EDMONTON, June 17 /CNW/ - 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) announces that it has granted a total of 100,000
stock purchase options to Mr. Mike Derbyshire upon his election to the Board
of Directors of the Company at the Company's Annual and Special Meeting held
at Edmonton on June 10, 2009. The exercise price of each option was set at the
closing price of the Company's common shares as of June 9, 2009. The 100,000
newly granted stock purchase options have a life of five years from the grant
date and are exercisable at a price of $0.165. The options will vest one year
after the grant date.
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
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
webpage www.unitedprotection.com and follow the prompts.
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
The TSX Venture Exchange has neither approved nor disapproved the
information contained herein.
For further information:
For further information: For further investor and media relations
inquiries contact: Spinnaker Capital Markets Inc., Ali Mahdavi, (416)