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American Security Resources Names Finance Veteran Robert Wilson to Board of Directors.


HOUSTON -- Joe Grace, President of American Security Resources Corporation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:ARSC ARSC Arctic Region Supercomputing Center
ARSC Association for Recorded Sound Collections
ARSC Accounting and Review Services Committee
ARSC Aircraft Repair and Supply Center (USCG)
ARSC Arizona Remote Sensing Center
), announced today that Robert Wilson Robert Wilson may refer to:
  • Rob Wilson MP for Reading East
  • Sir Robert Wilson (astronomer), a British astronomer
  • Sir Robert Wilson (businessman), chairman of BG Group
  • Sir Robert Thomas Wilson, a British general and politician
  • Robert L. Wilson (1920-1944), U.S.
, a Forte Group Forte Group plc was a British hotel and restaurant company.

Charles Forte set up his first "milk bar" in 1935 as Strand Milk Bar Ltd when he was 26. Soon he began expanding into catering and hotel businesses.
 partner, has joined the company's Board of Directors, effective July 25, 2005. According to Grace, "Robert brings more than 20 years of experience in industry, public accounting, and consulting to the Board. His hands-on and results-oriented approach to management, public accounting and advisory roles makes him the perfect addition to the ARSC team."

Prior to joining Forte Group, Mr. Wilson was operations compliance manager of the AIM Management Group, Vice President Compliance/Internal Audit of the Kemper Securities Group and an auditor with Price Waterhouse.

Grace went on to note that Mr. Wilson is an executive with an exceptional entrepreneurial record of establishing strategy, leading teams and rapidly building profitable operations. Mr. Wilson has owned a certified public accounting firm for more than ten years. He is the Chief Financial Officer and Operations Principal for several broker dealers and investment banking firms where his duties include compliance with NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
, SEC and NYSE NYSE

See: New York Stock Exchange
 rules and regulations. He is also responsible for the design and implementation of accounting and operations control procedures, representing firms as a securities expert witness. Other duties include the hiring and supervision of financial and administrative staff, and negotiation and representation before independent and regulatory auditors.

Mr. Wilson is a graduate of the Houston Baptist University Houston Baptist University (commonly abbreviated HBU) is a private Baptist institution founded in 1960. It is located in the southwest part of Houston, Texas near the Southwest Freeway. , with additional studies at Georgetown University. He is a Certified Public Accountant Certified Public Accountant (CPA)

An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state.
, member of the NASD Board of Arbitrators and has Securities Licenses as follows: Series 7 -- General Securities Representative, Series 63 -- Uniform State Securities Agent, Series 24 -- General Securities Principal, Series 27 -- Financial and Operations Principal and Series 53 -- Municipal Securities Principal. He also serves on the Board of, and as Audit Chairman for, American Enterprise Development Corporation, Board Member of MidasTrade.com and a Consulting Associate with The Professional Directors Institute.

About American Security Resources Corporation

American Security Resources Corp. is a holding company actively seeking to acquire profitable, well-managed companies that provide products or services for homeland security and national defense. The company has identified several potential targets and is currently negotiating acquisitions with five different companies that fit the profile. Combined, the target companies have the potential of generating in excess of $30 million in revenues for 2005. For more information, please visit our website at: www.americansecurityresources.com.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement

This news release contains certain "forward-looking statements" within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934. Although the Company believes the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that results will meet or exceed such expectations.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 26, 2005
Words:448
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