SOURCE: Somerset International Group, Inc.
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March 14, 2008 08:45 ET
Somerset International Group Featured in EQUITIES Magazine
Article Highlights Company's Acquisition Strategy and Success in Security Industry; Piece Details How Secure System Improves Safety On Campuses and Other Institutions
BEDMINSTER, NJ--(Marketwire - March 14, 2008) - Somerset International Group, Inc. (OTCBB: SOSI) (www.somersetinternational.com), a security technology company, was
featured in the March 2008 issue of EQUITIES magazine.
The article, titled "Securing Profits at the Press of a Button" and written
by Brian Hill, provides an overview of Somerset and its portfolio
companies, Secure System, Inc., Meadowlands Fire, Safety, and Electrical
Supply Co., Inc./Vanwell Electronics, Inc., and Fire Control Electrical
Systems, Inc. The article highlights Secure System, which provides a
personal alarm locator, or PAL, device that acts as a preventative feature
in crime and health emergencies, allowing security forces to respond
quickly to emergency situations.
Hill writes, "Because there are very few companies in direct competition
with its Secure System subsidiary, Somerset believes that it provides the
premier products and services demanded by education, medical, and
commercial facilities for keeping employees, faculty, and students safe.
Until now, security was in the hands of traditional call boxes, which are
not only inconvenient, but don't continuously track a fleeing user."
The article quotes Somerset Chief Executive Officer John X. Adiletta: "Our
ability to offer a full range of security products and services to
enterprise and institutional clients will put us ahead of our competition,
which does not have the advantage of our proprietary technology. Current
growth goals include maintaining a 10% to 15% organic growth annually,
acquiring three additional security technology companies, and achieving a
revenue run-rate of at least $50 million within the next three years."
"We are pleased to be published in EQUITIES magazine, as it reaches a broad
audience within the global financial community," said Mr. Adiletta. "The
article defines our strategy and goal to continue expanding through
acquisition, while maintaining organic growth."
About Somerset International Group, Inc.
Somerset International Group, Inc. finds undervalued technology investments
aligned around the exponential growth in concern and demand for security
and the acquisition of profitable and near-term profitable private small-
and medium-sized businesses that provide proprietary security products and
solutions for people and enterprises -- from personal safety to information
security. Additional information about the company is available at:
http://www.somersetinternational.com.
About Secure System, Inc.
Secure System, Inc. provides personal alarm systems, wireless transmitters
and receivers, and personal alarm locators. The company currently serves
colleges and universities and medical and mental health facilities. Its
products are also easily adaptable for office campuses, residential
facilities, and correctional facilities. The system works by providing an
individual with a wireless personal alarm locater with which they can
summon help and be located by the pressing of a button. Additional
information about the company is available at:
http://www.securesysteminc.com.
About Meadowlands Fire, Safety, and Electrical Supply Co., Inc./Vanwell
Electronics, Inc.
Meadowlands and Vanwell specialize in the distribution, sale, installation
and maintenance of fire and security equipment and systems that include
fire detection, video surveillance, and burglar alarm equipment.
Meadowlands and Vanwell have similar product availability from distinct
manufacturers. This affords the opportunity to provide a wide array of
specified equipment with the flexibility to offer cost effective alternates
when appropriate. The products encompass complete lines of fire, CCTV
(closed circuit TV), communications and PA systems; services include
maintenance contracts, monitoring services and system engineering.
Additional information about the company is available at:
http://www.meadowlandselec.com.
About Fire Control Electrical Systems, Inc.
Fire Control Electrical Systems, Inc. specializes in the distribution,
sale, installation, and maintenance of fire and security equipment and
systems that include fire detection, video surveillance, sound systems, and
burglar alarm equipment. Additional information about the company is
available at: http://www.firecontrols.com.
Safe Harbor Statement
Statements about our future expectations are "forward-looking statements"
within the meaning of applicable Federal Securities Laws, and are not
guarantees of future performance. When used herein, the words "may,"
"will," "should," "anticipate," "believe," "appear," "intend," "plan,"
"expect," "estimate," "approximate," and similar expressions are intended
to identify such forward-looking statements. These statements involve risks
and uncertainties inherent in our business, including those set forth under
the caption "Risk Factors" in our most recent Registration Statement on
Form SB-2 dated December 6, 2006 filed with the SEC and other filings with
the SEC, and are subject to change at any time. Our actual results could
differ materially from these forward-looking statements. We undertake no
obligation to update publicly any forward-looking statement.