SOURCE: Airborne Security and Protective Services, Inc.

June 10, 2010 08:52 ET

Airborne Security and Protective Services, Inc. (ABPR.PK) Signs Letter of Intent for G-Force Protective Services & Training Academy

MIAMI, FL--(Marketwire - June 10, 2010) - Airborne Security and Protective Services (PINKSHEETS: ABPR) announced today that the company has signed a letter of intent to acquire G-Force Protective Services & Training Academy, Inc., a prominent South Florida Security Agency and Security Training Academy. G-Force Protective Services and Training Academy has over 18 years of security, financial and property management experience.

Airborne CEO Jerry Deutsche indicated, "Upon completion of the deal Airborne through this acquisition will have an immediate presence in providing Security services to the lucrative and exciting film production industry. Currently G-Force is providing over one thousand hours of services weekly. This acquisition will increase Airborne's revenues by over one half of a million dollars annually. This should give us a total of $4,500,000 in annual revenues once we have integrated the recently acquired companies into our operations."

Airborne Security & Protective Services, Inc. ("Airborne Security"), a Florida corporation, provides professional armed and unarmed security services to commercial and residential properties and companies in South Florida under state license number B-2700095. Airborne Security's Management team has over 30 years of collective experience in the private contract guard services industry. The Company offers its service offerings statewide with the strategic intent to expand nationally. The Company also offers monitoring and integrated services utilizing CCTV technology, and access control systems to its clients.

This press release contains "forward-looking" statements as that term is defined by Section 27A of the Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act"). All statements that are included in this press release other than statements of historical fact are "forward-looking" statements. Although Airborne Security and Protective Services, Inc. believes that the expectations reflecting in these forward-looking statements are reasonable, it can give no assurance that such expectations will materialize. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward-looking statements contained in this press release.

Contact Information