Garda World Security Corporation
TSX : GW

Garda World Security Corporation

November 10, 2010 13:01 ET

Garda Signs International Code of Conduct for Private Security Providers

MONTREAL, QUEBEC--(Marketwire - Nov. 10, 2010) - Garda World Security Corporation (TSX:GW) (Garda), one of the most trusted Physical Security, Cash Logistics and Global Risk Consulting firms in the world, announced today it is a founding signatory of the International Code of Conduct for Private Security Providers, which establishes standards and mechanisms for effective governance and oversight of the private security industry. 

Oliver Westmacott, President and Chief Operating Officer of the GardaWorld Global Risk Consulting Group, signed the document at a ceremony held in Geneva, Switzerland on November 9, 2010.

The Code is the result of an initiative which began in June 2009 by industry associations, corporations and business leaders with the assistance of the Government of Switzerland and in consultation with the governments of the United Kingdom and the United States. Participating companies pledge to respect human rights, actively oversee the activities of security personnel and work to prevent harm to civilians in "complex environments" such as post-conflict zones and regions experiencing natural disasters, civil unrest or state-less absence of rule of law.

"The implementation of this Code of Conduct represents a significant maturation of the private security industry," said Stephan Cretier, President and CEO. "As the demand for the services we provide around the world has grown tremendously, Garda has been at the forefront of establishing rigorous standards and strong governance. Thanks to the participation of human rights organizations, NGOs and other stakeholders working with private security companies, the Code of Conduct is the basis upon which our industry will conduct itself with integrity, transparency and full accountability. It will ultimately enable governments and businesses to assess and use only those private security firms that adhere to these essential standards of conduct."

ABOUT GARDAWORLD GLOBAL RISK CONSULTING GROUP

GardaWorld is a trusted security partner offering global risk consulting, market entry strategy, project risk assessment, contingency planning, close protection, crisis response, and risk analysis services to major relief agencies, corporations, and governments around the world. We focus on and assist our clients in achieving their strategic business objectives within a clearly defined operational framework and help them in delivering government sponsored aid programs, infrastructure development, governance support, economic development and national elections support. For more information on GardaWorld, visit http://www.garda-world.com

ABOUT GARDA

Garda (TSX:GW) is a global provider of cash logistics, global risk consulting and physical security 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.

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