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News

Security Services For Distributor of Natural Gas

Safeguard Security Holdings : 10 June, 2010  (Application Story)
Safeguard is providing protective services to a large US natural gas distributor as part of the company's offering of secure services for the utilities industry in America
Safeguard Security Holdings announces that its subsidiary, SYSTEMSgroup Protective Service, has expanded its services to one of the nation's largest natural gas distribution companies.

Max Cook, Vice President of Engineering for Safeguard, stated, "SYSTEMSgroup Protective Services will begin work this month developing an emergency response plan under the guidelines of the Homeland Security initiative for our new natural gas client. We see an emerging market in 'business continuity' programs throughout the energy market to include natural gas utility companies and petro-chemical facilities. Energy companies are facing mandates to be in compliance under the guidelines of new government regulations requiring Chemical Facility Anti-Terrorism Standards (CFATS)." Cook added, "Based on our findings, we provide energy clients with integrated solutions that include security staffing, security protection technologies, remote video monitoring, design and engineering of the overall security initiative."

Michael Lagow, CEO for Safeguard, stated, "This segment of our business is slated to produce an additional $2 million in this fiscal year with 10% pre-tax profits to our bottom-line. We have matured our relationships in the energy sector and our potential for significant growth is substantial." Lagow added, "For security reasons and confidentiality purposes, we are restricted from releasing the name of our client at this time."
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