Guard Dog Announces Negotiations for Sale

Rockledge,Fla., April 30, 2012, Guard Dog Inc. (Pink Sheets: GRDO) has negotiated anagreement to transfer control of the company to a private company. The newcompany will have a new business model.

TheCompany is working to close the sale in the coming weeks. Previous Guard Dog,Inc. officers and directors will be replaced by a brand new managementteam.  The Company expects to beupgrading its reporting status prior to the close of the transaction.

Additional announcements have been placed on hold until after the saleis complete.  An official press releasewill be made once all legal requirements have been fulfilled. The projectedtimeline for completing this merger is set for May.

AboutGuard Dog Inc.

GuardDog Inc. is a publicly traded company which trades under the ticker symbolGRDO.  .

 Cautionary Note Regarding Forward Looking Statements 

This press release contains forward-lookingstatements including statements regarding continuing to focus on our financialmetrics and continuing our growth in the U.S. market.  Forward-looking statements can be identifiedby words such as “anticipates,” “intends,” “plans,” “seeks,” “believes,”“estimates,” “expects” and similar references to future periods.Forward-looking statements are based on our current expectations andassumptions regarding our business, the economy and other future conditions.Because forward-looking statements relate to the future, they are subject toinherent uncertainties, risks and changes in circumstances that are difficultto predict. Our actual results may differ materially from those contemplated bythe forward-looking statements. We caution you therefore against relying on anyof these forward-looking statements. They are neither statements of historicalfact nor guarantees or assurances of future performance. Important factors thatcould cause actual results to differ materially from those in theforward-looking statements include those relating to the closing of the 15SOFtransaction. In the event of any unforeseen contractual negotiations, theresults anticipated by the forward-looking statement s may not be realized.   Any forward-looking statement made by usspeaks only as of the date on which it is made. Factors or events that could cause our actual results to differ mayemerge from time to time, and it is not possible for us to predict all of them.We undertake no obligation to publicly update any forward-looking statement,whether as a result of new information, future developments or otherwise,except as may be required by law.

Contacts:

John Bonaccorso

Guard Dog Inc.

President

J.Bonaccorso@15sof.com