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Friday, February 18, 2011

Security Stocks; F. Ramsoondar Appointed CEO (TSX-V: UZZ)

Edmonton, Alberta CANADA - February 18, 2011 (InvestorIdeas.com Newswire) - United Protection Security Group Inc. (UZZ - TSX Venture), is pleased to announce that Fredy Ramsoondar has been appointed CEO of the Company.
Mr.Ramsoondar has been a key member of the management team since joining the Company in December 1999 and was the Company's CFO since 2005.
The Founder and outgoing CEO S.Jorstad states, "I am proud of the growth of our Company and its accomplishments over the years. Fredy's move to the CEO's position will allow me to get back to doing what I enjoy the most, and which built the Company from inception in 1989, which is: identifying and creating business opportunities. I will continue to hold the role of Executive Chairman with responsibilities of vision and opportunity creation".
Mr.Ramsoondar states, "In my role as CEO, I will be responsible for identifying the goals of the Company, structuring business units to assist the Company to execute upon those goals, and creating efficient management for the Company's current and future operations. Within the coming weeks I will be appointing my Executive Management Team within the Company to work with me to efficiently and effectively deliver on our goals and objectives. I will also be working with the Chairman in new business opportunities".
Mr. Ramsoondar further states, "We have built a great company over the years. The Chairman and I share a strong mutual perspective that the elements we both offer the Company are truly in line and can be accomplished together with greater efficiency, as well as a higher level of scale and capacity. We both believe our past will be dwarfed by our future. I welcome the challenge in strengthening and expanding our organization's capacity and position in the marketplace".
Stock Awareness Activities
To find out more about United Protection Security Group Inc. (TSX-V: UZZ), visit our website at www.unitedprotection.com. To join the 'request for information', go to the web page www.unitedprotection.com and click the tab 'request information' and follow the prompts. You may also email Investor Relations at: iruzz@unitedprotection.com.
For additional investor and media relations inquiries contact:
Fredy Ramsoondar CEO and Director
Email: fredy.ramsoondar@unitedprotection.com
Tel: 780-465-8101
Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks related to business development and retention, and risks related to the current economic and credit conditions. As a result, actual results may vary materially from those described in the forward-looking statements.
The TSX Venture Exchange has neither approved nor disapproved the information contained herein.
United Protection Security Group Inc. (TSX-V: UZZ)
#212, 8711A - 50th Street, Edmonton, Alberta T6B 1E7
Telephone (780) 465-8101
Source: United Protection Security Group Inc. (TSX-V: UZZ) http://www.unitedprotection.com
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