Stockguru.com: Cyberdefender Corp. is in the StockGuru Spotlight for June 9, 2009

Posted on: Tue, 09 Jun 2009 06:35:00 EDT


Symbols: CYDE
Jun 09, 2009 (M2 PRESSWIRE via COMTEX) --
CYDE | Quote | Chart | News | PowerRating -- DALLAS, TEXAS : StockGuru announces that Cyberdefender Corp. (OTCBB: CYDE | Quote | Chart | News | PowerRating) is in the StockGuru Spotlight. 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, and identity theft using a patent pending secure peer-to-peer collaborative threat protection network (the earlyNETWORK), enabling protection that is unparalleled in speed and flexibility. Products employing the earlyNETWORK include CyberDefender's MyIdentityDefender Toolbar, CyberDefenderFREE V2.0, and CyberDefender Early Detection Center V2.0.

On Monday, the company put out news regarding the hiring of Mr. Steven R. Okun as Senior Vice President of Marketing, a new position at CyberDefender. Mr. Okun will report to the CEO and the Board of Directors. Mr. Gary Guseinov, CEO of CyberDefender, commented, 'We believe that Steve will bring new strength and experience to the CyberDefender management team with his long track record of success in online and offline sales. As we pursue our growth strategy of investing into scale, we increasingly have been allocating budget to new marketing channels such as television, radio and retail in addition to online advertising. We believe that Steve's proven success will further fuel our efforts to achieve key goals which include driving sales to $10 million to $12 million per month by mid next year while building a profitable base of 1 million+ customers.' 'Taking on this new position, I'm extremely impressed by the high percentage of customers CyberDefender has been able to retain as repeat customers, obviously reflecting a significant degree of customer satisfaction,' Mr. Okun stated. He added, 'Going forward this clearly is something we intend to continue to build on while also focusing on greatly expanding the number of profitable new CyberDefender customers. I believe that CyberDefender's growth and profitability goals are realistic and achievable.'

Shares for Cyberdefender Corp. (OTCBB: CYDE | Quote | Chart | News | PowerRating) were up during the afternoon of trading on Monday and closed up six cents at closing.

To view our StockGuru Spotlight on Cyberdefender Corp. (OTCBB: CYDE), please visit: http://www.stockguru.com

What is the StockGuru Spotlight?

The StockGuru Spotlight features stocks that we expect some action in. Generally speaking we expect a strong showing in the market based on the market, our knowledge of the stock and the buzz in the markets. Many times these will be stocks that have big news out recently, there is fresh interest in getting the word out on these stocks or we hear a buzz in our day to day contacts on these stocks. If we think it is going to move or see action, we put it in the StockGuru Spotlight. If we are compensated for a stock in the Spotlight, it will be clearly disclosed within this Spotlight Announcement.

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