Intrusion Inc New - INTZ STOCK NEWS

Intrusion, Inc. (NASDAQ:INTZ) announced a strategic partnership with NetFoundry to develop a Zero Trust Network Access Solution called Intrusion Shield Endpoint. This solution aims to enhance cybersecurity for businesses, using a zero trust architecture that emphasizes secure data protection. The initiative aligns with the new Federal Cybersecurity Strategy, reinforcing the urgency for tech firms to take accountability against cyber threats. Intrusion Shield Endpoint utilizes a P2P encrypted network overlay for secure access and integrates the Intrusion Global Threat Engine for enhanced threat management, aiming to bolster security posture against emerging risks.

Intrusion Inc. (NASDAQ:INTZ) has announced a reseller agreement with Netgate, enabling Intrusion to sell the pfSense Plus firewall alongside its own product, Intrusion Shield. Both products aim to enhance cybersecurity for businesses, governments, and educational institutions. With over 7 million installations globally, pfSense Plus is recognized as a leading firewall. CEO Tony Scott expressed optimism that this partnership will attract new customers and bolster product awareness.

This collaboration marks a strategic entry into the cybersecurity marketplace, leveraging both companies' reputations for quality and security.

Intrusion Inc. (NASDAQ:INTZ) reported its fourth quarter and full-year financial results for 2022, highlighting a fourth quarter revenue of $1.4 million, down 12% year-over-year. Total annual revenue reached $7.5 million, a 3% increase from 2021. The gross profit margin improved, with Q4 at 63% compared to 50% in Q4 2021. However, net losses widened to $5.2 million for Q4 and $16.2 million for the year. Operating expenses decreased to $20.5 million for the year. The company aims to raise between $15 to $20 million in 2023 to support its growth plans, partly through common stock sales.

PLANO, TX / ACCESSWIRE / March 2, 2023 / Intrusion, Inc. (NASDAQ:INTZ) has launched a mobile application, Intrusion Shield Mobile, available on the Google Play Store. This app integrates with the Intrusion Global Threat Engine to provide robust security by monitoring outbound requests and blocking access to over 76 million high-risk domains. Designed for Android users, Shield Mobile establishes a local VPN to protect against cyber threats while browsing or using applications. CEO Tony Scott emphasized the increasing vulnerabilities with the rise of mobile app usage. Intrusion, Inc. continues to innovate in the cybersecurity space, enhancing its offerings for users.

PLANO, TX / ACCESSWIRE / March 1, 2023 / INTRUSION Inc. (NASDAQ:INTZ) will announce its fourth quarter and full year 2022 financial results on March 6, 2023, post market close. CEO Tony Scott and CFO Kimberly Pinson will lead a conference call at 5:00 p.m. EDT to discuss these results. Interested parties can join via a live teleconference at +1-888-330-2041 or through the investor relations website. The call will also be available for replay until March 13, 2023. INTRUSION specializes in cyberattack prevention solutions, leveraging a vast threat intelligence database to enhance security for its clients.

Intrusion, Inc (NASDAQ:INTZ) has partnered with Carahsoft Technology Corp. to enhance its market presence in the Public Sector. Carahsoft will act as the Master Government Aggregator, making Intrusion's Shield cybersecurity products available through various reseller partners. This partnership aims to bolster government agencies' Zero Trust strategies by offering advanced protection against cyber threats, including zero-days. Intrusion Shield encompasses on-premise protection, cloud security, endpoint protection, and cyber threat consulting. This collaboration is expected to improve cybersecurity infrastructure across federal, state, and local agencies.

Intrusion Inc. (NASDAQ:INTZ) reported third quarter 2022 revenue of $2.2 million, a 21% increase year-over-year and a 7% increase sequentially. The revenue from the new Intrusion Shield products surged by 70% year-over-year. Operating expenses decreased to $5.0 million from $7.0 million in the prior year, while the net loss narrowed to ($2.9) million, or ($0.15) per share. Cash reserves improved to $6.9 million as of September 30, 2022. The company maintains a robust outlook for cybersecurity investments despite macroeconomic challenges.

Intrusion, Inc. (NASDAQ:INTZ) has announced a partnership with vTech Solution, a managed IT services firm based in Washington D.C., aimed at enhancing Intrusion's cybersecurity offerings. This collaboration focuses on proactive security measures, enabling vTech to leverage Intrusion's advanced threat identification software and its extensive incident database. The partnership is expected to expand Intrusion's market reach, supported by vTech's operations across 40 U.S. states and several countries. Both companies aim to improve cybersecurity for state and local government enterprises.

INTRUSION Inc. (NASDAQ:INTZ) will release its Q3 fiscal 2022 financial results on November 3, 2022, post-market close. A conference call hosted by CEO Tony Scott and CFO Kimberly Pinson is scheduled for 5:00 p.m. EDT to discuss these results. The call can be accessed via teleconference or through a live webcast on the investor relations website, with replay options available until November 10, 2022. INTRUSION specializes in cybersecurity solutions, providing a unique threat intelligence database with data on over 8.5 billion IP addresses to enhance network security.