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News

Additional Security Service to Power Utility companiestest

Safeguard Security Holdings : 26 April, 2010  (Application Story)
Systemsgroup Protective Service has added additional services to one of its major clients in the Power Utility services sector
Safeguard Security Holdings announces that its subsidiary, SYSTEMSgroup Protective Service, continues to expand its security services for its largest utility client.

Shelly Anderson, Vice President of Operations, stated, "This is one of the most significant contract additions for security staffing that we have added to our book of business this year. Our client is most pleased with our team's performance and dedication to providing a class of service unmatched in the industry."

Michael Lagow, CEO for Safeguard, stated, "Our largest utility client has continued to expand services with us since renewal of our contract last year. Homeland Security sets the security guidelines for power utility companies and our client continues to better its security initiatives to meet or exceed the required standards. Our monthly revenue has increased over 30% per quarter since renewing their contract, giving us a run rate in excess of $38 million for the contract term." Lagow added, "We see significant growth in the energy sector over the next five years and we are building our team accordingly."
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