Intrusion Inc 8-K, filed Oct 26, 2020
Intrusion Inc (INTZ)
About this 8-K
Intrusion Inc filed this 8-K on October 26, 2020.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 26, 2020
INTRUSION INC.
(Exact Name of Registrant as Specified in Its Charter)
| Delaware | 000-20191 | 75-1911917 |
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
| 1101 East Arapaho Road, Suite 200, Richardson, Texas | 75081 |
| (Address of Principal Executive Offices) | (Zip Code) |
(972) 234-6400
(Registrant’s Telephone Number, Including Area Code)
NOT APPLICABLE
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, $0.01 par value per share | INTZ | Nasdaq Capital Market |
Item 8.01 Other Events.
Intrusion Inc. issued a press releases on October 26, 2020, announcing the promotion of Mike McClure to the newly created position of vice president of consulting. McClure will be responsible for managing and expanding the consulting arm of INTRUSION’s business, which delivers robust, cyber-enriched investigative services to government and commercial-sector organizations.
A copy of the Company’s press release is attached hereto as Exhibit 99.1.
Item 9.01. Financial Statements And Exhibits
| (d) | Exhibits |
| 99.1 | “INTRUSION Boosts Consulting Business with Promotion of Mike McClure to Vice President.” Press Release Issued by Intrusion Inc. on October 26, 2020. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| INTRUSION INC. | |
| Dated: October 26, 2020 | By: /s/ Jack B. Blount |
| Jack B. Blount | |
| President and CEO |
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Exhibit 99.1
| NEWS RELEASE |  |
101 East Park Blvd., Suite 1300 | |
| Plano, TX 75074 | |
| (972) 234-6400 |
Contact
Julia Kramer
jkramer@intrusion.com
P: 972-301-3635
INTRUSION Boosts Consulting Business with Promotion of
Mike McClure to Vice President
Plano, Texas – Oct. 26, 2020 –INTRUSION Inc. (NASDAQ: INTZ), a leading provider of entity identification, high speed data mining, cybercrime and advanced persistent threat detection services, has promoted Mike McClure to the newly created position of vice president of consulting. McClure will be responsible for managing and expanding the consulting arm of INTRUSION’s business, which delivers robust, cyber-enriched investigative services to government and commercial-sector organizations.
“Mike has served in a consulting capacity to INTRUSION’s customers in the government space for over 10 years and is highly regarded and respected by both customers and our team,” said Jack B. Blount, President and CEO of INTRUSION. “As we work to optimize both sides of our business – commercial cybersecurity solutions and consulting – Mike has the experience we need to ensure the continued growth of our consulting business.”
INTRUSION has been delivering robust network monitoring and analysis solutions to high profile customers, including Fortune 500 companies and the U.S. government, for more than 30 years. Based on that experience, the company has developed a suite of solutions for monitoring, tracking and analyzing threats, including INTRUSION TraceCopÔ and INTRUSION SavantÔ. The Company recently introduced its first commercial cybersecurity solution, INTRUSION ShieldÔ, which protects organizations’ networks by not merely alerting to cyber threats, but immediately neutralizing those threats, keeping businesses safe without the need for human intervention.
“The work done by our team of analysts is one of the key contributors that make the real-time AI in Shield so essential and irreplaceable,” said Blount.
McClure holds a Bachelor of Science degree in International Studies and History as well as a Master’s degree in International Relations with a focus on Security Policy from St. Mary’s University where he was a Distinguished Graduate. He also received a Graduate Certificate in International Affairs from the Bush School of Government and Public Service at Texas A&M University.
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About INTRUSION Inc.
INTRUSION, Inc. is a global provider of entity identification, high speed data mining, cybercrime and advanced persistent threat detection solutions. INTRUSION’s family of solutions includes TraceCop™ for identity discovery and disclosure, and Savant™ for network data mining and advanced persistent threat detection. INTRUSION’s solutions help protect critical information assets by quickly detecting, protecting, analyzing and reporting attacks or misuse of classified, private and regulated information for government and enterprise networks. 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. Such statements include, without limitation, statements regarding the introduction of our new INTRUSION Shield solution, the benefits of promoting Mr. McClure to this new management position, as well as other statements that are foreward looking in nature. 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. These factors include, without limitation, uncertainties related to the success of our new INTRUSION Shield solution upon commercial rollout and the outcome of Mr. McClure’s efforts on behalf of Intrusion, and other facts and circumstances that might cause actual results to differ materially from our current expectations, some of which are detailed in the Company's most recent reports on Form 10-K and Form 10-Q, particularly under the heading “Risk Factors.”
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