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Safeguard Security Holdings, Inc. (OTC:SSHS), a provider of corporate and industrial security systems and personnel, announces that its subsidiary, SYSTEMSgroup Protective Services, has entered into a five year agreement, which began Q1 2009, to provide security services for one of Texas' largest utility companies. The utility is a market-leading competitive retailer that provides electricity and related services to more than two million Texas customers.
Safeguard's CEO, R. Michael Lagow, stated, 'The SYSTEMSgroup Protective Services division has provided services to this utility giant since January 2005, and we are delighted to be awarded a contract of this magnitude spanning five additional years of service. This brings over $32+ million in revenue to our Company." Lagow added, 'Our Company continues to build its book of business with quality clients that recognize best value services for its clients. It's what we do best!'
About Safeguard: (www.safeguardsecurityholdings.com)
Through its operating subsidiaries and divisions, Safeguard is a single source security solutions provider, integrating technical and physical security assets. The company is organized along three distinct lines of business: Technical Systems, Security Personnel and Security Outsourcing Solutions. Its operations are directed from its headquarters in Dallas, Texas, USA.
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.
2009 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.