NEW YORK, NY and KUALA LUMPUR, MALAYSIA - (NewMediaWire) - December 21, 2015 - Malaysia Pro-Guardians Security Management Corp. (OTCQB: MPGS), a highly skilled and professionally-trained security protection team has announced today that it has acquired 50% equity share of SkyEye:DMS, a company that analyzes each registered driver's behavior and to form various reports, all to improve the driver's driving behavior towards mobility and safety on the road.
After the acquisition, Proguard Security Services will aim to install SkyEye:DMS systems in each of its security convoy vehicles. SkyEye's hardware function is to collect the driver's driving status and record driving videos and then upload the necessary data to a cloud-based server. With the Proguard Security Services acquiring SkyEye, the hardware can used to watch over the safety of the car and the driver, to successfully improve both mobility and safety on the road. This expansion will allow Proguard Security to further propagate its name as well as offer its security services to bureaucratic and governmental establishments.
Hua Fung Chin, Chief Executive Officer, commented, "This acquisition represents a substantial step forward for the company. SkyEye has demonstrated its capability as a driver awareness program. Our presence in a vast array of sectors will allow us to use the technology presented here to its fullest capacity. Our commitment to security and reducing accidents not only is a part of our stationary center business model, but it stretches to the open road as well."
About Malaysia Pro-Guardians Security Management Corp.: Malaysia Pro-Guardians Security Management Corp. is a highly professional protection team that upholds and maintains safety of their client interest to support our main core business in protecting our clients from any potential harm. It is the only private sector security company that is allowed to carry firearms in all of Malaysia. All of our security personnel are well trained to be professional, reliable, and highly trained to meet the highest standards in any critical situations encountered which include first aid, protocol utility, and diplomacy in a wide variety of tactical, protective, and security related subjects. Our company recognizes that each client has specific needs and objectives, which are each assessed and addressed individually; solutions are planned and tailored to the most rigorous demands. Additional information about this company is available at: www.proguardsecuritymanagement.com
Forward-Looking Statements: This release contains certain "forward-looking statements" relating to the business of the Company. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
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