Universal’s Strategic Security Solutions Unit Experiences Strong Growth in Bookings in June
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, announced today that its Strategic Security Solutions International (SSSI) business unit has booked preliminary, unaudited revenue of $513,000 in the month of June 2004, representing a nearly five-fold increase over prior year revenue for the same period.
“SSSI has experienced very strong sales momentum in recent months as we continue to receive new contracts from U.S. and foreign governments and multi-national corporations to provide mission-critical security services in an increasingly dangerous global environment,” stated Bruce Braes, Managing Director of Strategic Security Solutions.
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 clients include the U.S. Department of State, the U.S. Army, Exxon Mobil, BAE Systems, Raytheon, Coca Cola, Bechtel, Standard and Chartered Bank, the Indonesian National Police, the Argentine Foreign Ministry and many other government and private agencies.
Mike Stannard, Managing Director and Chief Operating Officer of Secure Risks, stated, “The continuing elevation of threat levels in the United States, Europe, Asia and the Middle East is fueling Secure Risks’ growth in existing markets and provides a platform for expansion into new arenas that we expect will drive increased market share and revenues in the future.”
About Strategic Security Solutions International Limited
SSSI provides strategic and tactical security services to major and newly organized governments, militaries, multi-nationals and high profile governments and business clients in every corner of the world. SSSI specializes in high-risk markets and the inherent security challenges of those environments requiring the highest level of expertise and performance. www.strategicssi.com
About Secure Risks Limited
Secure Risks 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.