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Category: Investment, Defense
United (TXS.V:UZZ) extends major contracts valued in excess of $6,000,000
EDMONTON - June 8, 2010 (www.Investorideas.com newswire) - S. Jorstad, Chairman, President and Chief Executive Officer of United Protection Security Group Inc. (UPSG or the Company), a Canadian based company, trading on the TSX Venture Exchange, under the symbol (TSX-V: UZZ) announced today it has extended several major contracts with durations of one to three years. Mr. Jorstad stated "the Company continues to build its relationship with its major clients across Western Canada. Over the past two months the Company has retained six of its major customers in different industry sectors; a utility company, a petroleum refinery, an educational institution, a shopping center, a municipality, and a food processing plant. The overall value of these contracts exceeds six million ($6,000,000) in revenue.
These contract renewals and extensions continue to demonstrate the Company's ongoing focus of providing superior customer service at competitive rates, and solidify our client base in our goal to achieve our projected revenue targets."
Stock Awareness Activities
To find out more about United Protection Security Group Inc. (TSX-V: UZZ), visit our website at www.unitedprotection.com. To join the 'request for information', go to the web page www.unitedprotection.com and click the tab 'request information' and follow the prompts. You may also email Investor Relations at: iruzz(at)unitedprotection.com.
Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks related to business development and retention, and risks related to the current economic and credit conditions. As a result, actual results may vary materially from those described in the forward-looking statements.
The TSX Venture Exchange has neither approved nor disapproved the information contained herein.
For further information
For additional investor and media relations inquiries contact: Fredy Ramsoondar, CFO, Email: fredy.ramsoondar@unitedprotection.com, Tel: (780) 465-8101
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