Published: March 08, 2010
Intellitar Signs Strategic Agreement with MEI Technologies, Inc.
HUNTSVILLE, Ala. - (BUSINESS WIRE) - Intellitar Corporation today announced it has signed a strategic
agreement with MEI Technologies, Inc. to distribute the company's
Intelligent Avatar Platform (IAP) technology. As part of the agreement,
MEI Technologies has become an investor in the company. Working
together, the companies will develop a long-term strategy to deliver IAP
into a broad range of customer markets. MEI Technologies will initially
provide product and technical support to Intellitar as it launches its
hallmark product offering called Virtual Eternity . Virtual Eternity is
a Web-based, legacy social network that allows individuals and family
members to create virtual clones of themselves. As users populate and
educate their digital brain with details of their life, these
intelligent avatars will now look, sound and behave like their creator.
"We are excited to have signed this agreement with MEI Technologies,
Inc., a growing technical corporation that shares our values of ethics,
integrity and customer focus," said Don Davidson, CEO of Intellitar. "In
addition to its capital investment, MEI Technologies provides a strong
balance of technical support resources and a growing, government and
commercial customer base."
"We are pleased with the strategic agreement made with Intellitar," said
MEI Technologies CEO Ed Muniz. "As MEI Technologies continues to
diversify, Intellitar and its Virtual Eternity product are innovative
approaches in continuing to provide the highest possible quality of
products and services."
About MEI Technologies, Inc.
MEI Technologies, Inc. is a nationwide technology company providing
innovative solutions in applied engineering, IT/cyber security, research
and development, biotechnology, and optics for public and private
sectors. Offering best-value products, services and development support
to clients in government and commercial sectors globally, MEI
Technologies employs more than 800 employees in seven states with 2009
revenues of over $140 million. Recently ranked by Space News as a
global top 50 space manufacturing and services company, MEI Technologies
continues to evolve through organic growth, joint ventures and strategic
investments.
About Intellitar Corporation
Intellitar Corporation is bringing to market the first fully integrated
technology platform for building and creating intelligent avatars. The
company's patent pending Intelligent Avatar Platform provides the
ability to create intelligent and interactive avatars for business and
personal use. Virtual Eternity, the company's flagship service offering,
is built on the Intelligent Avatar Platform and is scheduled to be
launched this spring. For more information about Intellitar visit the
company's website at www.intellitar.com
or send an email to media@intellitar.com.
Intellitar, Intelligent Avatar Platform and Virtual Eternity are either
registered trademarks or trademarks of Intellitar Corporation in the
United States.
Intellitar Corporation
Press only:
Don Davidson,
256-489-7750
media@intellitar.com
http://www.intellitar.com
or
MEI
Technologies, Inc.
http://www.meitechinc.com
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