SOURCE: Airborne Security and Protective Services, Inc.

December 16, 2010 09:30 ET

Airborne Security and Protective Services, Inc. (ABPR.PK) Signs Term Contracts Valued at $600,000 With Two Major Clients

HOLLYWOOD, FL--(Marketwire - December 16, 2010) - Airborne Security & Protective Services, Inc. (PINKSHEETS: ABPR) announced that they have signed two major contracts for providing security services to Ocean View Condo, a luxury high-rise condominium located in Sunny Isles Beach, Florida. Additionally, Airborne signed a contract formerly serviced by Global Trust security with an exclusive island in Miami Beach. Airborne will provide a marine patrol in addition to the regular security services on the island.

Jerry Deutsch, CEO, noted, "We are refining our growth strategy to include the acquisition of larger long term service contracts. To that end these new term contracts will add about $600,000 in gross revenues. To manage this expected growth the company will be expanding staff to include hiring a Chief Financial Officer and a Comptroller to be part of senior executive management."

The company has relocated their corporate offices to Hollywood, Florida in September 2010.

Airborne CEO Jerry Deutsche stated, "We had outgrown our offices on Biscayne and we had an opportunity to get a much larger space in a standalone building with good parking at a much lower cost. We intend to exercise our option to purchase the building in January 2011.The new office building is large enough to accommodate the increased staff we need now that our employees have increased to well over 100."

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.

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