Investor backs away from Internet Security Company

PR Log (Press Release) – Aug 09, 2008 – Roger Sands has suddenly and unexpectedly pulled his investment out of SecureIDGuard. Insiders cite rumors of recent investigations into Mr. Sands’ personal finances as a motivating factor behind the move, although no official statement have been made. ‘I regret the necessity of this action,’ said Mr. Sands, ‘but I believe strongly in the SecureIDGuard brand and product, and have no doubt that they will find new investors shortly. SecureIDGuard is a strong asset in any port’

Rumors of staff cuts have not been confirmed. When asked for comment, Vernon Smith, CEO of SecureIDGuard stated that ‘while we regret losing Mr. Sands, we have resumed conversations with many top investment firms, and foresee no disruption in our services.’ Details of these negotiations have not been made public.

SecureIDGuard was officially launched on July 28, 2008, and is widely seen by experts as a strong newcomer to the field of internet security. In addition to traditional methods of preventing identity theft such as credit screening, internet surveillance, and enhancing privacy controls, SecureIDGuard offers Desidtech technology, developed by Ethan Dobb. Mr. Dobb is seen by many as the strongest asset of SecureIDGuard, and has been widely recognized as the most creative and tireless developers of security software in the world. He declined to comment on the recent events at his company.