Max Sound Corporation Announces New Government Sales Opportunity; Strategic Partner Wins $22M Command and Control Software Development Contract
SANTA MONICA, Calif., May 8, 2012 /PRNewswire/ -- Max Sound Corporation (OTC Bulletin Board: MAXD), an innovative audio technology company that is changing how we listen to music, watch movies, play video games, experience television and communicate on our mobile devices, announced further progress today in its "Strategic Partnership" to introduce MAXD technology to the U.S. Federal Government.
Government sales partner Intelesis Technologies Corporation http://www.intelesistech.com/about.html, a veteran owned small business with Federal and State of California contracts, won a 3 year, $22 million contract with the Navy last week. Intelesis is currently working to gain Government approval for the insertion of MAXD technology into existing, fully funded programs of record – with a view toward improving the quality of Navy satellite and terrestrial voice communications, acoustic signal processing and the performance of a number of Navy command, control, communications, computers and intelligence (C4I) systems.
The Government's announcement last week states:
Intelesis Technologies Corp., San Diego, Calif., is being awarded a $22,090,612 indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee contract to provide command, control, communications, computers, and intelligence (C4I) software engineering support to include engineering products related to C4I software applications and databases or database management systems for current and future C4I systems. Technical support will include the full range of software development including system requirements, design, implementation, integration, and documentation. This is one of six multiple award contracts: all awardees will compete for task orders during the ordering period. This three-year contract includes one, two-year option, which, if exercised, would bring the potential value of this contract to $37,907,087. Work will be performed at government facilities in San Diego, Calif. (90 percent), and at the contractor's facilities in San Diego, Calif. (10 percent). Work is expected to be completed April 26, 2015. Contract funds will not expire at the end of the current fiscal year. This contract was competitively procured via Request for Proposal N66001-11-R-0046 published on the Federal Business Opportunities website, and the SPAWAR e-Commerce Central website, with six offers received. The Space and Naval Warfare Systems Center Pacific, San Diego, Calif., is the contracting activity (N66001-12-D-0113).
About Intelesis Corporation
Founded in 1997, Intelesis is a veteran owned small business (VOSB) supporting the Office of the Secretary of Defense, the Navy, Air Force, Army, Coast Guard, National Security Agency, Department of Treasury and the Centers for Disease Control. Intelesis also has contracts with the State of California and a number of leading defense and commercial management consulting firms. Its staff is composed of veterans of some of the largest defense and commercial management consulting organizations in the world.
About Max Sound Corporation
Max Sound is to audio what HD (High Definition) is to video. The Max Sound® HD Audio™ Process can convert any audio file to high definition quality while significantly reducing the file size.
Visit http://www.maxsound.com/demo-reel, to watch some demos to see the difference for yourself.
Max Sound® name and Logos are registered trademarks of Max Sound Corporation. All other trademarks are the property of their respective owners.
SAFE HARBOR STATEMENT
Statements in this press release which are not purely historical, including statements regarding Max Sound's intentions, beliefs, expectations, representations, projections, plans or strategies regarding the future are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties including, but not limited to, the risks associated with the effect of changing economic conditions, trends in the products markets, variations in the company's cash flow or adequacy of capital resources, market acceptance risks, technical development risks, and other risk factors. The company cautions investors not to place undue reliance on the forward-looking statements contained in this press release. Max Sound disclaims any obligation and does not undertake to update or revise any forward-looking statements in this press release.
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