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Author Topic: CDSS
coalkickin
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What's the News?
Posts: 781 | From: NE PA | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
ARTTEACHER
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Sup..that's not news...that's fluff crap that someone sent out to pitch your the "full" report for 19.99 or something...Telling..this stock ain't seeing close to 1.50...look at the open today..

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I teach in the middle of a cornfield-Do your own DD and don't base your investments on my opinions

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coalkickin
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Coming back up....Almost sold, thought the bottom would drop. With all the fluff, should get some sort of a run?
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Buckeye
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This may explain the news Coal. From Marketwatch, so i'm not sure about the source. Be careful though

Citadel shares subject to Nasdaq delisting

By Ruth Mantell
Last Update: 4:41 PM ET Dec 23, 2005

SAN FRANCISCO (MarketWatch) -- Citadel Security Software Inc. (CDSS : citadel sec software inc com
News , chart, profile, more
Last: 0.75+0.28+59.61%

9:23am 02/24/2006
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CDSS0.75, +0.28, +59.6%) after Friday's closing bell said it has received a letter from the Nasdaq indicating that the company has failed to regain compliance with the market's minimum shareholder equity rule. As a result, Citadel's securities are subject to delisting from the Nasdaq SmallCap Market. The security company said it plans to request an appeal hearing wih a Nasdaq panel, adding that the hearing request will stay the delisting pending the panel's decision.

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Buckeye
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Delete my prior post immediately. Date is incorrect. Delete immediately and disregard. I apologize all.
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coalkickin
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Yeah I am watching it...I will get out sometime today..Thanks
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Buckeye
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Sorry about that Coal.

I noticed the "9:23am 02/24/2006" but am in the process of trying to confirm.

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Rusty
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News out:

Citadel Security Software Signs Agreement With GroupCaptiva, Further Increasing Their International Presence

May 04, 2006 08:26:22 (ET)


DALLAS, May 4, 2006 /PRNewswire-FirstCall via COMTEX/ -- Citadel Security Software Inc. (CDSS, Trade), a leader in enterprise vulnerability management and policy compliance solutions, today announced a partnership with GroupCaptiva, a leading supplier of enterprise security software solutions, to deliver Citadel's flagship product, Hercules(R), as part of a complete end-to-end IT service and solution. Citadel's Hercules(R) software will help mitigate risks while ensuring compliance with organizational security policies and government mandates. Hercules(R) is used throughout the U.S. to comply with such regulations as Sarbanes-Oxley and FISMA. GroupCaptiva will incorporate Citadel's Hercules(R) software into their full line of enterprise security solution products and services.

Hercules(R) is an appliance-based vulnerability remediation and policy enforcement solution that automates the resolution of all classes of vulnerabilities. With the largest library of tested vulnerability remedies across Windows and UNIX platforms and interoperability with industry leading network scanners and vulnerability assessment tools, the Hercules(R) Security Appliance provides comprehensive IT security compliance, asset inventory and risk assessment, and automated vulnerability remediation and policy enforcement for government and commercial enterprises.

"We are excited to see our product offered and delivered to such a diverse group of customers," said Randy Schirman, Executive Vice President - Worldwide Sales, Citadel Security Software. "Our presence in Canada allows us to expand and grow in the international market, while offering GroupCaptiva the opportunity to provide the absolute best in service and protection."

GroupCaptiva helps clients improve competitiveness and efficiency by delivering a total security and compliance solution designed to meet their complete business and technology needs. Headquartered in Ottawa, with several offices across Canada, GroupCaptiva has quickly become a leading provider for complete enterprise security software solutions. They provide support and consulting to over 200 customers, including many departments of the Canadian Federal Government, as well as several provincial governments, top law firms, and most of Canada's chartered banks.

"This partnership allows us to provide our customers with the best vulnerability and compliance software available to ensure the optimum level of protection is provided," said Chris Gaudon, President and CEO, GroupCaptiva. "By incorporating Citadel's Hercules(R) software package into our solution, we can continue to service Canada's government and corporate clients as the trusted source for leading IT security solutions."

About Citadel Security Software Inc.

Citadel Security Software Inc. delivers security solutions that enable organizations to manage risk, reduce threats and enforce compliance with security policies and regulations. Citadel's proven architecture provides a business process to manage the increasing volume, frequency and complexity of cyber security attacks. Citadel combines the world's largest active library of remediations spanning all classes of vulnerabilities with a proven delivery methodology to dramatically streamline vulnerability management and security compliance and provide ROI from the first use. Citadel solutions are used across the Department of Defense, at the Department of Veterans Affairs, and within other government and commercial organizations. For more information on Citadel, visit http://www.citadel.com, or call 888-8CITADEL.

About GroupCaptiva

GroupCaptiva maintains a portfolio of the world's leading security software products and is a trusted source for IT security products for Canada's Fortune 1000 and government agencies. With locations across Canada, GroupCaptiva completes the value equation by providing local customer support and certified technical support for every product in our portfolio. For more information on GroupCaptiva, visit http://www.groupcaptiva.com or call 1-866-570-2888.

Safe Harbor/Forward-looking Statements:

This press release may contain forward-looking statements that are intended to be subject to the safe harbor protection provided by Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements relate to future events or future financial performance and involve known and unknown risks and uncertainties that may cause actual results or performance to be materially different from those indicated by any forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "forecast," "may," "will," "could," "should," "anticipate," "expect," "plan," "believe," "potential" or other similar words indicating future events or contingencies. Some of the things that could cause actual results to differ from expectations are: the economic and geopolitical environment; changes in the information technology spending trends; the uncertainty of funding of government and corporate information technology security projects; the variability of the product sales cycle, including longer sales cycles for government and large commercial contracts; the uncertainty that the company's prospective deals will result in final contracts; the potential changes in the buying decision makers during a customer purchasing cycle; the complexities in scope and timing for finalization of contracts; the fluctuations in product delivery schedules; a lack of Citadel operating history; uncertainty of product development and acceptance; uncertainty of ability to compete effectively in a new market; the uncertainty of profitability and cash flow of Citadel; intellectual property rights and dependence on key personnel; economic conditions; the continued impact of terrorist attacks, global instability and potential U.S. military involvement; the competitive environment and other trends in the company's industry; the effects of inflation; changes in laws and regulations; changes in the company's business plans, including shifts to new pricing models that may cause delays in licenses; interest rates and the availability of financing; liability, legal and other claims asserted against the company; labor disputes; the company's ability to attract and retain qualified personnel; and the potential for adjustments to the amounts in previously presented unaudited financial tables as a result of the completion of the audit process. For a discussion of these and other risk factors, see the company's Annual Report on Form 10 for the year ended December 31, 2005. All of the forward-looking statements are qualified in their entirety by reference to the risk factors discussed therein. These risk factors may not be exhaustive. The company operates in a continually changing business environment, and new risk factors emerge from time to time. Management cannot predict such new risk factors, nor can it assess the impact, if any, of such new risk factors on the company's business or events described in any forward- looking statements. The company disclaims any obligation to publicly update or revise any forward-looking statements after the date of this report to conform them to actual results.

Editors Note: Citadel is a trademark and Hercules(R) is a registered trademark of Citadel Security Software.

SOURCE Citadel Security Software Inc.

Posts: 26 | From: NL | Registered: Feb 2006  |  IP: Logged | Report this post to a Moderator
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