Safeguard Business Unit Announces Security Services to Gables Residential

DALLAS--(Business Wire)--
Safeguard Security Holdings, Inc. (Pink Sheets: SSHS), a provider of corporate,
industrial and residential security solutions, announces that its subsidiary,
SGI Protective Services, has entered into an agreement to provide security
services for Gables Villa Rosa, a Gables Residential Property in Dallas, Texas.
Gables Residential has received national recognition for excellence in the
management, development, acquisition and construction of luxury multi-family
communities in high job growth markets likewise to Dallas. Gables Residential is
a privately owned REIT, which owns, develops and manages multi-family
communities and mixed-use developments in Atlanta, Austin, Dallas, Houston,
South Florida, Southern California, and metropolitan Washington DC. Additionally
it has third-party management operations in the Chicago, New York, Phoenix,
Central & North Florida, and Washington State markets. Currently, the company
manages over 35,000 apartment homes, owns 63 communities with nearly 17,000
units and has an additional 20 communities in lease-up or under development. The
additional pipeline development represents over 5,000 new apartments and a
variety of mixed-use spaces in all of its markets.

SGI`s Vice President of Operations, Shelly Anderson, stated, "We are excited to
have Gables as a cornerstone client to our new residential protective services
division. We have served Gables previously with our commercial division and now
that we have separated our service groups, we can now provide expanded services
to other residential properties throughout urban Dallas and Fort Worth."

R. Michael Lagow, CEO, Safeguard Security Holdings, Inc., added, "In concert
with our new residential guard and patrol division, we are looking to add
additional video surveillance services to assist in providing better security at
a reduced cost to residential apartment communities through remote site video
monitoring with armed patrol response. We are in the final stages of development
on our video monitoring program and we will announce our plans by the end of Q4
2009 in providing this service to our end-users."

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 and government clients with a wide range 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, and even to 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. Its
operations are directed from its offices in Dallas, Texas.

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.

Safeguard Security Holdings, Inc.
R. Michael Lagow, 214-560-2268
michael.lagow@sshsmail.com

Copyright Business Wire 2009