SOURCE: Blue Line Protection Group

Blue Line Protection Group

May 11, 2016 08:00 ET

Blue Line Protection Group Launches Vaulting Services Division to Provide Clients Secure Currency Storage and Processing

DENVER, CO--(Marketwired - May 11, 2016) - Blue Line Protection Group, Inc. (OTCQB: BLPG), a leader in providing armed protection, regulatory compliance and secured transportation services to high-value asset industries, today announced its new Vaulting Services Division to provide secure storage and processing solutions for clients across Colorado.

"We're responding to the needs of a growing number of cash-intensive businesses seeking secure currency storage," said Daniel Allen, Blue Line's Chief Executive Officer. "We've seen increased interest from the local business community in a third-party, secure currency storage solution, and part of this is driven by the growth of the legal cannabis industry here in Colorado. Blue Line's new Vaulting Services Division will enhance our ability to mitigate the risks posed to businesses that operate primarily through cash transactions."

"Blue Line's new facility and Vaulting Services Division will also serve the needs of regional financial institutions seeking an alternative for currency transportation and processing for their clients," added Mr. Allen.

Blue Line manages security operations for Colorado's most prominent lawful cannabis dispensaries and cultivation facilities. The Vaulting Services Division will offer personal and business currency vaulting services, as well as safe deposit box storage, and will be integral to its new operations headquarters located near downtown Denver and scheduled to open within the next month.

"As we near the opening of our new facility and our services expand across Colorado, our clients have expressed the desire for a centralized, secure facility to store their currency," said Ricky G. Bennett, Blue Line's Vice President of Operations and Compliance. "Currently, many of these business owners are left without banking solutions and are forced to store their cash inside their businesses, or even inside of their own homes. Transporting tens or hundreds of thousands of dollars in cash to their personal residences in unsecured vehicles only invites potential criminal elements into their neighborhoods. Blue Line minimizes the risks to these business owners, as well as to the community at large, by creating a central, secure facility to accommodate their cash storage needs."

Blue Line has already established relationships with financial institutions across Colorado by providing on-site compliance investigations, helping banks comply with federal "know your customer" requirements. Blue Line will be able to transport currency from these banking customers directly to its centralized, secure location for processing, reducing the risk inherent with banks accepting hundreds of thousands of dollars through its teller windows. Blue Line employs primarily former law enforcement and military personnel to provide protection and armored transportation services to clients throughout Colorado.

"We're protecting our businesses, we're protecting our financial institutions, and we're protecting our communities," added Mr. Allen. "Our new Vaulting Services Division brings a much needed measure of security and peace of mind to cash intensive businesses and persons with assets in need of secure storage."

Blue Line is now accepting applications from persons, businesses and financial institutions interested in its vaulting services. Contact Blue Line at 800-844-5576, or email Blue Line's Vaulting Services Division at Vaulting@BlueLineProtectionGroup.com for more information.

About Blue Line Protection Group, Inc.
Blue Line Protection Group provides armed protection, professional compliance and investigative services, and secure transportation services to individuals, businesses and government entities who need to protect their licenses and business investments or who require professional protection services for their employees, clients and physical assets. The company's security operators, investigations personnel and consulting staff are trained professionals with significant experience in law enforcement and the United States armed forces. For more information, visit www.BlueLineProtectionGroup.com.

Safe Harbor Statement
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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