Allied Security Acquires Security Systems Inc. to Enhance New England Regional Services.Business Editors KING OF PRUSSIA King of Prussia, industrialized suburban area (1990 pop. 18,406), Montgomery co., SE Pa. It has glass and steel fabricating, food processing, printing and publishing, and varied manufacturing (textiles, liquified petroleum gas, water-treatment and electrical , Pa.--(BUSINESS WIRE)--March 22, 2004 Allied Security, the nation's largest independently owned contract security services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the company, today announced it has acquired Security Systems Inc. (SSI (1) See server-side include and single-system image. (2) (Small-Scale Integration) Less than 100 transistors on a chip. See MSI, LSI, VLSI and ULSI. 1. (electronics) SSI - small scale integration. 2. ), of Malden, MA, a high quality, privately owned regional security firm in the Boston/Cambridge area. SSI, which had revenues of more than $18 million in 2003, provides security officers for class-A office buildings, universities, healthcare facilities and financial institutions in Boston and Cambridge. "SSI is a high quality, regional security service company and a perfect fit for Allied Security," said William C. Whitmore, Allied Security President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "What makes this an ideal situation is the fact that so many of SSI's clients fall into the specialized industry categories in which Allied Security has established expertise, experience and quality performance. We are pleased to welcome SSI clients and employees to Allied Security." James Lees, CEO of SSI, said SSI's employees and clients will benefit from the transition to Allied Security. "I couldn't think of a better company in our industry to assume leadership of SSI. Allied Security has a sound base of business in New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. and has the support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services necessary to enhance performance for our clients and employees." "I am pleased to announce that Dave Silvey, SSI Vice President, has joined Allied Security as Vice President of Operations for the Northeast Region. His familiarity with the New England regional market will be a great asset to our company. Silvey will report directly to George Guilfoy, Allied Security's Vice President and General Manager of the New England region," Whitmore said. "Ed Silvey, SSI President, has also joined Allied Security in an executive management role." Allied Security, the largest independently owned contract security services company in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , has more than 23,000 employees and annual revenues of over $650 million. Allied Security has more than 65 offices serving 2,000 plus accounts in over 250 cities from coast to coast. The company, based in King of Prussia, PA, provides security services to regional shopping malls, premier office buildings, hospitals, financial institutions, corporate complexes, universities and other commercial facilities. |
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