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(TM) 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), (http://www.com-guard.com/) Com-Guard, Inc. has been accepted as a developer for the fastest growing mobile platforms, Apple iPhone(TM), iPad(TM) and Android(TM). 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(TM) 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 http://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(TM) 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.
Com-Guard.com, Inc.
CONTACT: investor relations, Equiti-trend Advisors, Inc.,
1-800-953-3350, for Com-Guard.com, Inc.; or Dr. Edward W. Savarese, CEO of
Com-Guard.com, Inc., +1-858-381-7800, ews@com-guard.com
Web Site: http://www.com-guard.com/
