$MPGS news! Collaboration With Ministry of Transpo
Post# of 74540
http://finance.yahoo.com/news/collaboration-m...46872.html
NEW YORK, NY and KUALA LUMPUR, MALAYSIA--(Marketwired - Jan 13, 2016) - Malaysia Pro-Guardians Security Management Corp. (OTCQB: MPGS), a highly skilled and professionally-trained security protection team, has announced today that it has reached a collaborative agreement with the Ministry of Transportation (Malaysia), a Malaysian government ministry in charge of maintaining domestic transportation infrastructure, regulating transport system technology, and providing active enforcement in transport industry affairs.
In a coordinated effort with Dato' Sri, MPGS has managed to become the only company to collaborate with the Ministry of Transportation in Malaysia. With the strong backgrounds of both companies in transport-related technical expertise, security convoy technology, administrative management, and government protocol, the combined resources of both parties will allow for both a greater client and public insurance at all times, while utilizing the most modern technology in government regulated vehicles with an emphasis on protection and security upkeep. The new collaborative effort will not only add an extra layer in ensuring safety and peace of mind to clients and other consumers, it will also further develop the market with respect to transportation vehicles by promoting an increased awareness and criticality of the basic needs of security in the transportation industry.
Hua Fung Chin, Chief Executive Officer, commented, "Dato' Sri's perseverance in mediating this collaboration proves to differentiate the company and help it become the benchmark for all transport security technology in Malaysia. By way of Malaysia's 'compulsory rule,' the Ministry of Transportation is required to install black box devices in most regulated vehicles. With this agreement, MPGS has a greater opportunity to be legally endorsed in providing our security hardware, which will greatly contribute to both our company's marketing prospects as well as the Malaysian government's initiatives to establish a stronger presence with the public audience and other transport-related corporations and departments by way of creating a safer community."
About Malaysia Pro-Guardians Security Management Corp.: Malaysia Pro-Guardians Security Management Corp. is a highly professional protection team that upholds and maintains safety of their client interest to support our main core business in protecting our clients from any potential harm. It is the only private sector security company that is allowed to carry firearms in all of Malaysia. All of our security personnel are well trained to be professional, reliable, and highly trained to meet the highest standards in any critical situations encountered which include first aid, protocol utility, and diplomacy in a wide variety of tactical, protective, and security related subjects. Our company recognizes that each client has specific needs and objectives, which are each assessed and addressed individually; solutions are planned and tailored to the most rigorous demands. Additional information about this company is available at: http://www.proguardsecuritymanagement.com.
Forward-Looking Statements: This release contains certain "forward-looking statements" relating to the business of the Company. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
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