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Steel Vault s NationalCreditReport.com Launches New Website

^{Published on 2008-12-15 08:13:33 - Market Wire}
 

DELRAY BEACH, Fla.--([ BUSINESS WIRE ])--IFTH Acquisition Corp., d/b/a Steel Vault (OTCBB: IFAQ) ("Company" or "Steel Vault") announced today that the Company's recently acquired subsidiary, NationalCreditReport.com, a premier provider of identity security products and services focused on credit monitoring and identity theft protection, has launched its new website. The Company partnered with Dallas-based Web design firm RD2, Inc. to develop the new site.

Mark J. Kane, Steel Vault's Vice President of Marketing, said, "The vast majority of our interaction with consumers occurs through our website; therefore, it is imperative to provide a user-friendly interface whereby consumers can quickly learn about our service offerings. Our new site is simple to navigate and enables consumers to easily find the product that suits their needs. With the help of RD2's skilled creative team and their extensive experience, this successful collaboration is the first step in strengthening our brand and increasing our customer base."

NationalCreditReport.com specializes in providing consumers with identity security products, including accurate, complete and easy-to-understand credit reporting and monitoring. Credit monitoring is the only automated method currently available to protect consumers from identify theft and keep consumers up-to-date with changes and inquiries made to their credit records.

About Steel Vault

IFTH Acquisition Corp. (OTCBB: IFAQ), d/b/a Steel Vault, is a premier provider of identity security products and services, including credit monitoring, credit reports, and other identity theft protection services. Since 2004, National Credit Report.com, LLC has specialized in providing a variety of credit information to consumers to help protect them from identity theft and fraud.

Statements about IFTH Acquisition Corp.'s future expectations, including the ability of the new NationalCreditReport.com website to strengthen the Company's brand and increase its customer base, as well as the Company's ability to serve consumers, expected growth of the industry and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and IFTH Acquisition Corp.'s actual results could differ materially from expected results. Additional information about these and other factors that could affect the Company's business is set forth in the Company's various filings with the Securities and Exchange Commission, including those set forth in the Company's 10-K filed on December 27, 2007, as amended, under the caption "Risk Factors." The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.