Tom Ridge to Receive Patriot Award at the 2008 American Security Challenge

May 8, 2008

WASHINGTON , May 8 /PRNewswire/ -- Chairman of the National Security Initiative Roger London today announced that The Honorable Tom Ridge, first Secretary of the U.S. Department of Homeland Security and former governor of Pennsylvania , will receive the organization's esteemed Patriot Award, "We are excited and proud to award Governor Ridge this honor. He exemplifies the qualities represented by this award -- honor, patriotism, efficacy and most importantly ingenuity."

"I'm honored to receive the Patriot Award," said Ridge. "The innovation and creativity necessary to secure our nation comes from our innovators and entrepreneurs and I am honored that they count me among them."

The Patriot Award was developed by the National Security Initiative to recognize a great American who has defended our country with integrity, steadfast patriotism, effectiveness and inventiveness. The Award is given to a leader who has successfully confronted national threats to actively protect American citizens and secure the American way of life.

Nominees may be national figures in public or private life, who have served America in capacities that stretch anywhere from our borders to the board room.

Governor Ridge will be recognized and honored among the nation's leading high-tech innovators dedicated to protecting America's security at the American Security Challenge event on, June 5, 2008 , at The Ronald Reagan Building & International Trade Center in Washington, D.C. Grand Prize for the American Security Challenge is $100,000 provided by Nobska Ventures. The Challenge is held in conjunction with the 2008 Homeland Security S&T Stakeholders Conference East, presented by the National Defense Industrial Association (NDIA) with subject-matter support provided by the Science & Technology Directorate (S&T) of the U.S. Department of Homeland Security June 2-5, 2008

ABOUT THE 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. Through the NSI's American Security Challenge, the group recognizes an annual business plan that brings innovators and investors from around the country together to collaborate and support the best security technology devoted to our country's national security. Learn more about NSI at http://www.nationalsecurityinitiative.com and about American Security Challenge at http://www.americansecuritychallenge.com.

ABOUT NOBSKA VENTURES

Nobska Ventures supports exceptional entrepreneurs and management teams in Israel and the United States with early stage venture capital, experienced strategic and operational counsel, and global market access and relationships. Nobska Ventures brings an active, hands-on investment team experienced in business strategy, technology development and commercialization, sales and marketing, and other skill sets so critical to the earliest stages of a young company's growth. For Israeli companies, Nobska provides a US launch pad and hands-on support in team-building and global market entry. Nobska's investment focus areas include advanced Information and Communications technologies for Enterprise Management and Security, Defense Intelligence and Electronics, Homeland Security and Healthcare. Learn more at http://www.nobskaventures.com.

Contact: Roger London

Chairman, National Security Initiative 410-340-5335

SOURCE The National Security Initiative

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