Defense and Security Stocks; UPSG (TSX-V: UZZ) completes new $4.5M USD receivable financing

News about United Protection Security Group Inc. (TSX-V: UZZ)

EDMONTON - December 9, 2011 (InvestorIdeas.com Newswire) - F.V.Ramsoondar, Chief Executive Officer of United Protection Security Group Inc. ("UPSG" or the "Company"), (TSX-V:UZZ) is pleased to announce that pursuant to a press release dated October 24, 2011 , the Company has now completed its new receivable financing of up to $4.5M USD with a New York based International Lender specialized in asset-based lending.

The new facility has now replaced a $3,000,000 operating loan previously provided by a Canadian chartered bank. The Company has concurrently issued 8,000,000 common shares at $0.05 per share to Mr. F.V. Ramsoondar , CEO, in compensation for Mr. Ramsoondar giving his personal guarantee of the validity of the financial information that will be provided to the New York based financing company on an on-going basis.
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.
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. These risks are discussed in the Company's Management Discussion and Analysis and other continuous disclosure documents. As a result, actual results may vary materially from those described in the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For additional investor and media relations inquiries contact:
Fredy Ramsoondar CEO and Director
Email: fredy.ramsoondar@unitedprotection.com
Tel: 780-465-8101
United Protection Security Group Inc. is a showcase company on Investorideas.com
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Defense and Security Stocks; United Protection Security Group Inc. (TSX-V: UZZ) $20 MIllion Dollar Contract Executed

EDMONTON - December 5, 2011 (InvestorIdeas.com Newswire) - F.V.Ramsoondar, Chief Executive Officer of United Protection Security Group Inc. ("UPSG" or the "Company"), (TSX-V:UZZ) is pleased to announce that the Company has executed a contract with PTI Premium Camps ("PTI") valued in excess of $20 million dollars over the contract term.

F.V. Ramsoondar stated: "PTI Premium Camps has been a valued customer and a growth partner of the Company for several years. The execution of this significant contract adds to the confidence that PTI has with us in providing professional security services for its camps. We look forward to continuing working with PTI on its existing projects and new projects going forward."
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.
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. These risks are discussed in the Company's Management Discussion and Analysis and other continuous disclosure documents. As a result, actual results may vary materially from those described in the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For additional investor and media relations inquiries contact:
Fredy Ramsoondar CEO and Director
Email: fredy.ramsoondar@unitedprotection.com
Tel: 780-465-8101
Disclosure: UZZ is a paid advertising client on Investorideas.com and our defense portals.

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Security Stocks; United Protection Security Group Inc. (TSX-V: UZZ) - Q3 - RESULTS

EDMONTON - November 21, 2011 (InvestorIdeas.com Newswire) - F.V.Ramsoondar, Chief Executive Officer of United Protection Security Group Inc. ("UPSG" or the "Company"), (TSX-V:UZZ) is pleased to announce that the Company has released its Q3- 2011 results.
F.V.Ramsoondar states: "The quarter ended September 30, 2011 continued to reflect the results of the restructuring and cost management that was initiated earlier in the year. My focus will be to continue to build profitability back into the Company, which will enable my team to deliver on our growth strategies.
(1) EBIITDA = Earnings before interest, impairment, taxes, depreciation and amortization
(2) EBIITDAS = Earnings before interest, impairment, taxes, depreciation and amortization and share-base payments.

Pursuant to a press release dated October 24, 2011, the Company is in the process of closing a new receivable financing facility of $4.5 USD million dollars, which does not impose any financial covenants. The Company's current receivable financing facility is capped at $3 million CAD and imposes a financial covenant that is currently in breach. Mr. Ramsoondar has executed a personal guarantee for the new facility and will be issued 8 million common shares of the Company at $0.05 per share as compensation. This $400,000 non-cash cost will be reflected in the Company's Q4-2011 results. The new facility will enable the Company to finance its organic growth plans effectively.
Revenue
Revenue was $8,758,376 for the third quarter 2011 compared to $8,496,968 for the comparative period, an increase of $261,408 or 3.08%. The increase in revenue is primarily related to sales and marketing efforts the Company deployed over the last two financial quarters.
Gross margin
Gross margin was $1,635,321 (18.67%) for the third quarter 2011 compared to $1,463,313 (17.22%) for the comparative period. The increase in gross margin is attributed to controlling overtime costs and managing other operational costs effectively.
Operating costs
Operating costs remain consistent at $7,123,055 for the third quarter 2011 compared to $7,033,655 for the quarter 2010.
Selling and administrative expenses ("S&A")
S&A totalled $1,233,212 for the third quarter 2011 compared to third quarter 2010 at $1,407,511, reflecting a decrease of $174,299 or 12.38%, the direct impact of the management cost-restructuring plan implemented in May 2011.
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.
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. These risks are discussed in the Company's Management Discussion and Analysis and other continuous disclosure documents. As a result, actual results may vary materially from those described in the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For additional investor and media relations inquiries contact:
Fredy Ramsoondar CEO and Director
Email: fredy.ramsoondar@unitedprotection.com
Tel: 780-465-8101
Disclosure: UZZ is a paid advertising client on Investorideas.com and our defense portals.

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Security and Defense Stocks; United Protection Security Group Inc. (TSX-V: UZZ) - Alarm Monitoring Appointment

EDMONTON - November 17, 2011 (InvestorIdeas.com Newswire) - F.V.Ramsoondar, Chief Executive Officer of United Protection Security Group Inc. ("UPSG" or the "Company"), (TSX-V:UZZ) is pleased to announce that the Company has appointed Mr. Ray Wilderman as Vice President of Alarm Monitoring and Intelligent Video Analytics Systems.

F. Ramsoondar states " Mr. Wilderman was an Executive Manager with VOXCOM Security Systems for over 10 years; during his tenure there, VOXCOM grew to be the fourth largest Alarm Monitoring Security Company in Canada and was independently ranked as one of the fastest growing companies in Canada, servicing over 100,000 customers. He has been involved with numerous entrepreneurial businesses, from start-ups to public offerings, and has extensive experience in recurring revenue business models and was the architect of very successful Alarm Monitoring Dealer and Acquisition Programs."
F. Ramsoondar further states "Mr. Wilderman also has an extensive background in working with the major oil and gas, telecommunications, utilities and transportation companies locally and abroad. I look forward to the growth of our Alarm Monitoring recurring revenue line with his appointment."
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.
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. These risks are discussed in the Company's Management Discussion and Analysis and other continuous disclosure documents. As a result, actual results may vary materially from those described in the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For additional investor and media relations inquiries contact:
Fredy Ramsoondar CEO and Director
Email: fredy.ramsoondar@unitedprotection.com
Tel: 780-465-8101
United Protection Security Group Inc. (TSX - V: UZZ)
5909 - 83rd Street, Edmonton, Alberta T6E 3Y4
Telephone (780) 465-8101
Disclosure: UZZ is a paid advertising client on Investorideas.com and our defense portals.

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Investorideas.com - Security Stocks; UPSG (TSX-V: UZZ) secures Ontario Agency License

Investorideas.com - Security Stocks; UPSG (TSX-V: UZZ) secures Ontario Agency License
Security Stocks; UPSG (TSX-V: UZZ) Secures Ontario Agency License

Edmonton, Alberta CANADA - November 9, 2011 (InvestorIdeas.com Newswire) - United Protection Security Group Inc. (TSX-V:UZZ) ("UPSG" or the "Company"), is pleased to announce that the Company has been granted an Agency Licence to provide Security Guard and Investigator Service in the Province of Ontario.

The Company has designated two initial branch locations in Toronto and Ottawa. Mr. Donald Robertson, with over 30 years experience in the physical security industry, has been appointed to the region and will be responsible for the growth of the Ottawa branch operation. Mr. Don Dassanayake, the current business development representative of the Company in Ontario will be responsible for the growth of the Toronto branch operation.

Mr. Ramsoondar states "with the licence to operate in Ontario and experienced management with successful track records in the industry, particularly in Ontario, we are now in a position to continue our expansion strategy across Canada."

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.
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. These risks are discussed in the Company's Management Discussion and Analysis and other continuous disclosure documents. As a result, actual results may vary materially from those described in the forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For additional investor and media relations inquiries contact:
Fredy Ramsoondar CEO and Director
Email: fredy.ramsoondar@unitedprotection.com
Tel: 780-465-8101

United Protection Security Group Inc. (TSX - V: UZZ)
5909 - 83rd Street, Edmonton, Alberta T6E 3Y4
Telephone (780) 465-8101

Disclosure: UZZ is a paid advertising client on Investorideas.com and our defense portals.

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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

Defense Stock News Alert; Aethlon Medical, Inc. (OTCBB: AEMD) $6.8 Million DARPA Award

Point Roberts, WA - November 3, 2011 - Investorideas.com, an investor research portal covering multiple stock sectors including defense and security stocks, reports on Aethlon Medical, Inc. (OTCBB: AEMD) $6.8 Million Defense Advanced Research Projects Agency (DARPA) contract to develop a therapeutic device to reduce the incidence of sepsis, a fatal bloodstream infection that is often the cause of death in combat-injured soldiers.

Aethlon Medical, Inc. (OTCBB: AEMD), the pioneer in developing therapeutic filtration devices to address infectious disease and cancer, announced in October that it has been awarded a $6.8 million contract from the Defense Advanced Research Projects Agency (DARPA) to develop a therapeutic device to reduce the incidence of sepsis, a fatal bloodstream infection that is often the cause of death in combat-injured soldiers. The contract program will utilize the Aethlon ADAPT™ system as a core technology component underlying an extracorporeal blood purification device that selectively clears multiple sepsis-enabling particles from circulation to promote recovery and prevent sepsis. The resulting device, which is being advanced under DARPA's Dialysis Like Therapeutics (DLT) program, is expected to dramatically decrease the morbidity and mortality of sepsis, thereby saving thousands of lives and billions of dollars in the United States each year. Under the DLT program, Aethlon will also introduce a novel blood pump strategy to reduce or eliminate the systemic administration of anticoagulants normally required during extracorporeal device therapies. Worldwide, more than 18 million cases of sepsis are reported every year, with more than six million resulting in death.
The stock ran to $0.12 following the news in October and is currently trading at $0.08- $0.09.
Company Snapshot:
Aethlon Medical, Inc. (OTCBB: AEMD)
The Aethlon Medical mission is to create innovative medical devices that address unmet medical needs in cancer, infectious disease, and other life-threatening conditions. Our Aethlon ADAPT™ System is a revenue-stage technology platform that provides the basis for a new class of therapeutics that target the selective removal of disease enabling particles from the entire circulatory system. The Aethlon ADAPT™ product pipeline includes the Aethlon Hemopurifier® to address infectious disease and cancer; HER2osome™ to target HER2+ breast cancer, and a medical device being developed under a contract with the Defense Advanced Research Projects Agency (DARPA) that would reduce the incidence of sepsis in combat-injured soldiers and civilians. For more information, please visit www.aethlonmedical.com.
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Defense and Security Stocks; UPSG (TSX-V: UZZ) Secures New Financing Facility

Edmonton, Alberta CANADA - October 24, 2011 (InvestorIdeas.com Newswire) - United Protection Security Group Inc. (TSX-V:UZZ Venture), F.V.Ramsoondar, Chief Executive Officer of United Protection Security Group Inc. ("UPSG" or the "Company"), (TSX-V: UZZ) is pleased to announce that the Company has entered into a new receivables financing agreement with an international lender based in New York City. The new facility will allow the Company to pay out its existing lender and will also provide more working capital flexibility for planned growth.

The new facility limit will be $4.5M USD, compared to the $3M CAD limit the Company has with its current lender. The new facility does not impose any financial ratio covenants, and is secured by a corporate guarantee and also a by personal guarantee of the Chief Executive Officer of the Company. In consideration for the personal guarantee, the Company's board of directors has agreed to issue 8 million common shares at a price of $0.05 per share to Mr. Ramsoondar, subject to the closing of the transaction and approval of the TSX Venture Exchange. Upon the completion of this transaction Mr. Ramsoondar's shareholdings will exceed 15% of the total issued and outstanding shares of the Company.
The international lender also has term debt and equity financing facilities, which the Company will consider utilizing for its acquisition growth strategies.
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.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view this release as a web page, please click on the following link:
http://www.usetdas.com/pr/united10242011.htm
United Protection Security Group Inc. (TSX - V: UZZ)
5909 - 83rd Street, Edmonton, Alberta T6E 3Y4
Telephone (780) 465-8101
To view this release as a web page, please click on the following link:
http://www.usetdas.com/pr/unitedprotection09302011.htm
Source: United Protection Security Group Inc. (TSX-V: UZZ) http://www.unitedprotection.com
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