NR:Garda World Security Corporation
April 7, 2009 - 08:06:13 AM
Garda Awarded $300 Million Contract
MONTREAL, QUEBEC, CANADA--(Marketwire - April 7, 2009) - For the second time
since its initial contract with the Canadian Air Transport Security Authority
(CATSA) in 2004, the Garda Security Group (TSX:GW), Canada's premier physical
security company and leader in the management of airport security screening
operations, is pleased to announce that CATSA and Garda have successfully
negotiated a two (2) year extension to all of Garda's existing contracts for
passenger and baggage security screening operations at 26 airports in Canada.
The contracts extension is for a two-year period from April 1, 2009 until
March 31, 2011. The value of the contracts totals more than $300 million for
the two-year extension period. Garda employs close to 3,000 professionals to
perform its security screening services across the country.
"Garda is proud to contribute to Canada's national security," said Garda
President and CEO Stephan Cretier. "Through this important partnership, we are
committed to the safety and security of the traveling public."