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Re: ProfitScout post# 330

Thursday, 05/17/2007 2:03:52 PM

Thursday, May 17, 2007 2:03:52 PM

Post# of 390
Universal Guardian Earns $6.734 Million Security Contract

NEWPORT BEACH, Calif., May 17, 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 announced today that Universal Guardian's Service Group subsidiary in Afghanistan, Strategic Security Solutions International (SSSI) has earned a multi-year contract from AED worth 6.734 million dollars through 2011 to provide security support services to the AED (Academy for Education Development) in Afghanistan for Rural Expansion of Afghanistan's Community- Based Health Care.

AED is a subcontractor to Management Sciences for Health on this program, which is USAID's (United States Aid for International Development) largest health initiative in Afghanistan. AED has been in existence for the last forty-four years and are presently conducting 4,300 programs in 167 countries and employ 1400 staff.

"This new contract represents an increase from our previous contract of $3.273 million to $6.734 million," stated Michael Skellern, Universal Guardian CEO. "Universal Guardian's Services Group continues to win new contracts, expand current contracts, and we are confident that we will continue to win a series of new contracts this year and over the following several years," continued Mr. Skellern.

"The award of this contract through 2011 clearly demonstrates the confidence of USAID contractors and sub-contractors in our Company's ability to deliver the highest level of strategic and tactical security services to the U.S. funded development and reconstruction projects," stated Bruce Braes, COO of Universal Guardian Service Group. "We are continuing to aggressively target US Government and USAID funded projects in the continued development of Afghanistan," added Mr. Braes.

Universal Guardian Service Group's SSSI Mobile Security Teams operate in all regions of Afghanistan to ensure protection and defensive response against hostile activity for the AED Core Team Members while traveling to or from destinations in these regions. As a result of the ever changing situation in Afghanistan, this Subcontract will continue to evolve as the result of in- country developments and changes.

About Universal Guardian Services Group

UGSG, a wholly owned subsidiary of Universal Guardian Holdings, Inc., is a Singapore based global risk mitigation company providing practical risk solutions, tactical security and critical infrastructure protection in today's most challenging environments from regional hubs located in London, Newport Beach, Dubai, Kabul, and Singapore. www.universalguardian.com.sg

About Universal Guardian Holdings

Universal Guardian Holdings, Inc. (UGHO) and its subsidiary companies provide a comprehensive range of security products, systems and services designed to protect against 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 corporate 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. 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) and Python Defender(TM) and their accessories.

Further information is available on the Company's website: www.UniversalGuardian.com


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

Company Contact:
Mike Skellern,
Chief Executive Officer
Universal Guardian Holdings, Inc.
4695 MacArthur Court, Suite 300
Newport Beach, CA USA 92626
+ 1 949. 861.8295



SOURCE Universal Guardian Holdings, Inc.

Investor Relations, Sanford Diday of Aurelius Consulting Group, Inc.,
+1-407-644-4256, ext. 115, Sanford@aurcg.com, Info@aurcg.com, for Universal Guardian
Holdings, Inc.; or Mike Skellern, Chief Executive Officer of Universal Guardian
Holdings, Inc., +1-949-861-8295

http://www.UniversalGuardian.com


Copyright (C) 2007 PR Newswire. All rights reserved

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