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Sector Close-Up on Tech Stocks, Tech Security a Key Issue for Defense
investid | 02 Jun 2009

CyberSecurity Stocks Close -Up Following President Obama's Statements on Securing Cyber Infrastructure; Versar (AMEX: VSR) up 11.60%

Point Roberts, WA- June 1, 2009 Investorideas.com and www.TechSectorStocks.com, a Technology Stocks Investor Portal within Investorideas.com, issues a sector close- up on Technology stocks in the cybersecurity sector following recent remarks from President Obama on securing the cyber infrastructure.

Tech Stocks Sector Close –Up – Cyber Security as of Close May 29th

MCAFEE, INC (NYSE: MFE) closed at $39.23, up $ 0.19 (0.49%). President and Chief Executive Officer Dave DeWalt attended the presentation of the Obama administration’s cybersecurity review at the White House in Washington, D.C., on Friday, May 29, 2009.

Microsoft Corporation (NasdaqGS: MSFT) closed at $ 20.89, up $ 0.44 (2.15%)

Symantec Corporation (NasdaqGS: SYMC), providing security, storage and systems management solutions, closed at$ 15.63, up $ 0.44 (2.90%) and was up again in after hours trading.

Versar (AMEX: VSR) had a big run closing at $ 4.52, up $ 0.47 (11.60%). Versar is a services firm supporting government and industry in national defense/homeland defense programs, environmental health and safety and infrastructure revitalization.

Unisys Corporation (NYSE: UIS), an IT company that specializes in helping clients secures their operations closed at $ 1.39, up$ 0.04 (2.96%)

USA Video Interactive Corporation (OTCBB:USVO) (CDNX:US.V ) just announced Mr. Von Johnson joined USA Video Advisory Board to assist with marketing the Company's Anti-Piracy technologies, closed at $ 0.0520.

Also read Investorideas.com article Defense Budget Winners and Losers – as it relates to cyber security: http://www.investorideas.com/News/050609a.asp

REMARKS BY THE PRESIDENT ON SECURING CYBER INFRASTRUCTURE

May 29, 2009

“We will begin a national campaign to promote cybersecurity awareness and digital literacy from our boardrooms to our classrooms, and to build a digital workforce for the 21st century.  And that's why we're making a new commitment to education in math and science, and historic investments in science and research and development.  Because it's not enough for our children and students to master today's technologies -- social networking and e-mailing and texting and blogging -- we need them to pioneer the technologies that will allow us to work effectively through these new media and allow us to prosper in the future. “

"It is encouraging to see President Obama and his advisers recognize the seriousness of technology security in all aspects of our lives," said USA Video (OTCBB: USVO) (CDNX: US.V) (Berlin: USF.BE) (Frankfurt: USF.F), President and CEO, Edwin Molina.  "Our company's evolving technology offers enforcement solutions that catch criminals who steal and pirate multiple forms of proprietary content, and more and more owners and authorities are realizing that our enforcement strategy works much better than the prevention strategies they have been trying for years."

For more than a year USA Video has been providing digital watermarking services to the Hollywood film studio of one of the world's leading media content companies, and is poised to expand its services for content protection and forensic tracking to the education and government sectors.