Command Security Corp. Announces Election of President/CEO and Director.LAGRANGEVILLE, N.Y.--(BUSINESS WIRE)--July 8, 1998--Command Security Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CMMD CMMD Ceramic Metal Matrix Diaphragm CMMD Command ) announced the Board's unanimous election of Franklyn H. Snitow as acting President/CEO and acting Director of the company. The board believes that "Mr. Snitow's election will allow management to maintain its focus on providing clients with the highest quality security guard services." Snitow has been practicing law for over 27 years and is a partner in the law firm of Snitow & Cunningham, LLP LLP - Lower Layer Protocol in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . His election is the result of an agreement reached by the board in connection with litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. including the company and four of its directors as defendants and a shareholder and four other directors as plaintiffs. As more fully disclosed in Forms 8K filed by the company in December of last year and July of this year, the plaintiffs in the litigation allege, among other things, that the board has been deadlocked due to a four/four division of the board on various issues. Snitow's election will alleviate any such deadlock pending the outcome of an appeal by the company and the defendant directors to the Appellate Division In several jurisdictions, the Appellate Division is the name of a court, or division of a court, that hears appeals from lower courts.
Command Security Corp. provides 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 to company-owned offices in New York, New Jersey, California, Illinois, Connecticut, Florida and Pennsylvania and provide services to independent security companies nationwide.
CONTACT: Command Security Corp., Lagrangeville
William C. Vassell, Chairman
914/454-3703
or
Radcliffe & Associates Inc., New York
Donald Radcliffe, 212/605-0174
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