Message #33 From:
NewsBot Date: February 26, 2007 05:00:00 AM
GLOI News GlobalOptions Group Receives Major Emergency Preparedness Contract with George Mason University
NEW YORK--(BUSINESS WIRE)--GlobalOptions Group, Inc. (OTCBB: GLOI), a leading provider of domestic and international risk management services, today announced that its James Lee Witt Associates unit has been chosen by George Mason University to prepare a comprehensive plan for disaster mitigation and business continuity.
Prior to this contract being awarded, George Mason University was provided a Disaster Resistant University grant through the Federal Emergency Management Agency’s Hazard Mitigation Program. The university, with four campuses in northern Virginia including one just a mile from the Pentagon, recognized its need to better prepare for all types of disasters. Over the past five years the school has dealt firsthand with responses to the September 11th terrorist attacks, Hurricane Isabel, and a number of power outages and floods.
“We realized a need to be able to maintain our critical operations in a disaster,” said Keith Bushey, Chief Safety Officer and Assistant Vice President at the university. “We felt that it was important to call upon the best in the field of emergency management to help us develop a hazard mitigation plan and business impact analysis in order to protect the lives and property of our students, staff, faculty and visitors.”
George Mason University called upon GlobalOptions to perform a business impact analysis, conduct a hazard vulnerability assessment, and create a hazard mitigation plan, which will be submitted to FEMA for approval. The company is working with the university to examine critical functions and disaster vulnerabilities. After an initial assessment, GlobalOptions will develop strategies to minimize risks to the university as well as recommend business continuity activities designed to maintain critical business operations and improve recovery times after a large-scale disaster.
“I am confident that with the help of GlobalOptions, we will be better prepared for any type of emergency in the future,” Bushey concluded.
About GlobalOptions Group, Inc.
GlobalOptions Group, with headquarters in New York City and offices in 16 cities, is a provider of high-end risk assessment and mitigation services to Fortune 1000 corporations, governmental organizations and high-profile individuals throughout the world. GlobalOptions Group’s services currently include risk management and security, investigations and litigation support, and crisis management. These engagements take GlobalOptions Group staff around the world and are typically highly-sensitive engagements where GlobalOptions Group is interacting with senior leaders in corporations and governments. Its overall mission is to identify, evaluate, assess, prevent and correct issues that may threaten people, organizations or strategic initiatives for corporations or governments. Additional information can be found at www.globaloptionsgroup.com
About James Lee Witt Associates
Founded in 2001, James Lee Witt Associates (JLWA), a part of the GlobalOptions Group, is a public safety and crisis management consulting firm based in Washington, D.C. with offices in Atlanta, Chicago, Little Rock, and Sacramento. Led by James Lee Witt, the FEMA Director under President Clinton, JLWA has unrivaled experience and hands-on knowledge of public safety, disaster response, continuity of operations, and emergency management issues. JLWA’s management team and staff include some of the nation’s most notable and experienced disaster management experts, such as General Wesley Clark, one of the nation's most distinguished retired military officers, who formerly served as NATO Supreme Allied Commander; and Rodney Slater, who formerly served as U.S. Secretary of Transportation.
JLWA’s clients include the nation’s premier universities, hospitals, governments, and a variety of Fortune 500 companies including those in the insurance, transportation, entertainment, finance, utilities, and emergency management industries. JLWA was retained by the State of Louisiana to help Governor Blanco on disaster recovery matters in the aftermath of Hurricane Katrina and by the City of Philadelphia to conduct a top-to-bottom emergency preparedness assessment. JLWA has advised government leaders, including governors, members of Congress, administration officials, and state and local elected officials, on emergency management policies and programs. www.wittassociates.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 the acquired businesses, projected financial information, and the continued successful implementation of the company’s business strategy.
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.
