InferX Corporation Approved as Subcontractor on U.S. Navy SeaPort-e Contract
MCLEAN, VA — (Marketwire) — 10/07/08 — InferX Corporation (OTCBB: IFRX) is now approved by the U.S. Navy to serve as a subcontractor on the U.S. Navy SeaPort-e Contract. InferX will serve as a sub-contractor to the Irus Group, Inc, a leading provider of business intelligence and performance enhancement support services. The Irus Group serves as a primary contractor on the SeaPort-e Contract.
Irus Group Chief Executive Officer Vijay Suri said, “The U.S. Navy requires dynamic analytical solutions that are adaptable for changing mission scenarios. The solution sets provided with our partner InferX will provide proven predictive analytic tools and technologies to enable the Navy to meet critical operational needs.”
InferX pioneered and commercialized a powerful, proprietary suite of data analytical risk and threat assessment solutions. InferX was recently awarded its second patent for its real time, distributed predictive analytics and business intelligence system and has four additional patents pending.
“We look forward to working with The Irus Group in coming months on what I believe will be a highly productive teaming relationship given our complimentary technologies and solutions,” said Paul B. Silverman, InferX’s interim Chief Executive Officer. “The new teaming agreement is consistent with InferX’s plans to pursue new government and commercial applications for next generation business intelligence solutions and advanced predictive analytics technologies working with ‘best of breed’ partners,” said Silverman.
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