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United States: Com-Guard Inc executes exclusive license agreement with Lightstorm USA Pty Ltd for Transaction Processing Software.


Byline: Mamta03

Computer security technology provider Com-Guard Inc (Pinksheets:CGUD) said on Tuesday that the company has entered into an exclusive licence agreement with Lightstorm USA Pty Ltd PTY LTD Propriety Limited (company structure in Australia)  for the sales of its Transaction Processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time.

Transaction processing systems are the backbone of an organization because they update constantly.
 Software. Com-Guard will capitalise on its previous strengths in the distribution and sales of software and will launch a sales and marketing programme to target Loyalty Card Programmes, Online Payments, Pay Day Advance, Money Transfers and Speciality Payment Programmes.

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 Com-Guard's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and founder, Dr Edward W. Savarese, the company has signed an exclusive distribution and licensing agreement for North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , including Canada, Mexico and the Caribbean, with Lightstorm USA Pty Ltd.

In addition, Com-Guard has the right under its contract to apply for other territories.

Copyright : Euclid Infotech Pvt. Ltd.

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Publication:TendersInfo
Date:Sep 9, 2009
Words:135
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