Tony Scott Appointed to INTRUSION’s Board of Directors

Rhea-AI Summary

On February 2, 2022, INTRUSION Inc. (NASDAQ: INTZ) announced the appointment of Tony Scott as a member of its Board of Directors, effective January 21, 2022. Scott, who is also the President and CEO, brings extensive cybersecurity and leadership experience to the role. Chairman Tony LeVecchio praised Scott's strategic vision and expertise, which are expected to enhance the company's growth and position in the cybersecurity sector. Scott expressed enthusiasm for guiding INTRUSION towards future opportunities that benefit shareholders and foster innovation.

Positive

• Tony Scott's dual role as CEO and Board member may enhance strategic alignment.
• Extensive experience in cybersecurity and leadership could strengthen the company's direction.

Negative

• Concerns about continuity and potential gaps in experience due to Scott's expanded responsibilities.

PLANO, Texas, Feb. 02, 2022 (GLOBE NEWSWIRE) -- INTRUSION Inc. (NASDAQ: INTZ), a leader in cyberattack prevention solutions, announced that on January 21, 2022, the Board of Directors (the “Board”) of INTRUSION Inc. appointed Tony Scott, the Company’s current President and Chief Executive Officer, to fill one of the vacant seats on the Board of Directors, to serve until the election of directors at the Company’s upcoming annual meeting of stockholders.

“Tony Scott is a proven leader with significant executive leadership and cybersecurity experience with high-growth companies, the Federal government, start-ups, and non-profits,” said INTRUSION’s Chairman, Tony LeVecchio. “Tony brings to INTRUSION’s Board strategic vision capabilities, stewardship, and a focus on excellence that compliments his strong skill set of implementing effective world class solutions for cybersecurity, IT governance and crisis management. We welcome Tony to the Board and look forward to his contributions in positioning the Company as we move into the next phase of growth and expansion.”

Tony Scott commented, “I am honored and excited to lead the next phase of INTRUSION’s strategic vision while also serving as a director. This is a pivotal moment for the Company and the industry. I am looking forward to working closely with the entire Board as we shape the bright future for INTRUSION in pursuit of opportunities that create value for our shareholders and bring continued innovation to our customers worldwide.”

Tony Scott holds a Bachelor of Science Degree from the University of San Francisco in Information Systems Management and a Juris Doctorate (law) degree from Santa Clara University. He was inducted into CIO Magazine’s “CIO Hall of Fame” and has been a frequent keynote speaker, panelist, and advisor at numerous industry and government events. Scott is a multi- year recipient of the Fed 100 Award and has been recognized for his leadership skills by multiple organizations.

About INTRUSION Inc.

INTRUSION, Inc. (NASDAQ: INTZ) protects organizations by leveraging advanced threat intelligence with real time artificial intelligence to kill cyberattacks as they occur – including zero-days. INTRUSION’s solution family includes INTRUSION SHIELD, an advanced cyber-defense solution that kills cyberattacks in real-time using artificial intelligence (AI) and advanced threat intelligence. For more information, please visit www.intrusion.com.

Cautionary Statement Regarding Forward-Looking Information

This release may contain certain forward-looking statements, including, without limitations, which reflect management’s expectations regarding future events and operating performance. These forward-looking statements speak only as of the date hereof and 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.”

IR Contact

Alpha IR Group

Mike Cummings or David Freund

INTZ@alpha-ir.com

FAQ

What recent leadership changes have occurred at INTRUSION Inc.?

Tony Scott was appointed to the Board of Directors on January 21, 2022, while continuing as President and CEO.

How might Tony Scott's appointment to the Board impact INTRUSION Inc.?

His extensive background in cybersecurity and executive leadership may positively influence the company's strategic growth and shareholder value.

When was Tony Scott appointed to the Board at INTRUSION Inc.?

Tony Scott was appointed to the Board on January 21, 2022.

What experience does Tony Scott bring to INTRUSION Inc.'s Board?

Scott has significant experience in cybersecurity and leadership across various sectors, including government and non-profits.

What are the future plans for INTRUSION Inc. under Tony Scott's leadership?

Scott aims to leverage opportunities for value creation and innovation for shareholders and customers.