REGINA, SK, Nov. 17, 2021 /CNW/ – SSC Security Services Corp. (formerly Input Capital Corp.) (“SSC” or the “Company) (TSXV: SECU) (OTCQX: SECUF), a leading provider of physical and cyber security services, is pleased to provide the following update to shareholders.
In recent weeks, SRG Security Resource Group Inc. (SRG), a wholly-owned subsidiary of SSC, has won several new significant multi-year cyber security contracts serving multiple industry sectors in several provinces. Among the more significant contracts are the following:
- A multi-million dollar five-year cyber security contract with a major Canadian utility provider to provide a full suite of cyber security services, including vulnerability and risk analysis, penetration testing, threat response and mitigation, and 24/7 Managed Security Services (MSS), which includes continuous threat monitoring of all devices across the entire organization;
- A MSS contract to provide 24/7 cyber monitoring to a large Treasury Board Crown Corporation in western Canada; and
- A multi-year MSS contract to provide 24/7 cyber monitoring to a large healthcare provider in Ontario.
In addition, SRG has recently signed a three-year renewal with an existing client for physical security services worth almost $2,000,000. The client is a national logistics company.
“We are starting to see results from our acquisition of SRG earlier this year,” said Doug Emsley, Chairman, President & CEO of SSC. “These are early days and we are already seeing solid growth in both our cyber and physical security divisions, winning new contracts, and expanding our teams to deliver these services. We are proud to provide reliable, high-quality security services to our clients, which are some of the largest enterprises, organizations and governments across Canada. We have many active new business initiatives underway and we look forward to having more to say about those in the days ahead.”
ABOUT SSC
SSC Security Services Corp. is a leading provider of physical and cyber security services to corporate and public sector clients across Canada. For more information, please visit www.securityservicescorp.ca.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Forward Looking Statements
This release includes forward-looking statements regarding SSC and its business. Such statements are based on the current expectations and views of future events of SSC’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting SSC, including risks regarding the security industry, the agricultural industry, economic factors and the equity markets generally and many other factors beyond the control of SSC. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and SSC undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
SOURCE SSC Security Services Corp.
