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FDBH Founders Bay Holdings (CE)

0.0003
0.00 (0.00%)
22 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Founders Bay Holdings (CE) USOTC:FDBH OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0003 0.00 01:00:00

IXSV Subsidiary Intersecurity Holdings Personnel Property and Defense Sign Joint Venture Agreement

06/07/2006 10:27pm

Business Wire


Founders Bay (CE) (USOTC:FDBH)
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Intersecurity Holdings Corporation (OTCPK: IXSV) 95% owned subsidiary, Intersecurity Holdings Personnel Property & Defense has signed a joint venture agreement with BG2000 Kft. The agreement stipulates that both parties agree to jointly approach end users and offer security related services, to private/public premises, buildings, and other installations in Hungary. "We hope that this alliance will allow our company broader access to the market. BG2000 Kft. is ISO 9002 certified and has a rather extensive client base in Hungary" stated Mr. Simone, President of Intersecurity Holdings. "BG2000 approached us several months ago regarding a joint venture and now that we have set up our subsidiary locally, we are able to proceed" added Mr. Simone. BG2000 clients include several malls and shopping centers, high tech companies and logistic centers, private companies, offices and buildings and a state owned company. BG2000 includes amongst its services: human manpower and electronic devices, armed guarding, deployment of electrical security systems. For additional information please contact Gene Foland of Equitable Research (USA) at +1 (954) 281-8266 or visit www.ixsv.com. Safe Harbor Statement: This press release may contain forward looking statements. The words 'estimate', 'possible' and 'seeking' and similar expressions identify forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.

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