Tech Coast Angels Invested Company, eGuardian, Signs Agreement With i-SAFE to Help Protect Children on the Web
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IRVINE, CA, Jun 24 (MARKET WIRE) --
eGuardian (www.eguardian.com), the digital identification company that
protects children on the Internet, has signed a partnership agreement
with i-SAFE (www.isafe.org), the e-safety education company that has
educated and empowered more than 8.5 million children worldwide to be
safe digital citizens. The announcement was made today by Stephen Block,
lead investor in eGuardian from the Tech Coast Angels (TCA)
(www.techcoastangels.com), the nation's largest angel investment network.
According to Block, who is a member of the eGuardian board of directors,
"This partnership represents one of the most significant steps in the
protection of children online that has yet been made in the market. It
also shows the powerful growth and success of eGuardian, our TCA-invested
company."
eGuardian employs patented technology and processes to absolutely verify
the age, gender and location of member children to subscribing web
partners. Armed with this validated information, popular social networking
sites, chat and e-mail can be rendered safe from sexual predators and
adult content, making them appropriate for the child audience. eGuardian
requires no software, subscriptions or complicated set-up and costs only
$29 per child for a lifetime enrollment, so it is easy for parents to
access. Under terms of the agreement with i-SAFE, the eGuardian product
will be offered as part of the i-SAFE educational program to schools for
kindergarten through 12th grade.
Ron Zayas, chief executive officer of eGuardian, said, "We're very excited
about our relationship with i-SAFE. Since the two companies share a
mission of keeping children safe online, and both work with officials at
the boards of education and state levels, the partnership is a natural."
Teri Schroeder, chief executive officer of i-SAFE, added, "At i-SAFE, we
approach the problem of online safety from an educational point of view
and eGuardian comes from a technological one, but the core synergies are
undeniable. We are both empowering children to protect themselves and
giving educators and parents the tools to help accomplish that."
TCA invested in eGuardian in August 2008, and according to Ron Zayas, has
been instrumental in the company's ensuing success. Zayas stated, "We
originally approached TCA back at the end of 2007 with a business plan. At
that time we had a business model in mind that involved the creation of
complex proprietary software. TCA investors asked us such great, probing
questions that we went away and decided to revise our model to the
open-standards we employ today. TCA made the investment in 2008 and since
then, Stephen Block and fellow investors have worked with us hand-in-hand
to develop our partnership strategies and secure additional funding. While
the money was great, the support we continue to get from our TCA investors
is simply invaluable. We wouldn't have secured the i-SAFE partnership or
our other relationships without TCA's mentoring."
About eGuardian
The eGuardian mission is to protect children online from inappropriate
content and solicitation, resulting in safe learning and exploring on the
Internet. Through partnerships with prominent web sites, eGuardian creates
an environment that allows children to learn and communicate without the
fear of being solicited by predatory adults or being exposed to adult
content. For more information, call 877-348-2731 or visit eGuardian at
www.eguardian.com.
About i-SAFE Inc.
Founded in 1998 and active in all 50 states, i-SAFE Inc. is the leader in
e-Safety education. i-SAFE is a nonprofit organization whose mission is to
educate and empower students, parents, seniors, and community members to
safely and responsibly take control of their Internet experiences. i-SAFE
provides knowledge that will enable them to recognize and avoid dangerous,
destructive, or unlawful online behavior, and to respond appropriately.
This is accomplished through dynamic K through 12 curriculum and
community-outreach programs to students, parents, law enforcement, and
community leaders. i-SAFE is the only e-Safety foundation to combine these
elements. i-SAFE Inc. is recognized by the U.S. Internal Revenue Service
as a tax-exempt 501(c)(3) charitable organization. Additional information
on i-SAFE can be found at www.isafe.org.
About Tech Coast Angels
Tech Coast Angels, www.techcoastangels.com, is the largest angel investor
group in the United States. Its members provide funding and guidance to
more early-stage, high-growth companies in Southern California than any
other investment group. Since its inception in 1997, TCA members have
focused on building valuable companies, personally invested over $100
million, and helped portfolio companies attract more than $1 billion in
additional capital, mostly from venture capital firms. TCA members invest
in companies in a wide range of industries, including the life sciences,
biotech, IT, services, retail, Internet, financial, software, media,
consumer products and tech startups. TCA members give companies more than
just capital; they also provide counsel, mentoring and access to an
extensive network of potential investors, customers, strategic partners
and management talent. TCA has more than 250 members, including its
venture capital affiliates, in five networks in Los Angeles, Orange
County, San Diego, Westlake/Santa Barbara and the Inland Empire. More
information on investment with Tech Coast Angels can be found at
http://www.techcoastangels.com or on Twitter at
http://twitter.com/techcoastangels.
For more information:
Deborah Jones
Strategies
714-957-8880, ext.113
Email Contact
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