Tri-S Security Subsidiary Awarded Two Contracts Valued at $141 Million for Federal...

Tri-S Security Subsidiary Awarded Two Contracts Valued at $141 Million for
Federal Facilities in Los Angeles and San Diego, California

ATLANTA, Jan. 5 /PRNewswire-FirstCall/ -- Tri-S Security Corp.
(Nasdaq: TRIS), a provider of security services for government and private
entities, today announced its wholly-owned subsidiary, Paragon Systems, Inc.
("Paragon"), was awarded two new contracts to provide armed guard services in
Los Angeles and San Diego, California. Both contracts are with the Department
of Homeland Security and include security for the counties surrounding Los
Angeles and San Diego. The Los Angeles contract and the San Diego contract are
valued at approximately $94 and $47 million, respectively, for a combined
total of $141 million in revenue over five years. As a result of these
contract awards, Paragon's contract awards for 2008 now total over $503
million.
"We would like to express our appreciation to the Department of Homeland
Security for its continued support of Paragon, and reaffirm our commitment to
continue to provide the quality of service that the Department of Homeland
Security has come to expect from Paragon," said Ronald G. Farrell, Chairman
and CEO of Tri-S Security.
"Fiscal year 2008 has been the best year for Paragon for contract awards
since it was acquired by Tri-S Security in 2004. With a current pipeline of
contracts valued at $397 million, we look forward with confidence to a strong
2009," added Mr. Farrell.
About Tri-S Security Corp.
Based in Atlanta, GA, Tri-S Security Corp. (Nasdaq: TRIS) is a provider of
security services and equipment for government and private entities spanning a
wide range of industries. Security services include uniformed guards,
personnel protection, access control, crowd control and the prevention of
sabotage, terrorist and criminal activities. As a leading aggregator of elite
security companies, Tri-S Security is designed to build a strong enterprise in
which to service a unique customer base that ensures America's safety at home
and work. Tri-S Security assumes responsibility for the marketing,
infrastructure and overall operational performance for its subsidiaries. Tri-S
Security's management leverages highly trained government officers,
experienced industry leaders, proven financial executives and infrastructure
experts to consolidate the fragmented security industry into one efficient and
effective security force.
Forward-Looking Statements
This press release includes "forward-looking statements" within the
meaning of the Federal securities laws. Forward-looking statements are
commonly identified by such terms and phrases as "should", "expects", "plans",
"anticipates", "believes", "estimates", "projects" and other terms with
similar meaning indicating potential impact on our business. Although we
believe that the assumptions upon which such forward looking statements are
based are reasonable, we can give no assurance that these assumptions will
prove to be correct. Important factors that could cause actual results to
differ materially from our projections and expectations are disclosed in our
filings with the Securities and Exchange Commission, including the "Risk
Factors" section set forth in our Annual Report on Form 10-K for the year
ended December 31, 2007, and our Quarterly Reports on Form 10-Q filed
subsequent thereto. All forward-looking statements in this press release are
expressly qualified by such cautionary statements and by reference to their
underlying assumptions. We do not undertake to publicly update the
forward-looking statements contained herein to conform to actual results or
changes in our expectations, whether as a result of new information, future
events or otherwise. You may obtain and review our filings with the
Securities and Exchange Commissions by visiting http://www.sec.gov.
SOURCE Tri-S Security Corp.

Ronald Farrell, Chief Executive Officer of Tri-S Security Corp.,
+1-678-808-1540, ronfarrell@trissecurity.com; or Investor Relations Counsel,
Booke and Company, Inc., +1-212-490-9095, for Tri-S Security Corporation