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Com-Guard, Inc. Announces Its Software Strategy for the Apple(R) iPhone(R), iPad(TM) and Android(TM) Mobile Platforms


News provided by

Com-Guard.com, Inc.

Jun 22, 2010, 08:30 ET

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ENCINITAS, Calif., June 22 /PRNewswire-FirstCall/ -- Com-Guard.com, Inc. (Pink Sheets: CGUD), the technology company that has been designing and developing security applications for over ten years has announced that it will be reorganizing and focusing on applications for the Apple® and Android™ mobile platforms.

"We are excited to be at the forefront of the development of secure mobile software that will aid in the collection, analyzing and presentation of data. Com-Guard, Inc. has been developing software in the security and data protection markets for over ten years and we look forward to taking that expertise into the mobile platform market. The company has recently received the software developer's license from Apple and is reviewing the software tools for the Android platform. Apple is now selling 350 Apps per second. That means they are selling 30,612,244 apps per day, 1,275,510 per hour, and 121,043 per minute, 350 every second," said Dr. Edward W. Savarese, CEO of Com-Guard, Inc.

Com-Guard, Inc. will be focusing on three different markets segments using its software development expertise.

  1. Security Applications – Using its award winning, ComputerSafe® software the Company will have applications for encrypting files on the Apple, Android and Windows® netbook platforms.
  2. Tracker Applications – The Company has licensed software for Loyalty programs for tracking member activities and payments and has launched its first application on the Apple App store called "Missed Call Tracker".
  3. Utilities and games – The Company will be releasing games and utilities on the Mobile Platforms to use its technical resources and to complete its revenue stream.

"The latest report from market research firm Gartner suggests that mobile apps are big business, and that business should only grow in the next few years. As smartphones grow in popularity and application stores become the focus for several players in the value chain, more consumers will experiment with application downloads," Stephanie Baghdassarian, research director at Gartner, said in a statement. "Games remain the number one application, and mobile shopping, social networking, utilities and productivity tools continue to grow and attract increasing amounts of money. Gartner's predictions for 2010 are 4.5 billion apps sold, for a total of $6.8 billion in revenue. Predictions for 2013, just a few years away, are even bigger—21.6 billion apps sold for a total of $29.5 billion revenue." Gartner Group.

The App Store model has become the standard for all the smartphone platforms, with RIM, Microsoft, Palm, and Google each building a similar way for developers to make apps available, and for users to find them and pay for them. Developers will have to understand which platform's App store is best to promote their App.

About Com-Guard.com, Inc. (Pink Sheets: CGUD.pk), (www.com-guard.com) Com-Guard, Inc. has been accepted as a developer for the fastest growing mobile platforms, Apple iPhone™, iPad™ and Android™. The Company will port its award winning software, ComputerSafe® to create security applications in the mobile and netbook markets. In addition it has entered the market for tracking items and events through the use of GPS, public databases and transactions. Its first "Tracker Product", Missed Call Tracker™ is currently selling in the Apple APPS store. The company has been a player in the security software market for over ten years.

This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Forward-looking statements can be identified by words such as "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects" and similar references to future periods. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. We caution you therefore against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. Expression of future goals and similar expressions reflecting something other than historical fact involve risks and uncertainties. The actual results the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These risks and uncertainties may cause actual outcomes and results to differ materially from expectations in this press release. These and other risks are detailed in Com-Guard's Disclosure and Information Statement at www.pinksheets.com and its previously filed quarterly reports on Form 10-QSB and its annual report on Form 10-KSB. Any forward-looking statement made in this press release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise.

(C) 2010 Com-Guard.com, Inc. All rights reserved. Com-Guard.com, Inc. and the CGUD™ logo are either registered trademarks or trademarks of Com-Guard.com, Inc. in the United States and/or other countries. All other trademarks are the property of their respective owners.

SOURCE Com-Guard.com, Inc.

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