ID Watchdog Announces Board Changes

^{Published on 2012-01-16 18:00:57 - Market Wire}
 

ID Watchdog Announces Board Changes -- DENVER, Jan. 16, 2012 /PRNewswire/ --

DENVER, Jan. 16, 2012 /PRNewswire/ -- ID Watchdog, Inc. (TSXV:IDW) (OTC:IDWAF)  ("ID Watchdog" or the "Company"), provider of consumer-facing identity theft protection and resolution services, is pleased to announce that today it appointed Mr. James Demitrieus to its Board of Directors. Mr. Demitrieus was appointed by the Board to fill the vacancy created by the resignation of Mr. Arthur Cohen as a director of the Company on January 12, 2012.

Michael Greene, Chief Executive Officer and Chairman of the Board of Directors, thanked Mr. Cohen for his contributions to the Board during the past year and expressed the excitement of the Board in appointing Mr. Demitrieus, saying, "We are pleased to have Mr. Demitrieus, an accomplished CEO with a track record of over 30 years of successfully guiding companies, as a member of our Board of Directors.  We expect he will play a key role in helping us shape ID Watchdog's future growth." 

About James Demitrieus:
Over the past decade, Jim Demitrieus has served as CEO in several private equity turnarounds and early stage situations in technology and industrial sectors.  He was formerly with IXnet and Frontier Communications, SK America and Ecoban Finance, and Drexel Bernham Lambert. Jim currently serves as CEO of EyeLock Incorporated, an advanced iris-based identity management technology solutions company focused on next-generation systems for global access control. 

About ID Watchdog, Inc.
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. 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 Statements

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.
Jay B. Lewis, CFO
303-339-8017
[ jlewis@idwatchdog.com ]
[ InvestorRelations@idwatchdog.com ]
[ www.idwatchdog.com ]

SOURCE ID Watchdog, Inc.

RELATED LINKS
[ http://www.idwatchdog.com ]