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UGHO - Universal Guardian Delivers Record Revenues of $14 Million for FY 2005
Wednesday April 19, 8:00 am ET


NEWPORT BEACH, Calif., April 19 /PRNewswire-FirstCall/ -- Universal Guardian Holdings, Inc. (OTC Bulletin Board: UGHO - News), an emerging global leader in inter-modal transportation security, global supply chain RFID systems, tactical products and security services to protect against business against criminal, terrorist, and security threats, today announced that it has delivered record financial performance with revenues of $14 million for FY2005.


"Our 2005 financial projections have proven to have been accurate," stated Michael Skellern, CEO of Universal Guardian. "With $19 million in signed contracts in-hand by Q1 2006 and the introduction of our new non-lethal products and ground-breaking and proprietary RFID based asset identification, authentication and monitoring systems and related technologies, we expect to meet or exceed our public announced revenue projections of $35 Million for FY2006. We also expect to make further guidance announcements regarding revenue increases, positive cash flow and year-end profitability by midyear 2006," continued Mr. Skellern.

About Universal Guardian Holdings, Inc.