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Press ReleaseHollingsworth Joins SGI Protective Services as Chief Operating OfficerDALLAS, Sept. 26, 2005 -- SYSTEMSgroup, Inc., an operating business unit of SAFEguard Security Holdings, Inc. (OTC: SSYH), and a provider of security service personnel and electronic security systems announced today that Kenneth D. Hollingsworth, former Property Manager for Cushman & Wakefield at Bank of America Plaza - Dallas, joins its SGI Protective Services Division (http://www.sgi-us.com) as Chief Operating Officer. Mr. Hollingsworth served as Property Manager at the Bank of America Plaza, Dallas' tallest high-rise for nine years, where one of his many duties involved overseeing the security operations at the 72 story icon.Photo: http://www.ereleases.com/pr/2005-KDHollingswoth.jpg Michael Lagow, President & CEO of SYSTEMSgroup and Board Member of SAFEguard stated, "Ken established one of the most successful security applications for one of the tallest skyscrapers in the southwestern United States. He integrated the security hardware, software and personnel to provide a systematic approach, and created a protective fortress for one of the nation's largest real estate firms. Ken has been a client for years and we are thrilled to have him as part of our senior management team." Brown Glenn, Chief Executive Officer of SAFEguard Security Holdings, Inc., the parent company to SYSTEMSgroup, added, "Ken brings a level of talent to our business model that is critical. He understands our clients' needs for securing their real estate assets and incorporating our converged suite of security services." "Joining the SGI Protective Services team is a perfect fit. Our expertise and service philosophies mesh perfectly and we intend to bring a much-needed fresh new approach to asset protection and customer service for our clients. I've been on both the management and guard services side of this business and I know the quality needed to effectively accommodate our clients' needs for large real estate enterprise," says Mr. Hollingsworth. Prior to his Property Management career, Mr. Hollingsworth managed the security operations for several of Dallas' prestigious real estate properties including Renaissance Tower, Energy Plaza, 8080 N. Central, The Plaza at Las Colinas and Valley View Shopping Center. His experience extends to both military and civilian sectors. Mr. Hollingsworth performed nine years of military service both nationally and overseas in the security communications field and possesses over thirty years of expertise in the asset protection field. SGI Protective Services offers an unparalleled level of expertise through an integration platform which utilizes a converged suite of services for both physical and electronic security assets. About SYSTEMSgroup (http://www.systemsgroup-us.com) SYSTEMSgroup is a single source security solutions provider, integrating technical and physical security staffing assets. The company's services include a full suite of electronic security systems, maintenance and technical support services, and a full range of physical security personnel through its SGI Protective Services division. Nationwide operations are directed from its offices in Dallas, Houston, New York and Atlanta. About SAFEguard Security Holdings, Inc. (http://www.safeguardsecurityholdings.com) SAFEguard is a fully integrated sole-source security solutions provider. The company offers a converged suite of physical and electronic security services through its operating subsidiaries, SYSTEMSgroup, Inc., SGI Protective Services, Inc., and Superior Protection, Inc. It provides corporate and government clients with a wide range of security services ranging from highly-trained armed and unarmed guards to the design, installation and maintenance of sophisticated digital security systems. Operations are directed from its headquarters in Houston, TX. Forward-Looking Statements: Statements which are not historical facts contained in this release are forward-looking statements, such as "immediately accretive" that involve risks and uncertainties, including but not limited to, the effect of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements. The information herein is subject to change without notice. SYSTEMSgroup shall not be liable for technical or editorial errors or omissions contained herein. Contact: SGI Protective Services, Inc. A business unit of SYSTEMSgroup, Inc., Dallas, TX, USA Martin Cramer, 214-922-9040 martin.cramer@sgi-us.com Source: SYSTEMSgroup, Inc. |
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