Universal Guardian Delivers 9th Consecutive Increase in Quarterly Revenue
Universal Guardian Holdings, Inc. Press ReleaseFlashlightNews.org - 11/29/2006
Maker of Cobra StunLight reports 88% revenue increase, 151% profit rise over same period last year
Cobra StunLight
NEWPORT BEACH, Ca. - Universal Guardian Holdings, Inc. (OTC Bulletin Board: UGHO), an emerging global leader in non-lethal protection products, integrated transportation and global supply chain security systems and strategic security services to protect against terrorist, criminal and security threats to governments and businesses worldwide, announced today that it has delivered its 9th consecutive increase in quarterly revenue for Q3 2006 with revenue of $5,445,961.
"We have delivered quarter over quarter revenue growth and expect this to continue as our Company begins to launch a series of new non-lethal products and a global supply chain RFID system." stated Michael Skellern, Universal Guardian's CEO. "We believe these new products and systems will accelerate our Company's revenue growth and deliver a substantial increase in gross profit in 2007," Mr. Skellern added.
"Our Q3 2006 financials continue to reflect solid gains in revenue and gross profit," stated Randy Jones, Universal's CFO. "Our third quarter results represent an 88% increase in revenue and 151% increase in gross profit over the same period last year," added Mr. Jones.
About Universal Guardian Holdings
Universal Guardian Holdings, Inc. (UGHO) and its subsidiaries provide a comprehensive range of security products, systems, and services designed to mitigate terrorist and security threats worldwide. Universal Guardian's global risks mitigation group includes strategic and tactical security services, integrated global supply chain visibility and security systems for government and industry, as well as non-lethal and tactical products for law enforcement, military, professional security and consumer markets. Universal Guardian companies features a wide variety of applications that provide cost- effective, end-to-end solutions and critical security services for government and multi-national businesses from operations on every continent.
For more information regarding Universal Guardian and its product, visit: www.UniversalGuardian.com.