Com Guard Inc (CGUD)

[GOLDMAN007]

Com-Guard Inc. Signs First Reseller Contract; Projects $1.5 Million in Sales Over 12 Months
Sep 28, 2009 8:00:00 AM




ENCINITAS, Calif., Sept. 28 /PRNewswire-FirstCall/ -- Com-Guard Inc. (Pink Sheets: CGUD) signed a nationally recognized management company to re-sell its Transactional Cash Engine Software. Com-Guard Inc. forecasts that further such agreements could generate $1.5 million in revenues over the next 12 months.



Procuro Inc. provides operational monitoring and management solutions to clients such as Arby's, Bob Evans, Burger King, Hardees and McDonald's Europe. Under this first contract, Procuro Inc. has agreed to market the Transactional Cash Engine Software to clients to build customer loyalty programs.



Stuart Graham, Com-Guard's Strategic Sales and Marketing advisor, said there are unlimited potential resellers for the software program. "A target of $150,000 on average per reseller is realistic. In the loyalty card segment alone we believe signing 15 to 25 resellers is achievable in this fiscal year," Graham said.



The Transactional Cash Engine Software allows retailers to keep track of marketing trends on one database. Com-Guard's CEO, Edward W. Savarese, said most retailers using customer discount cards, including supermarket chains, do not capture the purchase history of the customer to build loyalty and marketing programs.



"The Transactional Cash Engine Software allows retailers to reduce finance charges by putting money onto the card for purchases," Savarese said. "The software also compiles detailed and invaluable customer information."



Procuro Inc. has access to dozens of merchant clients and has been a leader in providing a streamlined operational database. The deal with Com-Guard Inc. gives Procuro the advantage of offering another software solution to its clients.



"Procuro has the opportunity to sell these solutions to its customers. The retailer will save transaction fees and the consumer will be rewarded with savings and gifts as decided by the merchant. Com-Guard Inc. will generate revenue by charging a small percentage per transaction," Savarese said.



Com-Guard Inc. has commenced a Sales and Marketing program to target four growth opportunities. Other market opportunities are being identified.



Loyalty Card Programs - Retailers are finding it more costly to accept Credit Card payments and develop customer loyalty. The "Transactional Cash Engine Software" technology will allow Merchants to combine their loyalty programs with a combined payment technology. The retailer will save transaction fees and the consumer will be rewarded with savings and gifts as decided by the merchant.



Online Payments - Consumers are increasingly using the Internet to pay for transactions. And they are concerned about Internet fraud and the theft of credit card details. Merchants are searching for ways to transact sales in a secure manner with the least expense.



Pay Day Advance and Money Transfers - The "Transactional Cash Engine Software" is especially suited to allow merchants to secure their pay day advances and to securely transfer money over the internet.



Specialty Payment Programs - Schools, Travel Companies, Restaurants etc. are looking for ways to have their goods and services paid for without incurring Credit Cards fees. The "Transactional Cash Engine Software" will allow the Company to personalize these payment programs at a reduced rate.



About Com-Guard Inc.:

Com-Guard Inc. (www.com-guard.com) has developed and marketed a line of software and hardware products for the computer industry that provided enhanced system security for both individual users and network administrators.



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. 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.







SOURCE Com-Guard Inc.


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Dr. Edward W. Savarese
CEO of Com-Guard Inc.
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