EDMONTON - July 12, 2010 (www.Investorideas.com newswire) - Fredy Ramsoondar, CFO and Executive Vice President of United Protection Security Group Inc. (UPSG or the Company), (TSX-V: UZZ), announces that the Company has entered into an agreement providing for an Equity Line Facility (“ELF”) with Dutchess Opportunity Cayman Fund Ltd., a fund managed by Dutchess Capital Management, II LLC. Under the terms of the ELF, Dutchess has committed to provide up to $5 million of capital during the next three years, at the Company's discretion, through the issue of common shares.

"This new equity line facility gives us a flexible and inexpensive access to capital to support our growth initiatives." said F.Ramsoondar, Chief Financial Officer of the Company. "By demonstrating access to capital and the sequential improvement of our financial performance we are sending a clear and positive message to our shareholders".

Read more: United Protection Security Group Inc. (TSX-V: UZZ) - $5 MILLION EQUITY LINE FACILITY AGREEMENT

Point Roberts WA, Delta B.C., February 10 , 2010 - www.InvestorIdeas.com and its leading defense investor portals www.Homelanddefensestocks.com and www.nationalhomelandsecurityknowledgebase.com announce new featured showcase defense stock United Protection Security Group Inc. (TXS.V:UZZ).

 

United Protection Security Group Inc. (TXS.V:UZZ) is an established security protection company; focused on high impact, high visibility, and high risk security situations, coupled with one of the broadest ranges of traditional private security services in the industry.

 

Investors can view the full company profile for United Protection Security Group Inc. (TXS.V: UZZ) at http://www.investorideas.com/CO/UZZ/

Or visit the company website at http://www.unitedprotection.com/index.html.

Read more: Investorideas.com and Homelanddefensesstocks.com New Defense Stock Profile Featured for United...

The Allied Defense Group Announces Definitive Merger Agreement With Chemring Group PLC

The Allied Defense Group, Inc. (NYSE Amex: ADG) announced that it has signed a definitive merger agreement with Chemring Group PLC (LSE: CHR.L). Chemring has agreed to acquire The Allied Defense Group in an all-cash transaction valued at $7.25 per share, a premium of 54% over the closing price on January 15, 2010. The close of the transaction, which is subject to regulatory filing periods and shareholder approval, is expected within 90 days.

Major General (Ret) John J. Marcello, President and Chief Executive Officer of The Allied Defense Group said, "We are delighted to have our ammunition manufacturing companies join the Chemring Group. Operating as subsidiaries of a larger ammunition production organization will open far more opportunities than were available to them in a much smaller organization. The financial resources brought by Chemring will also benefit our customers and suppliers."

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Zareba Systems, Inc. Announces Merger Agreement with Woodstream Corporation; Zareba Shareholders to Receive $9.00 Cash Per Share

Zareba Systems, Inc. (NASDAQ: ZRBA) announced today that it has signed a definitive agreement to merge with a subsidiary of Woodstream Corporation, a Pennsylvania corporation. Woodstream is majority owned by private equity firms Brockway Moran & Partners, Inc. and Code Hennessy & Simmons LLC.

Under the terms of the agreement, a newly-formed subsidiary of Woodstream will merge with and into Zareba, Zareba will become a wholly-owned subsidiary of Woodstream, and Zareba shareholders will receive $9.00 in cash for each outstanding share of Zareba common stock. This price represents a premium of approximately 100% over the closing price of Zareba stock on January 11, 2010.

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TASER International Closes Year With Three Large Orders From Brazilian Ministry of Justice, Philadelphia and Chicago Police Departments

Company Provides Top Line 2009 4th Quarter Revenue Estimate at Approximately $32M

TASER International, Inc. (Nasdaq:TASR), a market leader in digital evidence solutions and electronic control devices (ECDs), today announced that it received and shipped three significant orders in December 2009. The first order for 2,250 ADVANCED TASER(R) M26(TM) Electronic Control Devices (ECDs) and related accessories was for the Brazilian Ministry of Justice. The second order was for the Philadelphia Police, PA, for 1,000 TASER(R) X26(TM) ECDs and related accessories. The third order was for the Chicago Police Department, IL, for 386 TASER X26 ECDs and related accessories.

Read more: TASER International Inc ( TASR )