SOURCE: Airborne Security and Protective Services, Inc.

June 17, 2010 08:30 ET

Airborne Security and Protective Services, Inc. (PINKSHEETS: ABPR) Completes Integration With Arrow Security Corp.

MIAMI, FL--(Marketwire - June 17, 2010) -  Airborne Security and Protective Services (PINKSHEETS: ABPR) announced today that the company has completed integration of Arrow operations and Global operations with Airborne and has completed the closing of the Arrow Security Corp. acquisition on June 15, 2010.

Stan Beauchemin, Managing Director of Airborne, stated, "Arrow Security currently bills out approximately $1,560,000 per annum. This combined with the recent acquisitions will position Airborne as a premier security service company and will help us achieve our stated goals of increasing our billable hours and getting our billings to over four million ($4,000,000) dollars per annum in this fiscal year."

Rick Versace, CEO of Arrow, noted, "The acquisition by Airborne of Arrow Security Corp. presents an opportunity for the company to expand in the Palm Beach and Broward Counties. We are proud to become part of the Airborne Family of companies , and we are enthusiastic about the momentum we see as the company continues to aggressively pursue larger acquisitions."

Jerry Deutsch, Airborne CEO, also indicated that Airborne is currently negotiating with a major service provider providing security at airports and for airlines in the amount of 12,000 hrs per week which represents about $9,000,000 per annum in revenues.The firm operates in New York , Connecticut and Texas. As soon as we have a definitive agreement we will release the details."

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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