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  Guardsmark announces record revenues for calendar year 2006  
   
NEW YORK, February 1 /PRNewswire/ -Guardsmark, LLC, one of the world's largest security services firms, today announced record revenues for calendar year 2006.

Guardsmark revenues for the 2006 calendar year were $548,734,336, an increase of 7.4 percent, or $37,896,099 over 2005 revenues of $510,838,237. For the past 28 years, after being a public company from 1970 to 1979, Guardsmark has enjoyed an impressive pattern of compounded double-digit growth of 11 percent without a single merger or acquisition.

Since its establishment in 1963 by Founder and Chairman Ira A. Lipman, privately owned Guardsmark has been known for its visionary leadership, innovation and uncompromising standards, which have yielded superior service and value for its customer base. The Guardsmark brand is synonymous with excellence. Referred to as the "Guardsmark Difference," the company's culture of doing things right results in precision planning for each security mission and relentless efforts to exceed client expectations at every level. The company crest displays Guardsmark's motto "Truth, Courage, Judgement" symbolizing the organization's values. Guardsmark has achieved ISO 9001:2000 registration, the global gold standard for quality management, for all of its offices. It is the only large internationally-based security services firm to have earned registration of its quality management system for 100 percent of its branches and for both service and design.

In addition to record revenues, 2006 was a record-setting year for employment. In 2006 Guardsmark employed 19,254 team members, the highest number in the history of the company. Among full-time employees, Guardsmark achieved a record low turnover rate of 34.6 percent for the year. Extending an 18-year trend of declining turnover, this impressive retention rate is much better than the industry standard and measurably better than rates published by other security companies. Factors contributing to this achievement include superior wages and benefits for Guardsmark employees plus numerous opportunities for career advancement, learning and recognition. Guardsmark 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. In addition, the company actively recruits former members of the U.S. Secret Service and CIA and men and women from all branches of the U.S. military into its management team.

Guardsmark believes that business and industry must coordinate their efforts with the government at all levels to prepare for, and respond to, threats such as terrorism, natural disasters and global pandemics. 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.

As part of its ongoing commitment to exceeding client expectations, Guardsmark offers value-added services that go beyond the normal duties typically associated with physical security. A key element is the assortment of services directly related to improving safety. Whether identifying potential fire hazards or designing emergency evacuation routes, Guardsmark security professionals can help provide analyses of the possible threats to safety at a client facility. The security officers play a pivotal role in reducing risks due to their extensive knowledge of facility layout, personnel on site, and the ongoing education they receive about the potential areas of vulnerability to their clients. The officers' constant and authoritative presence helps to ensure that the necessary safety precautions are observed. Guardsmark's comprehensive approach to safety and risk management is reflected in its enviable experience modification factor (EMF) for worker's compensation, which has averaged .55 for the past 20 years and is believed to be the lowest in the security industry. By supporting the clients' risk management programs, Guardsmark assists in the protection of clients' employees, customers and facilities from potentially devastating human and financial loss.

Guardsmark has become one of the most recognized names in private security with more than 155 offices throughout the United States, Canada, Puerto Rico, United Kingdom, France and Singapore. For more information, go to www.guardsmark.com.

   
  Supporting your education  
"Guardsmark is the company I recommend when a student walks in and says he wants to go into the security industry."
-Charles F. Wellford, University of Maryland
The Washington Post, May 14, 2002

Guardsmark has historically placed a high value upon a highly educated workforce. Our employees have attended some of the finest colleges and universities.

Download the list of college and universities in pdf format.
Guardsmark encourages and rewards excellent performance and achievement. Employees who distinguish themselves are eligible for a range of cash awards, bonuses and other company-wide recognition programs. Washington Post and other publications. The ads warn against inaction, urging "the more you do, the safer you are."
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