Vision Opportunity Capital Management, LLC Converts Entire Debt Position into Equity SAN FRANCISCO, March 27 /PRNewswire-FirstCall/ -- Intelligentias, Inc. (OTC:ITLI) (BULLETIN BOARD: ITLI) , a recognized leader in the Homeland Security Industry providing Data Retention, Tracking and Investigatory Services for Telcos, ISPs and Law Enforcement Agencies around the world, announced today that it has signed an agreement with New York-based Vision Opportunity Capital Management, LLC, a fundamental research-based investment adviser specializing in private placements, to convert the entire $8,000,000 debt position Vision manages into common stock equity. In the agreement signed by Adam Benowitz, co-founder of Vision Opportunity Capital Management, the firm has elected to convert $8,000,000 of the principal into shares of common stock. Vision accepted restricted shares, with Benowitz explaining, "After watching the growing activity in the Data Retention space over the last several months, and how Intelligentias was so successfully capitalizing on the opportunities presented by current and upcoming legislation requiring all Telcos and ISPs to utilize Data Retention technology to maintain call and web records, we became more and more confident in our investment, and we ultimately decided that this was a company that was going to be an integral part of the market, and one we could support over the long term." Luigi Caramico, President of Intelligentias, commented ,"I think it says a lot about Intelligentias and how we are positioned in the market to have such a large vote of confidence from an organization like Vision, which is becoming a real name on Wall Street as one of the most astute registered investment advisors in small companies." Caramico went on to explain that the equity provided by the conversion will put Intelligentias on solid ground as it moves forward to make acquisitions and expand its sales channel. Caramico also expressed excitement that Intelligentias may now qualify to move its listing up to become a member of a major exchange. Vision Opportunity Capital Management, LLC is an SEC registered investment advisor that specializes in making value-oriented investments in fundamentally strong small-cap public companies. The financial community is invited to review the Company information on Intelligentias through the corporate website http://www.intelligentias.com/ . About Intelligentias http://www.intelligentias.com/ Intelligentias is a global data-intelligence conglomerate. Using a worldwide network, we market Homeland Security products to Law Enforcement Agencies, Telcos and ISPs in order to prevent terrorism, cyber-crime, and child exploitation. Our portfolio company Retentia, Inc. (http://www.retentia.com/) sells Data Retention, Tracking and Forensics software to some of the largest organizations in the world. Our portfolio company Investigatia, Inc., launching in 2007, is our data investigation company. Investigatia intends to focus on fraud, identity theft, identity authentication and verification. Our portfolio company Interceptia, Inc., launching in 2007, is our Lawful Intercept Company. Interceptia intends to focus on Legal Interception of telecommunications by law enforcement authorities (LEA's) and intelligence services. About Retentia http://www.retentia.com/ Retentia is a world leader in data retention software and services. We provide data capture, archiving, and forensics solutions for Telcos, ISPs, Enterprises, and Law Enforcement agencies all over the world. Retentia's Data Retention Suite (DRS) enables Telcos and ISPs to assist Law Enforcement Agencies to locate and prosecute terrorists and criminals as well as to stay in compliance with federal legislation and directives -- faster and for less money than competing solutions. Retentia's portfolio of proven Data Retention products supports the complex scale, security and performance requirements of some of the world's most demanding organizations such as Telecom Italia, Telecom Italia Mobile, Fastweb, Ferrovie Dello Stato, Italian Ministry of Defense, 3 Mobile Media Company and many others. With its unique specialization, leading-edge technology and top-tier customer base, Retentia qualifies as one of the most dynamic and fastest-growing companies in Homeland Security Software Sector. Retentia, Inc. is a wholly owned subsidiary of Intelligentias, Inc. (ITLI) Retentia is headquartered in Silicon Valley with regional offices in London and Rome. Forward-Looking Statement: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements. Contact: Pilot Financial Communications Network Rick Gean, 480-247-2142 (Investor Relations) DATASOURCE: Intelligentias, Inc. CONTACT: investors, Rick Gean of Pilot Financial Communications Network, 480-247-2142, or , for Intelligentias, Inc. Web site: http://www.intelligentias.com/

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