I agree 100% goldman.. Lightstorm USA Pty, Ltd. has developed the technology to enable merchants to run rewards programs, payment systems, check cashing systems, pay day loans systems and several other related applications. Lightstorm USA Pty, Ltd. and Com-Guard, Inc. have had a long history of licensing technologies and using its industry knowledge and contacts to implement and repackage those technologies to meet major corporate needs. Com-Guard, Inc. will be able to offer its customers a reduced rate from the current fees charged by major Credit Card companies. The Company expects to immediately commence marketing and sales of its licensed, "Transactional Cash Engine Software."
The Company will commence a sales and marketing program to target four growth opportunities.
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.
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