SageGroup Strategies Forms Division to Help Troubled Homeland Security Companies Nationally and Internationally
San Francisco, CA; New York City, NY; and Chicago, IL;
-- July 25, 2005. SageGroup Strategies announces that it
has formed a major new Homeland Security Industries Division
to help troubled Homeland Security companies within the
USA and throughout the world.
SGS is the USA's and world's largest Professional Troubled-Company
Specialist firm, with over 600 professionals based in over
60 offices located in the USA, Canada, Europe, and Asia.
"The rapidly-expanding and rapidly-evolving Homeland
Security Sector consists of many companies in many industries,"
explained Dr. Ken Ferguson, a SGS Homeland Security Industries
Division Co-Manager with strong technology-related business
experience and with a nuclear engineering doctorate degree.
"The governments of the USA and many other countries
can be expected to focus on such areas as: bioterrorism
analysis; chemical and nuclear plant vulnerabilities; transportation
infrastructure; border entry detection and prevention; immigration;
computer security; port security; container security; explosives
detection; airline baggage screener technology; railroad
safety and security; monitoring and tracking of trucks carrying
hazardous materials; coast guard support; firefighter assistance;
emergency preparedness; threat and vulnerability assessment
and warning systems; biological countermeasures and surveillance;
nuclear and radiological countermeasures; high-explosives
countermeasures; and others. SageGroup is prepared and capable
of helping troubled companies having interests in serving
Homeland Security needs."
"The Homeland Security Sector is very large and complex,
including to contain many industries which themselves are
very large and fragmented, with there always being many
troubled companies," stated Thomas Murray, a SGS Homeland
Security Industries Division member with broad international,
global sourcing, and turnaround experience in many industries.
"SageGroup has formed this Division as part of a very
proactive overall program to help these troubled companies
to get out of trouble and move forward well."
"Also, the Homeland Security Sector is evolving and
transitioning very rapidly," added Galen Geigley, a
SGS Homeland Security Industries Division member with much
top-management and functional experience in companies that
he has entrepreneurially founded. "This includes both
in established industries and companies and also in exciting
new industries and companies. As an example, I have experienced
this first-hand in the powered parachute industry, including
as founder and president of Soaring Concepts, Inc., since
2000. Although this industry has been largely viewed primarily
as a sports and recreational field historically, we have
found much interest in recent years for powered parachutes
by governmental and other entities for Homeland Security,
border patrol, law enforcement, military, and related product
applications."
"The Homeland Security Sector has some major overall
aspects that are similar to the Religious Sector, another
major SageGroup priority." noted Chaplain Alvin McKinley,
a military chaplain who is concurrently a SGS Homeland Security
Industries Division member and a SGS Religious Sector Division
Co-Manager. "First, both Sectors are huge, with many
nonfinancial and financial opportunities and incentives
for their involvees therein. Second, both Sectors are complex
and multi-faceted, with many troubled companies that cannot
find the very capable Professional Troubled-Company Specialist
capabilities that SageGroup has specifically developed for
these Sectors. And, third, both Sectors fit very well with
high-principled SageGroup's interest in helping good people
in various nonbusiness and business ways, while also proactively
countering bad intentions and attempted actions by bad persons."
"Homeland Security has been becoming a larger and
larger concern and focus of the public, governments, companies,
organizations, and other entities throughout the world,"
added Larry Lindsey, another SGS Homeland Security Industries
Division Co-Manager with over 35 years of experience as
a troubled-company specialist in over 300 situations, plus
as an executive, venture capitalist, financier, and entrepreneur.
"The world has been shocked by recent bombings, airplane
crashes, deadly kidnappings, and other tragedies in many
countries, including the USA, England, Spain, Israel, et.al.
And, television and other media contain many frightening
discussions about even more devastating possibilities of
various types. SageGroup has the capabilities and high interest
to help much in the Homeland Security fight against such
terrible possibilities."
"Troubled companies in the Homeland Security Sector,
as in any other sector or industry, often have serious Human
Resources problems; this is an area in which we can provide
our extensive expertise," added Sherry McVicar, another
SGS Homeland Security Industries Division member who has
over 30 years of experience as a HR professional, and who
also manages McVicar & Associates, LLC, a Human Resources
firm specializing in troubled companies. "Human Resources
issues in Homeland Security companies can encompass employee
relations matters, labor issues, and management and organizational
structure challenges, as well as Human Resources issues
unique to this market segment."
The SGS Homeland Security Industries Division has at least
one representative in every SGS Office worldwide. For maximum
confidentiality, initial inquiries from troubled Homeland
Security companies and their representatives can be directed
to Larry Lindsey, a SGS Managing Director and a SGS Homeland
Security Industries Division Co-Manager, at SGS's International
Coordination Office, phone number (510) 865-2480.
SOME RELATED SAGEGROUP STRATEGIES INFORMATION:
SGS specializes in providing high-quality Professional
Troubled-Company Specialist services to troubled companies.
In doing so, the Firm works very closely with other professional
entities that provide complementary services or help,
such as angel investors, investment banking firms, banks,
other financing entities, law firms, business brokers,
CPA firms, collection agencies, and many others.
SageGroup is the largest Professional Troubled-Company
Specialist firm in the USA and the world, with over sixty
offices in the USA, Canada, Asia, and Europe, and with
several more pending offices. The Firm specializes in
helping troubled companies and other complex situations.
Its main objectives include to: a) resolve their serious
problems; b) reorganize and restructure them in an optimal
manner; c) obtain sufficient financing; and/or d) grow
and develop the ongoing companies in a positive appropriate
manner.
SageGroup offers a powerful large group of professionals
who are experts at helping companies get out of trouble
and move forward. The Firm's staff includes over 600 highly-qualified
specialists, including: financing and financial experts;
turnaround experts; troubled-company specialists; marketing
specialists; international business experts; attorneys;
strategists; CPAs; corporate development specialists;
acquisition and strategic alliance experts; corporate
executives; operations experts; global sourcing specialists;
industry specialists; technologists; and many others.
SageGroup's staff has been involved in hundreds of difficult
company situations, including: refinancings; turnarounds;
crisis management; debtor programs; spin-outs; restructurings
and reorganizations; managed wind-downs and shut-downs;
and transitions into being larger, stronger, well-financed,
and stronger-management-team-run ongoing companies.
Besides it being very knowledgeable, capable, credible,
and experienced in troubled-company situations, SageGroup
emphasizes being very discreet, working with absolute
confidentiality and behind the scenes whenever necessary.
As part of its strict confidentiality policies, the Firm
has never disclosed or publicized the names of its clients.
MEDIA CONTACT:
David Lawrence
International Coordination Office
SageGroup Strategies, Inc.
1370 Third Street, Suite 110
Alameda, CA 94501
(510) 865-2480 Phone
(510) 865-6654 Fax
SGS@SageGroupStrategies.com