[This message has been edited by SCinFL (edited October 04, 2004).]

October 19, 2004

SecureRisks is the Only Security Management Consulting Company Currently
Licensed in the UAE to Provide a Full Range of Corporate Security Services

NEWPORT BEACH, Calif., Oct 19, 2004 /PRNewswire-FirstCall via COMTEX/ --

Universal Guardian Holdings, Inc. (OTC Bulletin Board: UGHO), a full service provider of security products and services to protect against terrorist, criminal and security threats to governments and businesses worldwide, announced today that SecureRisks Ltd., a wholly owned Subsidiary of Universal Guardian, has opened SecureRisks UAE in Dubai, United Arab Emirates.

SecureRisks UAE will coordinate security activities for the region from its offices in the Emirates Towers in Dubai. SecureRisks is the only security consulting company currently licensed in the Emirates by the Dubai Police Department of Protective Systems to provide a full range of corporate security services to the government and private sector in the Emirates.