Garda World Security Corporation
TSX : GW

Garda World Security Corporation

November 21, 2011 09:00 ET

GardaWorld Names Major General Andrew Farquhar as Managing Director for United Kingdom Operations

Will Play Key Strategic Role with Major Clients in Government and Industry

MONTREAL, QUEBEC, CANADA--(Marketwire - Nov. 21, 2011) - GardaWorld, the Global Risk Consulting Group and subsidiary of Garda World Security Corporation (TSX:GW), announced today that it has appointed former British Army Major General Andrew Farquhar, as Managing Director of its United Kingdom operations based in London.

Major General Andrew Farquhar, 58, began his military service in 1975 when he joined the Green Howards infantry regiment and, during a 32-year career in the Army, he has commanded on operations at every level, from rifle platoon in Northern Ireland in 1975, to multi-national corps in Iraq in 2005. He has worked virtually wherever the British Army has been sent and also at the Head Offices of the Ministry of Defence and Headquarters Land Command. Most recently Major General Farquhar was the Managing Partner for the Millbrook Partnership, a consultancy firm that advises clients on intelligence, strategy and communication. He was also engaged as a crisis negotiator working with the insurance industry and the British Foreign and Commonwealth Office.

"This strategic decision to hire such an accomplished and well known individual, clearly demonstrates our commitment to further investing in our UK operations. Andrew's long and distinguished career as a military officer provides him with a wealth of expertise and knowledge to give strategic counsel to our clients in risk management in emerging markets," said GardaWorld President and Chief Operating Officer Oliver Westmacott. "He is an outstanding addition to our management team and will contribute significantly to our continued growth and success. Andrew will play a key strategic role in our ongoing support for our major UK clients such as the Foreign and Commonwealth Office, the Department for International Development as well as clients in the public and private defense industries and the oil and gas sector. "

He has served with UK Special Forces specialising in counter terrorism and surveillance. In the Balkans he led the first successful operation to uncover a mafia style gang involved in a major protection racket, also arresting the Head of the Bosnian Serb Army for a serious breach of the governing treaty. In 2004 in Iraq, he was part of the team which attempted to negotiate the peaceful return of Fallujah into the hands of the Iraqi Security Forces.

Major General Farquhar has been a Non-Executive Director for a recruitment company in Birmingham and has advised a variety of UK and international firms. He is a frequent lecturer at a variety of colleges and to industry, with his particular area of expertise being crisis management, strategic risk, leadership and negotiation.

He was appointed a Member of the Most Honourable Order of the British Empire (MBE) in 1981 and promoted to Commander (CBE) in 2003. He was awarded a Queen's Commendation for Valuable Service (QCVS) in 1995 for his service on operations. He was appointed to the Officer Grade of the United States of America Legion of Merit in 2005 for his work in Iraq. He holds eight other medals or decorations.

A graduate of Sheffield University, the Royal Military Academy Sandhurst, the Army Staff College and an alumnus of the Manchester Business School, Major General Farquhar (CBE DL B.Eng FCMI) is also a Deputy Lieutenant for Staffordshire.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain statements in this press release may constitute forward-looking information within the meaning of securities laws. Forward-looking information may relate to Garda's future outlook and anticipated events, business, operations, financial performance, financial condition or results and, in some cases, can be identified by terminology such as "may"; "will"; "should"; "expect"; "plan"; "anticipate"; "believe"; "intend"; "estimate"; "predict"; "potential"; "continue"; "foresee", "ensure" or other similar expressions concerning matters that are not historical facts. In particular, statements regarding the company's future operating results and operating profit and its objectives and strategies are forward-looking statements. These statements are based on certain factors and assumptions including expected growth, results of operations, performance and business prospects and opportunities, which Garda believes are reasonable as of the current date. While management considers these assumptions to be reasonable based on information currently available to the company, they may prove to be incorrect. The company cautions the reader that the current adverse economic conditions make forward-looking information and the underlying assumptions subject to uncertainty and that, consequently, they may not materialize, or the results may differ from the company's expectations. Forward-looking information is also subject to certain factors, including risks and uncertainties that could cause actual results to differ materially from what Garda currently expects. These factors include the growth management, the market competition, the cost of financing, government regulations, the collective bargaining, currency fluctuations, the credit risk, the reputational risk and the financial covenants risk, many of which are beyond the company's control. Therefore, future events and results may vary significantly from what management currently foresees. The reader should not place undue importance on forward-looking information and should not rely upon this information as of any other date.

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 www.garda-world.com

ABOUT GARDA

Garda (TSX:GW) is a global provider of security solutions, cash logistics and global risk consulting. 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. Garda works with clients in a broad range of sectors and industries including financial institutions, retailers, manufacturers, insurance companies, governments, humanitarian relief organizations and the natural resources, construction and telecommunications. 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, meet their business obligations, and achieve their corporate objectives. 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, businesses, governments, and individual clients place their trust in Garda. For more information, visit www.gardaglobal.com, www.gardacashlogistics.com and www.garda-world.com.

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