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Monday, 02/28/2011 10:54:58 AM

Monday, February 28, 2011 10:54:58 AM

Post# of 2342209
SSHS news out! Safeguard Inks Contract with Nation’s Sixth-Largest Utility Company.
Safeguard Security Holdings, Inc. (OTC:SSHS), a provider of corporate, industrial and residential security solutions, announces today that its subsidiary, SGI Protective Services, has been awarded an annualized contract supplying security services to the nation’s sixth-largest utility company.

R. Michael Lagow, CEO for Safeguard stated, “We are excited to add this segment of business to SGI Protective Services’ business unit. This contract adds in excess of $1 million in additional revenue per annum to SGI’s book of business as we continue to broaden our reach in the energy sector.” Lagow added, “We see the energy market as a significant vertical that we continue to excel in market penetration, and a vertical that we are well versed in providing security solutions and services to.”

About Safeguard: (www.safeguardsecurityholdings.com)

Safeguard is a fully integrated sole-source security solutions provider offering a converged suite of physical and electronic services through its operating subsidiaries. It provides corporate, government and residential clients with a broad array of security services ranging from highly trained armed and unarmed guards, security management staffing, and security staff outsourcing, to installation and maintenance of integrated electronic security solutions, background investigations, video monitoring, and specialized consulting services as may be required to support the varying security needs of its clients. The Company is organized along three distinct lines of business - Technical Systems, Security Personnel and Security Outsourcing Solutions. All operations are directed from its offices in Dallas, Texas and house the following business subsidiaries: Acquient Security Consulting, Inc., Premier Background Search, Inc. (PBS), SGI Protective Services, SEARCHglobal, Inc., Secure Concepts International, Inc., SYSTEMSgroup, Inc., SYSTEMSgroup Protective Services, SYSTEMSgroup Technologies and SYSTEMSgroup Global.

Forward-Looking Statements:

Statements which are not historical facts contained in this release are forward-looking statements, such as “immediately accretive” that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words “estimate,” “possible,” and “seeking” and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.

© 2011 Safeguard Security Holdings, Inc. The information herein is subject to change without notice. Safeguard shall not be liable for technical or editorial errors or omissions contained herein.




http://ih.advfn.com/p.php?pid=nmona&article=46656437

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