UNITED PROTECTION SECURITY GROUP INC. - F. RAMSOONDAR APPOINTED AS CO-CEO
December 16 2010 - 5:00AM
PR Newswire (Canada)
EDMONTON, Dec. 16 /CNW/ -- EDMONTON, Dec. 16 /CNW/ - S.Jorstad,
Chairman and Chief Executive Officer of United Protection Security
Group Inc. (UPSG or the Company), (TSX-V:UZZ) is pleased to
announces that Fredy Ramsoondar has been appointed as CO-CEO of the
Company, effective January 1, 2011. Mr.Ramsoondar has been a key
member of the management team since joining the Company in December
1999. He has been the Executive Vice President and Chief Financial
Officer since 2005, a position he will continue to hold in addition
to his new appointment. Mr. Jorstad states "Fredy's extensive
professional and industry experience enables him to contribute in a
significant way to the long term growth strategies of the Company.
His focus will be on growth in the advanced electronic security
sector which with his strong financial and business background,
will be fundamental to the Company's growth strategy over the next
five years". Mr. Ramsoondar will become involved in the development
of acquisition and strategic marketing concepts while leading the
financing and raising of capital for the Company. Mr.Ramsoondar
stated, "I'm very honoured by the confidence that the founder, Sig
Jorstad, and the Board of Directors of the Company have shown in
me. I look forward to the new challenges ahead. I am enthusiastic
about working with the rest of the Executive Management Team and
all other members of the Company in reaching our objectives in
delivering positive changes and results for all our shareholders,
clients and employees". 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', go to the web page www.unitedprotection.com and click
the tab 'request information' and follow the prompts. You may
also email Investor Relations at: iruzz@unitedprotection.com.
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. The TSX Venture Exchange has neither approved nor
disapproved the information contained herein. To view this news
release in HTML formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/December2010/16/c5716.html
pbFor additional investor and media relations inquiries
contact:/bbr/ bFredy Ramsoondar, CO-CEO, CFO, Executive Vice
President and Director/bbr/ bEmail: /bua
href="mailto:fredy.ramsoondar@unitedprotection.com"fredy.ramsoondar@unitedprotection.com/a/ubr/
bTel: 780-465-8101/b/p
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