Business Wire
http://www.issinc.com
November 15, 2012 06:00 AM Eastern Daylight Time 

Intelligent Software Solutions To Acquire Xpect Software

Acquisition Will Expand ISS’ Reach Into New Countries And Markets

COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Intelligent Software Solutions (ISS) today announced it has acquired the principle assets of Xpect Software, LLC, a provider of commercial software solutions to the government and military sectors both domestically and abroad. Financial terms of the acquisition are not being released.

“We have received acquisition offers in the past but the criterion was always to grow our vision and enrich our customer base with quality products. The capabilities of the two companies together provide a fabulous opportunity to realize this vision.”

Xpect Software, based in Mount Laurel, New Jersey, was founded in 2004, and provides a wide range of data analysis and management solutions to federal, state and local governments across 22 countries. The company’s software assists users in identifying, collating, analyzing, visualizing and exploiting any type of information. Its principal product, Dfuze®, has evolved into the de-facto global standard for Counter Improvised Explosive Devices (C-IED), Explosive Ordnance Disposal (EOD) and counterterrorism operations around the world.

The acquisition of the Dfuze product suite and other Xpect assets help ISS expand into new international markets in its core business areas. The Dfuze family of products complements ISS’ flagship products WebTAS® and CIDNE®, both used by defense and security agencies for reporting and analysis. It allows the company to expand its range of offerings in the law enforcement and public safety arenas with the combined expertise of the ISS and Xpect teams.

“The move into new markets and the ability to leverage Xpect’s sales model are very compelling benefits for ISS,” said Jay Jesse, chief executive officer, ISS. “We are taking our current business, which is very vibrant and growing steadily, and blending it with new capabilities both in terms of verticals and international footprint. It is a tremendously exciting event in the history of ISS.”

“Xpect sees this acquisition as an opportunity to instantly enhance the service and product range to our customers,” said Laine Napier, president, Xpect. “We have received acquisition offers in the past but the criterion was always to grow our vision and enrich our customer base with quality products. The capabilities of the two companies together provide a fabulous opportunity to realize this vision.”

Napier will be joining ISS as vice president of a new Xpect Solutions Division.

The acquisition was completed earlier this month.

About Intelligent Software Solutions

ISS provides its U.S. and foreign government customers with innovative yet pragmatic software solutions that allow customers to get the right information at the right time. Combining data analysis and visualization, advanced reporting, mobile and multi-touch interaction, geospatial intelligence, machine learning, geo-temporal analysis and semantic data processing, ISS customers are able to access, view and analyze information to make actionable decisions. ISS products are used extensively by the Department of Defense, Department of Homeland Security, intelligence organizations, and several international customers. Specific domain strengths include: Command & Control, Special Operations, Intelligence Analysis, Counter-Drug, Counter-Terrorism, Counter-IED, Homeland Security and Defense.

For more information on ISS visit www.issinc.com.

Contacts

Technology PR Solutions
Neal Stein, 321-473-7404
nealjstein@techprsolutions.com
or
Intelligent Software Solutions
Melissa Burkett, 719-452-7605
info@issinc.com

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