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Monday, February 28, 2011

Security Stocks; United Protection Security Group Inc. (TSX-V: UZZ) grants Options to Directors

Edmonton, Alberta CANADA - February 28, 2011 (InvestorIdeas.com Newswire) - United Protection Security Group Inc. (UZZ - TSX Venture), (UPSG or the Company), a Canadian based company trading on the TSX Venture Exchange, announces that at a meeting of the Directors held on February 16, 2011, the Company has granted 100,000 stock purchase options to each of Messrs. Fredy Ramsoondar, Gary Jones and Gerry Davies in accordance with the policy of the Company to grant options to newly elected directors upon a once-only basis following their election to the Board. The exercise price of each option was set above the closing price of the Company's common shares as of February 16, 2010. The total of 300,000 newly granted stock purchase options have a life of two years with immediate vesting from the grant date and are exercisable at a price of $0.10 (10c) per stock option.
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.
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.
#212, 8711A - 50th Street,
Edmonton, Alberta T6B 1E7
Source: United Protection Security Group Inc. (TSX-V: UZZ) http://www.unitedprotection.com
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