(TSX - V: UZZ)
EDMONTON, April 17, 2012 /CNW/ - F.V.Ramsoondar, Chief Executive Officer and Director of United Protection Security Group Inc. (UPSG or the Company), (TSX-V: UZZ) announces the following update:
The Company has executed a contract extension for an additional two years with the Edmonton International Airport. The total approximately value of the extension over the two year period is $7.8 million.
F.V.Ramsoondar states: "We are very pleased to have received this contract extension which further strengthens this partnership. The renewed contract shows that we have been successful in our efforts of providing a blended superior service of Physical and Intelligent Video Security."
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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.
For further information:
For additional investor and media relations inquiries contact:
Fredy Ramsoondar CEO and Director