Airborne Security and Protective Services, Inc. (ABPR.PK) Signs Term Contracts Valued at $600,000 With Two Major Clients
17 December 2010 - 1:30AM
Marketwired
Airborne Security & Protective Services, Inc. (PINKSHEETS:
ABPR) announced that they have signed two major contracts for
providing security services to Ocean View Condo, a luxury high-rise
condominium located in Sunny Isles Beach, Florida. Additionally,
Airborne signed a contract formerly serviced by Global Trust
security with an exclusive island in Miami Beach. Airborne will
provide a marine patrol in addition to the regular security
services on the island.
Jerry Deutsch, CEO, noted, "We are refining our growth strategy
to include the acquisition of larger long term service contracts.
To that end these new term contracts will add about $600,000 in
gross revenues. To manage this expected growth the company will be
expanding staff to include hiring a Chief Financial Officer and a
Comptroller to be part of senior executive management."
The company has relocated their corporate offices to Hollywood,
Florida in September 2010.
Airborne CEO Jerry Deutsche stated, "We had outgrown our offices
on Biscayne and we had an opportunity to get a much larger space in
a standalone building with good parking at a much lower cost. We
intend to exercise our option to purchase the building in January
2011.The new office building is large enough to accommodate the
increased staff we need now that our employees have increased to
well over 100."
Airborne Security & Protective Services,
Inc. ("Airborne Security"), a Florida corporation, provides
professional armed and unarmed security
services to commercial and residential
properties and companies in South Florida under state license
number B-2700095. Airborne Security's
Management team has over 30 years of collective experience in the
private contract guard services industry. The Company offers its
service offerings statewide with the strategic intent to expand
nationally. The Company also offers monitoring and
integrated services utilizing CCTV technology, and access control
systems to its clients.
This press release contains "forward-looking" statements as that
term is defined by Section 27A of the Securities Act of 1933, as
amended, (the "Securities Act") and Section 21E of the Securities
Exchange Act of 1934, as amended, (the "Exchange Act"). All
statements that are included in this press release other than
statements of historical fact are "forward-looking" statements.
Although Airborne Security and Protective Services, Inc. believes
that the expectations reflecting in these forward-looking
statements are reasonable, it can give no assurance that such
expectations will materialize. Important factors could cause actual
results to differ materially from the expectations as disclosed
herein, including without limitation, in conjunction with these
forward-looking statements contained in this press release.
Contact: Airborne Security and Protective Services, Inc. Jerry
Deutsch 954 362 4769 www.airbornesecuritycorp.net
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