Command Security's CEO William C. Vassell Talks to the Wall Street Transcript.Business Editors NEW YORK--(BUSINESS WIRE)--April 8, 2002 The Wall Street Transcript A generic term for any kind of copy, particularly an official or certified representation of the record of what took place in a court during a trial or other legal proceeding. A transcript of record has published an in-depth interview with William Vassell, Chairman & 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. of Command Security (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CMMD CMMD Ceramic Metal Matrix Diaphragm CMMD Command ), in which he talks at length about the company's future. The entire 3,000-word interview is available free online at http://www.twst.com/ceos.htm. Vassell gives an overview of the company. "Command Security Corporation is a full service security firm, including aviation security, industrial security, hospital security. Its origins were approximately 20 years ago, and it currently does revenues, as of the December quarter, of $21,815,000 approximately. Revenues are up 15.8% post the events of September 11, and we anticipate the company to continue to expand as the need for quality 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 increases." Vassell explains, "I think that our business is up in terms of revenues, our business is going to be substantial. And 15.8% on a net basis for the quarter is pretty strong. And we think that should continue. The whole industry, post September 11, is very positive, where customers, even the ones that didn't take security seriously, are starting to take it more seriously." Looking forward, Vassell states, "I think the strategic direction is going to be strong. I think the security business, post September 11, I can't think of a better business to be in, frankly, right now, and I think, certainly, there will be challenges because the good news is, the customers will be looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a heightened level of security. On the technology side they will be looking for some innovation, but on the security officer man-guarding side, they are going to be looking for us to do a lot of the same things we've always been doing, but to do them much better." This interview is part of a 40-page Security Products & Services Issue available at or by calling 212/952-7433. The Wall Street Transcript does not endorse To sign a paper or document, thereby making it possible for the rights represented therein to pass to another individual. Also spelled indorse. endorse (indorse) v. the views of any interviewees nor does it make stock recommendations. For subscription information call 800/246-7673. |
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