Press Release Source: Universal Guardian Holdings, Inc.
Universal Guardian's Secure Risks Receives Extension and Expansion of U.S. Army Security Contract
Tuesday September 27, 9:30 am ET
NEWPORT BEACH, Calif., Sept. 27 /PRNewswire-FirstCall/ -- Universal Guardian Holdings, Inc. (OTC Bulletin Board: UGHO - News), a full service provider of security products and services to mitigate terrorist, criminal and security threats for governments and businesses worldwide, announced today that its Secure Risks Strategic Security Solutions business unit (SSSI) has secured a continuation contract to provide protection services to the US Army in Afghanistan. This extension represents the first of three option years on the original contract, and includes an expansion in the scope of services to be provided under the contract.
The Total contract value now stands at $1,275,252 for the coming 12 months. The US Army has two additional one-year contract options.
Managing Director Bruce Braes stated, "The continuation and expansion of this contract represents a strengthening of our relationship with the U.S. Army based on their confidence in our demonstrated ability to deliver critical security services for their forces in Afghanistan."
SSSI, headquartered in the United Kingdom, operates as a business unit within Universal's subsidiary, Secure Risks Ltd., provides strategic and tactical security services to established and emerging governments, military services, multi-national corporations and high profile business and individual clients around the globe. SSSI's has provided services to the U.S. Department of State, the U.S. Army, Exxon Mobil, Coca Cola, and many other government and private agencies.
About Secure Risks Limited
Secure Risks, a wholly owned subsidiary of Universal Guardian Holdings, Inc, is a London based global security group providing practical business risk solutions, tactical security products and services, and critical infrastructure protection in today's most challenging environments from regional hubs located in the United States, United Kingdom, Europe, South America, Middle East, Africa, Central Asia, and Asia Pacific. http://www.SecureRisks.com
About Universal Guardian Holdings, Inc.
Universal Guardian Holdings, Inc. (OTC Bulletin Board: UGHO - News) and its subsidiary companies provide a comprehensive range of security products, systems, and services designed to mitigate terrorist and security threats worldwide. Universal Guardian Global Security Group comprises everything from strategic and tactical security services, business risk solutions, integrated and interoperable security systems, to non-lethal defense products. Universal Guardian companies feature a wide variety of security applications for transportation and global supply chain security, maritime security and critical infrastructure protection for government and multi-national businesses on every continent. http://www.UniversalGuardian.com
Safe Harbor Statement:
This news release contains certain forward-looking statements pertaining to future anticipated projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this news release that are not statements of historical fact may be considered to be forward-looking statements. Written words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," or variations of these or similar words, identify forward-looking statements. These statements by their nature are estimates of future results only and involve substantial risks and uncertainties, including those detailed from time to time in Universal Guardian Holdings, Inc.'s reports filed with the Securities and Exchange Commission. There can be no assurance that actual results will not differ materially from expectations. These risks factors include potential customer interest in the sale and production of Cobra StunLight(TM) and Riot Defender(TM) and their accessories.
Further information is available on the Company's website: http://www.UniversalGuardian.com
Investor Relations Contact:
Jaya Verma, Investor Relations Manager
Universal Guardian Holdings, Inc.
4695 MacArthur Court, Suite 300
Newport Beach, CA USA 92626
+1 949.861.8295 ext. 211
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Source: Universal Guardian Holdings, Inc.
Universal Guardian, U.S. Army, Afghanistan security expansion contract
Company: Universal Guardian
Contact Name: Michael Skellern
Contact Email: mskellern@universalguardian.com
Contact Phone: (949) 861-8295
Contact Name: Michael Skellern
Contact Email: mskellern@universalguardian.com
Contact Phone: (949) 861-8295