(TSX - V: UZZ)
EDMONTON, Dec. 10, 2012 /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 4 new security sites in Alberta with
combined annual revenues in excess of $2M per year. The contracts are
expected to continue for a period of 2 years.
The Company has further been awarded an additional contract in Alberta
to provide Mobile Response Security to a Major Canadian Charter Bank.
The estimated revenue the company will generate from this contract will
be in excess of $500K per year.
The agreements are subject to the approval of the TSX-Venture Exchange.
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