SOURCE: Airborne Security & Protective Services, Inc.
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November 12, 2008 07:00 ET
Airborne Security Announces Significant Gains in Third Quarter Business
Forecasts Continuing Growth in Revenues and Results
MIAMI, FL--(Marketwire - November 12, 2008) - Airborne Security & Protective Services, Inc.
(PINKSHEETS: ASPV) (the "Corporation") announced today that its third
quarter fiscal results showed the continuing rapid growth in its business.
Revenues for the first 9-months of 2008 were $1,300,000 (prox.) and have
surpassed total revenue for 2007 which was $1,200,000 (prox.). In
addition, 2008 annualized revenues are on pace to reach or exceed
$2,000,000, a projected year-over-year increase exceeding 65%.
Jerry Deutsch, a Principal of the company, stated, "In the markets that we
serve, we have seen, and are continuing to see an increasing demand for the
full spectrum of our security services. Our reputation for both
competitive prices and superior skilled personnel is helping us to gain new
clients in what for many businesses is a difficult economic climate."
About Airborne Security & Protective Services, Inc.
Airborne is a recognized leader in the Security Industry, with over 30
years experience in the field of private contract security. It is the
recipient of the prestigious Five Star Award for performance and integrity
given by the National Association of Security Officers. Airborne's
executive team prides itself on providing professional armed and unarmed
security service to a range of commercial and residential properties and
companies including airports, airlines, banks, manufacturers, national
retail stores, shopping centers, construction sites, gated communities, and
luxury residential high rise buildings. (State of Florida License:
B2600095)
Airborne Security specializes in providing advanced security services
featuring the most advanced technology available to the industry. Our
security experts can provide electronic security audits, develop electronic
security countermeasures, advanced monitoring systems, and other security
features that use advanced technology to enhance security in the following
areas:
-- Crime Prevention/Threat Assessments
-- Facility Security (commercial and residential)
-- Diplomatic/VIP Security
-- Private Investigations
-- Event Security
-- Crisis/Emergency Security Management
Safe Harbor Statement
Certain statements set forth in this press release constitute
"forward-looking statements." Forward-looking statements include, without
limitation, any statement that may predict, forecast, indicate, or imply
future results, performance or achievements, and may contain the words
"estimate," "project," "intend," "forecast," "anticipate," "plan,"
"planning," "expect," "believe," "will likely," "should," "could," "would,"
"may" or words or expressions of similar meaning. Such statements are not
guarantees of future performance and are subject to risks and uncertainties
that could cause the company's actual results and financial position to
differ materially from those included within the forward-looking
statements. Forward-looking statements involve risks and uncertainties,
including those relating to the Company's ability to grow its business.
Actual results may differ materially from the results predicted and
reported results should not be considered as an indication of future
performance. The potential risks and uncertainties include, among others,
the Company's limited operating history, the limited financial resources,
domestic or global economic conditions -- activities of competitors and the
presence of new or additional competition and conditions of equity markets.