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Guard Dog Inc. Initiates Buyout Efforts of Top Market Brand

^{Published on 2010-09-15 11:10:39 - Market Wire}
 

WINTER PARK, Fla.--([ BUSINESS WIRE ])--Guard Dog Inc. (Pink Sheets:GRDO) announced discussions with a top identity theft solution provider to purchase their customers and technology.

"We have made some very bold moves over the past 6 months that include a complete product overhaul while adding to our company infrastructure"

As identity theft continues to command attention of consumers and corporations, the market need for solutions has also expanded. Guard Dog has made incredible strides over the past year to be included in the top tier of this industry. Recent marketing endeavors and product adjustments confirm those efforts. There are only a small number of top providers that continue to surface and fill a growing demand. These are the companies that stand out with exclusive technology features and a strong membership base.

aWe have made some very bold moves over the past 6 months that include a complete product overhaul while adding to our company infrastructure,a says CEO James Watson. aThe momentum is with us and the timing is right to make another strategic play to push Guard Dog ID to the forefront of the market place. Acquiring this leading brand can increase our membership base by tens of thousands, increasing our revenue while strengthening our market position and expanding our product features.a added Watson.

This is the first of multiple brands that Guard Dog is interested in acquiring over the next 12 months. The timing of any acquisition is difficult to predict, however Guard Dog is currently in ongoing discussions with a target date to complete this acquisition before January 2011. An announcement will be made once the acquisition has taken place.

About Guard Dog ID

Guard Dog ID provides identity theft solutions for individuals, groups and corporations to help educate consumers, offers guidelines and tips for safeguarding personal information, and cutting edge technology to promptly and effectively remedy identity breaches.

About Guard Dog Inc.

Guard Dog Inc. is a publicly traded company which trades under the ticker symbol [ GRDO.PK ]. All current and potential shareholders are further encouraged to visit our Investor Relations page [ www.guarddogid.com/ir/ ] for more details regarding the Company and features in this announcement.

This press release contains statements that are aforward-looking,a 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.