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Tri-S Security Makes Top 40 List of Security Companies in the U.S.; Also Selected as One of Georgia's Top 100 Public Companies
Jun 19, 2008 (08:06 AM EDT)
ATLANTA, June 19 /PRNewswire-FirstCall/ -- Tri-S Security Corp. , a provider of security services and equipment for government and private entities, has announced that the company has been listed in the Security Letter's "Top 40 Security Companies in the United States." Security Letter, published in New York City, is the oldest privately circulated newsletter concerning the protection of assets from loss. This is the second year in a row that Tri-S has made the list and was ranked 20th for 2007.
Tri-S also announced the company has been honored as one of Georgia's top 100 public companies. This is Tri-S's second year on this list, and the company is ranked 86th for 2007. The "Georgia Top 100" is published by the Atlanta Journal Constitution.
According to Ronald G. Farrell, CEO of Tri-Security, "This acknowledgement indicates how quickly we are growing and gaining recognition as a public company in the security industry. With revenues estimated at approximately $140-150 million for 2008 compared to $88.9 million for 2007, we expect to move up even further on both lists in 2008. We are pleased to have gained attention in both national security circles and in our own state as a growth company," commented Farrell.
About Tri-S Security Corporation
Based in Atlanta, GA, Tri-S Security Corp. is a provider of security services and equipment for government and private entities spanning a wide range of industries. The government sector is serviced through its wholly-owned subsidiary Paragon Systems and the private sector through its subsidiary Cornwall Group. Security services include uniformed guards, electronic monitoring systems, personnel protection, access control, crowd control and the prevention of sabotage, terrorist and criminal activities. As a leading aggregator of elite security companies, Tri-S Security is designed to build a strong enterprise in which to service a unique customer base that ensures America's safety at home and work. Tri-S Security assumes responsibility for the marketing, infrastructure and overall operational performance for its subsidiaries. Tri-S Security's management leverages highly trained government officers, experienced industry leaders, proven financial executives and infrastructure experts to consolidate the fragmented security industry into one efficient and effective security force.
This press release includes "forward-looking statements" within the meaning of the Federal securities laws. Forward-looking statements are commonly identified by such terms and phrases as "should", "expects", "plans", "anticipates", "believes", "estimates", "projects" and other terms with similar meaning indicating potential impact on our business. Although we believe that the assumptions upon which such forward-looking statements are based are reasonable, we can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from our projections and expectations are disclosed in our filings with the Securities and Exchange Commission, including the "Risk Factors" section set forth in our Annual Report on Form 10-K for the year ended December 31, 2006. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to their underlying assumptions. We do not undertake to publicly update the forward-looking statements contained herein to conform to actual results or changes in our expectations, whether as a results of new information, future events or otherwise. You may obtain and review our filings with the Securities and Exchange Commission by visiting http://www.sec.gov .
CONTACT: Ron Farrell, President of Tri-S Security Corporation,+1-678-808-1540
Web site: http://www.trissecurity.com/