GardaWorld Announces the Appointment of Craig Malcolm as Managing Director of Consulting & Investigation Services in Canada

Market Wire, May, 2007

GardaWorld, the Global Risk Group of Garda World Security Corporation (TSX: GW), one of the most trusted consulting, investigation and security firms in the world, announced today the appointment of Craig Malcolm to the position of Managing Director, Consulting & Investigation Services in Canada.

Craig Malcolm, CFE, is a former Principal of LECG, the founder of FAIS, prior to its merger with Grant Thornton. He also held management positions at KPMG - Peat Marwick Thorne and the Guarantee Company of North America. Mr. Malcolm is recognized as an international expert who has investigated and managed hundreds of cases, including corporate fraud, loss recovery, asset tracing, employee impropriety, aggression and harassment, both on a proactive and reactive basis.

"Craig is a tremendous addition to our team," says Louis Laframboise, Vice-president, Consulting and Investigation Services at Garda. "He brings a wealth of experience that will contribute to Garda's expansion as the firm continues to broaden its global reach and capabilities around the world. "His international expertise and unique qualifications will certainly be an added value to our clients, operating both locally and globally."

With over 35 years of experience in his field, Mr. Malcolm has conducted inquiries throughout Canada, the U.S. and England. His unique qualifications include senior criminal investigations for the Ontario Provincial Police and Peel Regional Police services where, over a 15 year period, he made outstanding contributions to the Criminal Investigation Branch, Special Services by bringing to successful conclusion significant major crime investigations including occurrences of homicide, criminal intelligence and fraud. His clients have included private, public and crown corporations, partnerships and unions. Considered an accomplished interviewer and tracer of misappropriated assets he has successfully located hidden asset and acquired admissions, confessions, and witness affidavits, which have been invaluable in mitigating loss and establishing a factual and evidentiary record of what occurred.

Mr. Malcolm is a Certified Fraud Examiner, a member of the Association of Certified Forensic Investigators, and a contributor to the "Accountants Handbook on Fraud" published by the Canadian Institute of Chartered Accountants. He has also authored articles relating to Post 9-11 Risk for both Workplace Today and Plant Magazine and articles relating to corporate investigations for Lawyers Weekly.

GardaWorld includes Garda's Consulting, Investigation, and Global Risks groups and provides services to government and commercial clients around the world and in high-risk markets. GardaWorld unifies teams from KSG/KGSI (subsidiaries of Kroll), Vance, GSS Group, and CLI Chartrand Laframboise, providing a comprehensive and unified approach to market entry strategies and security planning.

For more information on GardaWorld, visit http://www.garda-world.com

About Garda

Garda is well known for addressing complex security and investigations issues. As a leading provider in consulting, investigation and security services, Garda is recognized as one of the fastest growing companies with operations across Canada and the United States, Mexico, Europe, the Middle East, Africa, and Asia. With 50,000 professionals, Garda offers integrated solutions in cash logistics, physical security, consulting and investigations, and enterprise intelligence services. Its team includes specialists and some of the most highly qualified and best-trained experts in the industry. For more information, visit: http://www.gardaglobal.com .

FORWARD-LOOKING INFORMATION -- This press release contains forward-looking statements reflecting Garda objectives, estimates, expectations and the impact of acquisitions on Garda's financial performance. These statements are identified by the use of verbs such as "believe", "anticipate", "estimate", and "expect" as well as by the use of future or conditional tenses. By their very nature, these types of statements involve risks and uncertainty. Consequently, reality may differ materially from Garda's projections or expectations.

Contacts: GardaWorld Lara Osseiran Corporate Communications Officer Office: 514-281-2811 x 2883 or 800-859-1599 x 2883 losseiran@gardaglobal.com Canadian Contact Laird Greenshields Morin Public Relations Office: 514-289-8688 x 221 or 877-289-7007 Cell: 514-464-3252 laird@morin-relationspubliques.com U.S./European Contact Joe Gavaghan Davies Murphy Group Office: 781-418-2419 Cell: 617-283-4936 jgavaghan@daviesmurphy.com


 

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