LIGATT acquires Cyber Defense Systems

LIGATT Security International CEO Gregory Evans announced today the signing of a letter of intent to purchase Cyber Defense Systems (CYDM), a company specializing in international homeland defense. This purchase will help assist LIGATT Security in the distribution of its computer security and cyber crime products and services. CYDM is certified to do business with the federal government and has operated in the past under the International Traffic in Arms Regulations (ITAR) agreement and plans to utilize ITAR in the future to sell products to national homeland security, foreign militaries, foreign militaries and international governments.

“We plan to pay current shareholders of LIGATT Security shares of the newly acquired company based on a 5-1 ratio, meaning for every five shares owned in LIGATT Security, shareholders will acquire one share in the new company,” announced Evans.

CYDM describes itself as a company that realized the global war on terror has redefined the U.S. need for security protection both at home and abroad. As continued terror attacks occur around the globe, CYDM emerged to provide solutions to support the fight against terror and international homeland defense. Existing technology at CYDM along with future planned innovations will meet these security challenges with cost effective solutions.

“LIGATT Security will continue to strive for company expansion through seeking and incorporating a network of innovators who are equally determined as us to reach new heights in technology. By purchasing Cyber Defense Systems, Inc., we will be able to partner with fellow security experts like William Robinson to be a force against international terror,” says Evans.

The acquisition of CYDM will close by 1 August 2009, pending proper due diligence and other necessary legal proceedings.