Andrews International and Copstat Security Merger Creates $100 Million National Security Solutions Firm

The newly formed Andrews Intl. Among the top 10 Private U.S. Security Firms.

Los Angeles, Calif. (June 2006)—Andrews International and Copstat Security, two leading security and risk management firms with respective west and east coast bases of operations, have merged under the name Andrews International and are backed by a strong group of institutional investors. The new Andrews International has combined revenues of $100 million and employs nearly 4,000 security practitioners nationally. Headquartered in Los Angeles, CA and Bronx, New York, Andrews International provides uniformed security, consulting and investigations, personal protection, special event security, training, alarm monitoring and response, and disaster and emergency response services in all 50 states and internationally to a wide range of Fortune 500 corporations.

Randy Andrews, founder and current Chief Executive Officer (CEO) of Andrews International (which also previously operated as Advanced-Tech Security Services, Inc.) continues to serve as the CEO of the new Andrews International with Jim Wood, CEO of Copstat Security, and Ty Richmond, current Chief Operating Officer (COO) of Andrews International, serving as Co-President's/COO's.

"We are excited about the new and expanded capabilities of Andrews International domestically and internationally," said Andrews. "The merger is a natural progression as the similarities between our management philosophies and operations provide our clients a seamless, nationwide portfolio of security services and capabilities. Both teams are extremely excited about the opportunities and benefits of two strong organizations becoming one."

Relationship-driven and proactive businesses, both companies maintain long-standing client relationships that average nearly 10 years per contract or engagement. "Our clients appreciate the value of partnering with a professional and full-service security organization," said Wood and Richmond from their respective offices. "They demand a service provider who has the ability to add value based on timely and conscientious deliverables, unique expertise, broad and deep resources and capabilities that are far beyond the basic set of security services. Andrews International is the answer to those needs."

Andrews International expects to continue its organic growth through its substantial customer and market diversification, a broadened geographical reach and through select, targeted acquisitions. The security firm serves companies in many market sectors including media and entertainment, financial services, energy, retail and shopping malls, property management and technology markets.

Andrews International provides services from its west and east coast bases of operations; and through its regional offices located in Arizona, Colorado, Connecticut, Florida, Hawaii, Los Angeles, Louisiana, Nevada, New Jersey, New York, Texas, San Francisco/Northern California and Washington.

"Through the merger we have combined the strengths of the two organizations," said Andrews: "Innovative, customer-focused capabilities and strong, disciplined back office operations."

About Andrews International

Andrews International, headquartered in Los Angeles, California, is a full service provider of security and risk mitigation services with operations throughout the United States and internationally. As one of the largest privately-held, American-owned security firms, Andrews International employs nearly 4,000 security personnel providing uniformed security, consulting and investigative services, personal protection, special event security, training and alarm monitoring and response, and disaster emergency response services. The company is owned by executive and management team members with investment backing from DFW Capital Partners, Meridian Venture Partners, Theo Capital Partners and affiliates of New York Life.

top