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December 08, 2010 at 10:58 AM EST
Airborne Security and Protective Services, Inc. (ABPR.PK) Signs Contract to Acquire Assets of CSI Security
HOLLYWOOD, FL -- (Marketwire) -- 12/08/10 -- Airborne Security and Protective Services (PINKSHEETS: ABPR) announced today that the company has acquired the assets of CSI Security. CSI has been in the security industry in South Florida for over 10 years and employs about 30 professionals on staff.
Airborne CEO Jerry Deutsche indicated, "This acquisition will increase Airborne's revenues by over $420,000 annually which contributes about $100,000 to the net income."
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.
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