IASG Integrated Alarm Services Grp (MM)

Integrated Alarm Services Group, Inc. (NASDAQ: IASG) announced today that its Board of Directors has retained Houlihan Lokey Howard & Zukin to assist the Board in evaluating certain strategic alternatives under consideration by the Board, including, but not limited to, a possible sale or merger of the Company. Charles May, acting Chief Executive Officer, said, "There has been significant interest expressed by third parties to enter into a range of possible transactions with IASG, and we intend to fully explore those and other options to enhance shareholder value." No formal decisions have been made and no agreements have been reached at this time. There can be no assurances that any particular alternative will be pursued or that any transaction will occur, or on what terms. The Company does not plan to provide updates until this process is completed. About IASG Integrated Alarm Services Group provides total integrated solutions to independent security alarm dealers located throughout the United States to assist them in serving the residential and commercial security alarm market. IASG's services include alarm contract financing including the purchase of dealer alarm contracts for its own portfolio and providing loans to dealers collateralized by alarm contracts. IASG, with 5,000 independent dealer relationships, is also the largest wholesale provider of alarm contract monitoring and servicing. For more information about IASG please visit our web site at http://www.iasg.us.