Universal’s Secure Risks Ltd. Launches International Property -IP- Practice; New Practice to Target Growing Risks of Brand and IP Piracy to Global Businesses
NEWPORT BEACH, Calif. — Universal Guardian Holdings, Inc. (OTCBB:UGHO), a full service provider of security products and services to mitigate terrorist, criminal and security threats for governments and businesses worldwide, today announced that Secure Risks Ltd., a wholly owned subsidiary of Universal Guardian, has launched an Intellectual Property (IP) practice focused on mitigating corporate risk with regard to intellectual property theft and infringement.
The theft of Intellectual Property (IP), including piracy and counterfeiting, represents a growing multi-billion loss to businesses globally each year. The trend of outsourcing to overseas manufacturers along with the proliferation of the Internet and telecommunications are further assisting the counterfeiters in their abilities to steal and infringe on companies’ intellectual property. This increasing threat requires a systematic and strategic approach to security and risk prevention.
“Here at Secure Risks, we specialize in providing multi-national corporations, brand owners and financial institutions with comprehensive Business Intelligence, Risk Mitigation and Asset Protection services worldwide,” said Michael Stannard, Managing Director and Chief Operating Officer of Universal’s Secure Risks Ltd. “As such, we have provided IP risk mitigation services to leading global companies and brands, including Reebok, Coca-Cola, Johnson & Johnson, Ford, Pfizer, Philip Morris and LVMH. The addition of a practice focused on providing corporate intellectual property security and risk prevention is simply a natural extension of our core expertise and an area we expect will grow in the months and years ahead.”
Secure Risks Ltd. has provided IP risk mitigation services to a number of leading global brands, including Reebok (NYSE:RBK), Johnson & Johnson (NYSE:JNJ), Eli Lilly (NYSE:LLY) and Diesel, the popular Italian clothing retailer, among others.
Universal operates from global offices in Los Angeles (Newport Beach), London, Zurich, Dubai, Cape Town, Cyprus, Kabul, Jakarta and Hong Kong, and is opening additional locations in 2004 in Washington, D.C., Paris, and Baghdad.
About Secure Risks Limited
Secure Risks, a wholly owned subsidiary of Universal Guardian Holdings, Inc, is a London based, global counterterrorism, security, training and business risk solutions group providing practical risk solutions, tactical security and critical infrastructure protection in today’s most challenging environments from regional hubs located in London, Cyprus, Kabul, Cape Town, Jakarta, Hong Kong, Los Angeles (Newport Beach), with offices opening in Washington, D.C., Dubai, United Arab Emirates, Baghdad, Iraq, and Caracas, Venezuela. www.securerisks.com.
Universal Guardian Holdings, Inc.
Universal Guardian Holdings, Inc. (UGHO) and its subsidiary companies provide a comprehensive range of security products, systems and services designed to mitigate terrorist and security threats to corporate and government assets. From strategic and tactical security services, business risk solutions, interoperable security systems, to non-lethal defense products, UGHO companies cover a broad spectrum of security applications for government and industry from operations on every continent. 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. Revenues for the Strategic Security Solutions International unit are preliminary and subject to adjustments. 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).