Garda World Security Corporation
TSX : GW

Garda World Security Corporation

February 17, 2009 09:00 ET

Garda Cash Logistics Names Two Industry Veterans as Sales Executives for its Northeast and Midwest Regions

MONTREAL, QUEBEC, CANADA--(Marketwire - Feb. 17, 2009) - Garda Cash Logistics (TSX:GW), America's second largest cash logistics provider, announced today the appointment of two senior sales executives. Rebecca L. Podraza has been named Vice President of Sales for the Midwest Region and John D. Waters Vice President of Sales for the Northeast Region.

Mr. Waters succeeds Karl Harman who has been named Vice President of Business Relations for the Northeast Region where he will work with relationship and client managers to expand business opportunities within Garda's existing customer base.

In their positions, Ms. Podraza, formerly from Loomis, and Mr. Waters, formerly from Dunbar, are responsible for sales and P&L business development responsibility for their respective regions. The 16-state Northeast region extends from Maine to Maryland and west to Pennsylvania with 18 branch offices. The 12-state Midwest region extends from Minnesota to Virginia and west to Kansas with 35 branch offices.

Ms. Podraza has held a variety of senior positions at Loomis, including Vice President of Banking Services, Market Development Manager, and most recently as the Midwest Region Sales Manager.

"Rebecca is a senior sales and marketing executive with an outstanding record of driving sales growth, successfully introducing new lines of business and managing high performance sales teams," said Jamie Rutherford, Senior Vice President, Midwest Region. "Through her career, she has demonstrated the entrepreneurial spirit and talent that is essential for success at Garda."

Before joining Garda, Mr. Waters was Regional Vice President of Sales for Dunbar's Northeast and Central Regions. He began his career at Chrysler Financial Corporation where he managed customer service for the credit department.

"John brings 20 years of experience and success in all aspects of sales, account management and customer relations," said Vincent Modarelli, Executive Vice President, Northeast Region. "Throughout his career, he has achieved recognition for superior performance and will bring that high caliber sales management to Garda."

Garda Cash Logistics provides comprehensive cash management services, including armored transportation, cash vault processing, ATM services, CashLINK cash management and EvenExchange change order services for banking and retail customers. Garda helps customers, predominantly financial institutions and multi-unit retailers operating cash-intensive businesses manage and grow their companies. Garda uses innovative technology and logistical expertise to securely and efficiently move and manage cash and other valuables so customers enjoy greater productivity and profitability.

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.gardacashlogistics.com.

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