SOURCE: Halo Companies, Inc.

Halo Group, Inc., Halo Companies, Inc.

February 02, 2010 07:00 ET

Halo Companies, Inc. Introduces HaloSafe ID, a New Level of Identity Theft Protection

Halo Credit Solutions, LLC Now Offers Identity Theft Protection With Credit Repair Services

ALLEN, TX--(Marketwire - February 2, 2010) - Halo Credit Solutions, LLC, a nationwide credit repair company and a subsidiary of Halo Companies, Inc. (OTCBB: GPAX), announced today the addition of HaloSafe ID, an identity theft product that will bring additional value to Halo's full-service credit repair. "Halo's credit repair service has always been the best value in the market. We are very pleased to be able to offer this additional feature making the product more robust and an even better value for the Halo consumer," states Michael Barry, president of Halo Credit Solutions, LLC.

At a market-low price of $199, Halo Credit Solutions, LLC has consistently offered the best value for the price. The product now offers consumers credit protection, as well as the existing credit analyzer and credit repair services. In addition, Halo Benefits, Inc., the B2B vehicle through which Halo provides benefits to employers, associations, and resellers, will now offer HaloSafe ID as an a-la-carte product within their bundle of services. "HaloSafe ID is such a great additional asset for the Halo Benefits package. I am enthused about the many lives we will be able to reach and protect through the inclusion of this product," states Kelly Harper, program director of Halo Benefits, Inc.

HaloSafe ID, scheduled to roll-out before the second quarter, stays true to Halo's product profile by offering the most complete identity theft services available on the market. While typical competitor products offer restoration and limited monitoring only, HaloSafe ID includes insurance (up to $25,000), extensive monitoring, document preparation, financial coaching, legal consulting, and a stolen purse/loss wallet. According to the Javelin Strategy & Research Institute, although online identity theft is on the rise, lost or stolen wallets still comprise 42% of identity theft crimes. With the HaloSafe ID, when a loss or theft event occurs, a single phone call to HaloSafe ID results in immediate calls made on the consumer's behalf to every relevant creditor, effectively canceling and reissuing credit cards when necessary. Additionally, a fraud alert is placed with credit reporting agencies if needed.

HaloSafe ID is included initially as a part of the retail credit repair product for the first 90 days and then consumers will have the option to continue the identity theft protection for only $6.95 per month, even after their need for Halo's credit repair services has ended. The feature becomes an ongoing service that Halo Credit Solutions, LLC provides. "A great deal of consumers' credit scores are affected by identity theft issues every day. The addition of this feature to our product package adds a preventative layer to our existing credit repair process," added Mr. Barry.

About Halo Credit Solutions, LLC

Halo Credit Solutions, LLC. is a full-service credit repair program designed to help consumers find and dispute errors from their credit report. Halo Credit Solutions is a subsidiary of Halo Companies, Inc. For more information about Halo Credit Solutions, LLC visit

About Halo Benefits, Inc.

Halo Benefits, Inc. is designed to offer financial services to individuals through associations, resellers, and employers benefit services groups. Through the power of the HaloCare initiative, Halo Benfits, Inc. provides unparalleled financial assistance for the American consumer. Halo Benefits is a subsidiary of Halo Companies, Inc. For more information visit

About Halo Companies, Inc.

Halo Companies, Inc. is a publicly-traded nationwide holding company with locations in Allen, TX. Halo consists of nine subsidiaries that operate primarily in the consumer financial services industry including debt, mortgage, real estate, credit, loan modification, and insurance. Halo has been recently recognized by Inc. Magazine, the Comerica Bank Collin 60, the Capital One Bank Celebration of Enterprise, and the SMU Cox School of Business Dallas 100. For more information about Halo Companies, Inc., visit

Cautionary Language Concerning Forward-Looking Statements:

Information set forth in this press release contains forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in Halo Companies' filings with the Securities and Exchange Commission. Halo Companies, Inc. disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.