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Re: ProfitScout post# 314

Wednesday, 04/04/2007 2:15:36 PM

Wednesday, April 04, 2007 2:15:36 PM

Post# of 390
Universal Guardian Reports $21.8 Million in Revenues for 2006; Tenth Consecutive Quarterly Increase in Revenues

FY 2006 revenues up 54 percent over FY 2005 revenues.

NEWPORT BEACH, Calif., April 4, 2007 /PRNewswire-FirstCall via COMTEX/ -- Universal Guardian Holdings, Inc. ( UGHO ), an emerging global leader in non-lethal protection products, integrated transportation and global supply chain security systems, and strategic security services to protect against terrorist, criminal, and security threats to governments and businesses worldwide, today filed its annual report on Form 10-K for the fiscal year December 31, 2006 with the Securities and Exchange Commission.

The Company reported $21.8 million in revenue for the fiscal year ended December 2006 versus $14.1 million revenue for fiscal year ended December 2005, representing an increase of 54 percent from 2005. The Company reported total revenues for the quarter ended December 31, 2006 at $5.57 million, representing the tenth consecutive quarterly increase in revenues for the Company and a record revenue quarter. Cash Equivalents (Total Net Cash flow) were a positive $3.456 million for FY2006. The Company reported gross profits of $10.77 million for the fiscal year ended December 2006 and assets at $16.01 million.

"We are very happy with the results of this fiscal year. These results are an indication of the continued direction UGHO is heading. The contributions of our retail division and strong Cobra StunLight(TM) sales reflect that our products are selling well and at strong margins," said, Mike Skellern, CEO of Universal Guardian Holdings, Inc. With the launch of the Cobra StunLight to both consumers and Law Enforcement Professionals as well as the progress we are making with the TagEasy RFID program we expect to dramatically cut expense and head toward profitability in 2007 added Mr. Skellern.

About Universal Guardian Holdings, Inc.

Universal Guardian Holdings, Inc. (UGHO) and its subsidiaries provide a comprehensive range of security products, systems, and services designed to mitigate terrorist and security threats worldwide. Universal Guardian's global risks mitigation group includes strategic and tactical security services, integrated global supply chain visibility and security systems for government and industry, as well as non-lethal and tactical products for law enforcement, military, professional security and consumer markets. Universal Guardian companies features a wide variety of applications that provide cost- effective, end-to-end solutions and critical security services for government and multi-national businesses from operations on every continent. http://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. 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 delivery of its Total Asset Guardian(TM), SeaPort Guardian(TM), Container Guardian(TM), Explosive Guardian(TM) and Supply Chain Guardian(TM) systems as well as the production and sale of Cobra StunLight(TM) and Riot Defender(TM) Riot Ball(TM) and their accessories.


Company Contact:
Michael J. Skellern, Chief Executive Officer
949-861-8295

Investor Relations Contact:
Sanford Diday
Aurelius Consulting Group, Inc.
407-644-4256, ext. 115
Sanford@aurcg.com
Info@aurcg.com.


SOURCE Universal Guardian Holdings, Inc.

Michael J. Skellern, Chief Executive Officer of Universal Guardian, +1-949-861-8295,
or investors, Sanford Diday of Aurelius Consulting Group, Inc., +1-407-644-4256, ext.
115, or Sanford@aurcg.com, or Info@aurcg.com

http://www.UniversalGuardian.com/


Copyright (C) 2007 PR Newswire. All rights reserved


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