20th Sep 2006 10:59
20 September 2006 GROUP 4 SECURICOR PLC ACQUISITION OF ELECTRONIC MONITORING INTERESTS OF STRATEGIC TECHNOLOGIES INC (STI), CANADA Group 4 Securicor, the international security solutions group, announces theacquisition of Strategic Technologies EM Inc, the electronic curfew monitoring(EM) division of STI, for a consideration of CA$3.2m (‚£1.5m). The acquisitionincludes the purchase of On Guard Plus Limited, STI's international sales arm,and Strategic's EM intellectual property portfolio.Strategic Technologies EM Inc, which is based in Vancouver, Canada, is amanufacturer and developer of EM equipment and software. It is the mainequipment supplier to Sentinel, a major provider of electronic monitoringservices in the USA. It also provides equipment to the French government.Commenting on the acquisition, David Taylor-Smith, Divisional ManagingDirector,G4S Justice Services, said,"This acquisition consolidates our position as the largest provider ofelectronic monitoring worldwide. The purchase also provides us with a proventechnology platform and an experienced sales team to assist our internationalgrowth plans. The deal gives us an enhanced intellectual property portfoliotogether with additional equipment and software technology which will augmentour existing range of EM technology produced by G4S JSI, our California-basedsubsidiary.Electronic Monitoring is a high priority area for us and we will continue tolook for organic growth opportunities and other strategic acquisitions."Doug Blakeway, President and CEO of STI, said, "The electronic monitoring marketplace has been consolidating in recent yearsand size has become a dominant factor in bidding and obtaining contracts. Thistransaction will allow Strategic to focus on expanding its profitable lawenforcement business and we look forward to developing new products for thismarketplace."Notes to editors:About G4S Justice Services * G4S Justice Services is a division of Group 4 Securicor. * G4S Justice Services is the largest provider of electronic monitoring services in the world, monitoring 35,000 individuals in the USA, Europe and the Middle East. * For more information on G4S Justice Services visit www.g4s.com/uk-justice About Group 4 Securicor plc: * Group 4 Securicor is an international security solutions group, operating in over 100 countries throughout the world and employing around 400,000 people. * Group 4 Securicor is a market leader in the provision of security services, cash services and justice services in many of the countries in which it operates. * For more information on Group 4 Securicor, visit www.g4s.com. About STI * Strategic Technologies Inc. manufactures and distributes electronic curfew monitoring systems which monitor the curfew compliance of offenders who are in correctional systems in the United States, Australia and France. * Strategic Technologies Inc. through its wholly-owned subsidiary Tactical Technologies Inc. designs and sells sophisticated communications surveillance and intelligence gathering equipment for the law enforcement and defence industries in United States and Canada. * For more information on Strategic Technologies Inc. visit www.strategic-tech.com For further enquiries please contact:Nick Buckles, Chief Executive Officer +44 (0) 1293 554400Trevor Dighton, Chief Financial OfficerDebbie McGrath, Director of CommunicationsRob Gurner, Investor Relations ManagerMedia EnquiriesG4S Justice Services, Press Office +44(0) 20 8722 3069Rebecca Goff, Communications Manager, +44 (0) 20 8722 3258G4S Justice ServicesDavid Taylor-Smith, Divisional Managing Director, +44(0) 20 8722 3175G4S Justice ServicesENDGROUP 4 SECURICOR PLCRelated Shares:
GFS.L