SOURCE: Wymoo International, LLC


October 27, 2009 16:25 ET

Wymoo Expands Operations in Russia and the Ukraine

JACKSONVILLE, FL--(Marketwire - October 27, 2009) - Wymoo International, a leading international background check company, announced today its plans to open a subsidiary to focus on Russia and the Ukraine market for private investigations, due diligence and background checks.

"Russia and the Ukraine continue to experience a high level of fraud and scams, both on the business level and on the individual level. Due to the high risk and demand for professional investigation services, we are expanding private investigation and background check services for our global clients, to minimize their risk in the region," said David Wilkerson, COO and Vice President of Wymoo®. "We will enable our clients to conduct business here with less risk, and we will also verify relationships for individuals via infidelity cases, surveillance and pre-marital checks." Demand for Russia background checks is expected to continue to rise.

The name of the new subsidiary has not been released, but consumers should expect to see the new Russia and Ukraine website by January 2010. Wymoo will utilize the top talent of its existing team of professional field investigators in Moscow, St. Petersburg and Kiev, as well as hire additional Ukraine and Russia investigators to better serve new global clients.

By creating a new subsidiary, Wymoo will bring together its existing contacts, agents, field investigators and support staff in the region to focus on the growing demand in Russia and the Ukraine. Wymoo is well established as a leading international private investigator. The new subsidiary should further establish the firm's market share for Europe investigations.

"Demand for professional investigations and confidential verification service is rapidly rising here," Wilkerson said. "Wymoo's new Russia and Ukraine subsidiary will benefit our global clients, and enable our continued growth in the market."

Wymoo's growth rate has exceeded annual growth projections for 2009, as of Oct 1, 2009. With economic estimates for world economies showing a slight rebound in 2010, management expects further opportunities for growth.

About Wymoo International

Wymoo International, LLC is an industry leader in international private investigations and global background checks services. The firm specializes in verifying business and personal relationships for both organizations and individuals around the world. The Florida based company provides due diligence, background checks, covert surveillance, infidelity investigations, fraud and scam screening, and worldwide missing person searches. Wymoo currently offers confidential professional investigation services in over 100 countries.