NEW YORK, Jan. 14, 2014 /PRNewswire/ -- S&P Capital IQ announced today that it has commenced Standard & Poor's Factual Stock Report coverage on Guardian 8 Holdings.
Guardian 8 Holdings (OTCQB: GRDH) is a provider of a new category of personal security devices, enhanced non-lethal (ENL) devices, that incorporate layered defensive measures to help security professionals and consumers protect themselves against personal attacks, while capturing critical images and audio recordings to defend against personal liability. Risk mitigation capabilities are further enhanced through the patented use of Bluetooth enabled emergency notification technology creating a command center communication link and incident recording capabilities. GRDH develops, manufactures and sells these personal security devices, designed to deliver layered defense for low-impact de-escalation and risk mitigation.
The company's product, with its layered defensive approach, seeks to address certain deficiencies in the security market, including under-equipped guards, emboldened subjects and memory-driven reporting. Guardian 8 believes that security guards lack the tools to effectively de-escalate many situations, resulting in reduced situational confidence, increased injuries and claims and exposure to litigation.
Guardian 8 is targeting various markets, including the professional security market; industries with safety concerns, such as manufacturing and refining facilities, healthcare services, real estate agents, education/campus safety and public administration; and certain international markets. The company recently launched product sales targeting the professional security market, and it plans to target the personal market with a consumer model which is expected to launch in 2015.
On November 21, 2013, Guardian announced the final closing on a $1,984,500 private placement of its securities. With the close of this offering, the company plans to begin the development of a consumer model product that is optimized for civilian use and consists of a combined non-lethal device, HD video camera, and emergency communication platform. The consumer product is expected to be smaller than the Pro V2, which was designed with aggressive styling tailored more toward the professional security market. The consumer model, which has not yet been named, is expected to be delivered to the market in 2015.
Guardian 8 Holdings is headquartered in Scottsdale, Arizona.
S&P Capital IQ's Factual Stock Report coverage on Guardian 8 Holdings will also be accessible on an ongoing basis to the investment community by scores of buy-side institutions and sell-side firms that utilize S&P Capital IQ research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts. Please visit www.guardian8.com for additional information.
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Currently profiling approximately 500 issuers, Standard & Poor's Factual Stock Reports, produced by S&P Capital IQ, increase market awareness of issuers in the investment community with insightful commentary and key statistics and information. Standard & Poor's Factual Stock Reports provide factual research coverage about company fundamentals and business prospects, thereby enabling information about covered companies to reach a wide investor audience of Buy and Sell-side investors. Updated weekly with the latest pricing, trading volume, and other data, the reports include recent developments, a financial review, key operating information, industry and peer comparisons, institutional holdings analysis, Street Consensus and opinions, performance charts, business summary, fundamental data, and news. Because coverage of these reports is underwritten by the issuer, S&P Capital IQ does not offer investment opinions concerning the advisability of investing in these stocks.
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