Encinitas, California, Nov. 16, 2017 (GLOBE NEWSWIRE) -- COM-GUARD, INC. UPDATES ITS SOFTWARE AND HARDWARE STRATEGY FOR THE INTERNET OF THINGS (IOT) USING A NEWLY ANNOUNCED GSM HARDWARE AND SOFTWARE PLATFORM
Encinitas, California——Com-Guard.com, Inc. (CGUD.pk), the technology company that has been designing and developing security applications for over 15 years has announced that it has signed up for the developer tools that are provided by Twilio, Inc.(TWLO).
Com Guard, Inc. previously announced its security software for the iPhone. The flagship product, DataCrypt™, has been available on the iTunes store and the recent issues related to data protection make the product much more relevant in the market today. The Company had also developed ComputerSafe® and believes that new features and additions to the product would be in the area of data protection and reporting that can utilize the Communications Platform developed by Twilio, Inc.
"We are looking into the development platform from Twilio, Inc. to develop a suite of products that will detect and report events. There are a number of hardware platforms available but Twilio, Inc. has shown that its software has been successfully used by major companies such as Uber, Inc., Nordstrom and Airbnb amongst others and now their announcement of their wireless communication strategy (SIM) has definite implications for the IoT marketplace which ComGuard.com, Inc. anticipates to capitalize on. The Company anticipates using the Software as a Service (SaaS) model for generating revenues. The company has developed products in the mobile and in the PC market and also has a software developer's license from Apple and the software tools for the Android platform”, said Dr. Edward W. Savarese, CEO of ComGuard.com, Inc.
Com-Guard, Inc. will be focusing on the IoT market segment using its software and hardware development expertise. As previously announced the Company intends to focus on the three market segments of Security Applications, Tracker Applications and Secure Printing.
In an article on “Open Standards Needed For IoT” by Sasa Marinkovic and she has said that “ the Internet of Things will shift the focus from technology to ideas, if we get integration right. The Internet of Things describes a vast array of Internet-connected devices, appliances, sensors, and objects, and their virtual representations — “things” that are managed, inventoried, and monitored wirelessly. ABI Research estimates there will be more than 30 billion wirelessly connected devices by the end of the decade. By 2020 — a mere six years from now — Gartner Group predicts the aggregated value and economic benefit of IoT will exceed $19 trillion.”
We are focusing on using the tools and platforms that are available to implement solutions for the Internet of Things (IoT), said Dr. Edward W. Savarese, Chief Executive Officer of ComGuard.com, Inc. Also in an article from the McKinsey Global Institute June 2015 which discussed the “THE INTERNET OF THINGS: MAPPING THE VALUE BEYOND THE HYPE” there was a focus on three market segments, Offices, Security and Energy which are predicted to be $70B−150B. The Internet of Things has the potential to fundamentally shift the way we interact with our surroundings. The ability to monitor and manage objects in the physical world electronically makes it possible to bring data-driven decision making to new realms of human activity—to optimize the performance of systems and processes, save time for people and businesses, and improve quality of life.
About Com-Guard.com, Inc. (Pink Sheets: CGUD.pk), (www.com-guard.com) Com-Guard, Inc. has been accepted as a developer for the fastest growing mobile platforms, Apple iPhone™, iPad™ and Android™. The Company intends to port its award winning software, ComputerSafe® to create security applications in the mobile and netbook markets. In addition it has entered the market for tracking items and events through the use of GPS, public databases and transactions.
The Company’s current products are Missed Call Tracker™ and DataCrypt ™ currently selling in the Apple App store. The company has been a player in the security software market for over 15 years.
This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Forward-looking statements can be identified by words such as "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects" and similar references to future periods. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. We caution you therefore against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. 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. Any forward-looking statement made in this press release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise.
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Corporate Information: Dr. Edward W. Savarese, CEO ews@com-guard.com
