Abraxas Corporation agrees to Acquire Edge Intelligence
23 Sep 2008
Herndon, Va. September 23, 2008 -
Abraxas Corporation announces it has entered into an agreement in
principle to purchase Edge Intelligence of San Diego, California
and the establishment of a West Coast Abraxas Corporation R&D
office to be known as Edge Research and Development. Edge
Intelligence founder Teddy Lindsey will become Vice President of
Research and Development and Director of Edge Research and
Development. Edge R&D will bring emerging software and hardware
technologies in the form of disruptive cyber solutions.
Edge R&D will work across all Abraxas Corporation companies, supporting existing in house development programs at Aerodyne, Anonymizer, Applications, Engineering, Global Analytics and Corporate but will also work on Edge R&D unique initiatives. Those initiatives include expanding the development of Edge Intelligence products.
Since 2003, Mr. Lindsey has been one of the foremost Computer Scientists in the FBI. He is frequently consulted on national and international investigations and operations that involve technology matters or require innovative solutions to difficult problems. In 2004, he was the recipient of the FBI Director`s Award for Excellence. Prior to joining the FBI, he served as the Director of Research for the Microsoft/Qualcomm joint venture, Wireless Knowledge, Inc.
"Teddy is one of the most intellectually exciting and nicest people we have ever met," said CEO Richard Helms. "I introduced Teddy to most of our executive team over a 36 hour period and everyone came away as pumped up about where we`re going with him as I was. Our methodology is simple. We identify the best subject matter experts available and listen to them to understand customer needs then assemble equally talented software developers to solve customer problems. Teddy understands this methodology and shares the excitement we have had for nearly seven years."
Abraxas Corporation develops and implements unique technology solutions that address the global challenges faced by the national security community today and in the future. Abraxas employs nationally recognized experts and engineers to address those challenges and develop a suite of products across all technology domains to ensure delivery of the most advanced and comprehensive solutions.
For more information about Abraxas and its products and services, please contact media@abraxascorp.com
SOURCE: ABRAXAS CORPORATION
Edge R&D will work across all Abraxas Corporation companies, supporting existing in house development programs at Aerodyne, Anonymizer, Applications, Engineering, Global Analytics and Corporate but will also work on Edge R&D unique initiatives. Those initiatives include expanding the development of Edge Intelligence products.
Since 2003, Mr. Lindsey has been one of the foremost Computer Scientists in the FBI. He is frequently consulted on national and international investigations and operations that involve technology matters or require innovative solutions to difficult problems. In 2004, he was the recipient of the FBI Director`s Award for Excellence. Prior to joining the FBI, he served as the Director of Research for the Microsoft/Qualcomm joint venture, Wireless Knowledge, Inc.
"Teddy is one of the most intellectually exciting and nicest people we have ever met," said CEO Richard Helms. "I introduced Teddy to most of our executive team over a 36 hour period and everyone came away as pumped up about where we`re going with him as I was. Our methodology is simple. We identify the best subject matter experts available and listen to them to understand customer needs then assemble equally talented software developers to solve customer problems. Teddy understands this methodology and shares the excitement we have had for nearly seven years."
Abraxas Corporation develops and implements unique technology solutions that address the global challenges faced by the national security community today and in the future. Abraxas employs nationally recognized experts and engineers to address those challenges and develop a suite of products across all technology domains to ensure delivery of the most advanced and comprehensive solutions.
For more information about Abraxas and its products and services, please contact media@abraxascorp.com
SOURCE: ABRAXAS CORPORATION
