United Closes Second Acquisition for 2008

S. Jorstad, Chairman, President and Chief Executive Officer of United Protection
Security Group Inc. ("UPSG" or "the Company"), a Canadian based security
protection company, trading on the TSX Venture Exchange under the symbol (TSX
VENTURE:UZZ), announces that further to the news release dated July 8, 2008,
UPSG is pleased to announce the closing of the acquisition of the man-guard
business of Kanaf Security Group Inc. ("Kanaf") of British Columbia. The
acquisition is effective October 31, 2008.


The purchase price for the man-guard business of Kanaf was $1,377,000. The total
purchase was funded by $500,000 cash on closing, $200,000 payable on or before
April 30, 2009, and a vendor financing of $677,000 repayable over three years.
The vendor has signed a three year non-compete agreement.


The acquisition is expected to generate revenue in excess of $5,000,000 per
annum and EBITDA in excess of $350,000 per year. Kanaf has provided man-guard
service in the lower mainland of B.C by the deployment of proprietary state of
the art integrated GPS software combined with readily available GPS
smart-phones, which allow the user to confirm on-site security service delivery
in real-time. UPSG is currently in negotiations with the vendors to enter into a
master licensing agreement to use the GPS Software with the intention of
deploying the technology to the rest of its customer base.


"I am pleased with the results of our acquisition strategy and the completion of
the Kanaf transaction, marking a second successful acquisition for us in 2008,"
noted Sig Jorstad. I am confident that this accretive acquisition will
complement our strong organic growth profile and make UPSG an even more
prominent growth company in its markets."


United Protection Security Group Inc. is fully committed to its strategy of
investing in accretive acquisitions, and achieving organic growth through
continuous investment in strong management.


(1) EBITDA = earnings before interest, taxes, depreciation, amortization.

About United Protection Security Group Inc.

United Protection Security Group Inc. 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.


Delivering 21st Century Solutions to centuries old problems through a network of
'Elite Private Protection Professionals'.


Pro - Active and Progressive Management has moved the company into the ranks of
one of the most dynamic security companies in Western Canada. With a strong
foundation and a dedicated professional management team, we are moving forward
in our development strategy.


United Protection Security Group Inc. is committed to providing its clients with
a "superior quality service" at a competitive price. It is further committed to
providing its employees and associates with the assistance, support, and
opportunity to maximize their individual potential for excellence, peak
performance and personal growth. It is the Company's policy and highest priority
to protect the health and welfare of all its clients and employees and their
respective property.


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Statements in this press release other than purely historical information,
including statements relating to the Company's future plans and objectives or
expected results, are forward-looking statements. Forward-looking statements are
based on numerous assumptions and are subject to all of the risks and
uncertainties inherent in the Company's business, including risks related to
business development and retention, and risks related to the current economic
and credit conditons. As a result, actual results may vary materially from those
described in the forward-looking statements.