Guardsmark Reports Record Revenues for Second Quarter, First Six Months of Fiscal Year 2008, and Calendar Year 2007

Guardsmark Reports Record Revenues for Second Quarter, First Six Months of Fiscal Year 2008, and Calendar Year 2007

NEW YORK, Feb. 6 /PRNewswire/ -- Guardsmark, LLC, one of the world's largest security firms, today announced record revenues for the second quarter and the first six months of fiscal year 2008. For 29 years, Guardsmark has enjoyed an impressive compound annual growth rate of 10.5 percent without a single merger or acquisition.

Revenues for the quarter ended December 31, 2007 increased 4.5 percent, to $143,076,844 over the same quarter in 2006. Revenues for the six months ended December 31, 2007 increased 4.4 percent, to $287,038,447, over the same period in 2006.

For calendar year 2007, the company's revenues were $563,652,531, an increase of 2.7 percent over calendar year 2006 revenues of $548,644,041.

ABOUT GUARDSMARK

The Guardsmark brand has been synonymous with excellence since the company's founding in 1963. By employing and retaining the best-qualified security professionals and continued commitment to exceeding client expectations, Guardsmark has earned what is believed to be the highest customer retention rate in the industry.

Guardsmark believes that business, industry and institutions, particularly those that are part of the United States' critical infrastructure, must coordinate their efforts with all levels of the government to prepare for, or prevent, the threats presented by terrorism, such as suicide bombings, detonation of weapons of mass destruction or cyber attacks, natural disasters, global pandemics and biological threats. Guardsmark provides business continuity planning, an invaluable service to clients in the event of a catastrophe such as natural disaster, global pandemic or a terrorist attack. In addition, the company offers risk assessments and innovative security solutions that aid in the prevention of theft, vandalism and workplace violence.

Guardsmark also offers an assortment of value-added services directly related to improving safety, such as identifying potential fire hazards and designing emergency evacuation routes. The company's comprehensive approach to safety and risk management is reflected in its enviable experience modification factor (EMF) for worker's compensation, which has averaged .56 for the past 25 years and is believed to be the lowest in the security industry. By supporting the clients' risk management programs, Guardsmark assists in the protection of clients' employees, customers and facilities from potentially devastating human and financial loss.

Guardsmark has achieved ISO 9001:2000 registration, the global gold standard for quality management, for all of its offices. It is the only large internationally-based security services firm to have earned registration of its quality management system for 100 percent of its branches for service, selection and design, further exemplifying the company's commitment to excellence.

Joining Guardsmark is a career choice and not just a job. The company has built a highly skilled and stable work force by offering team members a superior benefits package as well as numerous opportunities for learning, advancement and recognition. In nearly 45 years of operation, Guardsmark has never subcontracted any security services - every security officer must be selected and developed according to the company's rigorous standards.

An unmatched leadership team guides these carefully selected security professionals in the identification and pursuit of compelling career paths. As the largest employer of former FBI agents in the world, among the company's managers are some of America's top experts in counterterrorism, executive protection, workplace violence and organized crime. In addition, the company employs men and women from public law enforcement, all branches of the U.S. military and former members of the U.S. Secret Service.

Guardsmark has become one of the most recognized names in private security with more than 150 offices throughout the United States, Canada, Puerto Rico, United Kingdom, France and Singapore. For more information, go to www.guardsmark.com.

Website: http://www.guardsmark.com/




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