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S&P Capital IQ Initiates Coverage On Guardian 8 Holdings In S&P Capital IQ Factual Stock Reports

Stocks in this article: MHFI GRDH GRDH

NEW YORK, July 15, 2014 /PRNewswire/ -- S&P Capital IQ (MHFI) announced today that it has commenced Standard & Poor's Factual Stock Report coverage on Guardian 8 Holdings (GRDH)

Guardian 8 Holdings (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.

Since inception, the company has been focused on developing and patenting its first commercial product, the Guardian 8 Pro V2, as well as the key functions that create market differentiation. The company has been issued three patents: Design patents 681,768 (issued May 7, 2013) and 688,769 (issued Aug. 27, 2013); and Utility patent 8,310,360 (issued Nov. 13, 2012). The company has also been formalizing marketing and manufacturing strategies as well as building customer distribution channels in preparation for its first product launch into the private security market.  During the year ended December 31, 2013, Guardian received its first production units assembled by its contract manufacturer and shipped initial revenue totaling $43,619.

The G8 Pro V2 establishes overlapping protection zones with increasing levels of non-lethal response. By combining an array of non-lethal tools that can be used when responding to threatening situations, the Pro V2 protects not only guards but also the security administrators and the companies they work for, as well as the subjects. The G8 Pro V2's inherent risk mitigation capabilities are further enhanced through the unit's on-board command center communication link and incident recording capabilities. Through the Pro V2's Bluetooth technology, guards access push-to-talk connectivity with support personnel. Audio and still images are automatically captured and stored when the unit is armed.

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