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  GUARDSMARK, LLC REPORTS RECORD REVENUES FOR SECOND QUARTER AND FIRST SIX MONTHS OF FISCAL YEAR 2006  
   
NEW YORK, March 24, 2006 - Guardsmark, LLC, one of the world’s largest security services firms, today announced record revenues for the second quarter and first six months of Fiscal Year 2006. These records are based entirely on organic growth.

Revenues for the quarter ended December 31, 2005 increased 16.7 percent, to $136,833,759, over the same quarter in 2004. Revenues for the six months ended December 31, 2005 increased 14.6 percent, to $269,489,363, over the same period in 2004. On a calendar year basis, revenues for the 12 months ended December 31, 2005 increased 10 percent to a record $510,838,237.

Known for visionary industry leadership and innovation since its founding by Ira A. Lipman in 1963, Guardsmark has created uncompromising standards of excellence that result in superior service and value. Guardsmark’s commitment to unmatched, sustained excellence and quality has resulted in its achieving an annual compound growth rate of 11 percent for the past 28 years, an extraordinary feat that has been accomplished without a single acquisition.

Guardsmark, with a record 19,000 employees, is the largest employer of former FBI agents in the world. Many who were leaders in the FBI are now among the company’s managers, including some of America’s top experts in counterterrorism, executive protection, workplace violence and organized crime.

Further, Guardsmark announced it has earned ISO 9001:2000 registration covering all of its offices, the only large internationally-based security services firm to have earned registration of its quality management system for 100 percent of its branches for both service and design. ISO 9001:2000 is the global gold standard for quality management, against which an organization’s quality system is measured. What sets Guardsmark’s ISO 9001:2000 registration apart from that of other security services firms is the establishment of a higher measurement program through the design of unique and unusual solutions for its clients.

Guardsmark believes that business, industry and institutions must coordinate their efforts with the government - at the federal, state, and local levels - to prepare for, or prevent, the threats presented by terrorism, natural disasters, global pandemics, biological threats and cyberterrorism. The company provides innovative and value-added security services such as business continuity planning and risk assessment to many Fortune 1000 companies and enjoys what is believed to be the highest customer-retention rate in the industry, achieved by consistently focusing on client service and exceeding expectations. Guardsmark’s security professionals provide clients with comprehensive solutions that address risk management and safety as well as physical security. The men and women who represent Guardsmark throughout the world are employed by Guardsmark.

Joining Guardsmark is a career choice and not just a job. The company has built a highly skilled and stable work force by offering team members a superior benefits package as well as numerous opportunities for learning, advancement and recognition.

Privately held Guardsmark has more than 155 offices throughout the United States, in Canada, Puerto Rico, the United Kingdom and France. For more information, go to www.guardsmark.com.

   
  Growth without acquisition  
Revenue for the first nine months of fiscal year 2003, ended March 31, 2003, was a record $348,596,523, an increase of 3.6% over the prior fiscal year's first nine months.
During the quarter, Guardsmark introduced "The Time for Urgency is Now" advertisements, appearing in Fortune, The New York Times, The Washington Post and other publications. The ads warn against inaction, urging "the more you do, the safer you are."
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