Edmonton Video Monitoring Acquisition Not Proceeding
Edmonton, Alberta CANADA, September 09, 2011 /FSC/ - United Protection Security Group Inc. (UZZ - TSX Venture), (UPSG or the Company), announces that the Company and the Edmonton-based Video Verification Security Systems company have been unable to conclude a mutually satisfactory Definitive Purchase Agreement, as previously referred to in news releases of June 14, 2011 and July 15, 2011. The Company has no reason to believe that further negotiations will ensue.
The Company will continue to pursue suitable acquisitions and strategic alliances in an effort to continue to grow Electronic Security Division.