DENVER, CO -- (Marketwire) -- 06/19/12 -- ID Watchdog Inc. (TSX VENTURE: IDW) (PINKSHEETS: IDWAF), provider of identity monitoring and preservation tools, today announced the release of credit monitoring services as part of the new version of LastPass, the leading password and data manager.
Without impacting their credit scores, the free credit monitoring alerts will notify registered LastPass users of critical changes to their credit report, allowing them to proactively protect against identity theft or fraud. For $9.95 a month, users may upgrade to a Premium credit monitoring service, with access to all three of their credit scores and more detailed information on changes to their credit reports. Premium credit monitoring also provides 100% identity theft resolution guarantee in the event a user's identity is stolen.
"LastPass not only helps you manage your passwords and fill out forms, it guards your data against identity theft by ensuring only you have access to your sensitive data," said Joe Siegrist, CEO of LastPass. "This partnership with ID Watchdog allows us to help users more proactively protect their identity and personal data, and allows us to monitor for any abuse of this data in the cloud."
"Maintaining control of your personal information is a critical step in securing your identity. But with your data persistent in numerous locations throughout the world from doctor's office to online shopping sites, consumers need to monitor their data to make sure it is not being used by fraudsters," said Michael Greene, CEO, ID Watchdog. "By partnering with LastPass, we are excited to be able to offer free credit monitoring to more than two million of their customers in the United States."
LastPass (www.LastPass.com) is the leading password and data management service, providing online users worldwide an easy, fast, and secure way to manage access to their digital life. It's free to install on all browsers and computers, with Premium and Enterprise upgrades available for access to additional features. LastPass is a DC metro-area company founded in April 2008.
About ID Watchdog
ID Watchdog and its partners provide consumers with identity monitoring and preservation tools that provide the only real protection against identity theft: active knowledge about your online identity. Using these tools, consumers watch their credit reports and receive warnings about significant changes as first alerts to possible identity theft. ID Watchdog and its partners empower consumers to play a role in defending their online identity by remaining vigilant about changes to and inaccuracies in their credit reports and resolving any issues that do arise with the help of personal information agents.
ID Watchdog (TSX VENTURE: IDW) (PINKSHEETS: IDWAF) was founded in 2005 and is headquartered in Denver, Colorado. 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.
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.
ID Watchdog, Inc.
Jay B. Lewis
Chief Financial Officer
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