|By Business Wire||
|December 27, 2013 10:00 AM EST||
Entering its second decade in the Homeland Security industry, Security Solutions International (SSI) is now positioned to expand its wide-range of services globally. Fueled by large contracts with Asia and Africa and a dramatic increase in sales in 2013, the company is focusing on expansion in key growth markets such as China, Southeast Asia, Africa and India.
With increases in sales and profit for two years in a row, and forecasts of profit continuing to increase, the executive team decided that the timing was right for expansion. “We are pleased to justify the confidence of our investors,” said Henry Morgenstern, President of SSI, “We will be filing for a trading symbol by March so that investors can have a chance to realize the gains.”
Aided by the full support of US Homeland Security, now is the time for SSI to expand. In addition, the company is publishing its flagship US magazine The Counter Terrorist in Singapore and recently participated at MILIPOL, the world’s largest Military event in Paris, France.
“China is expected to spend half of the world’s budget on Homeland Security in the next few years and we are looking for new technologies for these markets,” said Morgenstern.
The deterioration of the world’s security situation has meant more contracts for SSI in countries such as: Nigeria, Algeria and Singapore. In addition to International Terrorism, the constant acts of mass shootings, bombs and other criminal activity from the Middle East to the Far East and American cities have created a demand for training like never before. These new markets also require new technologies, and SSI is positioned to provide this know-how with its broad representation of U.S. and International manufacturers.
SSI has helped over 1,000 federal, state, and local agencies to prevent, prepare, and respond to the threat of organized crime, gangs, drug cartels, terrorist organizations, disease, and natural disasters since 2004.
SSI also provides the First Responder community with leading media in the field as the publishers of The Counter Terrorist Magazine, The Counter Terrorist Newsletter, webinars, and interactive learning, as well as the Annual Homeland Security Professionals Conference.