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CyberDefender New Customer Acquisitions Increase by Over 800% and Monthly Gross Revenues Increase by Over 1,100% From Month of January Compared to June 2008
Internet Security Software Developer Highlights Strong Customer Growth
| Source: CyberDefender Corp.
LOS ANGELES, CA--(Marketwire - August 26, 2008) - Security software developer CyberDefender
Corporation (OTCBB : CYDE ) announced today that it posted an approximate
800% increase in new customer acquisitions for the month of June 2008 as
compared to January 2008 as sales increased from approximately 900 new
customers in January 2008 to approximately 7,250 new customers in June
2008. In addition CyberDefender monthly gross revenues have increased by
over 1,100% during the same period. This trend is attributed to
CyberDefender's new security software products, such as CyberDefender Early
Detection Center™ and CyberDefenderCOMPLETE/ULTIMATE™, and increased
marketing initiatives.
Equally exciting was the fact that the average per sale transaction
increased by approximately $15, from $39.17 in January 2008 to $54.30 in
June 2008. CyberDefender attributes this positive trend to improved
advertising optimization and its new product offerings.
"We believe that the results of the company's operations for the first six
months of the 2008 fiscal year indicate that we are successfully
transitioning our business from providing a single anti-spyware product to
providing an entire suite of secure content management products along with
technical support," commented Gary Guseinov, CEO of CyberDefender. "With
the expansion of our products and services and the launch of previously
announced joint ventures yet to come on line, we anticipate future revenue
growth and eventual profitability."
CyberDefender Corporation is a California-based company with a mission to
bring advanced solutions to the internet security market, combating and
preventing online information theft, unwanted advertisements, spam,
Internet viruses, spyware and other similar security threats. The
CyberDefender Collaborative Internet Security Network detects and updates
all users within hours when a new virus, spyware, phishing or spam attack
is detected.
CyberDefender Corporation (OTCBB : CYDE ) (www.CyberDefender.com)
CyberDefender Corporation believes that its Internet security technology
offers the earliest possible detection and most aggressive defense against
Internet security attacks. CyberDefender believes that it is the only
Internet security software company to combat spyware, viruses, phishing and
dangerous spam by using a secure client-to-client distributed network,
enabling protection that the company believes is unparalleled in speed and
flexibility. Products employing the early detection technology include
CyberDefender's safeSEARCH™ Toolbar, MyIdentityDefender™ Toolbar,
CyberDefenderFREE™ 2.0, CyberDefender Early Detection Center™ 2.0,
and CyberDefender Early Detection Center FamilyPak Edition. All of these
products are fully compatible with Microsoft's Vista Operating system and
available at www.cyberdefender.com.
Forward Looking Statements
Statements in this press release that are not statements of historical or
current fact, such as the Company's expectation of future revenue growth
and profitability, constitute "forward-looking statements." Such
forward-looking statements involve known and unknown risks, uncertainties
and other unknown factors that could cause the Company's actual results to
be materially different from the historical results or from any future
results expressed or implied by such forward-looking statements. Factors
that could cause the Company's results to be materially different from the
forward-looking statements include whether the Company will be able to find
financing when and as it needs it and whether the Company's revenues will
eventually exceed its expenses. The forward-looking statements contained
herein are also subject generally to other risks and uncertainties that are
described from time to time in the Company's reports and registration
statements filed with the Securities and Exchange Commission, which are
available for review at www.sec.gov.