Current Technology Reports Further Growth of Contract Values in Brazil

NEW YORK , Dec. 1 /PRNewswire-FirstCall/ -- MSGI Security Solutions Inc. (OTC Bulletin Board: MSGI) and Current Technology Corporation today reported StarOne Telematica SA, the 51% controlled Brazilian subsidiary of Celevoke, Inc. (Celevoke) and the most recent entry into the fast growing Brazilian market for Telematics Solutions and Tracking Systems, during November 2008 , has closed contracts for the provision of tracking services with a value of over 5,000,000 Brazilian Reals (approximately $2,169,000 USD). This represents a greater than 25% increase in contract value over the 4,000,000 Brazilian Reals estimated for the month of November as stated in our news release of November 17, 2008 .

"Although we are still at a very early stage of development of the potentially dynamic Brazilian market, comparisons are starting to become meaningful," stated Current Technology CEO Robert Kramer . "For the first three months of effective operations to September 30, 2008 StarOne closed contracts with a value of slightly less than 1 million Brazilian Reals. During October closed contracts were valued at just under 2 million Brazilian Reals, and in November the value of closed contracts was over 5 million Brazilian Reals. We are very encouraged by this emerging trend."

Current Technology Director of Business Development and executive responsible for Brazilian operations Carl Ottersen said, "Once again, we believe this month's results validate our strategy. With our supply chain agreement in place (as announced October 28, 2008 ) and plans for a major retail roll-out in the first quarter of next year being finalized, we fully expect to achieve operational break-even ahead of schedule and within 12 months of the effective start of operations. While we are mindful of the impact of the Christmas and summer holiday period during December and January in Brazil , we believe we are well positioned and look forward to a very successful 2009 and beyond."

StarOne Telematica's program 24 Horas(TM) (24 hours) ensures round-the-clock service and support for its Brazilian clients requiring active, real-time information about the location and status of their mobile assets. Principal customers include local bus operators, regional trucking companies and tertiary service providers.

About Celevoke

Celevoke is poised to become a market leader in the projected $38.3 billion (by 2011) global market for Telematics (according to ABI Research), which is the integrated use of telecommunications and informatics. More specifically, it is the science of sending, receiving and storing information wirelessly via telecommunication devices. Celevoke has integrated Telematics and Global Positioning Systems (GPS) with sensing technology. This proprietary suite of hardware and software products enables users to remotely monitor, track, control and protect a wide variety of asset classes. Examples include people, automobiles and trucks, shipping containers and covert vehicles used for law enforcement and intelligence gathering in a global marketplace. Celevoke is 56% owned by Current Technology.

About MSGI Security Solutions

MSGI Security Solutions, Inc. is a leading international provider of proprietary security solutions to commercial and government organizations. MSGI is developing a combination of innovative emerging businesses that leverage information and technology with a focus on encryption technologies for actionable surveillance and intelligence monitoring. The Company is headquartered in New York City where it serves the needs of counter-terrorism, public safety, and law enforcement in the United States , Europe , the Middle East and Asia . More information on MSGI is available on the company's website at www.msgisecurity.com

The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors, including general economic conditions, spending levels and other factors could cause actual results to differ materially from the Company's expectations.

SOURCE MSGI Security Solutions, Inc.



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