Irvine sensors enters distribution agreement
March 18, 2011
COSTA MESA, Calif., March 15, 2011 /PRNewswire/ -- Irvine Sensors Corporation (OTC Bulletin Board: IRSN) announced today that it has entered into a Memorandum of Understanding ("MOU") with TKC Integration Services, LLC ("TKCIS"), a company providing technology solutions to Government world-wide. TKCIS provides best-in-class products and services via several Government acquisition vehicles in the areas of data center, enterprise software and cyber security, infrastructure and physical security, as well as network and communications solutions.
Under the MOU, TKCIS will become a partner with Irvine Sensors to supply certain products and services to government customers. Bill Joll, Irvine Sensors' CEO, said, "We have already signed up with TKCIS for distribution of our thermal imaging products and our VAULT-MM™ information handling products. We believe that partnership with TKCIS will simplify and expedite the procurement of these products for many government customers. We are working with TKCIS to solidify our working relationship and look forward to gaining a foothold in the Government marketplace."
About Irvine Sensors Corporation
Irvine Sensors Corporation (www.irvine-sensors.com), headquartered in Costa Mesa, California, is a vision systems company engaged in the development and sale of miniaturized infrared and electro-optical cameras, image processors and stacked chip assemblies and sale of higher-level systems incorporating such products. Irvine Sensors also conducts research and development related to high density electronics, miniaturized sensors, optical interconnection technology, high speed network security, image processing and low-power analog and mixed-signal integrated circuits for diverse systems applications.
About TKC Integration Services (TKCIS)
TKCIS partners with leading technology manufacturers and developers to provide a comprehensive range of lifecycle technology solutions to the Federal Government. Located in the metro Washington, D.C. area, TKCIS is a wholly owned subsidiary of Qivliq, a NANA company. For more information, visit www.tkcis.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This message may contain forward-looking statements based on our current expectations, estimates and projections about our industry, management's beliefs, and certain assumptions made by us. Words such as ''anticipates,'' ''expects,'' ''intends,'' ''plans,'' ''believes,'' ''seeks,'' ''estimates,'' ''may,'' ''will'' and variations of these words or similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, the possible response of customers to use of TKCIS contractual vehicles to purchase our products. Such statements speak only as of the date hereof and are subject to change. We undertake no obligation to revise or update publicly any forward-looking statements for any reason. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors.
Important factors that may cause such a difference include, but are not limited to, our ability to raise additional debt or equity financing that may be needed to address the capital needs of our business plan; the availability of components intended for integration into our products; and the general economic, market and political conditions and specific conditions that may impact our operations. Further information on Irvine Sensors Corporation, including additional risk factors that may affect our forward looking statements, is contained in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, our Current Reports on Form 8-K and our other SEC filings that are available through the SEC's website (www.sec.gov).
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