New security introduced to counter rising theft

Safeguard Security Holdings, Inc., a provider of corporate, industrial and residential security solutions, announces today that its subsidiary, SYSTEMSgroup Protective Services, implements new security technology services with its largest utility client.

R. Michael Lagow, CEO for Safeguard, stated, “We work closely with our client to mitigate certain types of theft. Due to the rising cost in copper, certain facilities are at significant security risks. Our team has designed a security technology solution to help reduce the threat and diminish its effects ongoing power utility operations. We are pleased to announce implementation of this program as it will significantly shrink losses in their remote facilities located throughout Texas.”

Shelly Anderson, Vice President, Operations, added, “We continue to expand our services in all areas including investigations, background checks, security staffing and security technology. Last quarter, we invoiced approximately $400,000 in additional security services outside of our base contract. Our services continue to expand with our client’s needs on an ongoing basis.”