Estimated $25M in Contract Awards Sought by June 7th for Cyber, Energy, C4ISR and Other Disruptive Technologies for National and Homeland Security Applications

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May 25, 2010, 09:30 ET

WASHINGTON, May 25 /PRNewswire/ --The non-profit National Security Initiative, owner/operator of the American Security Challenge is revising the registration deadline to June 7. After generating over $10M last year in teaming, sub-contract and investor term sheets, the 2010 Challenge is targeting greater than $25M for registrations with cybersecurity, C4ISR, physical security and energy applications. ASC has arranged for over 40 pilot contract awards that include but are not limited to various customer groups within the Department of Defense, Raytheon, ArcSight, Intuit, members of the Intelligence Community and others (additional customers pending). Registration is open to all businesses at www.AmericanSecurityChallenge.com .

These pilots provide registered Challengers the opportunity to have their technologies tested in a small controlled environment that mirrors the full-scale scenario. These customers are qualified customers who have purchase authority, ready contract vehicles and funding for technologies that pass their respective pilots. These pilots may expand a registered Challenger's footprint within these customers or establish a new beachhead.

A sampling of the pilots is below. For full list go to "The Challenge" section of the website.

Management, analysis & visualization of large data sets collecting terabytes per hour
Network detection and obfuscation techniques
Offensive and defensive network security
Protection of consumer credentials and sensitive account information on contaminated devices
Security authentication for IP networks
Wireless security including handheld devices, unmanned vehicles, satellite, towers, and other
High volume data analysis and visualization tools
In-band interference cancellation techniques
Large scale data management, fusion and analysis of multi-lingual, multi-source, multi-format, structured and unstructured data
Access controls
Asset tracking
Biometric technologies that accurately determine identity at a distance
Batteries and power sources of long duration
Building energy conservation technologies
Scavenging energy technologies
Stationary and mobile power supplies and storage
Vehicle and vehicle fuel efficiency technologies
Water purification

In addition, ASC offers a Mentor Protege Award only for SBA certified small businesses of up to $3M for up to three years.

CALL TO ACTION -- Companies with suitable technology in these areas should apply by June 7, 2010 to be considered. Scoring criteria, eligibility, customer requirements, deadlines, investment and pilot contract award dates and other information is available www.AmericanSecurityChallenge.com .

ABOUT NATIONAL SECURITY INITIATIVE (NSI)

The National Security Initiative is a non-profit organization devoted to promoting America's long-term national security interests by uniting the power of the market to the power of American ingenuity. The principle channel is the American Security Challenge, an annual technology contest that brings innovators and investors from around the country together to collaborate and support the best security technology devoted to our country's long-term national security. Learn more about NSI at www.NationalSecurityInitiative.com and about ASC at www.AmericanSecurityChallenge.com .

ABOUT AMERICAN SECURITY CHALLENGE (ASC)

As the largest competition and matchmaking opportunity in the nation, the American Security Challenge is the center of gravity for the critical stakeholders in the security technology market. By quickly identifying solutions to mission critical and highly visible issues, the American Security Challenge public/private partnerships are working to secure our nation's citizens, our assets and our economy.