QualityStocks.net News – Intelligentias, Inc. (ITLI.OB) to Capitalize on New German Legislation

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Intelligentias, Inc. (OTCBB: ITLI) is one of our highlighted companies this month. The company provides homeland security products to law enforcement agencies, telecommunication companies, and Internet service providers worldwide. The company, through, Retentia, Inc. sells data retention, tracking, and management software. It also intends to focus on fraud, identity theft, identity authentication, and verification, through its data investigation company, Investigatia, Inc.

In our client’s news today,

Intelligentias announced that its subsidiary, Retentia, Inc., has plans to increase its sales and marketing efforts in Germany as the demand for robust data retention solutions is anticipated to substantially increase due to a new law enforcing every German telco and Internet service to log data for a minimum of six months.

Ian Rice, CEO of Intelligentias, stated, “Last Friday, Germany’s ruling party, along with Wolfgang Schäuble, the German Minister of the Interior, passed the German Data Retention law in accordance with the guidelines established by the EU Data Retention Directive. This new legislation indicates that every German telco and Internet service provider will be required to keep phone and Internet surfing log data on each subscriber for 6 months. These logs can then be used by the police and intelligence services to help in important criminal investigations, or when online crimes are committed.”

He continued to say, “This new legislation provides us with an enormous opportunity and we intend to step up our sales and marketing activity in Germany accordingly. I think Retentia is ideally suited to capture a great deal of new business.”

“This new legislation means that service providers will need to upgrade their systems in order to comply with the law,” stated Nicola DiTomaso, President of Retentia. “Our software meets these stringent legal requirements and can be installed and maintained far less expensively than competing solutions. In fact our software is the only solution in the market currently capturing and storing over 10 billion Internet log records per day and law enforcement agencies can find a single record across trillions of records in near real time.”

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