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Monday, March 12, 2012

Security Stocks; United Protection Security Group Inc. (TSX-V: UZZ) - Acquisition and Corporate Update

EDMONTON - March 12, 2012 (InvestorIdeas.com Newswire) - F.V.Ramsoondar, Chief Executive Officer of United Protection Security Group Inc. ("UPSG" or the "Company"), (TSX-V:UZZ) is pleased to announce the following updates:
a) The Company has successfully closed a Camrose, Alberta asset acquisition of a Physical Security Guard company that currently generates approximately $600,000 in annualized revenues. This acquisition is in line with the Company's objective for expansion across Canada . The total consideration for the asset acquisition is $130,000 , payable by way of $50,000 in cash on or before March 31, 2012 , the closing date, $50,000 in cash six (6) months after closing date and $30,000 in cash nine (9) months after closing date.
b) The Company will not proceed with an Equity Line Financing Facility pursuant to a press release dated July 12, 2010 . With the successful close of a Receivable Financing Facility of USD $4.5 million with a New York Asset Based Lender, the Company is now in discussions with the lender for Term Debt Financing and Equity Financing to be used for future acquisitions.
c) The Company has appointed Mr. Darcy Ogrodnick , CA as its Chief Financial Officer. Mr. Ogrodnick has held various management positions with public companies since 2004, and has been providing financial consulting services to junior exploration companies since 2008. Prior to 2004, he worked for both international and Saskatchewan-based accounting firms serving clients in a number of industries. A Chartered Accountant since 2001, Mr. Ogrodnick holds a Bachelor of Commerce Degree and Master of Professional Accounting degrees from the University of Saskatchewan.
Stock Awareness Activities
To find out more about United Protection Security Group Inc. (TSX-V: UZZ.V - News), visit our website at www.unitedprotection.com. To join the 'request for information', go to the web page www.unitedprotection.com and click the tab 'request information' and follow the prompts.
Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks related to business development and retention, and risks related to the current economic and credit conditions. As a result, actual results may vary materially from those described in the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Friday, March 9, 2012

 Security Stock Alert; Smith & Wesson (NASDAQt: SWHC) Shoots up on Third Quarter Results

New York, NY- March 9, 2012 - www.InvestorIdeas.com, a global investor research portal, specializing in sector research for independent investors, issues a trading alert for security,  protection and sport company Smith & Wesson Holding Corporation (NASDAQ :SWHC). The stock is trading up at $6.87, up 1.21(21.38%) 11:13AM EST on over 5 Million shares, making it the NASDAQ top percentage gainer in morning trading.
The stock moved up on financial results for its fiscal 2012 third quarter ending January 31, 2012 reported yesterday on the close.
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Third Quarter Fiscal 2012 Financial Highlights

•Net sales from continuing operations for the third quarter of $98.1 million were up 23.8% from the third quarter last year.  The increase was driven by strong sales of M&P™ handguns, M&P™ sporting rifles, and all Smith & Wesson personal protection and concealed carry pistols. 
•Gross profit for the third quarter was $30.0 million, or 30.6% of net sales, compared with gross profit of $19.4 million, or 24.5% of net sales, for the same period last year.  The improvement in gross profit was driven by increased sales volume and increased overhead absorption due to higher production levels; as well as cost-reduction initiatives across the organization, including the completion of the consolidation of the Thompson/Center Arms business to Springfield, Massachusetts, which concluded in November 2011. In addition, the same period last year included costs associated with the company's strategic price repositioning activities. That strategic repositioning also resulted in lower ongoing promotion costs.
•Operating expense for the third quarter totaled $19.7 million, or 20.1% of net sales, compared with operating expense of $21.3 million, or 26.9% of net sales, for the third quarter last year.  The decrease in operating expense reflected cost-reduction initiatives across the organization as well as reduced legal fees related to the company's ongoing DOJ and SEC investigations.
•Net income from continuing operations for the third quarter was $5.4 million, or $0.08 per diluted share, compared with a net loss from continuing operations of $2.7 million, or $0.05 per diluted share, for the third quarter last year. Net income from continuing operations for the third quarter resulted from increased sales volumes and corresponding gross profit as well as reduced operating expenses.
•Non-GAAP adjusted EBITDAS from continuing operations for the third quarter increased to $14.8 million compared with $4.6 million for the same period last year.
•At January 31, 2012, firearm backlog was $198.5 million, an increase of $124.7 million, or 168.9%, compared with the end of the third quarter last year, and an increase of $48.6 million, or 32.0%, from the most recent sequential quarter. 
•Operating cash flow of $8.5 million and net capital spending of $3.5 million resulted in free cash flow of $5.0 million from continuing operations.
•Debt was reduced by $30.0 million through the repayment of outstanding convertible notes.


About Smith & Wesson
Smith & Wesson Holding Corporation (NASDAQt: SWHC) is a U.S.-based leader in firearm manufacturing and design, delivering a broad portfolio of quality firearms, related products, and training to the global military, law enforcement, and consumer markets. The company's brands include Smith & Wesson®, M&P™ and Thompson/Center Arms. Smith & Wesson facilities are located in Massachusetts and Maine.

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Thursday, March 8, 2012

Defense and Security Stock Alert; Kratos (NASDAQ:KTOS) up over 11% on Earnings Release

New York, NY- March 8, 2012 - www.InvestorIdeas.com, a global investor research portal, specializing in sector research for independent investors, issues a trading alert for defense and security stock Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS).  The stock is trading up at $6.59 0.66(11.13%) 11:34AM EST with a high of $7.17, making it one of the top NASDAQ morning percentage gainers.

The Company reported Fourth Quarter and Fiscal Year 2011 results and affirmed Previously Issued Fiscal 2012 Adjusted Free Cash Flow Guidance and Provides 2012 Revenue Guidance of $950 Million to $1 Billion.

Financial Highlights:
•Fiscal 2011 Revenues of $723.1 Million Increase 77 Percent Over 2010
•Fiscal 2011 Adjusted EBITDA Margins Increase 300 Basis Points to 12.7 Percent
•Second Half Fiscal 2011 Adjusted Cash Flow from Operations of $27.2 Million
•Fourth Quarter Revenues of $218.2 Million Increase 81 Percent Over Fourth Quarter 2010
•Fourth Quarter Adjusted EBITDA of $27.0 Million, or 12.4 Percent
•Fourth Quarter Book-To-Bill Ratio 1.2 to 1.0, Total Backlog of $1.1 Billion, Bid & Proposal Pipeline $3.7 Billion
•Previous 2012 Adjusted Free Cash Flow Guidance of Approximately $50 Million To $65 Million Reaffirmed
•2012 Revenue Guidance of $950 Million to $1 Billion, Adjusted EBITDA of $120 Million to $130 Million

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Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a specialized National Security technology business providing mission critical products, services and solutions for United States National Security priorities. Kratos' core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. Kratos' areas of expertise include Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance (C5ISR), satellite communication systems, unmanned systems, cyber warfare, cyber security, information assurance, critical infrastructure security and weapons systems sustainment. Kratos has primarily an engineering and technical oriented work force of approximately 4,000, many of whom hold an active National Security clearance, including Secret, Top Secret and higher. The vast majority of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are United States Federal Government agencies, including the Department of Defense, classified agencies, intelligence agencies and Homeland Security related agencies. News and information are available at www.KratosDefense.com.

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