LIGATT Security International (LGTT.PK) to Purchase Cyber Defense Systems, Inc.
LIGATT Security International announced today the intent to purchase Cyber Defense Systems, Inc. (PINKSHEETS: CYDM), a company whose focal point is international homeland defense. This purchase will aid in the distribution of computer security and cyber crime products and services. CYDM is certified to do business with the federal government and has operated in the past under the International Traffic in Arms Regulations (ITAR) agreement. The company plans to utilize ITAR to sell products to National Homeland Security, foreign militaries, foreign militaries and international governments. CEO Gregory Evans stated, "We plan to pay current shareholders of LIGATT Security shares of…