Brief: Intrusion Announces Strategic Actions, Preliminary 2Q Revenues & Organizational Changes

Intrusion

20/07/2021 13:36

July 20 (Reuters) - Intrusion Inc  INTZ.O :
    * INTRUSION ANNOUNCES STRATEGIC ACTIONS, PRELIMINARY 2Q
REVENUES &
ORGANIZATIONAL CHANGES
    * INTRUSION INC - PRELIMINARY REVENUE FOR Q2 OF 2021 IS
EXPECTED
TO BE WITHIN A RANGE OF $1.9 MILLION AND $2.0 MILLION
    * INTRUSION - ENGAGED AN INVESTMENT BANKING FIRM TO EVALUATE
VARIOUS FUNDING SOURCES, AND ALSO POTENTIALLY CONSTRUCTIVE
LONGER-TERM STRATEGIC OPTIONS
    * INTRUSION INC - JACK B. BLOUNT, PREVIOUSLY PRESIDENT,
CHIEF
EXECUTIVE OFFICER AND A BOARD MEMBER, HAS LEFT CO EFFECTIVE
IMMEDIATELY
    * INTRUSION INC - BOARD ASKED CFO, FRANKLIN BYRD, AND CTO,
JOE
HEAD TO ASSUME OPERATING RESPONSIBILITIES TOGETHER ON BEHALF OF
CO
    * INTRUSION - FRANKLIN BYRD AND JOE HEAD TO ASSUME OPERATING
RESPONSIBILITIES TOGETHER ON BEHALF OF CO UNTIL SUCH TIME AS A
SUCCESSOR IS NAMED

Source text for Eikon:  ID:nGNX1cBWxr 
Further company coverage:  INTZ.O 

 ((Reuters.Briefs@thomsonreuters.com;))