United in negotiations to expand in the USA

Jan 29, 2008, 00:00 ET from United Protection Security Group Inc.

    EDMONTON, Jan. 29 /PRNewswire-FirstCall/ - S. Jorstad, Chairman,
 President and CEO of United Protection Security Group Inc. (UPSG or the
 Company), a Canadian based company, trading on the TSX-Venture Exchange,
 under the symbol (TSX-V: UZZ) announces that it has entered into a
 non-binding term sheet with respect to the purchase of a major U.S. based
 Security Services provider.
     Final details of the proposed acquisition will be determined on
 completion of the formal agreement. Annual sales of the target company were
 just under $100,000,000.US in 2007. The purchase price, for a controlling
 interest, is proposed to involve cash, shares and a vendor take-back. Cash
 to close is intended to be raised through a share offering led by a major
 investment banking firm and other investment firms by way of prospectus.
     Mr. Jorstad states that this acquisition, which provides both man guard
 and electronic video surveillance services with multi branch offices in the
 US, will provide United Protection Security Group Inc. with the link it has
 been looking for in the US market, as well as greatly expand its video
 surveillance and monitoring operations. Closing of the transaction is
 targeted for March 31, 2008.
     This transaction is subject to reaching agreement on the terms and
 conditions in a definitive purchase agreement and will require approval
 from the Board of Directors of UPSG and the TSX-Venture Exchange.
     About United Protection Security Group Inc.
     United Protection Security Group Inc. is an established security
 protection company focused on high impact, high visibility, and high risk
 security situations, coupled with one of the broadest ranges of traditional
 private security services in the industry.
     Delivering 21st Century Solutions to centuries old problems through a
 network of 'Elite Private Protection Professionals'.
     Pro-Active and Progressive Management has moved the company into the
 ranks of one of the most dynamic security companies in Western Canada. With
 a strong foundation and a dedicated professional management team, we are
 moving forward into the next level in our development strategy.
     United Protection Security Group Inc. is committed to providing its
 clients with a "superior quality service" at a competitive price. It is
 further committed to providing its employees and associates with the
 assistance, support, and opportunity to maximize their individual potential
 for excellence, peak performance and personal growth. It is the Company's
 policy and highest priority to protect the health and welfare of all its
 clients and employees and their respective property.
     Certain statements contained in this press release, including
 statements which may contain words such as "could", "should", "expect",
 "anticipate", "believe", "will", and similar expressions and statements
 relating to matters that are not historical facts are forward looking
 statements. Such forward looking statements involve known and unknown risks
 and uncertainties which may cause the actual results, performances or
 achievements of UPSG to be materially different from any future results,
 performances or achievements expressed or implied by such forward looking
 statements. Such factors include changes in external market conditions,
 demand for the company's services, availability of capital, the company's
 ability to attract and retain key personnel and other factors.
     Stock Awareness Activities
     To find out more about United Protection Security Group Inc. (TSX-V:
 UZZ), visit our website at www.unitedprotection.com
     To join the 'request for information', 'email alert' data base, go to
 the web page www.unitedprotection.com and click the tab 'request
 information' and follow the Prompts.
The TSX Venture Exchange has neither approved nor disapproved the information contained herein. (Signed) ---------------------------- Sig Jorstad President United Protection Security Group Inc.

SOURCE United Protection Security Group Inc.