Intersecurity Holdings Corporation (OTC PK: IXSV) has signed a letter of intent to acquire up to 100% of the issued and outstanding shares of BG2000 Kft. BG2000 provides security services in and around Budapest, by providing its own personnel as well by utilizing sub-contracting companies; BG2000's current contracts call for over 250 security personnel. "Being part of the Intersecurity brand will give us increased recognition. Both myself and Mr. Simone are of the belief that combining our companies will benefit all involved," added Mr. Kenig, Manager of BG2000 Kft. In addition, both BG2000 and Intersecurity have entered into a tender, jointly, to provide security work for a company listed on the Hungarian stock exchange. "We are looking forward to working with BG2000's dedicated personnel. The purchase of BG2000 should be completed in the coming months," stated Mr. Simone President of Intersecurity Holdings Corp. Closing of the transaction will be subject to the completion of Intersecurity's due diligence and execution of a definitive acquisition agreement within the next 60 days. For additional information please contact Equitable Research (USA) at +1 (954) 281-8266 or visit www.ixsv.com. About BG2000 Kft. BG2000 is ISO 9002 certified. Its clients include several malls and shopping centers, high tech companies and logistic centers, private companies, offices and buildings and a state owned company. BG2000 includes amongst its services : human manpower and electronic devices, armed guarding, deployment of electrical security systems. Safe Harbor Statement: This press release may contain forward looking statements. The words 'estimate', 'possible' and 'seeking' and similar expressions identify forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks. Intersecurity Holdings Corporation (OTC PK: IXSV) has signed a letter of intent to acquire up to 100% of the issued and outstanding shares of BG2000 Kft. BG2000 provides security services in and around Budapest, by providing its own personnel as well by utilizing sub-contracting companies; BG2000's current contracts call for over 250 security personnel. "Being part of the Intersecurity brand will give us increased recognition. Both myself and Mr. Simone are of the belief that combining our companies will benefit all involved," added Mr. Kenig, Manager of BG2000 Kft. In addition, both BG2000 and Intersecurity have entered into a tender, jointly, to provide security work for a company listed on the Hungarian stock exchange. "We are looking forward to working with BG2000's dedicated personnel. The purchase of BG2000 should be completed in the coming months," stated Mr. Simone President of Intersecurity Holdings Corp. Closing of the transaction will be subject to the completion of Intersecurity's due diligence and execution of a definitive acquisition agreement within the next 60 days. For additional information please contact Equitable Research (USA) at +1 (954) 281-8266 or visit www.ixsv.com. About BG2000 Kft. BG2000 is ISO 9002 certified. Its clients include several malls and shopping centers, high tech companies and logistic centers, private companies, offices and buildings and a state owned company. BG2000 includes amongst its services : human manpower and electronic devices, armed guarding, deployment of electrical security systems. Safe Harbor Statement: This press release may contain forward looking statements. The words 'estimate', 'possible' and 'seeking' and similar expressions identify forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.
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