Securitas protected by US SAFETY Act
Wednesday, December 14, 2005
Securitas Security Services USA has received from the Department of Homeland Security the highest level of protection afforded by the SAFETY Act. The SAFETY Act (Support Anti-terrorism by Fostering Effective Technologies Act) provides a system of risk and liability management benefits to providers of anti-terrorism products and services.
Among other benefits, this protection provides Securitas with third-party liability immunity from claims arising from acts of terrorism within the United States. This protection will also extend to Securitas' subcontractors, and, more importantly, to its clients, thereby giving Securitas' clients the SAFETY Act protection from expensive and disastrous third-party liability.
Don Walker, chairman of Security Services USA, stated, "We are very pleased to receive this approval which follows an extensive review by the Department of Homeland Security of the service standards adopted and followed by our company. We are especially pleased that this approval enables us to provide a valuable benefit to our clients, as the liability protection provided by this award flows through to them."
Further information can be obtained from:
Thomas Berglund, President and CEO +44 (0) 20 8432 6500
Håkan Winberg, Executive Vice President and CFO +44 (0) 20 8432 6500
Henrik Brehmer, Senior Vice President Investor Relations +44 (0) 20 8432 6523
+44 (0) 7884 117 192
The press release is also available on: www.securitasgroup.com
Notes to Editors:
Securitas is a world leader in security, active in more than 20 countries in Europe and North America. Securitas employs over 200,000 people and the operations are organized in five specialized divisions; Security Services USA and Security Services Europe for guarding solutions, Security Systems for integrated and high end security systems, Direct for professional and consumer alarm concepts and Cash Handling Services for cash processing, transport and ATM services. Over the past 15 years, Securitas has grown to be the world's largest security company with a market share of 8 percent of the total world market. Securitas' annual sales are approximately MSEK 60,000.
Security Services USA, a subsidiary of Securitas AB, is the largest provider of security services in the US. It is a market leader in providing security solutions, including uniformed security officers, consulting & investigations and security systems integration. Security Services USA has branch office operations throughout the US with approximately 100,000 employees. For more information about Security Services USA, visit www.securitasinc.com.
The press release can be downloaded from the following link: