03.05.2010 13:30:00
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Safeguard Enters Nuclear Market
Safeguard Security Holdings, Inc. (OTC:SSHS), a provider of corporate, industrial and residential security solutions, announces today that its subsidiary, SYSTEMSgroup Protective Service, has expanded its services to the nuclear power generation market.
SYSTEMSgroup's new division provides services to nuclear power generation companies, large chemical and petrochemical companies that face government regulations requiring Chemical Facility Anti-Terrorism Standards (CFATS). The new division provides clients with integrated solutions that include security staffing, security technologies, products, design and engineering.
Shelly Anderson, Vice President of Operations, stated, "This is a significant move for our company to ready itself for the nuclear security market. We were invited to provide these enhanced services by one of our existing clients and our Board of Directors recently approved the request, so we are moving forward with our expansion.”
R. Michael Lagow, CEO for Safeguard, stated, "This newly formed division gives our company the ability to over double our current revenue stream within our fiscal year ending in June 2011. With this expansion, we are providing full consulting, analytic, technical programs and staffing solutions to the nuclear market as a fully integrated security solutions provider."
About Safeguard: (www.safeguardsecurityholdings.com)
Safeguard is a fully integrated sole-source security solutions provider offering a converged suite of physical and electronic services through its operating subsidiaries. It provides corporate, government and residential clients with a broad array of security services ranging from highly trained armed and unarmed guards, security management staffing, and security staff outsourcing, to installation and maintenance of integrated electronic security solutions, background investigations, video monitoring, and specialized consulting services as may be required to support the varying security needs of its clients. The Company is organized along three distinct lines of business - Technical Systems, Security Personnel and Security Outsourcing Solutions. All operations are directed from its offices in Dallas, Texas and house the following business subsidiaries: Acquient Security Consulting, Inc., Premier Background Search, Inc. (PBS), SGI Protective Services, SEARCHglobal, Inc., Secure Concepts International, Inc., SYSTEMSgroup, Inc., SYSTEMSgroup Protective Services, SYSTEMSgroup Technologies and SYSTEMSgroup Global.
Forward-Looking Statements:
Statements which are not historical facts contained in this release are forward-looking statements, such as "immediately accretive” that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate,” "possible,” and "seeking” and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.
© 2010 Safeguard Security Holdings, Inc. The information herein is subject to change without notice. Safeguard shall not be liable for technical or editorial errors or omissions contained herein.
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