NEWPORT BEACH, Calif., Oct. 13 /PRNewswire-FirstCall/ -- Universal Guardian Holdings, Inc. (OTC Bulletin Board: UGHO - News), a full service provider of security products and services to protect against terrorist, criminal and security threats to governments and businesses worldwide, announced today unaudited revenue of $2 million for the 3rd Quarter 2004.
"We are expanding corporate operations and generating revenue opportunities in key markets around the world," stated Michael Skellern, Chairman and CEO of Universal Guardian Holdings, Inc. "Our strategy of driving top-line revenue from expanding global security operations while we establish non-lethal product distribution channels in these markets is proceeding as planned," continued Mr. Skellern.
"We intend to maintain this momentum by capturing new government contracts and security assignments from leading multi-national corporations," stated Michael Stannard, Managing Director and Chief Operating Officer of Secure Risks Ltd. "Our recent corporate meetings in Zurich, Switzerland proved to be the catalyst in demonstrating our tremendous depth of talent and corporate resources available to our international management team and their clients," added Mr. Stannard.
About SecureRisks Limited
SecureRisks, a wholly owned subsidiary of Universal Guardian Holdings, Inc, is a London headquartered, global security management company providing counterterrorism advice, security management training, business risk solutions, anti-counterfeiting, and intellectual property infringement support, tactical security and critical infrastructure protection in today's most challenging environments; from regional hubs located in London, Los Angeles (Newport Beach), Zurich, Dubai, Kabul, Cape Town, Singapore, Jakarta, and Hong Kong, with offices in Washington, D.C. in the coming months. www.SecureRisks.com
About Shield Defense International
Shield Defense International (SDI), a wholly-owned subsidiary of Universal Guardian Holdings, Inc., designs and produces non-lethal weapons and projectiles that are designed for use in environments where mobility, accuracy, and dependability are paramount, and meet existing consumer, homeland security, military and law enforcement use-of-force requirements. Shield Defense non-lethal weapons will provide law enforcement and military commanders with a variety of offensive and defensive options to address appropriate threat conditions in today's growing global security and terrorist environment. www.ShieldDefense.com
About Universal Guardian Holdings, Inc.
Universal Guardian Holdings, Inc. (UGHO) and its subsidiary companies provide a comprehensive range of security products, systems and services designed to protect against terrorist and security threats to corporate and government assets. From strategic and tactical security services, business risk solutions, interoperable security systems, to non-lethal defense products, UGHO companies cover a broad spectrum of security applications for government and industry from operations on every continent. www.UniversalGuardian.com
Safe Harbor Statement:
This news release contains certain forward-looking statements pertaining to future anticipated projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this news release that are not statements of historical fact may be considered to be forward-looking statements. Written words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," or variations of these or similar words, identify forward-looking statements. These statements by their nature are estimates of future results only and involve substantial risks and uncertainties, including those detailed from time to time in Universal Guardian Holdings, Inc.'s reports filed with the Securities and Exchange Commission. There can be no assurance that actual results will not differ materially from expectations. These risks factors include potential customer interest in the sale and production of Cobra StunLight® and Python Defender(TM).
Further information is available on the Company's website: www.UniversalGuardian.com.
Investor Relations Contact:
Investor Relations Department
Universal Guardian Holdings, Inc.
4695 MacArthur Court, Suite 300
Newport Beach, CA USA 92626
+1 949.861.8295 ext. 211
Company Contact:
Michael J. Skellern, Chief Executive Officer
Universal Guardian Holdings, Inc.
4695 MacArthur Court, Suite 300
Newport Beach, CA USA 92626
+1 949.861.8295
