Tri-S Security Subsidiary Awarded Two Contracts Valued at $141 Million for Federal Facilities in Los Angeles and San Diego, Cali

ATLANTA , Jan. 5 /PRNewswire-FirstCall/ -- Tri-S Security Corp. (Nasdaq: TRIS), a provider of security services for government and private entities, today announced its wholly-owned subsidiary, Paragon Systems, Inc. ("Paragon"), was awarded two new contracts to provide armed guard services in Los Angeles and San Diego, California . Both contracts are with the Department of Homeland Security and include security for the counties surrounding Los Angeles and San Diego . The Los Angeles contract and the San Diego contract are valued at approximately $94 and $47 million, respectively, for a combined total of $141 million in revenue over five years. As a result of these contract awards, Paragon's contract awards for 2008 now total over $503 million.

"We would like to express our appreciation to the Department of Homeland Security for its continued support of Paragon, and reaffirm our commitment to continue to provide the quality of service that the Department of Homeland Security has come to expect from Paragon," said Ronald G. Farrell , Chairman and CEO of Tri-S Security.

"Fiscal year 2008 has been the best year for Paragon for contract awards since it was acquired by Tri-S Security in 2004. With a current pipeline of contracts valued at $397 million, we look forward with confidence to a strong 2009," added Mr. Farrell.

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. Security services include uniformed guards, 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.