updated 12/1/2010 10:16:43 AM ET 2010-12-01T15:16:43

LOS ANGELES, Dec. 1, 2010 (GLOBE NEWSWIRE) -- CyberDefender Corporation (Nasdaq:CYDE), a provider of Internet security software, utilities and remote technical support services that work together to maximize online safety for consumers, today announced that the Company achieved its highest-ever single-day sales, on an unaudited basis, on Cyber Monday.

Based on preliminary data, the Company estimates that sales on Monday, Nov. 29, 2010 increased 73% over Cyber Monday 2009. Sales of the Company's LiveTech service increased an estimated 232% over the same day in 2009.

"We achieved particularly solid performance for sales of our LiveTech remote technical support service, which is the fastest growing segment of our business," said Gary Guseinov, Chief Executive Officer, CyberDefender. "We believe this sales growth is indicative not only of the increasing popularity of Cyber Monday as an online shopping event, but of growing consumer awareness of the importance of PC health, system optimization and malware protection."

About CyberDefender

CyberDefender is a provider of Internet security software, utilities and remote technical support services that work together to ensure maximum safety for consumers in a digital world. The company develops and markets antispyware/antivirus software and a remote, live technical support service. In addition, CyberDefender offers identity protection and computer optimization services. With millions of active users on its cloud based collaborative Internet security network, CyberDefender leverages the power of community to protect its customers from the rapidly growing number of new online threats every year. CyberDefender products are fully compatible with Microsoft Windows ® XP, Vista®, and 7 Operating systems. All products are available at www.cyberdefender.com . Investor relations information is available at www.cyberdefendercorp.com .

FORWARD LOOKING STATEMENTS

Statements in this public announcement that are not statements of historical or current fact, including CyberDefender's statements regarding future financial performance and business prospects, constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause CyberDefender's actual results to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Factors that could cause CyberDefender's results to be materially different from the forward-looking statements include, but are not limited to, whether CyberDefender will be able to find financing as required and whether CyberDefender's revenues will eventually exceed its expenses. The forward-looking statements also are subject generally to other risks and uncertainties that are described from time to time in CyberDefender's reports and registration statements filed with the Securities and Exchange Commission, which are available for review at http://www.sec.gov/.

CONTACT:  The Bohle Company
          Public Relations:
          Luis Levy
          (310) 785-0515 ext. 204
          Luis@bohle.com
         
          The Piacente Group
          Investor Relations:
          Kristen McNally
          Lee Roth
          (212) 481-2050
          IR@CyberDefender.com
          www.CyberDefenderCorp.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.94%
$30K home equity loan FICO 5.19%
$75K home equity loan FICO 4.58%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.40%
13.40%
Cash Back Cards 17.92%
17.91%
Rewards Cards 17.12%
17.11%
Source: Bankrate.com