Security Financing Services (SCYF) Awarded Bessemer Surveillance System Contract.

Agreement Brings Another Large Increase to the Number of Housing Residences Under SFS Remote Video Surveillance

HOUSTON -- Security Financing Services, Inc., (OTC Pink Sheets: SCYF) a provider of sophisticated, IP convergence solutions, continues to expand its successes in the southeastern United States. Mike Hardy, President of SCYF announced today the execution of SCYF's latest add-on to its four hundred thousand dollar agreement with the Housing Authority, City of Bessemer, Alabama, a contract to remotely monitor networked video surveillance systems.

This agreement increases the number of housing residences served by SCYF remote video surveillance systems by 324 making over 1,400 added in the last two months, a seven hundred percent increase over the total at the end of last year. These SCYF-designed digital camera surveillance networks have the ability to send audio instructions to those being viewed; video images can be sent to laptops or PDA's with this technology. The City of Chicago recently announced that it is using money seized from drug dealers to create similar CCTV surveillance networks. As reported in the Chicago Tribune, in the seven months since installing cameras in Chicago, officials say calls to police from the immediate areas declined 76 percent, and serious crimes dropped by 17 percent. Arrests on the police beats covered by cameras rose by 60 percent.

Security Financing Services has recently completed the latest expansion to BHA's video surveillance network which included upgrades to an existing facility, together with installation of more than 50 new cameras, networking two additional BHA properties. SCYF designed and installed the first video surveillance network cameras for BHA in 2004. The network has been instrumental in reducing crime and promoting a safe and secure environment for tenants. After the successful capture of a homicide suspect made possible by video recorded by the SCYF-installed network, Bessemer decided to expand the network to include two new properties. Dannie Walker, General Operations Manager for Bessemer stated, "These security upgrades have given us video for use in the recent investigations of one homicide and one burglary." The multiyear agreement with the Housing Authority provides for both scheduled and random hourly "camera-guard tours" to help improve the living environment of the residents.

"The Housing Authority management, which has over 1,800 housing units under management, values the peace of mind our video monitoring systems provides to their residents, who deserve to live a pleasant, trouble free, residential experience that is relished by Bessemer residents. These installations consistently work to reduce crime and loitering in those areas where cameras are installed," Hardy said.

Security Financing Services, Inc. (OTC Pink Sheets: SCYF), a designated Honeywell Security Products dealer, is a cutting-edge technology company focused on end-to-end network solutions for customers. Solutions range from the smallest homeowner to the largest government or commercial enterprise. In addition to providing financing services to alarm dealers and integrators, SFS also operates and manages a portfolio of alarm monitoring accounts throughout Texas and the Southeast. SFS designs, installs and monitors digital video surveillance networks for government, industrial and commercial application.

Forward-Looking Statements: This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors. The actual results that the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.