29.03.2007 20:27:00
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Acxiom(R) Acquires Harbinger Technologies Group
Little Rock-based Acxiom®
Corporation (NASDAQ: ACXM) (www.acxiom.com)
today announced it has acquired Harbinger Technologies Group, an ICx
Technologies Company based in McLean, Va., with an office in Starkville,
Miss. Financial terms were not disclosed.
Harbinger Technologies is an international consulting and technology
firm that develops software tools and training programs for personnel
involved in homeland defense, national security and the prevention of
international terrorism. Acxiom will use Harbinger’s
best-in-class technologies and specialized expertise to help commercial
clients expand internationally while Harbinger will expand Acxiom’s
award-winning products and services to the federal government
intelligence and law enforcement markets.
"Harbinger Technologies and its team of
experts and consultants will be invaluable to Acxiom and our clients,”
said Charles D. Morgan, Acxiom company leader. "This
acquisition is a natural extension in our growth strategy for Acxiom’s
risk mitigation business.”
Harbinger’s almost 50 employees will become
Acxiom associates and will create centers of excellence for intelligence
and law enforcement in Virginia and Mississippi. Harbinger’s
leadership will join Acxiom, including Chief Executive Officer Jeff
Chapman, former intelligence officer and co-founder of the company, and
President Ahmed Qureshi, company co-founder and a former intelligence
officer.
"We are excited to join forces with Acxiom’s
leadership and create best practices and innovative solutions for our
customers,” Chapman said. "Our
combined knowledge of the risk industry and national security
opportunities will be a tremendous asset to federal, state and local law
enforcement officials.”
Harbinger’s suite of technical products
solves major national security challenges by extracting and validating
intelligence derived from foreign languages. The commercial application
of the software supports economic growth for Acxiom’s
clients by allowing them access to a single worldwide platform from
which to launch customer recognition applications with speed and
accuracy heretofore unavailable. Harbinger consultants work closely with
clients to integrate these products into existing user interfaces and
grid environments. Acxiom will use Harbinger’s
software to resolve multiple representations of people, places and
things for the benefit of clients.
"Acxiom and Harbinger have been working
together for more than a year assisting the intelligence community and
federal law enforcement agencies by applying the best commercially
available technologies to the challenge of identity resolution,”
said Rick McGraw, Acxiom Federal Government Leader. "The
combination of Acxiom technologies and Harbinger’s
subject matter expertise provides the means to properly assess risk in a
legally compliant, privacy-assured environment.”
About Acxiom Corporation
Acxiom Corporation (NASDAQ: ACXM; www.acxiom.com)
integrates data, services and technology to create and deliver customer
and information management solutions for many of the largest, most
respected companies in the world. The core components of Acxiom's
innovative solutions are Customer Data Integration (CDI) technology,
data, database services, IT outsourcing, consulting and analytics, and
privacy leadership. Founded in 1969, Acxiom is headquartered in Little
Rock, Ark., with locations throughout the United States and Europe, and
in Australia, China, and Canada. For more information, visit www.acxiom.com.
About Harbinger Technologies Group
Harbinger Technologies Group, an ICx Technologies Co., was founded in
2004 as a consulting and training company focused on homeland security
and international counterterrorism. Harbinger staff is comprised of
former intelligence officers, law enforcement personnel, linguists, and
computer scientists who serve customers in the military, intelligence,
homeland security, and private sector markets. The company has developed
powerful propriety search technologies aimed at providing customers with
fast, accurate methods of analyzing their data and understanding the
connections within the data. For more information, visit www.htgcorp.com
Acxiom is a registered trademark of Acxiom Corporation.
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