Team to Scout and Accelerate the World’s Best New Security Technology
U.S. and British Firms in Strategic Partnership – GrayDome, Inc. and OrbisIP Limited
(Washington, DC and London, England – Dec 3, 2007) The new technology that could foil a major terrorist or cyber attack could be sitting in a university research lab or entrepreneur’s start-up company right now. But identifying those technologies, commercializing them and getting them into the hands of the right government agencies can be a long, frustrating, and sometimes impossible task. Now two companies from opposite sides of the Atlantic, America’s GrayDome, Inc. and Great Britain’s OrbisIP Limited, are teaming up to search the world for the best new security technologies and help foster their development and fielding.
“We are the first business entirely focused on the technology transfer and licensing of security technology patents and products on behalf of universities and corporations across the world,” said Peter Jaco, OrbisIP CEO. “We scour universities and high-tech start-ups to find the technologies major corporations and government agencies need – but the next critical step is helping companies commercialize those technologies and bring them to market. That’s where GrayDome comes in.”
“OrbisIP has access to the best emerging technologies around the globe and it’s our role to help get them into the world’s biggest security market, the United States,” said Jeff Hagmeier, GrayDome CEO. “We have the experience, resources and solutions to help companies grow and succeed in serving the U.S. commercial and government markets.” “This agreement between GrayDome, Inc. and OrbisIP provides innovative Infosec technology companies from around the world a point of access to this huge and growing marketplace and the resources to rapidly and effectively deploy these important technologies to the forefront of national, commercial, and personal security.”
U.S Government spending on security programs continues to grow with several technology analysts offering the following forecasts on expenditure and growth:
Government spending on security-related IT products is expected to reach $56.5 billion by 2009 (Data Monitor)
Since 9/11 the U.S. Department of Homeland Security and its agencies have paid private contractors in excess of $130 billion. (CA MARKET WIRE)
The $8.7 billion US information security industry will grow 19% annually through 2008 – (Freedonia)
NOTES TO EDITORS
About GrayDome, Inc.
GrayDome was established to identify and accelerate significant new technologies to the frontlines of national, commercial and personal security. GrayDome provides strategic management, human capital, and knowledge management solutions to security sector companies and supports them with the leadership, awareness and resources to ensure success. GrayDome leverages proprietary security sector business intelligence analytics and a broad network of experienced technology executives, cleared domain experts, entrepreneurs, technology innovators, investors, and security sector decision-makers to accelerate emerging security technologies to the U.S. Government and commercial marketplace.
CONTACT: For further information, please visit http://www.graydome.com/
About OrbisIP Limited.
OrbisIP is the first company to focus exclusively on the technology transfer and licensing of Information and Homeland Security Intellectual Property (IP) Patents and Products. OrbisIP is building international Partnerships with Universities, Research Laboratories and Small to Medium Enterprises (SMEs) that specialise in producing innovative Security Technology and Research and assisting these partners in the licensing and distribution of their technology to global licensors of Infosec Patents and Products. OrbisIP Limited has been founded with the support of strategic investment partner Imprimatur Capital.
CONTACT: For further information please email OrbisIP on info@orbisip.com or visit our website www.orbisip.com.