Press release
CybeRelease: Worldwide Security Acquisitions, LLC. (WSA) Announces Funding of Proguard Acquisitions (PGRD) Purchase
WSA Releases Funds to Proguard Acquisitions to Complete Buyout of Controlling Interest(CybeRelease, January 31, 2007) - Lake Harmony, PA - Worldwide Security Acquisitions, LLC of Orlando, Florida today confirmed the 8-K issued by Proguard Acquisitions (OTC BB: PGRD) that WSA ordered the release of escrow funds to PGRD in the amount of $300,000 previously deposited for the buyout. Additionally, WSA submitted $1,700,000 additional funds to meet the total $2,000,000 required under the option.
PGRD and WSA now will move forward to have the consolidated audits and necessary change of control documents submitted to the appropriate agencies.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or
changes in the company's expectations.
For further information contact:
Worldwide Security Acquisitions, LLC.
http://wwww.wsasecurity.com
CybeRelease Gainers are C.H. Robinson Worldwide, Inc. (Nasdaq: CHRW), Hologic, Inc. (Nasdaq: HOLX), U.S. Concrete, Inc. (Nasdaq: RMIX), Kyphon Inc. (Nasdaq: KYPH), Logitech International S.A. (Nasdaq: LOGI), Panera Bread Company (Nasdaq: PNRA), Exide Technologies (Nasdaq: EXFO) and Omnicell, Inc. (Nasdaq: OMCL).
CybeRelease Decliners are Sepracor Inc. (Nasdaq: SEPR), Silicon Laboratories, Inc. (Nasdaq: SLAB), Electronics for Imaging, Inc. (Nasdaq: EFII), Tekelec (Nasdaq: TKLC), Neoware, Inc. (Nasdaq: NWRE), NETGEAR, Inc. (Nasdaq: NTGR), Saifun Semiconductors Ltd. (Nasdaq: SFUN) and The Providence Service Corporation (Nasdaq: PRSC).
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid CybeRelease $995.00 for the publication of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.
Contact:
C. P. Barry
Company: CybeRelease
Phone: 1.888.478.7669
Source: CybeRelease.com
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