United Protection Security Group Inc.: Second Quarter Results

S. Jorstad, Chairman, President and Chief Executive Officer of United Protection
Security Group Inc. ("UPSG" or "the Company"), a Canadian based company, trading
on the TSX Venture Exchange, under the symbol (TSX VENTURE:UZZ) reports that the
Company has released its consolidated interim financial statements for the
second quarter ended June 30, 2008 and the related management's discussion and
analysis of financial position and results of operations ("MD&A").


S.Jorstad further states that the Company made progress in several key areas,
including growing revenue year-over-year in every region, increasing gross
margins and generating cash from operations. To build on these improvements, the
Company must increasingly operate as a high growth national company, with
further cost saving integration of provincial operations to support its goals of
profitable revenue growth and increasing market share.


F.Ramsoondar, Chief Financial Officer states that the Company posted revenue of
$6,614,467 for the quarter ended June 30, 2008, compared to $5,322,985 for the
same quarter last year, an increase of $1,291,482 or 24.26%. Gross profit for
the quarter ended June 30, 2008 amounted to $1,547,572, compared with $1,311,467
for the same quarter last year, an increase of $236,105.


The decrease in income before income taxes and EBITDA is largely attributed to
the acquisition costs of $262,283 expensed in the quarter ended June 30, 2008.


As a result of the above, loss before income taxes totalled $(163,890) for the
quarter ended June 30, 2008, compared with income of $202,308 for the same
period last year. The Company recorded a negative EBITDA of $(30,286) for the
quarter ended June 30, 2008, compared to $308,803 for the same period last year,
a decrease of $339,089.




                            Three         Three           Six           Six 
                     months ended  months ended  months ended  months ended 
                     Jun. 30,2008  Jun. 30,2007  Jun. 30,2008  Jun. 30,2007

Normalization of 
 EBITDA & EBITDAS

EBITDA                $   (30,286)   $  308,803    $  402,683    $  446,030
 Add:
  Acquisition costs 
   (Note 18 of 
   interim financial 
   statements)            262,283             -       262,283             -
                    --------------------------------------------------------
Normalized EBITDA     $   231,997    $  308,803    $  664,966    $  446,030
                    --------------------------------------------------------
                    --------------------------------------------------------

EBITDAS               $    30,428    $  308,803    $  463,397    $  446,030
 Add:
  Acquisition costs 
   (Note 18 of 
   interim financial 
   statements)            262,283             -       262,283             -
                    --------------------------------------------------------
Normalized EBITDAS    $   292,711    $  308,803    $  725,680    $  446,030
                    --------------------------------------------------------
                    --------------------------------------------------------



The CEO and CFO will host a conference call on Tuesday, September 2, 2008
between 9:00 hrs and 10:00 hrs MST, to discuss the Company's financial results.
To participate please call 1-866-305-1460 and enter access code 7656618#.
Alternatively, interested parties may listen to the live broadcast of the call
over the Internet at www.unitedprotection.com.


EBITDA = Earnings before interest, taxes, depreciation and amortization.

EBITDAS = Earnings before interest, taxes, depreciation, amortization and
stock-based compensation.


About United Protection Security 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'.


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.


Copies of the consolidated interim financial statements, related MD&A, CEO and
CFO 52-109F2 certification forms can be found on SEDAR at www.SEDAR.com.