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Category: Investment, Defense
UNITED ACCELERATES PLANS FOR GROWTH WITH NEW APPOINTMENT
Edmonton, Alberta September 10, 2009 - 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) is pleased to announce the appointment of Mr. Fred J. Rayner as President and a Director of United Protection Services Inc. ("United"). This position was previously held by Mr. Don Allan who is moving up to the position of Executive Vice President of UPSG with senior responsibilities for Corporate Growth and Development and the Company's involvement in the Vancouver 2010 Winter Olympics. Both appointments took effect September 1, 2009, as part of the Company's Strategic Management and planning process for the future.
Mr. Rayner has been a member of the Board of Directors of UPSG since 2006, serving on both the Audit and Compensation Committees and as Chair of the Governance Committee. He will continue to serve as a Director on the Board but will relinquish his position as Chair of the Governance Committee.
Following graduation from the University of Alberta, Mr. Rayner enjoyed a distinguished 26 year career with the Edmonton Police Services, rising through the ranks to the position of Chief of Police. In 2003 he was invested into the Order of Merit of the Police Forces by the Governor General of Canada in recognition of exemplary leadership and service.
More recently, Mr. Rayner has provided international consulting services to larger private companies and government agencies, including an extensive lecture series at the International Institute for Management Development IMD Switzerland, the Rotman School of Business Toronto and the University of Alberta. Fred has also served as the past president, former director or honorary chair of numerous corporate, community and charitable organizations. He currently Co-Chairs the Mayor's Task Force on Community Safety for the City of Edmonton and is a regular guest on CTV's popular "Alberta Primetime" television show discussing current topics relating to crime and safety.
Chairman and CEO of UPSG, Sig Jorstad states that "Fred's strong background in the private and government sectors coupled with his previous involvement with United provides a solid foundation to maximize the synergies between the Board and Management of United to capitalize on new opportunities for growth emerging from the current environment. Mr. Rayner's appointment builds on the investments we've made and reinforces our commitment to attract and retain the top talent in the industry. While he will lead and manage the day to day operations, focusing on customer service and driving organic growth, I'm looking forward to working with him on strategic issues where his expertise will enable us to broaden our options for growth and increase our focus on strategic relationships."
Mr. Rayner stated: "I've had the privilege of working with some of the best organizations in the world, and I'm very excited to take on this major role with United as it repositions for aggressive growth in the the new economy'. They have a talented team who are committed to customer service and are well poised to enjoy success in a changing industry, for the benefit of their clients, employee partners and shareholders."
About United Protection Security Group Inc.
United Protection Security Group Inc. is an established security protection company; focused on high impact, high visibility, and high risk security situations, coupled with one of the broadest ranges of traditional private security services in the industry.
Delivering 21st Century Solutions to centuries old problems through a network of 'Elite Private Protection Professionals'.
Pro Active and Progressive Management has moved the company into the ranks of, one of, the most dynamic security companies in Western Canada. With a strong foundation and a dedicated professional management team, we are moving forward into the next level in our development strategy.
United Protection Security Group Inc. is committed to providing its clients with a "superior quality service" at a competitive price. It is further committed to providing its employees and associates with the assistance, support, and opportunity to maximize their individual potential for excellence, peak performance and personal growth. It is the Company's policy and highest priority to protect the health and welfare of all its clients and employees and their respective property.
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', 'email alert' data base, go to the web page www.unitedprotection.com and click the tab 'request information' and follow the prompts.
For further investor and media relations inquiries contact:
Fredy Ramsoondar, CFO
fredy.ramsoondar@unitedprotection.com
Tel: 780-465-8101
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 investor and media relations inquiries contact:
Corporate Office
780-465-8101
Toll Free 1-877-465-1708
iruzz@unitedprotection.com
The TSX Venture Exchange has neither approved nor disapproved the information contained herein.
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