DALLAS--(Business Wire)--
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.
Safeguard Security Holdings, Inc.
R. Michael Lagow, 817-784-8600
michael.lagow@sshsmail.com
Copyright Business Wire 2009
