SOURCE: Family Entertainment Corporation

September 16, 2008 08:30 ET

Family Entertainment Corporation Changes Name, Stock Symbol and Announces Reverse Common Stock Split

BOCA RATON, FL--(Marketwire - September 16, 2008) - Family Entertainment Corporation (PINKSHEETS: FMLE) (the "Corporation") announced today that it had amended its Articles of Incorporation to change its name to "Airborne Security & Protective Services, Inc.," ("Airborne") to coincide with a change in business strategy and its merger with Airborne. As a result, effective September 16, 2008, the new trading symbol of the Corporation's common stock on the Pink Sheets will be "ASPV"(PINKSHEETS: ASPV). In addition, effective on the same day, the Company has reverse split its common stock 50 to 1, with fractional shares rounded up to the next highest share.

About Airborne Security & Protective Services, Inc.

Airborne Security & Protective Services, Inc. provides professional armed and unarmed security services to commercial and residential properties and companies in South Florida. Its management, headed by Mathilda and Jerry Deutsch, has over 30 years of collective experience in the private contract guard services industry and is the recipient of the prestigious Five Star Award for performance and integrity by the National Association of Security Officers (NASO).

Jerry Deutsch added, "The Airborne security team is a force to be reckoned with, and competition has laid the ground work for our success. When it comes to our clients there is no such thing as second best. We are out there constantly conceptualizing, strategizing and implementing the most effective and cost efficient security programs for our clients. Today we need drastic steps for troubled times, as our country is experiencing uncertainty in so many major issues, and as this nation faces a bleak economic outlook. The need for security is greater then ever. It is for this reason that Airborne has plans of expanding to every sector of the security industry."

Airborne Security's business plan extends its service offerings statewide and eventually nationwide. It also intends to offer electronic monitoring and integrated services utilizing CCTV technology, and access control systems to its clients. Its Mission Statement is to become a leading, profitable, branded professional armed and unarmed security services company on a national level.

Safe Harbor Statement

Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.

Contact Information

  • Contact:

    Airborne Security & Protective Services, Inc.
    Investor and Press Relations