ISA's Duos Technologies Awarded Contract By Major Independent Oil and Gas Company
Centraco 3.0 to Consolidate Safety and Security Systems Across Multiple Facilities
JACKSONVILLE, FL / ACCESSWIRE / June 10, 2015 / Information Systems Associates Inc.'s (OTCQB:IOSA) wholly-owned subsidiary Duos Technologies ("Duos"), a provider of intelligent security analytical technology solutions, has been awarded a contract by a major independent oil and natural gas company to utilize the Centraco third-generation intelligent command and control software platform. The implementation is to consolidate a variety of systems used for safety and security monitoring and administration throughout all of their facilities. Centraco 3.0 is a powerful enterprise-level software management suite, which incorporates the traditional "Physical Security Information Management" ("PSIM") functionality with a comprehensive Enterprise Information System ("EIS") feature set that will leverage Concho's IT infrastructure.
"This new feature rich platform will allow our client to integrate their video management, access control, intrusion detection, fire and alarm systems into a single user interface along with an extensive integrated alarm reporting engine," stated Felix Krupczynski, EVP & GM for ISA's Duos Technologies. "It will also provide flexibility and scalability, expanding their monitoring capabilities and functionality as they continue to expand their operations."
Gianni Arcaini, Chairman and CEO of ISA Duos Technologies, stated, "This contract award further validates our technology as an important mission critical component of industrial safety and security including the oil and gas sector, a significant market segment poised for expansion and a testament of the platform's flexibility and capability."
About Information Systems Associates Inc./Duos Technologies Inc.
Information Systems Associates Inc. (OTC Markets: IOSA), based in Jacksonville, FL, provides intelligent security analytical technology solutions with a strong portfolio of intellectual property. Its Duos Technologies' core competencies include advanced intelligent technologies that are delivered through its proprietary integrated enterprise command and control platform, centracoTM. The Company provides its broad range of technology solutions with an emphasis on mission critical security, inspection and operations within the rail, utilities, petrochemical, healthcare, and hospitality sectors. ISA also offers IT, professional services and consulting services for information technology projects. For more information, check out: http://www.duostechnologies.com.
Forward Looking Statements
This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections and reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including but not limited to, the performance of our command control platform in the oil & gas field and other types of settings, the market acceptance of our solutions, the sufficiency and availability of working capital and general changes in economic conditions. Further information on our risk factors is contained in our filings with the SEC, including the Form 10-K for the year ended December 31, 2014. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to revise or update any forward-looking statement for any reason.
Contacts:
Corporate
Jean Martin
904-652-1601
jmm@duostech.com
Investors Relations
Hayden IR
917-658-7878
hart@haydenir.com
SOURCE: Information Systems Associates Inc.
Released June 10, 2015