Guard Dog Nearly Doubles Customer Base with Acquisition of Rival Watch Dog ID
February 25 2009 - 10:06AM
Business Wire
Guard Dog, Inc. (Pink Sheets:GRDO) announced today that it has
completed the acquisition of industry rival Watch Dog, ID, LLC. The
acquisition had been delayed for months while awaiting legal and
regulatory clearinghouse approvals.
�Guard Dog is beginning an aggressive rapid growth through
acquisition campaign. The completion of this purchase has nearly
doubled the size of our Guard Dog customer base for a fraction of
the cost of traditional sales and marketing efforts,� said James
Watson, President and CEO of Guard Dog, Inc.
�We have simplified the procedures for clearing cumbersome
complexities of regulatory and administrative formalities and
streamlined the process for faster future acquisitions. We are
currently nearing completion of negotiations on a second
competitive acquisition,� stated Watson.
�In this continually slowing economy, bigger is not just better,
it�s paramount. Value is intrinsic with large, liquid, high-quality
companies that can absorb the ebbs and tides of consumer
confidence, providing high-quality products that consumers not only
want, but truly need,� continued Watson.
While the terms of the agreement prevent disclosure of the
purchase price, Watson reiterated that the transaction in no way
diluted shareholder value.
About Guard Dog, Inc.
Guard Dog, Inc. is a Pink Sheet stock which trades under the
symbol GRDO. To obtain
additional information about Guard Dog, please visit the Company�s
website, which may be found at: www.guarddogid.com.
This press release contains statements that are
�forward-looking,� 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.