Garda World Security Corporation
TSX : GW

Garda World Security Corporation

April 08, 2010 09:15 ET

Garda Wins C$60 Million Contract With a Group of Health Care Related Centers

MONTREAL, QUEBEC--(Marketwire - April 8, 2010) - Garda Security Group, a subsidiary of Garda World Security Corporation (TSX:GW) (Garda), one of the most trusted Physical Security, Cash Logistics and Global Risk Consulting firms in the world, announced today that the company has been awarded a contract valued at up to C$60 million over five years for the provision of comprehensive security services to a group of healthcare related-centers in the greater Montreal area.

Under the terms of the contract, Garda will manage specialised security services, utilizing its high quality approach, training and operational standards across 11 health centers, hospitals and youth centers. Garda will ensure that the right security solution is delivered for each site's unique requirements. With its comprehensive and unique approach to human resources management, Garda is looking forward to providing the facilities with the most innovative solutions to health care staffing.

In securing the contract, Garda participated in a rigorous bidding process and was selected for its depth of expertise and experience in providing premium security services for health care organizations across Canada.

"As health care facilities respond to the increased demands caused by the H1N1 virus and the requirement for a high level of security, Garda's comprehensive approach to security services is particularly well-suited to helping manage these kinds of specialized operations," says Marc-Andre Aube, Chief Operating Officer for Garda Canadian Physical Security. "The group of health care centers was particularly impressed with Garda's expanded concept of security service, staffing model and the depth of our experience in meeting the unique needs of health care facilities".

This contract started on April 1st 2010 and will be contributing positively to this year's earning results.

FORWARD-LOOKING STATEMENTS

Certain statements in this press release may constitute forward-looking information within the meaning of securities laws. Forward-looking information may relate to Garda's future outlook and anticipated events, business, operations, financial performance, financial condition or results and, in some cases, can be identified by terminology such as "may"; "will"; "should"; "expect"; "plan"; "anticipate"; "believe"; "intend"; "estimate"; "predict"; "potential"; "continue"; "foresee", "ensure" or other similar expressions concerning matters that are not historical facts.

ABOUT GARDA

Garda (TSX:GW), one of the largest integrated physical security and cash logistics firm worldwide on an annualized revenue basis, is well known for addressing complex security issues. As a leading provider in security services, Garda is recognized as one of the fastest growing companies with operations across Canada, the United States, Latin America, Europe, the Middle East, Africa, and Asia. With approximately 45,000 dedicated professionals, Garda offers integrated solutions in cash logistics, physical security, global risk consulting and pre-employment screening. Its team includes specialists and some of the most highly qualified and best-trained experts in the industry. For more information, visit: http://www.gardaglobal.com, http://www.gardacashlogistics.com and http://www.garda-world.com.

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