ENCINITAS, Calif., July 7 /PRNewswire-FirstCall/ -- Com-Guard.com,
Inc. (Pink Sheets: CGUD), the technology company that has been
designing and developing software applications for over ten years
has announced that it has signed a License Agreement with
eGLsystem, Ltd.(eGLX). eGLX has been a leading developer of
Computer Software games over the past several years. Com-Guard,
Inc. will focus on porting the licensed games applications to the
Apple® and Android™ mobile platforms.
"We are excited to be working with eGLX because they have a long
history in developing very good technical software and have had a
special focus in games. We are looking forward to releasing more
games on a timely basis to enhance our product area of games and
utilities." said Dr. Edward W.
Savarese, CEO of Com-Guard, Inc.
Com-Guard, Inc. had previously announced that it would be using
its software development expertise and focusing on one of its
market segments in the utility and games market on the most popular
Mobile Platforms to use its technical resources and to complete its
revenue stream.
The first licensed game has been submitted to the App Store and
has been accepted for sale. The game is a Soccer Goalie skill game,
"The Cup 2010 Goalie Shootout" that has been released to coincide
with the current World Cup excitement and the ongoing worldwide
enthusiasm for Soccer. The App can now be purchased for
$.99 from the Apple iTunes App
Store.
"I have known Dr. Savarese for a number of years and we look
forward to working with Com-Guard, Inc. to bring our technology and
games to the mobile market," said Mr. L.
Liang, President of eGLX.
Stephanie Baghdassarian, research
director at Gartner Group, stated that, "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."
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 App store. The
company has been developing software 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.
