EDMONTON, Dec. 16 /CNW/ - S.Jorstad, Chairman and Chief Executive
Officer of United Protection Security Group Inc. (UPSG or the Company),
(TSX-V:UZZ) is pleased to announces that Fredy Ramsoondar has been
appointed as CO-CEO of the Company, effective January 1, 2011.
Mr.Ramsoondar has been a key member of the management team since joining
the Company in December 1999. He has been the Executive Vice President
and Chief Financial Officer since 2005, a position he will continue to
hold in addition to his new appointment.
Mr. Jorstad states "Fredy's extensive professional and industry
experience enables him to contribute in a significant way to the long
term growth strategies of the Company. His focus will be on growth in
the advanced electronic security sector which with his strong financial
and business background, will be fundamental to the Company's growth
strategy over the next five years".
Mr. Ramsoondar will become involved in the development of acquisition
and strategic marketing concepts while leading the financing and
raising of capital for the Company.
Mr.Ramsoondar stated, "I'm very honoured by the confidence that the
founder, Sig Jorstad, and the Board of Directors of the Company have
shown in me. I look forward to the new challenges ahead. I am
enthusiastic about working with the rest of the Executive Management
Team and all other members of the Company in reaching our objectives in
delivering positive changes and results for all our shareholders,
clients and employees".
Stock Awareness Activities
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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.
The TSX Venture Exchange has neither approved nor disapproved the
information contained herein.
SOURCE United Protection Security Group Inc.
For further information: For further information:
For additional investor and media relations inquiries contact:
Fredy Ramsoondar, CO-CEO, CFO, Executive Vice President and Director