Command Security Announces Contract Award
September 24 2013 - 9:37AM
Business Wire
Command Security Corporation (NYSE MKT:MOC) (the “Company”)
announced today that Aviation Safeguards, the Company’s aviation
services division, has been awarded a contract to provide security,
baggage handling and wheelchair escort services for a major
airline. The contract and has a three year term through August
2016, with annual revenues of approximately $10 million. Aviation
Safeguards is one of the nation’s largest aviation security
providers serving domestic and international carriers at major
airports across the country.
Commenting on the contract award, Scott Landry, Command’s Vice
President for Operations, said, “We are pleased to receive this
contract award which is an affirmation of our team’s on-going
performance and our partnership with airline customers. Our Command
Security and Aviation Safeguard employees demonstrate an unwavering
commitment to provide industry leading service to our customers
throughout the country. This contract also reflects our Company’s
continued investment in Aviation Safeguards’ SmartTrackerTM
program, a barcode-enabled proprietary software system to monitor,
track and ensure optimal wheelchair service performance.”
About Command Security
Corporation
Command Security Corporation and its Aviation Safeguards
division provides uniformed security officers, aviation security
services and support security services to commercial, financial,
industrial, aviation and governmental customers throughout the
United States. We safeguard against theft, fraud, fire, intrusion,
vandalism and the many other threats that our customers are facing
today. By partnering with each customer, we design programs
customized to meet their specific security needs and address their
particular concerns. We bring years of expertise, including
sophisticated systems for hiring, training, supervision and
oversight, backed by cutting-edge technology, to every situation
that our customers face involving security. Our mission is to
enable our customers to operate their businesses without disruption
or loss, and to create safe environments for their employees. For
more information concerning our company, please refer to our
website at www.commandsecurity.com.
Forward-Looking Statements
This announcement by Command Security Corporation (referred to
herein as the “Company”) contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, Section
21E of the Securities Exchange Act of 1934, and within the meaning
of the Private Securities Litigation Reform Act of 1995 about the
Company that are based on management’s assumptions, expectations
and projections about the Company. Such forward-looking statements
by their nature involve a degree of risk and uncertainty. The
Company cautions that actual results of the Company could differ
materially from those projected in the forward-looking statements
as a result of various factors, including but not limited to the
factors described under the heading “Risk Factors” in the Company’s
most recent Annual Report on Form 10-K for the fiscal year ended
March 31, 2013, filed with the Securities and Exchange Commission,
and such other risks disclosed from time to time in the Company’s
periodic and other reports filed with the Securities and Exchange
Commission. You should consider the areas of risk described above
in connection with any forward-looking statements that may be made
by the Company. The Company undertakes no obligation to publicly
update any forward-looking statements, whether as a result of new
information, future events or otherwise. You are advised, however,
to consult any additional disclosures the Company makes in proxy
statements, quarterly reports on Form 10-Q, annual reports on Form
10-K and current reports on Form 8-K filed with the Securities and
Exchange Commission, which are publicly available at the Securities
and Exchange Commission’s website at www.sec.gov/edgar.shtml.
Command Security CorporationN. Paul Brost, 703-464-4735Chief
Financial Officer
Command Security Corp. (AMEX:MOC)
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