Business
INTRUSION Q1 2021 Results Surpass Expectations
Company secures new customers and channel partners, strengthens executive bench to continue growth trajectory PLANO, Texas., April 13, 2021 (GLOBE NEWSWIRE)
About this update from Intrusion Inc.
[{"type":"text","content":"Company secures new customers and channel partners, strengthens executive bench to continue growth trajectory\nPLANO, Texas., April 13, 2021 (GLOBE NEWSWIRE) -- INTRUSION, Inc. (NASDAQ: INTZ), a leading provider of cyberattack prevention solutions including Zero-Days, announced today that it finished the first quarter of 2021 surpassing expectations. Highlights from the quarter include: INTRUSION Shield is now protecting over 50,000 seats (almost 8x the company’s original Q1 goal)Hired new Chief Sales Officer, Darryl Athans, to drive continued growthSigned over 30 channel partners including resellers in Australia and MexicoCompany now able to sell latest innovation, Shield, globally Since announcing the general availability of Shield in January 2021, the company wasted no time ramping up its go-to-market activities to finish the first quarter with several key wins. INTRUSION recently announced manufacturing giants Kimberly-Clark and Lippert Components signing on as Shield customers, with other customer additions including KBI and Geocent adopting Shield to protect their networks. Robert A. Savoie, Ph.D. and CEO of Geocent, observed: “The type of work we do requires an uncompromising approach to securing our networks. At first, I was skeptical about the claims INTRUSION made with regard to its Shield solution. However, once it was installed and I saw what it was able to do, I knew it was a must-have component of our layered defenses.” Fernando Lopez, CEO of Teledinamica Mexico, suggested: “We have been selling security products for eight years. Shield stands apart from anything we have ever seen before with its ability to kill all malicious connections with 99.999 percent accuracy. We believe that the momentum from the first quarter set the tone for a great year for both our company and our partnership with INTRUSION.” Jack Blount, President and CEO of INTRUSION, shared: “We are delighted by the early wins for Shield. Companies are seeing the value that Shield instantly delivers and are wasting no time getting it implemented. Between big customer wins, a growing network of engaged channel partners, and getting approval to sell our real-time, AI based Shield globally, we are exceptionally well-positioned as we head into the second quarter and beyond.” Blount went on to say, “Hiring Darryl Athans as Chief Sales Officer was a key pa...