (Investor Relations) DATASOURCE: Intelligentias CONTACT: Investor Relations, Rick Gean of Pilot Financial Communications Network, +1-480-247-2142, Web site: http://www.intelligentias.com/ http://www.retentia.com/

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