SOURCE: Stronghold Industries

February 12, 2007 09:40 ET

Stronghold Announces New Board and Executive Appointments

SANTA MONICA, CA -- (MARKET WIRE) -- February 12, 2007 -- Stronghold Industries, Inc. (PINKSHEETS: SGDS) today announced that it has enhanced its board and management team to better position it as a government subcontractor.

Tony W. Breeden, JD has been appointed as a director and as President. Mr. Breeden had previously served as the company's Sr. Vice President since October of 2006. Barry Jahn, President of the company's Hawaiian joint venture focusing on the government subcontracting arena, has joined the Stronghold Advisory Board. Robert Perea has resigned from the board of directors and as President of the corporation. He will continue to work with Stronghold as a consultant to Moore Protection Inc., Stronghold's Security Unit.

Don Moore, Stronghold Director and Security Unit President, said, "This was a preplanned move that Robert Perea has long championed. Over the long term, we believe these changes will strengthen our management as we expand into the government subcontracting market.

"To our customers: Nothing will change for Moore Protection on a day to day basis. Our operating team remains intact and we will continue to provide world class customer service as the fastest growing and most innovative residential security firm in our market."

"We are giving Tony the reigns because he has proven, over a relatively short period of time, to be a dynamic and resourceful executive, and a perfect person to lead Stronghold into its new phase of growth," added Moore.

About Stronghold Industries, Inc.

Stronghold, a portfolio company of CorpHQ, Inc. (PINKSHEETS: COHQ), provides end-to-end premium intelligent home solutions to its rapidly growing client base in the most affluent areas of Southern California. Through a horizontally integrated strategy encompassing a wide range of technologies and disciplines, Stronghold is positioning itself as a leading supplier of premium home technologies and services.

Forward-Looking Statements

Any statements made in this press release that are not based on historical facts are "forward-looking statements," as such term is defined in the Private Litigation Reform Act of 1995. Although such statements are based on management’s current estimates and expectations, and currently available competitive, financial, and economic data; forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our previously released Voluntary Annual and Quarterly Reports, and in particular the discussions contained under "Risk Factors."

Contact Information

  • Contact:
    Stronghold Investor Relations Dept.
    (310) 683-0410