DENVER - April 19, 2011 - ID Watchdog Inc. (“ID Watchdog” or the “Company”) (TSX.V: IDW, OTC: IDWAF), provider of consumer-facing identity theft protection and resolution services, is pleased to announce that it has appointed Mr. Arthur Cohen and Mr. Rick Gates to the Board of Directors of ID Watchdog. In conjunction with this announcement, the Company also announces the resignation of Tim Christin from the Board.
“We are thrilled to have Mr. Cohen and Mr. Gates as members of our Board of Directors,” says Mike Greene, Chief Executive Officer and Chairman of the Board of Directors. “Mr. Cohen and Mr. Gates bring a wealth of knowledge, experience and skills to our Board.”
Mr. Greene continues: “On behalf of the Board and the Company, I thank Mr. Tim Christin for his service with the Company. We wish him the best.”
About Arthur Cohen:
Through a career spanning over 50 years, Mr. Cohen has left his mark on every aspect of the real estate industry as he has developed properties throughout the United States and overseas. As an innovator in the real estate field, Mr. Cohen developed and built with his partner, Aristotle Onassis, Olympic Tower on Fifth Avenue next to St. Patrick's Cathedral in New York City, which was the first mixed-use condominium built on a ground lease. Other nearby New York projects he developed includes The Peninsula Hotel on Fifth Avenue and 55th Street and The Michaelangelo Hotel on Seventh Avenue and 51st Street. Mr. Cohen was also a partner in the Worldwide Plaza complex on Eighth Avenue and 49th Street in New York City and was responsible for the vast residential and commercial project known as Aventura in North Miami, Florida.
In recent years, Mr. Cohen has continued to be involved in real estate development and investment projects (including ownership interests in construction and facilities management businesses). He has also applied his expertise and financial support, as well as the benefit of his numerous industry connections, to numerous entrepreneurial ventures in a variety of fields of endeavor.
Further information regarding Mr. Cohen is available at www.arthurgcohen.com.
About Rick Gates:
Mr. Gates has over 15 years of international political, finance and business development experience working for multinational firms. Currently, he is the managing partner of Pericles LP, a private equity fund, that focuses on technology, infrastructure, and real estate targets. Much of his work focuses on investment, business development and deal structures in Europe.
Mr. Gates has worked on several US presidential campaigns and has participated in many international political campaigns in Europe and Africa. Mr. Gates graduated with a M.A. in Public Policy from George Washington University and a B.A. in Government from The College of William & Mary. He also completed the Executive Management Programme in Brussels and London.
About ID Watchdog Inc.
(TSX.V: IDW, OTC: IDWAF) ID Watchdog was founded in 2005 and is headquartered in Denver, Colorado. The Company provides patent-pending, three-tiered comprehensive monitoring, detection and resolution for identity theft. ID Watchdog proactively detects identity theft problems at their source and provides immediate resolution services to ensure complete peace of mind for individuals. All of the Company's services 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 guidelines published by the Consumer Federation of America. For more information, please visit 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.
Company Contact:
ID Watchdog, Inc.
Justin Yurek, Director, Investor Relations
303-339-8011
www.idwatchdog.com