2004-02-02 09:30:14

Universal Guardian's Shield Defense Technologies Signs Strategic Alliance Agreement with EWA-IIT

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High-Tech Writers / Business Editors COSTA MESA, Calif.--(BUSINESS WIRE)--UGHO-- Universal Guardian Holdings Inc., (OTCBB: UGHO) has entered into a strategic alliance agreement, under its Shield Defense Technologies Inc. subsidiary, with EWA-IIT Inc. a provider of risk analysis, critical infrastructure protection and information assurance to government and transportation sectors worldwide. EWA-IIT Inc. currently has government and commercial customers, including the US Department of Defense and all military services, national intelligence and law enforcement agencies, the National Aeronautics and Space Administration (NASA) and international defense, security and banking organizations. The two-year agreement between IIT and the Company provides the framework for a worldwide strategic business development and sales alliance between both companies in the rapidly expanding global threat mitigation and security markets. "This agreement leverages the talent, resources and credentials of EWA-IIT with Universal's integrated and interoperable security systems to provide comprehensive security throughout entire threat environments," stated Michael Skellern, Universal Guardian Holdings chairman and CEO. John Lindquist, president and CEO of EWA-IIT Inc., stated, "Together, we will be able to provide modular and rapidly deployable end-to-end security for maritime, petroleum, chemical and transportation infrastructure and assets in North America, Europe and Asia Pacific." Under the terms of the strategic alliance, both companies have already begun pursuing port security projects in Europe and Asia. About Shield Defense Technologies Inc. Shield Defense Technologies Inc., a wholly owned subsidiary of Universal Guardian Holdings Inc., holds patents, patent applications, product and technology agreements, Original Equipment Manufacturing Agreements and Strategic Alliance Agreements for UGHO companies. About Universal Guardian Holdings Inc. Universal Guardian Holdings Inc. (UGHO), and its subsidiary corporations provide products, systems and services to mitigate security and terrorist threats worldwide. From integrated and intelligence, surveillance, reconnaissance systems and interoperable command and control platforms to non-lethal weapons, UGHO companies cover a wide range of security applications and markets, merging cost-effective technology and ease of use, to secure entire threat environments. About EWA-IIT Inc. EWA, the parent corporation, employs more than 1,600 people in eight operating units and associated activities around the globe to a broad range of government and commercial customers, including the US Department of Defense and all military services, national intelligence and law enforcement agencies, the National Aeronautics and Space Administration (NASA), and international defense, security and banking organizations. IIT provides critical infrastructure protection and information assurance, and vendor-neutral risk management and information security solutions to the private and public sectors that are advanced, comprehensive and effective. www.ewa-iit.com/. Safe Harbor Statement In conjunction with the provisions of the Safe Harbor section of the Private Securities Litigation Reform Act of 1995, this news release contains certain forward-looking statements pertaining to future anticipated projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this news release that are not statements of historical fact may be considered to be forward-looking statements. Written words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt" or variations of these or similar words, identify forward-looking statements. These statements by their nature are estimates of future results only and involve substantial risks and uncertainties, including those detailed from time to time in Universal Guardian Holdings Inc.'s reports filed with the Securities and Exchange Commission. There can be no assurance that actual results will not differ materially from expectations. Further information is available on the company's Web site: www.universalguardian.com. For full details, click here: www.*****************/Companies/UniversalGuardian/NewsReleases.asp. KEYWORD: CALIFORNIA INDUSTRY KEYWORD: AEROSPACE/DEFENSE GOVERNMENT AEROSPACE/DEFENSE MARKETING AGREEMENTS SOURCE: Universal Guardian Holdings Inc. CONTACT INFORMATION: Universal Guardian Holdings Inc., Costa Mesa Michael Skellern, 714-435-8951 or Dawn Van Zant, 866-735-3513 dvanzant@universalguardian.com