Garda World Security Corporation
TSX : GW

Garda World Security Corporation

June 01, 2011 09:56 ET

Garda and IFS Services Announce Industry's First Integration of Deposit Tracking with Armored Transportation Services

MONTREAL, QUEBEC, CANADA--(Marketwire - June 1, 2011) - Garda Cash Logistics, America's premium provider and a subsidiary of Garda World Security Corporation, (TSX:GW) (Garda), one of the most trusted Cash Logistics, Security Solutions and Global Risk Consulting firms in the world, today announced the completion of an integration project with IFS Services for its DTS® Deposit Tracking System. Garda is the first cash logistics/armored transportation company to provide automated carrier pick-up and delivery information via the DTS® System.

DTS customers utilizing Garda's armored transportation services can manage the relationship through the DTS System, which provides dual verification of pick-ups, tracking of pick-up schedules with real-time notification of early, late or missed pickups, premise times, service quality auditing to monitor and record adherence to service level agreements (SLAs), and schedule optimization to improve efficiencies and reduce costs.

"This integration between DTS and Garda systems reduces armored carrier costs, improves store and carrier performance and enables faster resolution when issues arise," explains Lou Salafia, President of IFS Services. "Our customers have real-time access to information and a reliable chain of custody record for all transactions."

"Garda is pleased to be the first cash logistics/armored transportation company to provide these services to our customers," said Bruce Kayal, Garda's Vice President and Group Head, Strategic Accounts. "We continuously roll out industry leading initiatives aimed at improving information reporting that enable our clients to achieve their efficiency goals. This most recent development underpins Garda's commitment to a relentless pursuit of technological leadership, data integrity and product innovation. Today, our clients are challenging Garda to have the same level of integration, transparency and visibility that their banking partners provide for the collections and the timely access to data. All parties involved in the cash logistics supply chain, from banks and their customers to the armored transportation carriers who service them require access to real-time information. This initiative with DTS provides a reliable and effective delivery channel for Garda and our clients."

A number of Garda's corporate and retail clients are already using the new integrated system to strengthen and enhance their deposit tracking and cash logistics supply chain.

ABOUT GARDA

Garda (TSX:GW) is a global provider of cash logistics, physical security and global risk consulting services with headquarters in Montreal, Canada. The firm's 45,000 dedicated professionals, among the most highly qualified and best-trained in the industry, serve clients in countries throughout North America, Europe, Latin America, Africa, Asia, and the Middle East. The company's decentralized management philosophy and structure encourages employees to be entrepreneurial and performance-driven in their approach to client service and the pursuit of excellence in all they do. Garda's global experts take the time to fully understand their clients' business goals and objectives in order to customize solutions with strong local engagement that meet their needs. As a result, clients can improve operational performance and meet their corporate obligations. With proven experience and a commitment to ensuring the highest ethical standards in everything the Corporation does, Garda has earned a reputation for integrity, leadership, and uncompromising safety standards. Most importantly, Garda is a firm in which businesses, governments, and individual clients place their trust.For more information, visit: http://www.gardaglobal.com, http://www.gardacashlogistics.com and http://www.garda-world.com.

ABOUT GARDA CASH LOGISTICS

Garda Cash Logistics provides comprehensive cash management solutions for banking and retail businesses. The firm offers full line of cash management solutions including Secured Logistics – Armored Cash Transportation Services, CashLINK® Cash Management System, Cash Vault Services, RDCHECKTRAK Check Scanning, ATM services and EvenExchange® Change Order Processing. Garda Cash Logistics' customers enjoy the convenience and flexibility of CashTrak trace-and-tracking system, Invoice On Demand and Client Support Services that help ease them the burden of day-to-day cash management. The firm's innovative technology and logistical expertise also helpsits clients securely and efficiently move and manage cash and other valuables so they can enjoy greater productivity and profitability. For more information, visit www.gardacashlogistics.com.

ABOUT IFS SERVICES

IFS Services, Inc (IFS) is a Maryland based company specializing in the development of SAAS (web-based) solutions for the financial services and retail industries. IFS' DTS solution helps the nation's top retailers, banks and armored carriers share real-time transaction information across operational platforms improving process efficiency while enhancing corporate over-site and control. For more information about the DTS solution please visit www.aboutdts.com.

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