Garda World Security Corporation
TSX : GW

Garda World Security Corporation

July 15, 2009 09:01 ET

Garda Announces Long-Term Union Agreement at Toronto Airport

Provides Stability Across its Canadian Operations

MONTREAL, QUEBEC, CANADA--(Marketwire - July 15, 2009) - Garda World Security Corporation (TSX:GW) (Garda), one of the most trusted cash logistics, physical security and global risk consulting firms in the world, is pleased to announce today it has successfully concluded long-term contract negotiations with the Canadian Airport Workers Union (CAWU).

The new three-year labor agreement covers approximately 1,400 Garda screening officers at Toronto's Pearson International Airport, maintaining a sustainable relationship between Garda and its screening professionals and their long-term employment at Canada's busiest airport and one of North America's largest airports.

"We are extremely pleased with this agreement which assures Garda's continued focus on quality screening services to protect Canada's traveling public," said Allan Bentley, Garda Senior Vice President, Security Screening Operations.

"We now have agreements in place, averaging 3.5 years, with all of our unions representing close to 100% of our unionized employees in Canada," said Marc-Andre Aube, Garda Chief Operating Officer, Physical Security. "This provides Garda with continued labour peace across our Canadian operations for the coming years and also demonstrates the importance we place on human capital."

About Garda

Garda (TSX:GW), one of the largest integrated physical security and cash logistics firms worldwide on an annualized revenue basis, is well known for addressing complex security and investigations issues. As a leading provider in security services, Garda is recognized as one of the fastest growing companies with operations across Canada, the United States, Latin America, Europe, the Middle East, Africa, and Asia. With approximately 45,000 dedicated professionals, Garda offers integrated solutions in cash logistics, physical security, global risk consulting, investigations, and pre-employment screening. Its team includes specialists and some of the most highly qualified and best-trained experts in the industry. For more information, visit: http://www.gardaglobal.com, http://www.gardacashlogistics.com and http://www.garda-world.com.

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