DENVER, March 31 /PRNewswire/ -- Shonstrom Research Associates analyst Michael Shonstrom has issued a research update raising his revenue estimates for ID Watchdog, a provider of patent pending identity theft monitoring services to the consumer. The company recently announced 2008 Q4 and full year preliminary sales numbers showing an 8% sequential quarterly gain to $1.4m and $4.7m for the first full year of operation. A new 3rd party call center marketing strategy initiated in January has show exceptional results so far in Q1. Shonstrom estimates that the company will exit the month of March with an $8.0m+ revenue run rate. In addition, an agreement with Acxiom (NASDAQ:ACXM) will provide a comprehensive consumer information database with which to further advance consumer identity theft protection, prevention and resolution. Shonstrom has raised his revenue estimates for the year to $23.0m and his one year price target to C$1.50. This release is from Shonstrom Research Associates, LLC, an independent research company established in 2000 focused on the early discovery of micro and small cap growth stocks. Shonstrom Research is a division of and provides proprietary research to Bathgate Capital Partners CRD # 38923 DATASOURCE: Shonstrom Research Associates CONTACT: Michael Shonstrom, President of Shonstrom Research Associates, LLC, +1-303-321-2392

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