NEWPORT BEACH, Calif.--(BUSINESS WIRE)--June 28, 2004--Universal Guardian Holdings, Inc. (OTCBB:UGHO - News), a full service provider of security products and services to mitigate terrorist, criminal and security threats for governments and businesses worldwide, announced today that it has completed the acquisition of Strategic Security Solutions International Limited (SSSI). The financial terms of the acquisition were not disclosed.
With current annualized revenues of approximately $4 million, SSSI provides strategic and tactical security services to established and emerging governments, military services, multi-national corporations and high profile business and individual clients around the globe. SSSI's clients include the U.S. Department of State, the U.S. Army, Exxon Mobil, BAE Systems, Raytheon, Coca Cola, Bechtel, Standard and Chartered Bank, the Indonesian National Police, the Argentine Foreign Ministry and many other government and private agencies.

"Specializing in high-risk markets and the inherent security challenges of those environments requires the highest level of expertise and performance. SSSI operators have the most advanced training and specialized operational skills in the world," commented Bruce Braes, Managing Director of SSSI.

SSSI services include, but are not limited to the following:

Maritime and Port Security
Threat and Vulnerability Assessments
Security Planning and System Design
Executive Protection and Travel Risk Management
Tactical Armed Security
Assets in Transit
Crisis Management, Contingency Planning, Incident Management and Evacuation
Executive and Diplomatic Protection and Training
Physical Security Training
Weapons and Self-Defense Training
Government Training
SSSI, headquartered in the United Kingdom, will operate as a business unit within Universal's subsidiary, Secure Risks. The Company will provide comprehensive risk solutions and strategic security services to governments and industries from regional hubs located in London, Paris, Cyprus, Kabul, Cape Town, Jakarta, Hong Kong, Los Angeles (Newport Beach), with plans to open offices in Washington, D.C., Baghdad, Iraq, and Caracas, Venezuela in the upcoming months.

Mr. Braes, SSSI's Managing Director, stated, "The continuing instability in Iraq, along with the spread of terrorist attacks across the world, has led to an increasing number of advisory warnings by the U.S. State Department, the British Foreign Office and many other foreign ministries. Governments, companies and individuals are finding it increasingly more difficult to assess and mitigate risk, while safely continuing their operations."

"The complexity of today's threat environment, is forcing the decision-makers responsible for resolving risk and security issues to increasingly rely on professional security organizations that can immediately deliver clear and measurable security benefits. Security Risk Management, by demand, analyzes workings of every stratum of day-to-day living, both in conditions of normality as well as disaster. As a result it demands a much higher level of expertise, and a wider scope are required to address these issues than the resources that most companies or governments presently have at their disposal," continued Mr. Braes.

"I believe that Secure Risks is positioned to provide such resources to not only the commercial and governmental sectors but also to the NGO community and private individuals who appreciate the need for vigilance," stated Mr. Skellern. "We have assembled a premier team of international experts who draw experience from senior positions in United Kingdom Customs Investigative Branch, London Metropolitan Police -- Special Branch, U.S. Central Intelligence Agency, Drug Enforcement Administration, Royal Canadian Mounted Police -- Counterterrorism, Canadian Intelligence and Security Service, South African Military Intelligence, U.S. Navy SEALs, U.S. Army Special Forces and British Special Air Services (SAS)."

"Through the global presence of Secure Risks coupled with the international experience of our consultants and multi-cultural of our organization, we will be able to provide our clients world-class security solutions," commented Mr. Skellern.

About Strategic Security Solutions International Limited

SSSI provides strategic and tactical security services to major and newly organized governments, militaries, multi-nationals and high profile governments and business clients in every corner of the world. SSSI specializes in high-risk markets and the inherent security challenges of those environments requiring the highest level of expertise and performance. www.strategicssi.com

About Universal Guardian Holdings, Inc.

Universal Guardian Holdings, Inc. (UGHO) and its subsidiary companies provide a comprehensive range of security products, systems and services designed to mitigate terrorist and security threats to corporate and government assets. From strategic and tactical security services, business risk solutions, interoperable security systems, to non-lethal defense products, UGHO companies cover a broad spectrum of security applications for government and industry from operations on every continent. www.universalguardian.com

Safe Harbor Statement:

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 website: www.universalguardian.com.

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Contact:
Universal Guardian Holdings, Inc.
Michael J. Skellern, 949-861-8295
or
CCG Investor Relations
Alireza Saifi, 818-789-0100 (Investor Relations)