press release
Aug 27, 2009, 9:55 a.m. EST
Cyber Defense Systems Files for Name Change, New Stock Symbol and Names New President
Cyber Defense Systems Changes Name to SPOOFEM.COM and Gears Up to Focus On International Homeland Defense
ATLANTA, Aug 27, 2009 (GlobeNewswire via COMTEX) -- Cyber Defense Systems (Pink Sheets:CYDM) recently filed documentation with the state of Oklahoma and NASDAQ to request a name change to SPOOFEM.COM and to secure a new stock symbol. Previously an operating subsidiary of LIGATT Security International, SPOOFEM.COM will operate as its own publicly traded company. The Board of Directors has appointed Lakesha Wilson as President and CEO of SPOOFEM.COM.
Gregory Evans, CEO of LIGATT Security International, announced that Lakesha Wilson will step down from her position as President and COO of LIGATT Security International. However, Wilson will still remain on the Board of Directors for LIGATT Security International.
SPOOFEM.COM's core service is caller ID spoofing, which allows users to call any number and have any 10 digit telephone number show up in the recipient's caller ID. SPOOFEM.COM began as a premier caller ID spoofing service, but has now expanded with a successful spy shop and popular entertainment blog. It also includes features like voice disguising, call recording, and text messaging from a different number. Since 2007, over 2 million calls have been made using the SPOOFEM.COM service. Although it's most frequently used for caller ID spoofing, FBI and law enforcement officials across the nation utilize SPOOFEM.COM services to aid in the search for fugitives and criminals. SPOOFEM.COM is also used by women in shelters nationwide who are often plagued by the fear of being located by an outside boyfriend or mate.
As President of SPOOFEM.COM, Wilson is responsible for the development of strategic business units, global sales initiatives and the overall growth of the company. Wilson will give a brief overview of SPOOFEM.COM's future plans on her video blog, which will be available on Friday, August 28, 2009 on the investor relations page found at www.spoofem.com. Wilson's first project is to develop SPOOFEM applications for iPhones and BlackBerrys.
SPOOFEM.COM and LIGATT Security will now split 50% of profits made with William Robinson, prior CEO of Cyber Defense Systems, who will still operate Cyber Aerospace, which currently has proposals with government agencies as well as with the military. While dividing profits, SPOOFEM.COM and LIGATT Security will not share any debt of Cyber Aerospace.
For additional information on SPOOFEM.COM visit www.spoofem.com.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Cyber Defense Systems, Inc.
CONTACT: LIGATT Security International
Ebony Simpson
Laura McGarey
866-354-4288 ext. 5
Fax: 866-420-4503
pr@ligatt.com
www.ligattsecurity.com
(C) Copyright 2009 GlobeNewswire, Inc. All rights reserved.
