Relationship Focuses on CogDatTM, a Next Generation Cognitive Data Technology for Proactive Data Security
AUSTIN, Texas & HAYMARKET, Va., May 16, 2011 (BUSINESS WIRE) -- Overwatch, an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, and Azos AI, LLC, an innovator in embedded intelligence for the information technology industry, today announced that the two companies have entered into an agreement to jointly bring to market CogDat(TM) technology and services.
This collaboration will offer a unique, proactive capability for data protection targeting critical needs in autonomous data security, privacy, cyber crime and cyber warfare. Overwatch, a market leader in multi-source and geospatial intelligence solutions, will work with Azos to develop and market CogDat(TM) based products for a wide range of organizations, especially U.S. Department of Defense and government agencies that need greater information assurance capabilities.
"Think of CogDat(TM) as a data capsule that combines autonomous intelligence with advanced security wrapped around the data. This capability is especially important for interoperability and multi-tenant environments like the cloud," said Shelia Burgess, chief executive officer of Azos AI. "Our companies have a shared vision to provide leading-edge solutions for data protection, and Overwatch brings exceptional value to this initiative with its experience in the data security market."
"With the growing convergence of globally-connected computers and cell phones with the Internet, protection of information and digital assets stored within our systems is reaching critical proportions," said Overwatch Vice President of Business Development and Strategy Jonathan Percy. "As this convergence becomes more prolific in government agencies and businesses, providing complete cyber protection through conventional means will no longer be feasible. Through this business relationship, Overwatch and Azos AI plan to bring new technologies to market to help protect and safeguard our nation's digital domains."
About Azos AI
Azos AI, LLC (Azos) is a privately-held Virginia-based company. As an innovator in developing enabling embedded intelligence for the Information Technology industry, the company leverages its extensive expertise in artificial intelligence (AI), application development, and communications. Azos continues development of its technology portfolio as the company addresses and resolves very critical challenges in today's world. More information is available at www.azosai.com.
About Overwatch
Overwatch is the leading provider of integrated intelligence software solutions and services as well as robust satellite communications systems for today's U.S. and international defense and intelligence communities. For the past 20 years, Overwatch's intelligence solutions have supported decision makers, counter-terrorism analysts, warfighters and first responders by providing proven tools that simplify the integration, analysis and exploitation of intelligence in order to present a complete operational picture and accelerate the time-to-decision. More information is available at www.overwatch.com.
About Textron Systems
Textron Systems Corporation has been providing innovative solutions to the defense, homeland security and aerospace communities for more than 50 years. Known for its unmanned aircraft systems, advanced marine craft, armored vehicles, intelligent battlefield and surveillance systems, intelligence software solutions, precision smart weapons, piston engines, test and training systems, and total life cycle sustainment services, Textron Systems includes AAI Corporation, Lycoming Engines, Overwatch, Textron Defense Systems and Textron Marine & Land Systems. Textron Systems Corporation is an indirect wholly owned subsidiary of Textron Inc. More information is available at www.textronsystems.com.
About Textron Inc.
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. More information is available at www.textron.com.
SOURCE: Textron Inc.
Investor Contact:
Textron
Doug Wilburne, 401-457-2288
or
Media Contacts:
Textron Systems Corporation
Sharon Corona, 410-628-3184
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Azos, AI
Patricia A. Pilia, Ph.D., 303-485-9967
or
Textron
David Sylvestre, 401-457-2362