November 6, 2008
GlobalOptions Group Expands Technology Design Practice in Healthcare Arena With New Kaiser Permanente Hospital Projects
GlobalOptions Group, Inc. (NASDAQ: GLOI), a leading provider of domestic and international risk management services, today announced that it has expanded further its contract work with leading healthcare institutions through new contracts for Kaiser Foundation Hospitals, a unit of Kaiser Permanente of California. The company's SafirRosetti Technology Design Practice will provide technical consulting services that cover security, fire alarm, and technology systems for planned hospital facilities in Oakland, Redwood City, San Leandro, and Anaheim in California.
"With these contracts, we expand our assignments with Kaiser Permanente, which is an organization that places a high premium on the safety and viability of all of its facilities," said Sandy Zirulnik, Senior Managing Director of SafirRosetti's Oakland office. "We are proud and pleased to have the opportunity to implement these new contracts which build on our successful completion of more than 800 healthcare projects, designing and managing security, fire alarm, and low-voltage technology systems for numerous large medical centers."
"GlobalOptions continues to impress clients with its depth of expertise to help ensure business continuity in the face of any and all threats to an organization. It is a testament to that expertise that we continue to expand relationships such as the one we've built with Kaiser Permanente," said Dr. Harvey Schiller, Chairman and CEO of GlobalOptions Group.
About GlobalOptions Group, Inc.
GlobalOptions, (NASDAQ: GLOI) with headquarters in New York City and offices in 16 cities, is an integrated provider of risk mitigation and management services to government entities, Fortune 1,000 corporations and high net-worth and high-profile individuals throughout the world. We enable clients to identify, assess and prevent natural and man-made threats to the well-being of individuals and the operations of governments and corporations. In addition, we assist our clients in recovering from the damages or losses resulting from the occurrence of acts of terror, natural disasters, fraud and other risks. Our services currently include risk management and security, investigations and litigation support, anti-fraud solutions and business intelligence, and crisis management and preparedness services. Additional information can be found at www.globaloptions.com.
Statements in this press release regarding the company's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. The company wishes to caution readers not to place undue reliance on such forward-looking statements, which statements are made pursuant to the Private Securities Litigation Reform Act of 1994, and as such, speak only as of the date made. To the extent the content of this press release includes forward-looking statements, they involve various risks and uncertainties including the successful integration of acquired businesses and revenue run rates.
Certain of these risks and uncertainties will be described in greater detail in GlobalOptions Group's' filings with the Securities and Exchange Commission. GlobalOptions Group is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.