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Argyle Security, Inc. Appoints Lloyd E. Campbell and Walter J. Klein to Board of Directors.


SAN ANTONIO San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837.  -- Argyle Security, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:ARGL), ("Argyle") a service and solutions provider in the physical electronic security industry, announced today that it has appointed two new independent directors to its Board of Directors: Lloyd E. Campbell and Walter J. Klein. Mr. Campbell will serve as Chair of the Nominating and Governance Committee and Mr. Klein will serve as Chair of the Audit Committee. With the addition of Messrs. Klein and Campbell, Argyle's Board will be expanded from four directors to six directors, four of whom are independent.

Bob Marbut, Chairman and Co-CEO of Argyle Security, commented, "We are very pleased to announce the appointment of Lloyd and Wally to Argyle's Board, as we have been working hard to identify additional qualified, independent directors. Both Lloyd and Wally have a wealth of relevant experience and knowledge, and we look forward to benefitting from their expertise. In particular, Lloyd's successful track record in the capital markets will be instrumental in supporting our integrated buildup growth strategy. Wally also has a strong financial background, in addition to two decades of experience at an organization with a broad international reach. Both have valuable experience as directors of successful public companies."

Roni Chaimovski, Vice-Chairman and Co-CEO of Argyle Security, added, "In addition to the appointments we announced today, John ("Chip") Smith will serve as Chair of the Compensation Committee, and Gen. Wesley Clark (person) Wesley Clark - One of the designers of the Laboratory Instrument Computer at MIT who subsequently had a quiet hand in many seminal computing events, such as the development of the Internet, the first really good description of the metastability problem in computer logic.  will serve as Chair of the Executive Committee. Combined, the independent members of our Board of Directors are outstanding and talented individuals who we know will serve Argyle well, as we seek to grow the Company and maximize value for our shareholders."

Lloyd E. Campbell, 50, currently serves as a Managing Director of Rothschild North America, Inc., the U.S.-based asset management, investment banking, real estate advisor and brokerage "arm" of U.K. financial services provider, N M Rothschild & Sons. Previously, Mr. Campbell was at Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. , from 1985 through 2001. He was a Managing Director in the Private Finance Group, which focused on senior and mezzanine debt for large and mid-cap companies. Mr. Campbell began his career at Teachers Insurance ("TIAA TIAA Teachers Insurance and Annuity Association
TIAA Travel Industry Association of America
TIAA This Is An Acronym
TIAA Texas Insurance Advisory Association (statistical reporting agency in Texas)
TIAA Total Inactive Aircraft Authorization
") in 1980. Additionally, Mr. Campbell currently serves on the Boards of Guardian Life Insurance, Spartech Corporation and the Georgetown University Board of Regents An independent governing body that oversees a state's public Colleges and Universities.

All 50 states have governing bodies that oversee the administration of public education.
. He has a B.S. in Business Administration from Georgetown University and an M.B.A. from Wharton School of the University of Pennsylvania The Wharton School is the business school of University of Pennsylvania in Philadelphia, Pennsylvania. It was established in 1881 through a donation of Joseph Wharton, making it the world’s oldest business school. .

Walter J. Klein, 61, is retired, and currently serves on the Board of Spartech Corporation, as Chair of its Audit Committee. From 1981 through 2002, he worked at Stepan Company, most recently as Vice President of Finance. Stepan Company, a producer of specialty and intermediate chemicals, has more than $1 billion in revenues and is listed on the NYSE NYSE

See: New York Stock Exchange
. The company has operations in the U.S., Mexico, Columbia, France, Germany, the United Kingdom and the Philippines. Mr. Klein began his financial career at Arthur Anderson LLP LLP - Lower Layer Protocol  in 1978. He has a B.B.A. and an M.B.A. from Loyola University, and 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.
.

About Argyle Security, Inc.

Formed in 2005 and headquartered in San Antonio, TX, Argyle Security's goal is to become a leading global provider of services and solutions in the physical electronic security industry through an integrated buildup strategy. Argyle's channel focus is Video Surveillance, Access Control, Perimeter Protection, Intrusion Protection, Fire Detection and Threat Analysis, serving selected commercial, governmental and residential markets.

In July 2007, Argyle acquired ISI ISI International Sensitivity Index, see there , which is comprised of three rapidly growing service and solution provider business units in the physical security industry: ISI Detention Contracting ("ISI-Detention"), Metroplex Control Systems ("MCS-Detention"), and Metroplex Commercial Fire and Security Alarms ("MCS-Commercial"). ISI Detention is one of the nation's largest providers of detention equipment products and service solutions. MCS-Detention and MCS-Commercial specialize in turnkey, electronic security systems for facilities that include unique engineering competencies and proprietary software products for the correctional and commercial markets. ISI was founded in 1976.

Please visit www.argylesecurity.com or www.isisecurity.com for additional information on Argyle Security and ISI.

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.
 

Certain statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995, as amended. When used in this press release, words such as "will," "believe," "expect," "anticipate," "encouraged" and similar expressions, as they relate to the company or its management, as well as assumptions made by and information currently available to the company's management identify forward-looking statements. Additional information concerning forward looking statements is contained under the heading of risk factors listed from time to time in the company's filings with the Securities and Exchange Commission. We do not assume any obligation to update the forward-looking information.
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Publication:Business Wire
Date:Jan 29, 2008
Words:785
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