SOURCE: Wymoo International

Wymoo International

June 22, 2011 12:47 ET

Wymoo International Private Investigators See Growth in UK

JACKSONVILLE, FL--(Marketwire - Jun 22, 2011) - Wymoo International, a Florida-based professional private investigation and background check firm, announced today that the company will increase its focus on the U.K. market in response to an increase in demand for private investigator and verification services. Management will be adding to its team of field investigators in London and Dublin based on the growing demand for international background checks, dating background checks and international due diligence services. The firm expects the U.K. to remain an important investigation market for future growth.

Case levels for 2010 and YTD 2011 show the growth in demand for U.K. private investigation and background checks has exceeded most countries. What's driving the U.K. demand, says Wymoo® management, is a strong prevalence in the usage of online dating and social networking sites, and also a corresponding increase in the risk for fraud and scams. U.K. residents have one of the highest subscription rates to dating and social networking sites in the developed world. Such relationships increasingly need to be verified via a dating background check to avoid the risk for fraud, identity theft and scams. Demand for these services has more than made up for the low growth in international due diligence cases, which should remain stable or at moderate growth until economic conditions improve.

The U.K. focus will further diversify the company's business operations and revenue sources. Management has reiterated its strategy for finding growth opportunities abroad, as the U.S. economic recovery is far from certain. "We continue to see a trend of capital and businesses leaving the U.S. in response to policies of the Obama administration," said Brent Cinnamond, President and CEO. "While we're committed to the U.S. economy and our country, we remain concerned about the falling U.S. dollar, and other risks from the U.S. debt crisis."

Wymoo expects demand for international private investigators to increase, despite the global economy.

About Wymoo International

Wymoo International, LLC is a leader in global background check and international private investigation services. The firm specializes in verifying relationships for companies and individuals around the world. The Florida-based professional private investigation firm offers international private investigators, background checks, surveillance, infidelity cases, scam and fraud screening, and due diligence services. Wymoo maintains investigators around the globe. All services are discreet and strictly confidential. Wymoo is verified by McAfee, Truste, and the U.S. Better Business Bureau. For more information, visit the Company website.