Secured Services Announces 2004 Revenue and Earnings Guidance
03 4월 2004 - 2:58AM
PR Newswire (US)
Secured Services Announces 2004 Revenue and Earnings Guidance NEW
YORK, April 2 /PRNewswire-FirstCall/ -- Secured Services Inc.
(BULLETIN BOARD: SSVC) , a provider of data and network security
software and solutions, today announced guidance for fiscal 2004
revenue and net income. Secured Services expects 2004 pro-forma
revenue to reach $15.1 Million, Net Income is expected to be
approximately 3-6% of revenues. IDC Technology-Research Group
predicts Worldwide Information Security Services (ISS) spending
will increase to more than $23.5 Billion by 2007, with a compound
annual growth rate of 20.9%. The global market for enterprise
security technology is expected to reach $13.5 billion in revenues
by 2006. Recent news coverage related to privacy concerns,
identity-theft, fiduciary responsibility to secure information
assets, as well as government mandates to address critical
infrastructure vulnerabilities, collectively emphasize the
necessity for Identity and Access management solutions across the
enterprise. To address this growing need Secured Services deploys
the Identiprise Suite, a robust highly secure, enterprise wide,
Identity and Access Management software designed for rapid customer
deployment and minimal application code interference. Identiprise
supports important enterprise applications including web, client
server and mainframe applications without requiring expensive and
time consuming integration and customization efforts to mission
critical legacy applications. Identiprise provides rich tracking,
monitoring, and auditing capabilities to address the operational
and regulatory compliance needs of today's businesses. Identiprise
customers include Government, Financial Services, Healthcare and
Commercial organizations. About Secured Services Inc. Secured
Services Inc. is a North American information security company
providing security services and products to local and global
enterprises, where computer and Internet security is not an
insurance policy but a core organizational requirement. Secured
Services provides Secure Single sign-on Identity Management and
Access Control Software (Identiprise), information security
consulting and managed security services. Its customers include
organizations in government, financial services, manufacturing,
telecommunications and health care. For more information about
Secured Services on the net: http://www.secured-services.com/, or
contact: Investor Relations: Chris Rosgen, Capital Market Relations
(949) 481-9739, . Media: Michael Dubreuil, Secured Services Inc.
(416) 948-6624, . Forward-Looking Statement Statements made in this
news release that relate to future plans, events or performances
are forward-looking statements. Any statement containing words such
as "believes," "anticipates," "plans," "expects," and similar
words, is forward-looking. These statements involve a number of
risks and uncertainties and are based on assumptions involving
judgments with respect to future economic, competitive and market
conditions and future business decisions, all of which are
difficult or impossible to predict accurately and many of which are
beyond Secured Services' control. Some of the important factors
that could cause actual results to differ materially from those
indicated by the forward-looking statements are general economic
conditions, changes in our operating expenses, competitive
pressures, failure to meet performance benchmarks in significant
contracts, changes in customer and market requirements and
standards, and the risk factors detailed from time to time in
Secured Services' periodic filings with the Securities and Exchange
Commission. While these forward-looking statements are based on
current expectations, we cannot guarantee any future results,
levels of activity, performance or achievements. Consequently,
actual results could differ materially from the expectations
expressed in these forward-looking statements. Reference is made to
the Company's public filings with the USSecurities and Exchange
Commission for further information regarding the Company and its
operations. DATASOURCE: Secured Services Inc. CONTACT: Investor
Relations, Chris Rosgen of Capital Market Relations,
+1-949-481-9739, , for Secured Services Inc.; or Media, Michael
Dubreuil of Secured Services Inc., +1-416-948-6624, Web site:
http://www.secured-services.com/
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