remember this
PORTLAND, Ore.--(BUSINESS WIRE)--Feb. 21, 2006--
Rim Semiconductor Company (OTCBB:RSMI), an emerging provider of
semiconductors to the broadband telecommunications industry, is actively
pursuing the broadband security market with emphasis on secure high-speed
modem-to-modem communications. As a part of those efforts, in November 2005 the
Company began initial discussions with the U.S. federal government about how
the Department of Defense (DoD) and the Department of Homeland Security (DHS)
can use the Embarq(TM) family of transport processors to increase the security
of their wireline communications. As a result, in December 2005 the Company was
invited by the General Services Administration (GSA) to respond to a
solicitation for information technology equipment in which it proposed the
government's deployment of Rim Semiconductor's transport processors. The
Company tendered a formal offer to sell chipsets to government agencies and
submitted an extensive package of materials. In January and February 2006, the
Company made a presentation and conducted follow-up meetings with the GSA. The
Company plans to continue to work with the GSA until a contract award is made.
President Bush's proposed budget for fiscal year 2007, which begins Oct. 1,
2006, allocates $550 billion for the DoD and $43 billion for the DHS. While
there is no assurance that the Company's efforts will result in a particular
dollar amount of purchases by the government, if any, the Company is encouraged
by the fact that both departments have large programs currently underway to
upgrade their wireline communications on military bases and in governmental
data centers.
getting close, maybe we can score, but i won't hold my breath.
