SOURCE: Airborne Security & Protective Services, Inc.

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.

Contact Information

  • Contact:

    Airborne Security & Protective Services, Inc.
    Investor and Press Relations
    561-962-4124