First and Only Identity
Theft Service on Stored Value Card Set to Launch in Retail Outlets Nationwide
as Early as April
Press Release Source: ID
Watchdog, Inc. On Tuesday February 9, 2010, 4:01 pm EST
DENVER--(BUSINESS WIRE)--ID
Watchdog, Inc. (TSX.V: IDW) (OTCQX: IDWAF), which provides acclaimed
consumer-facing identity theft protection and resolution services, announced
today that the initial reception and adoption of its idCHECK product among
retail stores has been greater than anticipated.
Distribution efforts have
been managed by InComm, who markets retail products across more than 150,000
partner locations worldwide. Made up of big box retailers and regional stores
alike, InComm’s existing relationships include Target, Best Buy, 7-Eleven
and many others.
“After kicking off
preliminary marketing of idCHECK at our conference in January, demand has been
very strong for the product among our retail partners,” said Brian
Parlotto, Senior Vice President of Consumer Products for InComm. “We
expect to have our first store go live in April with close to 10,000 more to
follow before the end of the year. Initial commitments have been made by
several retailers including huge players in convenience stores, grocery stores,
big box, and discounters.”
ID Watchdog’s new
retail product, idCHECK, utilizes ID Watchdog’s patent-pending technology
to immediately identify whether a consumer has a pre-existing identity theft
condition, and outlines recommended next steps based on the report. InComm will
work with retailers to offer ID Watchdog’s idCHECK product at an attractive
price point, with special offers to upgrade consumers to its flagship monthly
monitoring service.
“We are gratified to
have this early validation of the idCHECK concept,” said Daniel Mohan,
President and COO of ID Watchdog. “The demand for new approaches to identity
theft protection is strong and we are committed to maintaining our position as
the industry leader in innovation.”
About InComm
InComm is the industry
leading marketer, distributor and technology innovator of stored-value gift and
prepaid products using its state-of-the-art point-of-sale transaction
technology and payment solutions to revolutionize retail product sales and
customer experiences. With nearly $8 billion in retail sales transactions
processed in 2008, InComm is the nation’s largest provider of gift cards,
prepaid wireless products, reloadable debit cards, digital music downloads,
content, games, software and bill payment solutions. InComm partners with
consumer brand leaders around the world to provide more than 150,000 retail
locations the products and services their customers demand. Since 1992,
InComm's patented technologies have made the buying process easier for
consumers while streamlining the selling process for product and retail
partners. To learn more about InComm, visit www.incomm.com
or call 1.800.352.3084. InComm is headquartered in Atlanta, GA with offices in
Japan, Canada, the United Kingdom, Puerto Rico, Colorado, Texas, Florida, New
Jersey, Oregon, Arkansas, Alabama and Minnesota.
About ID Watchdog, Inc.
ID Watchdog Inc. (TSX.V:
IDW, OTCQX: IDWAF), provider of idCHECK and ID Watchdog Plus services, is the
only identity theft protection company that offers patent-pending, three-tiered
comprehensive monitoring, detection and resolution for identity theft. The
company proactively detects problems at their source and administers immediate
identity theft resolution services to ensure complete peace of mind for its
clients. ID Watchdog’s products have been developed with input from
industry experts; national consumer advocacy groups; federal, state, and local
law enforcement agencies; consumer protection agencies; and adhere to the
guidelines published by the Consumer Federation of America.
To try ID Watchdog’s
revolutionary new idCHECK product, which performs an instant identity check, go
to www.idwatchdog.com/idcheck
and use promo code “idcfree01_pr.”
For comprehensive investor
relations material, including fact sheets, research reports, interviews and
video, please follow the appropriate link: Investor
Community, Investor
Relations Portal, and Corporate
Overview Video
For additional information,
please visit ID Watchdog’s corporate website: www.IDwatchdog.com.
Forward-Looking Statement
This news release includes
certain "forward-looking statements" within the meaning of the United
States Private Securities Litigation Reform Act of 1995 which address future
events and conditions which are subject to various risks and uncertainties. The
actual results could differ materially from those anticipated in such
forward-looking statements as a result of numerous factors, some of which may
be beyond the Company's control. Although the Company believes that its
expectations reflected in these forward-looking statements are reasonable, no
assurance can be given that actual results will be consistent with these
forward-looking statements. Important factors that could cause actual results
to differ from these forward-looking statements are disclosed in the company's
filings with Canadian regulators at www.sedar.com.
ID Watchdog assumes no obligation to update the forward-looking statements of
management beliefs, opinions, projections, or other factors should they change.
Neither TSX Venture Exchange
nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contact:
Company
Contact:
ID Watchdog, Inc.
Justin Yurek, Senior Vice President
303-339-8011
InvestorRelations@idwatchdog.com
www.idwatchdog.com
or
Financial Communications Contact:
Trilogy Capital Partners
Darren Minton, Executive Vice President
Toll-free: 800-592-6067
info@trilogy-capital.com