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INTRUSION Adamantly Refutes Unfounded Claims By A Short Report

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Rhea-AI Summary

INTRUSION, Inc. (NASDAQ: INTZ) recently announced its intention to address false claims made in a research report. CEO Jack Blount criticized the report as malicious and inaccurate, stating the company is considering further action. INTRUSION specializes in cyberattack prevention solutions, notably including Zero-Day vulnerabilities. The company's offerings utilize AI to combat cyber threats in real-time. INTRUSION seeks to protect businesses of all sizes with advanced threat intelligence and solutions like Shield, TraceCop™, and Savant™.

Positive
  • The company is addressing inaccuracies in a research report, potentially strengthening corporate credibility.
  • Specializes in advanced cyberattack prevention solutions, which are in high demand.
Negative
  • The existence of a short report suggests potential negative sentiment in the market.

PLANO, Texas, April 14, 2021 (GLOBE NEWSWIRE) -- INTRUSION, Inc. (NASDAQ: INTZ), a leading provider of cyberattack prevention solutions including Zero-Days, intends to fully respond to unfounded claims made in a research report published this morning.

Jack Blount, President and CEO of INTRUSION said, “A short report includes claims that are blatantly inaccurate and reflect a malicious short-selling agenda. The Company is evaluating further actions.” 

About INTRUSION, Inc.

INTRUSION, Inc. (NASDAQ: INTZ) protects any-sized company by leveraging advanced threat intelligence with real-time artificial intelligence to kill cyberattacks as they occur – including zero-days. INTRUSION’s solution families include INTRUSION Shield, an advanced cyber-defense solution that kills cyberattacks in real-time using artificial intelligence (AI) and advanced cloud threat intelligence; INTRUSION TraceCop™ for identity discovery and disclosure; and INTRUSION Savant™ for network data mining and advanced persistent threat detection. For more information, please visit www.intrusion.com.

Cautionary Statement Regarding Forward Looking Information

This release may contain certain forward-looking statements, which reflect management's expectations regarding future events and operating performance and speak only as of the date hereof. These forward- looking statements involve a number of risks and uncertainties. These statements are made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including, risks that we have detailed in the Company's most recent reports on Form 10-K and Form 10-Q, particularly under the heading “Risk Factors.”


FAQ

What did INTRUSION announce on April 14, 2021?

INTRUSION announced it will respond to false claims made in a research report.

What is the stock symbol for INTRUSION?

The stock symbol for INTRUSION is INTZ.

What are INTRUSION's main products?

INTRUSION's main products include Shield, TraceCop™, and Savant™.

Who is the CEO of INTRUSION?

The CEO of INTRUSION is Jack Blount.

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Software - Infrastructure
Computer Communications Equipment
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United States of America
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