COM-GUARD ANNOUNCES STRATEGIC DEAL WITH WINTERGREEN FOR NEW SECURE PC
Com-Guard, Inc. Executes a Letter Agreement With Wintergreen Systems With the Intention of Completing a Business TransactionCARLSBAD, Calif.--(BUSINESS WIRE)--March 8, 2004--Com-Guard, Inc. (OTCBB: CGUD) a provider of security systems and products for the PC computer industry, today announced it has signed a Letter Agreement and has entered into preliminary discussions concerning a potential business transaction (the "Transaction") between Com-Guard, Inc. ("Com-Guard") and Market Development Specialists, Inc. DBA Wintergreen Systems ("Wintergreen"). This Letter Agreement will allow both parties to exchange confidential information with the intended purpose of completing a Business Transaction. The Transaction may be a stock sale, asset sale, merger, joint venture, or any other affiliation or agreement between Com-Guard and Wintergreen, or the subsidiaries and affiliates of either company.


Com-Guard recently received a purchase order from Wintergreen for 5,000 Com-Guard Pro(TM) hardware and software products to build the "Com-Guard XP2400 SecurePC(TM)." This new computer will be the first product to have pre-installed an anti-theft device and special software to protect the user's hardware and software assets. The "Com-Guard XP2400 SecurePC" will be a new solution to protect the PC from both hardware and data theft.

Wintergreen Systems, headquartered in Elkhart, Indiana manufactures and distributes computer related products. Wintergreen's revenues for the previous fiscal year were approximately $60,000,000 in gross sales evenly split between manufactured and distributed product sales.

Com-Guard has entered into this letter agreement to further cement its strategy for secure computing and provide a delivery vehicle for its patented Com-Guard Pro hardware product and related security software. Also, as previously announced, the Company has secured distribution and technology rights for an "access control product" that can be sold into the security marketplace under the SecurePC(TM) trademark.

"One of the strengths of Com-Guard is to develop, evaluate and acquire new technologies," stated Dr. Edward W. Savarese, "and it is our intent to have Wintergreen manufacture, integrate and sell these technologies into their sales channels."

"Wintergreen is a privately held company and a relationship with Com-Guard will give us access to their unique patented anti-theft hardware and multi-faceted security software," stated Mr. John Levy, President of Wintergreen, "and open new channels into the capital markets to help us increase sales and continue to grow."

"This is an important step in our strategy to further develop our security products for the marketplace," stated Mr. Joseph Sigismonti, President and COO of Com-Guard. "We are looking forward to working with Wintergreen and to make a contribution in the PC Security marketplace and to put together a business structure that will benefit both companies."