EDMONTON, Jan. 29, 2013 /CNW/ - F.V.Ramsoondar, President and Chief
Executive Officer of United Protection Security Group Inc. (UPSG or the
Company), (TSX-V: UZZ) is pleased to announce the following corporate
The Company has been awarded two contracts with two separate third party
agencies to provide alarm response, mobile patrols and NCR supply and
support services to four Major Canadian Banking Institutions for all of
their Alberta locations.
As the services are event driven, the Company's management estimates
that collectively, the annual revenue will exceed $500,000 under both
contracts. The contracts are open with no expiration dates.
The Company currently provides similar services through its Ontario
Operations under a similar contract for one of the agencies mentioned
in this release.
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.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE: United Protection Security Group Inc.
For further information:
For additional investor and media relations inquiries contact:
Fredy Ramsoondar CEO and Director