Garda World Security Corporation
TSX : GW

Garda World Security Corporation

July 10, 2008 09:00 ET

Garda Announces Long-Term Union Agreements in Quebec and Ontario With Its Largest Unions

MONTREAL, QUEBEC--(Marketwire - July 10, 2008) - Garda Security Group, Canada's premier physical security company and a subsidiary of Garda World Security Corporation (TSX:GW) (Garda), one of the most trusted consulting, investigation and security firms in the world, is pleased to announce today it has successfully concluded long-term contract negotiations with its two largest unions in Canada, United Steelworkers.

The new labor agreements, which cover 6,700 Garda physical security officers, will provide better employment conditions over the five year life of the contract in Quebec and four years in Ontario while helping Garda remain highly competitive.

"We are extremely pleased with these new contracts, which were ratified by 93 percent of the union membership in Ontario and 76 percent in Quebec," said Garda Vice President of Human Resources Robert Champagne. "In this time of economic uncertainty, our clients and employees can be assured of reliable delivery of quality services and secure employment.

"Our emphasis is to provide superior quality service to our clients performed by an excellent and dedicated staff," Mr. Champagne continued. "These new agreements enable us to achieve that objective. With our 50,000 worldwide dedicated professionals and historically excellent relations with several different unions across Canada, we look forward to continued growth and success."

About Garda

Garda, the fifth largest integrated physical security and cash logistics firm worldwide on an annualized revenue basis, is well known for addressing complex security and investigations issues. As a leading provider in consulting, investigation and security services, Garda is recognized as one of the fastest growing companies with operations across Canada and the United States, Latin America, Europe, the Middle East, Africa, and Asia. With approximately 50,000 dedicated professionals, Garda offers integrated solutions in cash logistics, physical security, consulting and investigations, and enterprise intelligence services. 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 and http://www.garda-world.com.

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