Business News

21CSI Prepares for Acquisition of Its Force Protection Product Line

2008-07-15 12:08:00

Defense Contractor Engages Mergers & Acquisitions Firm

OMAHA, Neb.–(EMWNews)–21st Century Systems, Inc. (21CSI) announced today that it has retained

the services of The March Group, an investment bank with more than 20

years of experience, specializing in the marketing, negotiation and sale

of privately held mid-size businesses. The March Group provides a full

spectrum of investment banking and consulting services designed to help

entrepreneurs obtain financing in all stages of their company’s

development and will help 21CSI identify and enlist potential purchasers

of its unique, rapidly expanding Force Protection Line (FPL) which

provides numerous applications for both land and maritime surveillance.

The Force Protection Line includes products such as High Resolution

Situational Awareness (HiRSA), an intelligent

command and control program that provides anti-terrorism/force

protection (AT/FP) operators with a persistent surveillance capability

and a user-defined operating picture. Originally deployed with Marines

in Iraq, HiRSA technologys was recently

selected to participate in a groundbreaking program to help secure the

Jordanian border and demonstrated as a powerful, easy-to-operate

solution for potential use in U.S. border security. FPLs

maritime applications are versatile and deployable in a number of

realms. SentinelNet, an intelligent

agent-based AT/FP decision support tool, is used for protecting naval

assets in oversea ports and coastline expeditionary operations. 21CSI is

also developing the integration software for the US Navys

Integrated Swimmer Defense (ISD) project which seeks to protect naval

assets from single or small group of swimmers which are one of the most

difficult threats to detect and defend against.

By enlisting the services of The March Group, 21CSI is pursuing a

business plan that was launched last year. Commenting on the effort,

Jeffrey Hicks, Chairman and CEO of 21CSI, said, Our

unique business model is to serve as a creator and incubator for

versatile technologies that, when mature, have broad application in both

the defense and commercial fields. Revenue from the sale will allow

21CSI to further invest in our other product lines, thus accelerating

and expanding our total technology reach. I am confident that The March

Group will identify a broad range of potential purchasers and investors

who would benefit greatly from the acquisition of our FPL technologies.

21CSI develops decision support software to help operators manage

complex, high-stress, rapidly changing environments through sound,

computer-assisted data monitoring and decision making. Intelligent

agents embedded in the systems enable the software to adapt, respond,

and learn from individual users in a variety of different situations.

Find us on the web at http://www.21CSI.com.

21CSI
Bill Berl, 703-418-9333
[email protected]
or
The

March Group
Mike Ryan, 973-543-1100
[email protected]
or
Dittus

Communications
Luke Lewis, 202-715-1515
[email protected]

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Jordan Taylor

Jordan Taylor is Sr. Editor & writer from San Diego, CA. With over 20 years and 2650+ articles edited rest assured your Press Release will see traction.

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