United Finalizes Joint Venture with Lil’wat Nation
EDMONTON, March 11 – S. Jorstad, Chairman, President and CEO of United Protection Security Group Inc. (UPSG or the Company), a Canadian based company, trading on the TSX Venture Exchange (TSX-V: UZZ) is pleased to announce pursuant to a previous press release dated December 24, 2007, the Company has now signed a three year formal joint venture agreement with the Lil’wat Nation and T’musta7 Aboriginal Consulting Services, its lead negotiator. This joint venture agreement will allow UPSG to explore new business opportunities involving the provision for security officer training, deployment, housing of security personnel and other business opportunities that may arise in the period of time preceding, during, and following the 2010 B.C. Winter Olympics. The agreement, establishes the roles of UPSG, the Lil’wat Training and Employment, Recruitment and Training Service and their lead negotiator and addresses responsibilities and the equal distribution of equal revenues and profits.
Mr. Don Allan, Chief Operating Officer of United Protection Services Inc., the wholly owned subsidiary of UPSG states, “this joint venture is only the first of several anticipated, and we believe that the many business opportunities associated with the 2010 Olympics will provide both short term and long term meaningful employment to members of the Lil’wat Nation”. He further states, it is our desire to work closely with the Lil’wat Nation to ensure that all parties of this joint venture benefit financially from the arrangement and more important, the creation of long term sustainable businesses for its members post Olympics periods.
About United Protection Security Group Inc.
United Protection Security Group Inc. is an established security protection company; focused on high impact, high visibility, and high risk security situations, coupled with one of the broadest ranges of traditional private security services in the industry.
Delivering 21st Century Solutions to centuries old problems through a network of ‘Elite Private Protection Professionals’.
Pro – Active and Progressive Management has moved the company into the ranks of, one of, the most dynamic security companies in Western Canada. With a strong foundation and a dedicated professional management team, we are moving forward into the next level in our development strategy.
United Protection Security Group Inc. is committed to providing its clients with a “superior quality service” at a competitive price. It is further committed to providing its employees and associates with the assistance, support, and opportunity to maximize their individual potential for excellence, peak performance and personal growth. It is the Company’s policy and highest priority to protect the health and welfare of all its clients and employees and their respective property.
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The TSX Venture Exchange has neither approved nor disapproved the information contained herein.
Dated March 11, 2008
On behalf of the Board of Directors
United Protection Security Group Inc.
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