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Airborne Security Signs a New Contract


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November 15, 2011 12:28 ET

Airborne Security Signs a New Contract

HOLLYWOOD, FL--(Marketwire - Nov 15, 2011) - Airborne Security and Protective Services, Inc. (PINKSHEETS: [ ABPR ]) signed a new contract to provide security services at the main gate of the prestigious Sunny Isles Beach Ocean View Condominium Community. Ocean View is a luxury residential condominium community consisting of three towers and several hundred units.

Airborne is already providing the concierge and security services to one of the three towers, however, this new contract represents an opportunity and a serious vote of confidence from the additional two towers community associations. Says Jerry Deutsch, chairman of Airborne, "Over the next few months we will work diligently to establish ourselves for consideration as the only security provider for the entire community. This new contract brings additional new revenues of over one hundred and twelve thousand dollars ($112,000.00) annually and has the potential to increase our revenue by almost five hundred and fifty thousand dollars ($550,000.00) annually should we be successful in obtaining the security contracts for the two additional towers. This is just one of many new contracts that we anticipate signing between now and the New Year. While I am not happy about our current stock price I am encouraged by the dedication, loyalty and enthusiasm expressed by our staff and we will continue to work toward our goal of becoming a major provider of security services."

Airborne Security & Protective Services, Inc. ("Airborne Security"), a Florida corporation, provides professional armed and unarmed security services to commercial and residential properties and companies in South Florida under state license number B-2700095. Airborne Security's Management team has over 30 years of collective experience in the private contract guard services industry. The Company offers its service offerings statewide with the strategic intent to expand nationally. The Company also offers monitoring and integrated services utilizing CCTV technology, and access control systems to its clients.

This press release contains "forward-looking" statements as that term is defined by Section 27A of the Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act"). All statements that are included in this press release other than statements of historical fact are "forward-looking" statements. Although Airborne Security and Protective Services, Inc. believes that the expectations reflecting in these forward-looking statements are reasonable, it can give no assurance that such expectations will materialize. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward-looking statements contained in this press release.



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