SOURCE: Bullzi Security, Inc.

November 12, 2007 10:00 ET

Bullzi Security - Third Quarter Revenue of $313K Increased 165% From Same Period Last Year and 14% From Prior Quarter

LAKE MARY, FL--(Marketwire - November 12, 2007) - Bullzi Security Inc. (PINKSHEETS: BLLZ), a leading converged security provider, said Monday that revenue for the third quarter ended September 30, 2007 was $313K, an increase of approximately 165% from the $118K reported for the same period last year and an increase of 14% over the prior quarter.

Thomas Welch, co-founder and President of Bullzi Security, says, "We are pleased to be hitting our revenue targets and expect continued growth for the foreseeable future. The increase in revenue is attributable to improved sales in the North American and European markets. In addition to increased revenue, we're also experiencing increased profit margins on exports due to the weak American dollar."

"There are a number of reasons why we're experiencing these positive results, cited Welch. In the early part of 2007, we set some lofty revenue targets and we're hitting those targets. Regulatory programs such as Gramm-Leech-Bliley, Sarbanes-Oxley, NERC, HIPAA and others demand that security safeguards and countermeasures be deployed, thus the market opportunities are increasing and are expected to continuing increasing through 2010 and beyond. In a nutshell, Bullzi Security has the products and services that our clients require!"

Welch went on to say that "We're expecting a number of new contracts to be signed this quarter, which should result in the best quarter in the company's history. This applies to both revenue and profitability. We're very excited about the year-to-date results, but even more excited about the future success of the company as we drive continuous improvement on all of our key initiatives. We will be issuing a mid-quarter statement regarding our fourth quarter projections within the coming weeks."

About Bullzi Security Inc.

Bullzi Security ( is a leader in providing 'converged' security solutions. Through its consulting services and integrated delivery systems, Bullzi Security helps to minimize threats to its clients' assets, facilities, personnel and information systems. As a full service security firm, Bullzi Security offers compliance programs, information security services, physical security solutions, security education programs, document security and investigative services. Bullzi Security brings a unique set of skills and experience to ensure that its clients receive the most comprehensive, cost-effective security services available. The Bullzi Security trading symbol is (PINKSHEETS: BLLZ).

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