Tri-S Security Corporation Contract Awarded for Los Angeles, San Diego and San Ysidro Border Crossing

ATLANTA , March 18 /PRNewswire-FirstCall/ -- Tri-S Security Corp. (Nasdaq: TRIS), a provider of security services and equipment for government and private entities, today announced that its subsidiary Paragon Systems Inc., has been awarded a new contract with the Department of Homeland Security (DHS) to provide armed security for Federal Buildings in Los Angeles and San Diego , California. Referred to as Region 9, the contract will require approximately 450 security guards.

The initial term of the contract is six months, with an option for DHS to renew the contract for an additional six months. If this renewal option is exercised, then the contract will generate revenue for Tri-S Security of $29.4 million during the contract term, of which $22.1 million will be generated in 2008.

Paragon Systems will also provide security to augment existing security for the San Ysidro border crossing between California and Mexico . San Ysidro is the world's busiest land border crossing. In 2005, more than 17 million vehicles and 50 million people entered the United States at the San Ysidro port of entry.

According to Ronald G. Farrell, Chairman/CEO of Tri-S Security, "This contract was awarded last week with a starting date requirement of Friday, March 14, 2008 . Within 24 hours Paragon was able to arrange the procurement of 450 weapons, approximately 2,000 uniforms, equipment and the hiring of management personnel for this contract. The coordination of such a quick start is a testament to Les Kaciban, President of Paragon Systems and his entire staff."

With this contract award, Tri-S Security has now announced three contracts in the first quarter of 2008 valued at approximately $307.4 million.

About Tri-S Security Corp.

Based in Atlanta , GA, Tri-S Security Corp. (Nasdaq: TRIS) is a provider of security services and equipment for government and private entities spanning a wide range of industries. The government sector is serviced through its wholly-owned subsidiary Paragon Systems and the private sector through its subsidiary Cornwall Group. Security services include uniformed guards, electronic monitoring systems, personnel protection, access control, crowd control and the prevention of sabotage, terrorist and criminal activities. As a leading aggregator of elite security companies, Tri-S Security is designed to build a strong enterprise in which to service a unique customer base that ensures America's safety at home and work. Tri-S Security assumes responsibility for the marketing, infrastructure and overall operational performance for its subsidiaries. Tri-S Security's management leverages highly trained government officers, experienced industry leaders, proven financial executives and infrastructure experts to consolidate the fragmented security industry into one efficient and effective security force.

Forward-Looking Statements

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SOURCE Tri-S Security Corp.