GlobalOptions Wins Three Year Contract from Southern Eagle Insurance Company

NEW YORK--(Business Wire)--
GlobalOptions Group (NASDAQ: GLOI), a leading provider of domestic
and international risk management services, announced that its Fraud
and SIU unit has been awarded a three year contract from Southern
Eagle Insurance Company. GlobalOptions Fraud & SIU will serve as a
preferred provider of investigative services for Southern Eagle and
will perform SIU and surveillance services to assist in exposing
potential insurance fraud. Southern Eagle Insurance is a leading
provider of workers' compensation insurance to companies throughout
Florida.

"We are pleased to have this opportunity to work with Southern
Eagle Insurance, which has had a successful track record in the field
of workers' compensation," said Halsey Fischer, president of
GlobalOptions Fraud & SIU. "We are confident we will add value to its
efforts to combat fraud.

"We are pleased to partner with GlobalOptions Group, which has
developed a comprehensive and successful organization that has the
techniques and infrastructure to help insurance companies identify,
track and, ultimately, combat insurance fraud," said Dan Robertson,
president, Southern Eagle Insurance Company.

GlobalOptions will use its enhanced GlobalTrak(TM) proprietary
enterprise risk mitigation and management solution. It offers a full
suite of risk management tools, including evidence processing and
management and audio and video surveillance file management. It also
provides client companies with contacts and status reports in real
time, allowing more efficient internal management of assignments,
evidence, and reporting.

About Southern Eagle Insurance Company

Southern Eagle Insurance Company, based in Bradenton, Fla.,
provides workers' compensation insurance options to companies, helping
protect their business and employees by identifying and implementing
sound risk management practices. Southern Eagle Insurance Company
helps make the workplace safer by providing workers' compensation
insurance options and loss prevention services including customizable
safety programs.

About GlobalOptions Group, Inc.

GlobalOptions, with headquarters in New York City and offices in
16 cities, is an integrated provider of risk mitigation and management
services to government entities, FORTUNE 1000 corporations and high
net-worth and high-profile individuals throughout the world. We enable
clients to identify, assess and prevent natural and man-made threats
to the well-being of individuals and the operations of governments and
corporations. In addition, we assist our clients in recovering from
the damages or losses resulting from the occurrence of acts of terror,
natural disasters, fraud and other risks. We deliver risk mitigation
and management services through four business units: Preparedness
Services; Fraud and Special Investigations Unit Services; Security
Consulting and Investigations; and International Strategies.
Additional information can be found at www.globaloptions.com.

Statements in this press release regarding the company's business
that are not historical facts are "forward-looking statements" that
involve risks and uncertainties. The company wishes to caution readers
not to place undue reliance on such forward-looking statements, which
statements are made pursuant to the Private Securities Litigation
Reform Act of 1994, and as such, speak only as of the date made. To
the extent the content of this press release includes forward-looking
statements, they involve various risks and uncertainties including the
successful integration of acquired businesses and revenue run rates.

Certain of these risks and uncertainties will be described in
greater detail in GlobalOptions Group's' filings with the Securities
and Exchange Commission. GlobalOptions Group is under no obligation to
(and expressly disclaims any such obligation to) update or alter its
forward-looking statements whether as a result of new information,
future events or otherwise.

PR:
Lippert/Heilshorn & Associates
Dolores Naney, 212-838-3777
dnaney@lhai.com
or
IR:
Lippert/Heilshorn & Associates
Jody Burfening, 212-838-3777
jburfening@lhai.com

Copyright Business Wire 2008