United Protection Security Group Inc. - New Contract Awarded Valued at $1M over a Three Year Period
EDMONTON, Feb. 27, 2013 /CNW/ - F.V.Ramsoondar, President and Chief Executive Officer of United Protection Security Group Inc. ("UPSG" or the "Company"), (TSX-V: UZZ) is pleased to announce the following:
The Company has been awarded a new contract through a request for proposal (RFP) process with the Government of Alberta to service a location in Fort McMurray. The contract is for a one-year period with two one-year options to continue service deliver. The total value of the contract over the three-year period is estimated at $1,000,000.
The scope of service deliver is focused on access control and fire watch. The Company will be using its video analytics mounted on a patrol vehicle to identify temperature variance at the location. The smart video analytics will trigger a security warning via text messaging, video verification and email notification for temperature change within two degrees of a set seasonal temperature level.
Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks related to business development and retention, and risks related to the current economic and credit conditions. As a result, actual results may vary materially from those described in the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE United Protection Security Group Inc.