i-BLADES Receives Strategic Investment From In-Q-Tel to Accelerate Growth

i-BLADES, Inc., innovator of technology to make smartphones smarter, today announced a strategic investment and development agreement with In-Q-Tel, Inc. (IQT), the strategic investor that identifies innovative technology solutions to support the U.S. intelligence and defense communities. The IQT partnership will enable i-BLADES to speed up the development of its smartphone technology for new public, private, and command solutions.

With i-BLADES’s cutting-edge technology, users can take off-the-shelf or Bring your own Phone (BYOP) smartphones and transform them into adaptive and secure devices that are easily deployed in a variety of environments, industries, and special sectors. The result is a powerful mobile device that provides a breadth of new capabilities to smartphones, while eliminating the need to regenerate or customize form factor.

We provide the innovative ability for users to slap on a multifunctional Blade with distinct capabilitiesrestricted or unrestrictedtailored to user specifications, says Jorge M. Fernandes, CEO, i-BLADES. Our partnership with IQT underscores the strength of our technology and the new capabilities we bring to the table to aid national security.

The ability to take off-the-shelf smartphones and add additional functionality is critical for U.S. government customers, says Eileen Tanghal, Partner, Investments at IQT. We see i-BLADES as a key strategic partner in providing solutions that enhance government efforts to speed up time-to-market, lower costs, and simplify user learning.

About In-Q-Tel

In-Q-Tel (IQT) is the not-for-profit strategic investor that accelerates the development and delivery of cutting-edge technologies to U.S. intelligence and defense agencies that keep our nation safe. IQT was established in 1999 with a distinct mission: to identify and partner with startup companies developing innovative technologies that protect and preserve our nations security. Visit www.iqt.org for more information.

About i-BLADES

A Silicon Valley start-up, i-BLADESs technology turns ordinary smartphones into extraordinary mobile solutions for public, private and command solutions. i-BLADES created the worlds first Smartcase, a next-generation mobile phone case with award winning technology inside. Its a snap-on/snap-off universal modular expansion platform combining Smartcases with Blades providing more battery, more memory, more radios, more sensors, better audio, and many more. CEO and founder Jorge Fernandes is a serial Silicon Valley entrepreneur whose many innovations include the global standard behind contactless payments such as Apple Pay. www.i-blades.com.

Carol Felton
VP of Communications
i-BLADES, Inc.
[email protected]