ATLANTA, Jan. 10, 2013 /PRNewswire/ -- East Coast Diversified Corporation (OTC.BB:ECDC) announces today that its subsidiary, EarthSearch Communications International, has signed a new Master Licensee Agreement with Halogen Security.
The three-year Agreement, which takes effect this month, grants Halogen the exclusive right to sell EarthSearch's integrated RFID/GPS software platform to end users and recruit distributors within its West African sales territory. This territory includes all 16 countries within the Economic Community of West African States (ECOWAS).
"Halogen is a leader in the field of professional security solutions," ECDC CEO Kayode Aladesuyi said. "Their outstanding reputation, long history of success and diverse client base across key sectors of the Nigerian and West African economies made them an ideal candidate for a Master Licensee Agreement. The leadership at Halogen takes its professional security business very seriously, and we are confident they will be successful as an EarthSearch Master Licensee."
With seven regional offices across Nigeria and a state-of-the-art training academy with bases localized to regional operations, Halogen Security has been a cutting edge provider of total integrated security solutions since 1992. They offer risk management, investigations, armed response units, guard services, event security and state-of-the-art monitoring across verticals including oil and gas, telecomm, banking, manufacturing and more.
"With a long-standing active membership in the Nigerian Institute of Safety Professionals, Halogen is a well-respected and well-connected industry leader," EarthSearch Sales Manager Andrew Seawell said. "We feel very strongly that this new partnership will help drive sales in the West African region and be successful for years to come."
Halogen leadership said it is excited the two corporate entities have come to the table to offer maximum value to the Nigerian and West African markets.
"Halogen has a lot to show for the partnership with EarthSearch in order to extend the frontiers of service to the market," Halogen Security Managing Director/CEO Wale Olaoye said. "We have, among several things to our credit, a large and widespread clientele, highly competent personnel and an ISO quality and standards certification at the highest levels attainable by any Nigerian security company. All of this only stands to improve through the relationship with EarthSearch because we can now partner to offer better technologically innovative solutions like monitoring, response, asset tracking and more. That translates into a secure, peace of mind value proposition for our market."
About East Coast Diversified Corporation (ECDC.OB) - ECDC is a holding corporation with a diversified group of technology companies. Its business portfolio includes companies offering technology for logistics and asset management, media entertainment, transportation safety and social media applications.
About Halogen Security – Halogen Security Company Limited is a Nigerian indigenous security company that has been in operation for more than two decades, during which time it has attracted and retained valued clients from inception to date and acquired vast experience in all facets of security for all sectors of the economy.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
East Coast Diversified Corporation
Halogen Security Company Limited
+234 1 8700025
SOURCE East Coast Diversified Corporation