New York, NY - March 28, 2014 (
www.investorideas.com
newswire) Investorideas.com, an investor research and news portal
covering leading sectors including technology and defense releases video
and commentary from its recent Security and Defense Conference ,
GameChanging Technologies: The Face and Future of Security”, held in New York on March 11, 2014.
This
panel of industry experts discusses the current state of the security
and defense industry, and explores where it's headed in 2014 and beyond
including authentication, biometrics, biodefense, cyber security.
In
regards to cyber, Roger Cressey a Partner with Liberty Group Ventures,
LLC said." Here's the problem with cybersecurity; nobody knows what it
is. It is all things to all people right now and you may have one
specific slice of the cybersecurity pie but I can tell you the
government is still trying to figure out what it is For example , the
Department of Defense is going to request $5 Billion dollars for the
next fiscal year budget and even they aren't sure where all that money
is going to go , they just know they need to spend more.
He went
on to say later in the session, "In cyber, the technology is changing at
light speed and the regulatory and legal construct is still stuck in a
dial up environment. So we all need to remember that Washington and the
even at the State level is way behind the curve in terms of what kind of
regulatory and legal framework need to be in place to reflect this new
reality."
Scott Greiper, President and Founding Partner Secure
Strategy Group notes , " everybody in cyber ; the user and the provider
is playing defense. Nobody is playing offense. We are looking for
companies with technologies that play offense ."
He also said in
terms of biometrics, it's all about identity management "We have moved
from bring your own device to bring your own identity."
In terms
of opportunity he stated , "We prefer to work with small public
companies because the results of our efforts and management's effort is
visible every day and that's where you can get wealthy in this space; is
in the small public market area."
Janice Kephart, Founder and CEO
of The Secure Identity and Biometrics Association (SIBA) told the
audience , " What I think in 2014, is that this could be very much the
year of biometric but much will depend on the education and the
acceptance of both the public and private sector. "
Panel:
MODERATOR: ROGER CRESSEY, Liberty Group Ventures
PANELISTS:
SCOTT GREIPER, Secure Strategy Group; MARTY MARTIN, Crane & Crane
Consulting; JANICE KEPHART, The Secure Identity and Biometrics
Association (SIBA)
Video: https://www.youtube.com/watch?v=shXCEWuo9oY
Visit the conference page to learn more:
http://www.investorideas.com/Conference
See more speaker bios and PowerPoint presentations /disclaimers and disclosures and more
http://www.investorideas.com/Conference/Speakers.asp
Speaker Bios:
Roger
Cressey is a Partner with Liberty Group Ventures, LLC in Arlington VA, a
risk and crisis management firm specializing in cyber security, campus
security and sports security. He most recently served as a Senior Vice
President at Booz Allen Hamilton, supporting the firm's cyber security
practice in the Middle East. Prior to joining Booz Allen, he was
President and Founder of Good Harbor Consulting LLC, a security and risk
management consulting firm.
Mr. Cressey's government service
included senior cyber security and counterterrorism positions in the
Clinton and Bush Administrations. At the White House, he served as Chief
of Staff of the President's Critical Infrastructure Protection Board
from November 2001 - September 2002. He also served as Deputy for
Counterterrorism on the National Security Council staff from November
1999 to November 2001. He was responsible for the coordination and
implementation of US counterterrorism policy and managed the US
Government response to multiple terrorism incidents, including the
Millennium terror alert, the USS COLE attack, and the September 11th
attacks.
From 2004 - 2013, he served as an on-air counterterrorism
analyst with NBC News, appearing frequently on NBC Nightly News, The
Today Show, MSNBC and CNBC.
Prior to his White House service, Mr.
Cressey served in the Department of Defense, where he worked on US
defense strategy and the review of Pentagon war plans. From 1991-1995,
he served in the Department of State working on Middle East security
issues, including serving as a member of the US delegation to the
multilateral track of the Arab-Israeli peace process talks.
His
overseas experience includes serving as a Pol-Mil officer with the US
Embassy in Israel and with UN peacekeeping operations in Somalia and the
former Yugoslavia. While in the former Yugoslavia, Cressey was part of a
United Nations team that planned the successful capture of the first
individual indicted for war crimes in Croatia. From 2001 - 2006, he
taught a graduate course on U.S. counterterrorism policy at Georgetown
University. He also served as a Fellow at the Center on Law and Security
at New York University.
He received his B.A. in Political Science
from the University of Massachusetts at Lowell and an M.A. in Security
Policy Studies from The George Washington University. Roger is the
recipient of the State Department's Meritorious and Superior Honor
Awards and the Defense Department's Exceptional Civilian Service Award.
Scott Greiper, President and Founding Partner Secure Strategy Group
Mr.
Greiper is the President and Founding Partner of Secure Strategy Group.
He has had a distinguished 15-year career in the security and defense
technology sectors as both a research analyst and investment banker, and
is known as a thought leader in the industry. Before forming Secure
Strategy Group, he was a Managing Director at Legend Merchant Group and
Head of the firm's Convergent Security Group, which provided capital,
strategic advisory and M&A services to growth companies in the
security and defense technology markets. Previously, Mr. Greiper was a
Principal and Senior Analyst at C. E. Unterberg, Towbin, where he
covered public companies in the Global Security industry and was
consistently ranked as one of the top analysts in the sector. He has
worked with a range of industry leaders and is a frequent guest speaker
and moderator at conferences and seminars across the country. Mr.
Greiper attended the Executive MBA program at Columbia University and
holds a B. A. in Economics from The University of Chicago. He is a
member of the FBI InfraGard program, BENS (Business Executives for
National Security), ASIS (American Society for Industrial Security) and
NYSSA (New York Society for Security Analysts).
Janice Kephart, Founder and CEO of The Secure Identity and Biometrics Association (SIBA)
Janice
recently returned from a Special Counsel position with the Senate
Judiciary Committee, where she was asked to testify and then return to
staff to support the national, border and identity security aspects of
the now Senate-passed immigration reform legislation. Ms. Kephart is an
internationally recognized border and ID security expert, who served as
counsel to the 9/11 Commission and was a key author of the Staff
Monograph, 9/11 and Terrorist Travel as well as the immigration and
identity security-related facts and recommendations in the 9/11
Commission Report.
More info:
http://www.sibassoc.org/#!aboutsiba/csgz
Janice
speaks regularly at conferences, to international media, publishes
articles and opeds around the world, and has testified before Congress
16 times on issues of border and ID security.
Marty Martin, CEO of Crane & Crane Consulting
Marty
Martin has an accomplished career which includes service with the CIA,
NSA, and the U.S. Army. He has developed invaluable insight, managerial
experience, and relationships across the U.S. Government and many
foreign governments and intelligence services at the highest levels. He
is the CEO of Crane & Crane Consulting, LLC where he leads the
firm's expansion and growth. He previously served as a Senior Executive
for the International Oil Trading Company (IOTC), a multi-billion dollar
enterprise with activities in Iraq , Jordan , Libya , Russia and the
Caribbean . He also played a central role in HBO's Manhunt, a 2013 Emmy
awarding winning documentary. Mr. Martin's experience includes over 29
years of U.S. Government service including U.S. Special Forces, the
National Security Agency, and the CIA, culminating in several years as a
member of the CIA's Senior Intelligence Service. From 2004 through 2007
he served as Chief of Station in a strategic country in the Middle East
in one of the most senior assignments in the Near East Division. He
managed a multi-million dollar budget, strategic programs, personnel,
and families in high threat environment. His experience includes
representing the CIA at the highest levels in foreign countries, the
U.S. Executive Branch, the U.S. Congress, U.S. Military, on all
intelligence and policy matters concerning the agency's operations. In
2002 he was selected by the Director of Central Intelligence as the
senior executive and operational manager to lead the Agency's global
effort to neutralize Al-Qaida. In that role, he interacted at the
highest levels of the U.S Government, including the White House, FBI,
Homeland Security, NSA, Congress, and various branches of the U.S.
Military, on a daily basis. During this specific period the lion's share
of the perpetrators of 9/11 were nullified.
Visit the conference page to learn more:
http://www.investorideas.com/Conference
Presenting Companies at the Conference :
American Public University System (NASDAQ:APEI) - Dr. Clay Wilson is the Program Director for Cybersecurity
Dr.
Clay Wilson is the Program Director for Cybersecurity graduate studies
at the American Public University, where he has responsibility for
designing new courses. He is past Program Director for Cybersecurity
Policy at the University of Maryland University College (UMUC), where he
oversaw development of new graduate-level courses. Dr. Wilson is also a
former analyst for national defense policy at the Congressional
Research Service where he analyzed cyber intelligence reports for the
U.S. Congress and NATO committees on net-centric warfare, cybersecurity,
nanotechnology, and other vulnerabilities of high-technology military
systems and critical infrastructures. More info:
http://www.apu.apus.edu/academic/faculty-members/bio/4438/clay-wilson
About
American Public University System (NASDAQ:APEI) American Public
University System, winner of the Sloan Consortium's Ralph E. Gomory
Award for Quality Online Education and first three-time recipient of
Sloan's Effective Practice Award, offers more than 90 online degree
programs through American Public University and American Military
University. APUS's relevant curriculum, affordability and flexibility
help more than 100,000 working adults worldwide pursue degrees in a
diverse variety of subjects. For further information, visit
www.apus.edu.
http://www.apus.edu/about-us/facts.htm
NXT- ID Inc. - Mobile Security for a Mobile World
NXT-ID,
Inc.'s (OTCQB:NXTD) innovative MobileBio™ solution mitigates consumer
risks associated with mobile computing, m-commerce and smart OS-enabled
devices. The company is focused on the growing m-commerce market,
launching its innovative MobileBio™ suite of biometric solutions that
secure consumers' mobile platforms led by the Wocket™; a next generation
smart wallet designed to replace all the cards in your wallet, no smart
phone required. The Wocket works anywhere credit cards are accepted and
only works with your biometric stamp of approval.
http://www.thewocket.com/,
http://www.wocketwallet.com/
NXT-ID's
wholly owned subsidiary, 3D-ID LLC, is engaged in biometric
identification has 22 licensed patents in the field of 3D facial
recognition
http://www.nxt-id.com/ ,
http://3d-id.net/
Tekcapital,
Ltd. - The World's Largest University Network for Open Innovation.
Tekcapital helps clients profit from new, university-developed
intellectual properties. With our proprietary discovery search engine,
linked to 3,300+ universities in 160 countries, coupled with expert
scientific review, we provide a turn-key service to make it easy for
clients to find and acquire the IP they need to create a competitive
advantage.
PositiveID Corporation (OTCBB:PSID) develops unique
medical devices and molecular diagnostic systems, focused primarily on
diabetes management, rapid medical testing and airborne bio-threat
detection. Its wholly-owned subsidiary, MFS, is focused on the
development of microfluidic systems for automated preparation of and
performance of biological assays.
Viscount Systems (OTCQB:VSYS), a
Canadian manufacturer of advanced physical access control systems
combines traditional access control performance with cyber security
(true convergence of logical and physical access) to increase security
while driving down facility costs to secure offices, hospitals, critical
infrastructure, schools, banks, and manufacturing. Our unique offering
satisfies new US Federal Government standards for increased protection
of facilities from external threats.
http://viscount.com/
Implant
Sciences (OTCQB:IMSC) is the leader in next generation Explosives Trace
Detection (ETD), and established counter-terrorism technology that
detects and identifies threats from the small amounts left behind after a
person handles explosives. Implant Sciences' security solutions are
used worldwide for aviation, public transport, customs, air cargo,
critical infrastructure, ports/ borders, and emergency response. The
Company has thousands of units deployed to over 50 countries, and its
trace detectors have been successfully used at the Sochi Olympics,
Beijing Olympics, the Universiade Games, and the Special Olympics.
In
January 2013, the Company became only the third ETD manufacturer, and
the sole American-owned company, to have product approval from the US
Transportation Security Administration. With advanced capabilities
including superior sensitivity, automatic internal calibration, rapid
clear-down, ush button maintenance, and administration of trace
detection. Company's handheld QS-H150 and desktop QS-B220 simplify the
use, maintenance, and administration of trace detection.
www.implantsciences.com
Silanis
Technology: Businesses and government organizations of all sizes choose
Silanis Technology when electronic signatures matter. With more than
600 million documents processed every year, Silanis eSignLive™ is the
most widely used esignaturesolution around the world. Thousands of
organizations, big and small, including the leading banks, insurers,
credit providers, pharmaceutical and government agencies trust eSignLive
as their platform to make business digital. Silanis has been providing
secure electronic signature solutions to government for over 15 years,
and understands the unique security and signing needs of Federal DoD and
civilian agencies, as well as state and local governments. Siilanis
stands behind the longest running implementation of esignatures in the
US government, and the largest signature initiative ever undertaken in
government. Organizations that have standardized on Silanis include the
US Joint Chiefs of Staff; the US Army with an enterprise license for 1.6
million personnel; and the General Services Administration (GSA), which
mandated the use of esignatures for GSA Schedules contracts.
www.silanis.com
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As reported in the Company's 2013 Annual Report on Form 10-K
audited results, Current Assets increased by approximately $2.1 million
to approximately $5.0 million from the previous quarter ended September
30, 2013. The Company's Stockholder's Equity (Total Assets minus Total
Liabilities) increased by approximately $69,000 to approximately
$886,000, sequentially from the previous quarter ended September 30,
2013. These increases were directly attributable to the Company's
acquisition of AquaTex on November 12, 2013 and our operational
performance in the fiscal year 2013.
Adjusted EBITDAS Reconciliation Table
The Company anticipates releasing preliminary first quarter 2014
revenue results in April with further corporate updates and initial 2014
revenue guidance by May 2014.
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