I.I.S. Intelligent Information Systems Ltd. (“IIS”) announced that it has been informed that a creditor of its sole wholly-owned direct subsidiary, Witech Communications Ltd. ("Witech"), has filed an ex parte application for the liquidation of Witech. Witech has not yet received a copy of the application. IIS and Witech have succeeded in raising only approximately $3,600,000 of the approximately $6,000,000 required to sustain Witech's operations and are insolvent. All employees of Witech have been terminated and it is unable to continue its operations. IIS and Witech have attempted to seek alternative sources of financing and alternative sources of revenue, but due to the extremely difficult business environment that has materially and adversely effected both the technology and the entertainment sectors in which Witech was active, none of these efforts have been successful.IIS currently has approximately $3,000,000 principal amount of convertible debt outstanding and approximately $600,000 in debts to other creditors (including officers and directors) and Witech has approximately $1,500,000 principal amount of non-convertible debt outstanding to various lenders as well as approximately $1,000,000 in debts to other creditors (including employees). Witech is the only asset of IIS and IIS has almost no cash resources and no prospects of paying its debts. Witech's wholly-owned Delaware subsidiary which is still active (although its operations have also been adversely and materially effected) will likely be sold-off by the liquidator of Witech to pay its debts and the debts of Witech. In light of this situation, the entire board of directors of IIS has resigned.

Northrop Grumman Mission Systems, based in Reston, Va., is a global integrator of complex, mission-enabling systems and services for defence, intelligence and government markets. The sector's technology leadership and expertise spans areas such as strategic systems, including ICBMs; missile defense; intelligence, surveillance and reconnaissance; command and control; and technical services and training.Our business is in advanced mission systems and services. It's a growing business - and as competitive as it is dynamic. We currently have contracts not only in the UK but also with NATO, and with customers in Denmark, France, Germany, Italy and The Netherlands. In conjunction with our parent corporation, our business activities extend beyond Europe, into contracts already established in North Africa and Japan.Northrop Grumman Mission Systems Europe Ltd specialises in the development of C4I systems. The mainstay products delivered by Northrop Grumman Mission Systems Europe form a Common Operating Environment (COE) for C4I systems. This software is very widely used by the US military and by NATO and allows applications to be added in a structured manner using automated tools. This leads to improved interoperability, reduced integration and testing costs, a common user interface and many other benefits. Development licences can be supplied to prime contractors who wish to build upon Northrop Grumman Mission Systems Europe's core system. Our products and services extend to include command support systems, communications command and control systems, data communication systems/equipment, software and tactical information systems.

Zebra Enterprise Solutions, a division of Zebra Technologies Corporation, extends Zebra's reach beyond passive RFID by employing state-of-the-art software and hardware solutions to locate, track, manage, and optimize high-value assets, equipment and people across the world’s largest supply chains. Whether tracking containers through a port, optimizing parts for manufacturing, or managing ground support equipment at an airport, the real-time asset management solutions from the combination of Navis, WhereNet, proveo, and Multispectral Solutions provide improved visibility and velocity to gain measurable business improvements. Utilizing products that are based on ISO/IEC 24730-2, Cisco CCX Wi-Fi, precision GPS, and UWB technologies, Zebra Enterprise Solutions offers a wide range of location solutions that are "application matched," enabling its customers to put the right asset in the right place at the right time.

Epson's history spans more than 100 years, with a heritage that began in watch making and led to the invention of the world's first quartz watch along with many other technology "firsts." This long tradition of creating products that are smaller and more precise continues today, with the development of some of the world's most advanced micromechantronics capabilities for ultra fine, high precision processing. Epson America, Inc. vision to drive Digital Image Innovation by providing cutting-edge imaging solutions, focused on the fields of imaging on paper, imaging on screen, and imaging on glass. Supporting this vision will be continued innovation in core devices that provide value-added solutions for linking imaging products.

Tiqit—TIny ubIQuITous Technology—Computers is a leading designer and manufacturer of wireless ultra mobile computers for on the go professionals. Tiqit was founded in March 2000, by Vaughan Pratt, one of the nation's most respected academic visionaries. Tiqit has developed a patent-pending wireless ultra mobile PC capable of running Windows, UNIX, or Linux. The prototype supports Wi-Fi (802.11b)1, Bluetooth1, and CDMA/GPRS1,2 technologies with a 300MHz CPU, 256MB RAM, 15GB hard drive, 4" touch screen display, and QWERTY keyboard. Tiqit addresses the dual problems of device proliferation and software incompatibility giving mobile enterprise professionals the option of a single device replacing today's menagerie of notebooks, PDAs, and BlackBerrys. Tiqit runs all business-class applications (SFA, CRM, and ERP as well as MS Outlook and the whole MS Office Suite) without missing a beat. Cost savings can thus be achieved by companies avoiding purchasing, supporting, and maintaining multiple handheld devices or developing, purchasing, and supporting different ported applications/OSs. Investments in legacy software and management tools are preserved, and companies can continue on a single path of development, deployment, training, and management of future applications.

Psion Teklogix are passionate about producing rugged mobile computer products and technology that make a real difference to the customers and to their employees. The result is the people who use PT products enjoy their jobs more, get more done, add more value, and delight more customers.Psion Teklogix rugged mobile computers are designed from the ground up to deliver Return on Mobility™. Psion Teklogix do this by driving down the total cost of mobility, improving task efficiencies and delivering information dividends. And by delivering change resilience that extends the life of every device, Psion Teklogix help the customers cost effectively cope with change, wherever it comes from: changes in networks, applications, technologies and markets.

Oasis was founded in 1997 as a solutions-oriented Systems Engineering, Integration and Management company. We are a fast growing provider of Enterprise Systems Engineering, Information Technology (IT) and Advisory and Assistance Services (A&AS), strategically positioned to help Federal Government Agencies transform warfighter capabilities.

InFocus helps businesses and consumers get the big picture. InFocus Corporation makes projectors that can present output from computers, VCRs, and DVD and laserdisc players. Its products include portable projectors, projectors for conference rooms and auditoriums, and home theater models. Larger models are used to make business presentations and double as big-screen TVs when connected to a VCR or DVD player. InFocus sells its products through distributors such as Ingram Micro (about 23% of sales in 2008) and Tech Data, resellers that brand the projectors under their own labels, and directly to retailers and corporations. In 2009 the company agreed to be acquired in a transaction that will take it private.

Western Digital Corporation engages in the design, development, manufacture, and sale of hard drives worldwide. It offers hard drives, including 3.5-inch, 2.5-inch, 1.8-inch, and 1.0-inch form factor drives under WD Caviar, WD RE, WD VelociRaptor, WD Scorpio, WD Elements, WD AV, My Passport, My Book, My DVR Expander, and WD GreenPower Technology brand names. The company’s hard drives are used in desktop computers, notebook computers, enterprise storage, workstations, video surveillance equipment, networking products, digital video recorders, satellite and cable set-top boxes, and external storage appliances. Western Digital Corporation sells its products to original equipment manufacturers and original design manufacturers for inclusion in computer systems or subsystems, distributors, resellers, and retailers. The company was founded in 1970 and is headquartered in Lake Forest, California.

Speakerbus, founded in 1984, operates from offices and support centers in Europe, Asia, and North America. Speakerbus is a manufacturer of audio- and videoconferencing systems that combine hardware and software to enable remote users to engage in multimedia communication over phone lines and the Internet. Speakerbus' Hoot 'n' Holler product is used by customers in broadcasting, emergency services, and financial trading to enable secure audioconferencing. Speakerbus also makes products for corporate videoconferencing, intercom, and surveillance applications.

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