Westport, CT June 14, 2008 - IdentityPadlock, an identity theft prevention company located in Westport, CT, began selling its service through independent contractors. Consultants, as they are called, receive commissions based on their own monthly sales volume and the sales of consultants they sponsor into the organization. Consultants can also earn bonuses and receive commissions when clients re-enroll in the service. Greg Wood, the company’s president, said “the consultant program is the first step in creating a national network of professionals who can deeply and broadly penetrate the growing identity-theft-prevention market, and it gives people a unique opportunity to participate in an exploding industry.” Wood indicated that the company expects to add 1,000 consultants by the end of the year.

IdentityPadlock provides a proactive identity theft service, which is designed to prevent identity theft before it happens. The company backs its service with a one million dollar service guarantee that covers its clients for losses if they do become the victim of identity theft.

Westport, CT November, 09, 2007 - IdentityPadlock, a privately held company located in Westport, CT, began operations. The company was founded by Greg Wood, who was formerly an attorney in the New York office of the international law firm Linklaters. The company offers an identity theft prevention service, which is designed to stop identity theft before it happens. The service comes with a one million dollar service guarantee that covers losses for enrollees who do become the victim of identity theft. Wood revealed that “after months of planning, we are excited to launch our identity theft prevention service, and we believe that the market for our service will meet or exceed or growth projections, as more and more people look for an effective way to prevent identity theft.”

The company takes a proactive approach to identity theft by locking down its clients’ credit records. The service also reduces junk mail and telemarketing calls and includes free annual credit reports and ongoing training and information to alert people to the latest scams. “We want to be a one-stop source for privacy protection and identity theft defense,” Wood said.