OTCBB: ELHI – StockGuru Profile – Edgeline Holdings Website
I am always looking at the next new technology and there is no question but that VoIP is IT. One factor which is holding VoIP is back is security. ELHI has a solution for this impediment to growth.
Wi-Fi is becoming more ubiquitous. Handheld sets which can convert from VoIP to cellular with the touch of a button are becoming mainstream and affordable for everyone. VoIP is becoming mainstream. Big businesses have been using it for a long time, residential users are embracing it and now the last holdouts are coming forward: small and medium size businesses.
Why the hold out? You have historically needed an IT staff to make VoIP work in a business and security has been a HUGE issue.
Edgeline Holding’s recent acquisition of Secure Voice Communications, Inc. brings proprietary technology that addresses security breaches and poor defense systems in VoIP to the market. This is what is needed for small businesses to embrace VoIP. It frees them from having an IT staff to manage VoIP. Security will be built into the system!
Edgeline Holdings, Inc. recently announced that the Beta version of the application layer attack sensor (ALAS), which is a key component of its Secure SIP Technology initiative and addresses the billion-dollar VoIP market, will be ready for customer evaluation within 60 days.
With the Beta version of the product ready, the testing phase can begin to addresses a VoIP area with security breach deficiencies and poor defenses.
VoIP is growing exponentially and businesses are one of the largest embracers of the new technology. As business goes VoIP, absolute security becomes the issue and Secure Voice Communications, Inc. can address those security issues.
The objective with the new Secure Voice Communications, Inc, technology , ALAS, is to detect a subset of these attacks, known as flood attacks. These are classified as DoS attacks and builds upon the idea of sending data from one or several attackers at a higher rate than the target can process the received data. This will make the target unable to maintain the intended service level. The flood attacks can be achieved using malicious media flows or by using application and/or transport layer signaling messages.
VOIP essentially merges data and voice services onto a single network, eliminating the cost of maintaining separate lines for phone calls and the Internet, and also saving on long-distance-calling costs. Since its introduction in the late 1990s, Internet-telephone service has been rapidly adopted by big businesses who had their own staff to secure their lines. As more small and midsize businesses who do not have a staff to manage security, one barrier to entry is the security of the system, which is crucial for businesses.
Here is a perfect example VoIP in business use: When an 83-year-old steam pipe exploded beneath a New York street last month, Kwittken & Co.’s building was one of those caught in the blast. But business didn’t come to a halt at the 23-person public-relations and marketing agency. The business had its office’s phone service rerouted to employees’ cellphones and home phones. Employees worked remotely for a week as their building, located just 60 meters from the blast, was used as a staging area for emergency personnel. The reason Kwittken could keep business going was two years ago, the company installed an Internet-phone system, which uses the Web to connect calls remotely and to bypass traditional phone lines.
Gigantic Room for Growth in VoIP Industry for Security Systems
Secure Voice Communications, Inc. has a huge potential market with 47.1 million Internet-phone lines deployed by businesses world-wide and 11 million are in small businesses. This number is projected to increase to 46 million small businesses by 2010. Having system security will help to open this market and Internet-phone service can save companies hundreds of thousands of dollars annually and with security built in they are likely to make the switch. The key here is S-E-C-U-R-I-T-Y!
Secure Voice Communications, Inc. will have in Beta testing a product which enhances VoIP security. While VoIP can save on calling costs and add more sophisticated functions to office communication, companies will not adopt it because of security reasons. Developing a secure VoIP system is crucial. VoIP systems can be susceptible to hacking, and many security features used to protect Internet service have to be altered to secure a system that merges data and voice.
While there are many types of attacks that can be handled using functionality already included in the IP telephony protocols, such as authentication, the flood attacks must be approached with different techniques. ALAS will, as the name implies, concentrate on the application layer. More specifically, the product will monitor the SIP signaling messages to detect a DoS attack. This first version of ALAS will concentrate on detecting the DoS attacks, while controlling the attacks will be targeted in later versions.
Given the world-wide boom in VoIP and IP Telephony, Secure Voice’s addressable market is the worldwide commercial ($14.6 billion) and enterprise communications sector.
Edgeline Holdings, Inc.
1330 Post Oak Blvd.
Suite 1600
Houston, TX 77056
Phone: (713) 621-5208
Email: investors@edgelineholdings.com
Website: www.edgelineholdings.com
About Edgeline Holdings, Inc.: Headquartered in Houston, Texas, Edgeline Holdings, Inc. is a publicly traded holding company that specializes in the area of discovering and acquiring leading-edge niche technologies. These technologies will be incubated and nurtured into market ready applications. Edgeline’s current and prospective portfolio consists of early stage companies that require management expertise to further develop the technology to ultimately maximize the value of such technologies by bringing them to market through licensing arrangements and partnerships.
Safe Harbor Statement: Thisrelease contains statements that may constitute forward-looking statements, including the company’s ability to successfully acquire and develop technologies that are and may be acquired. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about Edgeline’s future business and financial results, refer to Edgeline’s Annual Report on Form 10-KSB for the year ended March 31, 2007. Edgeline Holdings undertakes no obligation to update any forward-looking statement that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise. This release contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements contain words such as “expects,” “believes,” “anticipates” and “intends.” Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, economic conditions affecting the B2B environment; continued ability to obtain hardware, software and peripherals at competitive costs; the company’s ability to finance its planned expansion efforts; the company’s ability to manage its planned growth; and changes in regulations affecting the company’s business and such other risks disclosed from time to time in the company’s reports filed with the Securities and Exchange Commission. The company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management’s expectations, except as required by law.
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