Business & Finance
Tue, March 3, 2009Mon, March 2, 2009Sun, March 1, 2009Sat, February 28, 2009Fri, February 27, 2009Thu, February 26, 2009Wed, February 25, 2009Tue, February 24, 2009Mon, February 23, 2009Sun, February 22, 2009Fri, February 20, 2009Thu, February 19, 2009Guard Dog Nearly Doubles Customer Base with Acquisition of Rival Watch Dog ID
Published in Business and Finance on Wednesday, February 25th 2009 at 7:43 GMT, Last Modified on 2009-02-25 07:44:23 by Market Wire
RENO, Nev.--([ BUSINESS WIRE ])--Guard Dog, Inc. (Pink Sheets:GRDO) announced today that it has completed the acquisition of industry rival Watch Dog, ID, LLC. The acquisition had been delayed for months while awaiting legal and regulatory clearinghouse approvals.
"Guard Dog is beginning an aggressive rapid growth through acquisition campaign. The completion of this purchase has nearly doubled the size of our Guard Dog customer base for a fraction of the cost of traditional sales and marketing efforts," said James Watson, President and CEO of Guard Dog, Inc.
"We have simplified the procedures for clearing cumbersome complexities of regulatory and administrative formalities and streamlined the process for faster future acquisitions. We are currently nearing completion of negotiations on a second competitive acquisition," stated Watson.
"In this continually slowing economy, bigger is not just better, it's paramount. Value is intrinsic with large, liquid, high-quality companies that can absorb the ebbs and tides of consumer confidence, providing high-quality products that consumers not only want, but truly need," continued Watson.
While the terms of the agreement prevent disclosure of the purchase price, Watson reiterated that the transaction in no way diluted shareholder value.
About Guard Dog, Inc.
Guard Dog, Inc. is a Pink Sheet stock which trades under the symbol GRDO. To obtain additional information about Guard Dog, please visit the Company's website, which may be found at: [ www.guarddogid.com ].
This press release contains statements that are "forward-looking," and involve a number of risks and uncertainties. Statements that are not historical facts are considered forward-looking statements, and are subject to Safe Harbor provisions as defined in the United States Private Securities Litigation Reform Act of 1995. Company results and performance may be materially different from future results, strategies, plans or goals expressed or implied by any forward looking statements made herein. The Company disclaims any obligation to update or revise any forward-looking statements.
