D7 Enterprises Inc. (DGIF)

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News out.

Digital Info Security Company Executes Asset Purchase Agreement with Patron Systems, Inc.
Thursday May 24, 11:05 am ET
DGIF Purchases PolicyBridge Software


WESTMINSTER, Colo., May 24 /PRNewswire-FirstCall/ -- Digital Info Security Company (Pink Sheets: DGIF - News) has executed an agreement with Patron Systems, Inc. (OTC Bulletin Board: PTRN - News) to purchase its PolicyBridge software and its associated intellectual property rights for $285,000. DGIF has agreed to provide service and support for all current PolicyBridge customers previously served by Patron Systems.
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PolicyBridge is a scalable email policy management system that packages email archiving and email surveillance for supervision, discovery and compliance purposes. The addition of PolicyBridge complements the email compliance solutions that DGIF currently offers to meet SEC, NASD, Sarbanes- Oxley and HIPAA standards, and allows DGIF to expand into markets that are not currently well-served. In addition to its existing customers who are mostly in the financial services industry, DGIF will cater to organizations obligated to meet electronic discovery requirements mandated by recent amendments to the Federal Rules of Civil Procedure, such as public companies, school districts and governmental departments.

"This is a significant purchase for DGIF," said James Clark, Chairman & CEO of DGIF. "This will allow us to gain competitive advantage by extending our products and services to large-scale enterprises. We are extremely excited about the opportunity to build our customer base and to increase revenue."

ABOUT DIGITAL INFO SECURITY COMPANY

Digital Info Security Company provides world-class hosted Email Archiving, Email Surveillance, Spam Filtering and Virus Protection, Encryption, Instant Message Archiving, Remote Backup and Restoration, Colocation, BlackBerry Hosting and Website Hosting.

ABOUT PATRON SYSTEMS, INC.

Patron Systems, Inc. provides application software and services focused on process management in the public sector. Patron's current application software offering, FormStream, is an open standards information sharing tool that addresses the need for law enforcement and public safety agencies to share information between local, state and federal law enforcement and homeland security agencies. FormStream is a mobile electronic forms (e-forms) application, which provides a secure, highly scalable, open standard, network independent method for the distribution and synchronization of e-forms to mobile devices. The implementation of FormStream allows its user agencies to update and modernize their business processes to utilize the sophisticated form and user based rules and process routing capabilities of FormStream. FormStream addresses mobile e-form creation, capture and sharing over wireless networks and manages data in industry standard formats (forms: .pdf, XDP and XML; law enforcement: Global Justice XML data model (GJXDM) and National Information Exchange Model (NIEM)). Further information is available at http://www.patronsystems.com.

FURTHER INFORMATION

For additional information, contact DGIF at 866-841-5970 or visit http://www.disecurityco.com.

SAFE HARBOR STATEMENT

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Terminology such as "anticipate," "believe," "estimate," "may," "intend," "expect," and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently, and other factors detailed in reports filed by the Company.




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Source: Digital Info Security Company