Com-Guard, Inc. Executes a Letter Agreement With Wintergreen Systems With the Intention of Completing a Business Transaction CARLSBAD, Calif., March 8 /PRNewswire-FirstCall/ -- Com-Guard, Inc. (BULLETIN BOARD: CGUD) a provider of security systems and products for the PC computer industry, today announced it has signed a Letter Agreement and has entered into preliminary discussions concerning a potential business transaction (the "Transaction") between Com-Guard, Inc. ("Com-Guard") and Market Development Specialists, Inc. DBA Wintergreen Systems ("Wintergreen"). This Letter Agreement will allow both parties to exchange confidential information with the intended purpose of completing a Business Transaction. The Transaction may be a stock sale, asset sale, merger, joint venture, or any other affiliation or agreement between Com-Guard and Wintergreen, or the subsidiaries and affiliates of either company. Com-Guard recently received a purchase order from Wintergreen for 5,000 Com-Guard Pro(TM) hardware and software products to build the "Com-Guard XP2400 SecurePC(TM)". This new computer will be the first product to have pre-installed an anti-theft device and special software to protect the user's hardware and software assets. The "Com-Guard XP2400 SecurePC" will be a new solution to protect the PC from both hardware and data theft. Wintergreen Systems, headquartered in Elkhart, Indiana manufactures and distributes computer related products. Wintergreen revenues for the previous fiscal year were approximately $60,000,000 in gross sales evenly split between manufactured and distributed product sales. Com-Guard has entered into this letter agreement to further cement its strategy for secure computing and provide a delivery vehicle for its patented Com-Guard Pro hardware product and related security software. Also, as previously announced, the Company has secured distribution and technology rights for an "access control product" that can be sold into the security marketplace under the SecurePC(TM) trademark. "One of the strengths of Com-Guard is to develop, evaluate and acquire new technologies, stated Dr. Edward W. Savarese, "and it is our intent to have Wintergreen manufacture, integrate and sell these technologies into their sales channels." "Wintergreen is a privately held company and a relationship with Com-Guard will give us access to their unique patented anti-theft hardware and multi-faceted security software, stated Mr. John Levy, President of Wintergreen, "and open new channels into the capital markets to help us increase sales and continue to grow." "This is an important step in our strategy to further develop our security products for the marketplace, stated Mr. Joseph Sigismonti, President and COO of Com-Guard. "We are looking forward to working with Wintergreen and to make a contribution in the PC Security marketplace and to put together a business structure that will benefit both companies". About Com-Guard, Inc. Com-Guard, Inc. develops and markets a line of software and hardware products for the computer industry that provide enhanced system security for both individual users and network administrators. The Company focus is on detection, protection, and notification of various security threats. The Company provides a group of products, based on its state-of-the-art software technology, Com-Guard(TM), that provides PC users with an extensive set of security measures that address Internet security, file locking and encryption security (including e-mail), and internal facility security. The Company's patented product, Com-Guard Pro(TM), utilizing the Company's Sensor Card(TM), includes the Com-Guard unique software technology that enables users to protect and limit access to sensitive data while providing a physical security system to guard against tampering, theft of the computer, or unexpected intrusions into the environment. The Com-Guard system also provides environmental security by supporting external sensors. Security violations are immediately communicated to predetermined people or locations via a page, phone or email transmission. For more information about Com-Guard, please visit http://com-guard.com/. About Wintergreen Systems Headquartered in Elkhart, Indiana, Wintergreen Systems is a manufacturer and distributor of computer products. Wintergreen Systems makes and sells Intel and AMD based computers through a network of mass merchandising, indirect resellers and catalog resellers. For more information about Wintergreen Systems please visit http://www.wintergreensys.com/. This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. 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. Except for the historical information contained herein, this news release contains forward looking statements that are subject to risks and uncertainties, including the current economic and geopolitical environment, information technology spending trends, lack of Com-Guard's operating history, uncertainty of product acceptance, uncertainty of ability to compete effectively in a new market and the uncertainty of profitability and cash flow of Com-Guard's. These risks and uncertainties may cause actual outcomes and results to differ materiallyfrom expectations in this press release. These and other risks are detailed in Com-Guard's quarterly reports on Form 10-QSB's and annual report on Form 10-KSB. Com-Guard, Com-Guard Pro, SecurePC and Sensor Card are trademarks of Com-Guard, Inc 2003. All other trademarks referenced herein are the property of their respective owners. DATASOURCE: Com-Guard, Inc. CONTACT: Dr. Edward W. Savarese, CEO or Mr. Joseph Sigismonti, President, both of Com-Guard, Inc., +1-760-431-2206, fax, +1-760-431-7999, Web site: http://www.com-guard.com/ http://www.wintergreensys.com/

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