Shares of Ensurapet, Inc. (EPTI.OB), a development stage company that provides pet health information services to pet owners, veterinarians and pet service providers, primarily in the United States and the United Kingdom, soared more than 85 percent at the end of last week. Founded in 2005 and headquartered in Santa Ana, California, Ensurapet’s health information services include life and health insurance for pets – or companion animals, including horses – through public online portals.
VetpetMD™ is a web-based resource center that provides credible animal healthcare information. Purrfect Pet Club™ is an online information portal that links to more than 10,000 quality pet-related products. Spot the Pet™ is a lost and found service for companion owners that provides a unique ID number to subscriber pets. Purrfect Pet Insurance™ is a web-based resource center that provides companion animal owners with life and health, medical and insurance products for pets. Purrfect Horse Insurance™ is an online destination that provides family horse owners with life and health insurance products for their horses.
The cost of caring for pets is rising as much as health care costs for other members of the family. In fact, the United States leads the world with the largest population of companion animals but less than 1 percent of dog and cat owners in the United States have pet insurance, compared with 19 percent in the United Kingdom and more than 48 percent in Sweden. Ensurapet is well positioned for growth in this emerging $18.2 million veterinary care industry in the United States.
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