Intersecurity Holdings Corp., in Discussions with Escort Kft, One of Hungary's Leading Security Companies
August 08 2007 - 3:33PM
Business Wire
Intersecurity Holdings Corporation (PINKSHEETS: IXSV) is pleased to
announce that its Hungarian subsidiary, BG2000 Kft. has entered
discussion with one of Hungary�s leading security firms, Escort
Kft. Escort Kft is considered one of Hungary�s market leaders in
security and protection services. �We are very happy that a company
of this stature is interested in our security expertise and believe
this will further open up doors for us in Hungary,� stated Andras
Nagy, President of Intersecurity. Dr. Toth Ference, from Escort
Kft., stated, �We are excited about the opportunity to work with
BG2000 in terms of training our personnel. In the past we have
discussed with BG2000 to use their skilled instructors to train our
security people that are stationed at government facilities
throughout Hungary.� Intersecurity Holdings acquired the majority
position in BG2000 in February of this year. Intersecurity
Corporate Office and BG 2000 offices are located at Nagydiofa u
19.1 EM4, 1072 Budapest. For additional information please contact
Equitable Research (USA) at�+1 (954) 281-8266 or visit
www.ixsv.com. About BG2000 Kft. BG2000 is ISO 9002 certified. Its
clients include several malls and shopping centers, high tech
companies and logistic centers, private companies, offices and
buildings and a state owned company. BG2000 includes amongst its
services: human manpower and electronic devices, armed guarding,
deployment of electrical security systems. About Escort Kft. Escort
Kft. is one of Hungary�s leading security firms. The Company�s
services includes facility protection, securing events, personal
protection, international and domestic consignment escorting,
installation of security technology, training, audits, and crisis
management for its clients. The Company�s clients include the
Hungarian State Treasury, Phillip Morris Magyarorszag, Schneider,
Electric, and others. "Safe-Harbor" Statement: Under the Private
Securities Litigation Reform Act of 1995. This press release may
contain forward-looking information within the meaning of Section
21E of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), including all statements that are not statements
of historical fact regarding the intent, belief or current
expectations of the Company, its directors or its officers with
respect to, among other things: (i) the Company's financing plans;
(ii) trends affecting the Company's financial condition or results
of operations; (iii) the Company's growth strategy and operating
strategy; and (iv) the declaration and payment of dividends. The
words "may," "would," "will," "expect," "estimate," "anticipate,"
"believe," "intend," and similar expressions and variations thereof
are intended to identify forward-looking statements.
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