Airborne Security and Protective Services, Inc. (ABPR.PK) Signs Letter of Intent for G-Force Protective Services & Training Acad
June 10 2010 - 8:51AM
Marketwired
Airborne Security and Protective Services (PINKSHEETS: ABPR)
announced today that the company has signed a letter of intent to
acquire G-Force Protective Services & Training Academy, Inc., a
prominent South Florida Security Agency and Security Training
Academy. G-Force Protective Services and Training Academy has over
18 years of security, financial and property management experience.
Airborne CEO Jerry Deutsche indicated, "Upon completion of the
deal Airborne through this acquisition will have an immediate
presence in providing Security services to the lucrative and
exciting film production industry. Currently G-Force is providing
over one thousand hours of services weekly. This acquisition will
increase Airborne's revenues by over one half of a million dollars
annually. This should give us a total of $4,500,000 in annual
revenues once we have integrated the recently acquired companies
into our operations."
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 305 573 0441 www.airbornesecuritycorp.net
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