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Magal Security Systems Ltd. Message Board

  • marva1881 marva1881 Jun 2, 2004 1:40 PM Flag

    UGHO - meeting future security needs

    Press release below.
    Plus they are coming out soon with a number of non-lethal weapons that I am sure they will push onto their "Secure Risks clients".

    Universal Guardian Introduces London-Based Operations, Secure Risks Ltd, with $6 Million in Projected Revenues by Year End 2004
    Wednesday June 2, 9:00 am ET

    COSTA MESA, Calif.--(BUSINESS WIRE)--June 2, 2004--Universal Guardian Holdings, Inc. (OTCBB:UGHO - News), a provider of security products and services to mitigate terrorist and security threats for governments and businesses worldwide, today announced the opening of a new wholly owned subsidiary named Secure Risks Limited, a provider of business risk solutions and strategic security services to government and industry organizations, currently based in London, England. Secure Risks will operate from offices in London, Paris, Zurich, Cyprus, Jakarta, Hong Kong, and Los Angeles (Costa Mesa) beginning in the next few weeks, and plans to open offices in Washington D.C., Kabul, Baghdad, Shanghai, and Caracas in the coming months.

    Secure Risks' services include threat assessment, risk analysis, country risk management, business intelligence, corporate investigations, information assurance, kidnap and ransom, intellectual property and brand protection, identity theft, and investigations of fraud, money laundering, stock manipulation, as well as strategic security services including executive and diplomatic protection and training.

    "Secure Risks has assembled a premier team of international experts who draw their expertise from having held senior positions in United Kingdom Customs Investigative Branch, London Metropolitan Police - Special Branch, U.S. Drug Enforcement Administration, Royal Canadian Mounted Police - Counterterrorism, United States Central Intelligence Agency, Canadian Intelligence and Security Service, and the British Army's Special Air Service (SAS)," stated Michael Skellern, CEO of Universal Guardian Holdings. "Secure Risks' diverse management participates on the U.S. Department of Justice - White Collar Crime Commission, World Customs Organization, Operation Safe Customs, and several other U.S., UK and European commissions. We have assembled a true coalition to combat threats to corporate and government assets around the world," added Mr. Skellern.

    Secure Risks' customers include multi-national corporations, international financial institutions, branded products manufacturers, law firms, and government agencies around the world. "Based on indications from our current and prospective customers, we expect Secure Risks to exit the year with revenues exceeding $6 million," commented Mr. Skellern. "We hope to announce such contracts in the coming months."

    About 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 worldwide. From strategic 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.

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