ZAGG (OTCBB: ZAGG), the leading provider of protective film coverings for personal electronics, reported strong 3rd Quarter results. ZAGG’s proprietary, military grade film covering called the InvisibleSHIELD, is gaining popularity which translates into increased sales. ZAGG experienced a 485 % increase in 3rdQ over 3rdQ sales with $6.8M in sales for 2008 and $1.4M in sales for 2007.
The pivotal role personal electronics such as cell phones and smart phones play in our everyday lives necessitates protecting these investments. The InvisibleShield is a one of a kind product that provides the type of protection needed for our valuable electronics. The ultra-tough material used to create the InvisibleSHIELD was originally utilized by the U.S. military to protect helicopter blades from wind, sand, and the wear and tear of high-speed travel. Combining this military-grade scratch protection with precision-cut designs, the InvisibleSHIELD, backed by a lifetime guarantee, allows customers to use their electronics without the fear of scratches or nicks. With over 2,000 skews available, covering products from cell phones, smart phones, I-Pods, computer screens, and watches, ZAGG has the protection you need.
ZAGG’s impressive 3rd Q results clearly indicate they are gaining consumer awareness. ZAGG not only has skews to protect virtually every make and model of personal electronics, but they are constantly developing additional skews when new electronics hit the market. For instance, the T-Mobile G1, the “Google Phone”, was just released and ZAGG is already producing and selling the skew. ZAGG has found the winning formula of providing simple and effective protection for our vital electronic devices all while constantly developing skews as new devices are released. This all translates into growth and makes ZAGG a strategic investment opportunity.
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