COM-GUARD FINANCING TO FUEL EXPANSION OF PRODUCT LINE INCLUDING SECUREPC Com-Guard Inc. Announces $1,100,000 from Its Private Placement OfferingTuesday May 18, 6:30 am ET


CARLSBAD, Calif.--(BUSINESS WIRE)--May 18, 2004--Com-Guard Inc. (OTCBB:CGUD - News), the technology company that offers integrated solutions for several computer security markets, announced today receipt of $1,100,000 from its Private Placement Offering.
Dr. Edward W. Savarese, CEO and founder, said, "We are pleased to announce that we have received funds to help propel our growth in the SecurePC marketplace. We intend to use some of the proceeds from the Offering for sales and marketing purposes. We have recently received purchase orders for our SecurePC related products and we will use these funds to purchase inventory and add infrastructure as required to manage our growth."

"In addition, these funds will allow us to help execute our strategy of purchasing PC related products and supplying Com-Guard software on many different platforms," said Joseph Sigismonti, president and COO of Com-Guard Inc.

About Com-Guard Inc.

Com-Guard.com Inc. (www.com-guard.com) develops and markets a line of software and hardware products for the computer industry that provide enhanced system security for both individual users and network administrators. The company focus is on detection, protection, and notification of various security threats. The company's state-of-the-art software technology, Com-Guard(TM), locks, hides and encrypts files (including e-mail). The company's patented product, Com-Guard Pro(TM), enables users to protect and limit access to sensitive data while providing a physical security system to guard against tampering, theft of the computer, or unexpected intrusions into the environment by supporting external sensors. Security violations are immediately communicated to designated people or locations via wireless (including SMS), phone or email transmission.
This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Expression of future goals and similar expressions reflecting something other than historical fact involve risks and uncertainties. The actual results the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These risks and uncertainties may cause actual outcomes and results to differ materially from expectations in this press release. These and other risks are detailed in Com-Guard's quarterly reports on Form 10-QSB's and annual report on Form 10-KSB.



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Contact:
Com-Guard Inc., Carlsbad
Dr. Edward W. Savarese, 760-431-2206
ews@com-guard.com
or
Joseph P. Sigismonti, jsig@com-guard.com