SecurityCoverage Continues Record Growth

Online, February 24, 2010 (Newswire.com) - SecurityCoverage announced today that its 2009 financial earnings this past year showed solid results amidst a challenging economy. The company provides fully managed security and support services to individual users through a partnership group of Internet Service Providers, telecommunications and cable companies, and financial institutions across the nation.

"Our business, from both a revenue and product development perspective, has grown tremendously this past year. We continued to see strong revenue gains throughout 2009, added 30 new partners, and invested heavily in our product development by rolling out 4 new products," states Robert O'Dell, President and CEO of SecurityCoverage, Inc.

O'Dell reports:

Total revenue grew 41% from 2008 to 2009 with 10% of that growth coming from new product offerings

The number of partners who resell and distribute SecurityCoverage products and services grew by 11%

The number of subscribers increased by 40.1% for the year

The Company hired 25 new employees throughout the year to support the new growth and continued partnerships

"This past year we made a commitment to our Partners to produce customer-demanded products and services that they could offer out to their customer base and we accomplished just that," states O'Dell.

Over the year, SecurityCoverage released:

TotalTech Services - virtual computer support services from the comfort of a customer's home

Online Backup and Online Backup Server - secure online data backup and recovery to ensure customers' computer files are always safe

ISP Support Services - complete 24x7 customer support for voice, video, and data services

Premium Customer Portal - the ultimate online branded experience for customers that incorporates single sign-on to top Internet applications, up-to-the-minute national news, and community focused information