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In 1951, George Russell Wackenhut joined the FBI as a special agent in Indianapolis and Atlanta, handling
counterfeit money and bad-check cases and tracking down Army deserters. He resigned in 1954 to launch Special Agent Investigations in Coral Gables, Florida, with three other former agents - William Stanton, A. Kenneth Altschul and Miami lawyer and FBI agent Ed Du Bois, Jr. Following an infamous
in-office fist fight with Du Bois, Jr. in 1955, a professional split occurred and Du Bois, Jr. went on to form his own company, Investigators, Inc, focusing on private investigations. In 1958, Wackenhut bought out his remaining partners, renamed the company after himself and expanded into the security guard field, and went public in 1965.

The Wackenhut Corporation provided security services to commercial and government organizations. In 2002 the company was acquired for $570 million by Danish corporation Group 4 Falck. G4S was formed in July 2004, when Group 4 Falck’s security business merged with Securicor to create Group 4 Securicor and began trading on both the London and Copenhagen Stock Exchanges. In 2010, G4S Wackenhut changed its name to G4S Secure Solutions (USA) to reflect the new business model. The U.K. based G4S, which is one of the largest security corporations in the world

wackenhut nostalgia

A Proven Company at the Dawn of a New Era

From its founding in 1954, The Wackenhut Corporation has been characterized by two attributes: an absolute commitment to the highest standards of integrity, quality and performance, and an entrepreneurial corporate culture. The result is a flexible, responsive, market-driven organization that pro-actively develops sustainable lines of services that the corporation can support, manage and deliver effectively and profitably.

Now the corporation has entered a new era defined by two phenomena. One is the vastly accelerated rate of change, and consequent perplexity, driven by rapid advances in technology and the advent of price-driven global competition. The other, a reaction to the first, is the growth of outsourcing, or privatization of services by large, complex organizations. Only organizations that can help their clients win in this turbulent environment will thrive.

In this era of rapid change, blue-chip companies looking for outsourcing partners put a premium on stability and reliability. They put a high value on the quality and performance standards of their partners, so they have the freedom to concentrate fully on their own core business. And they prize partners who can help them minimize the distraction of having to deal with multiple vendors to obtain related services.

The Wackenhut Corporation, having developed all those attributes over the last four decades, is ideally positioned to prosper in this new era of outsourcing and privatization.

As the corporation has grown in size and expanded into new service areas, it has structured itself to avoid becoming bureaucratic and reactionary. Its four main business units, the North American Operations Group, Wackenhut Corrections, Staffing Services and the International Operations Group, while synergistic, operate in an environment which allows the pursuit of independent business goals. As the various units grow, they are incorporated as separate subsidiary businesses, helping to preserve the entrepreneurial spirit of the organization.

Nonetheless, they are all part of The Wackenhut Corporation. The internal delineations are transparent to clients, enabling them to select among a menu of interrelated services from a single source, greatly simplifying their outsource management process.
On the government side, the trend toward privatization is more price-driven compared to outsourcing in the private sector, where the ability to more flexibly allocate resources is the prime driver. However, the cost-justification of privatization is so compelling that what started as isolated socio-political experiments not many years ago is rapidly becoming a wholesale conversion of the way government provides many services.

The responsibility of governments to provide, and the demands of voters for, satisfactory service works to the advantage of companies that compete on a value-added basis. On many of the government contracts won by the corporation, it was not the low bidder. Again, a proven reputation for excellent performance stands the corporation in good stead in this new era.

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wackenhut 1999 press releases

WACKENHUT CORPORATION WINS CONTRACT FOR SECURITY SERVICES AT SOUTH CAROLINA GOVERNMENT SITE

Palm Beach Gardens, Florida, January 29, 1999 - Wackenhut Services Inc., a subsidiary of The Wackenhut Corporation (NYSE: WAK and WAKB), announced today that it has been awarded a five-year contract valued at $300 million, with a five-year renewal option, to continue providing security services at the U.S. Department of Energy's Savannah River Site in Aiken, South Carolina.

The Savannah River Site (SRS) is a 310-square-mile site where the Department of Energy processes and stores nuclear materials in the support of national defense and the nation's nuclear non-proliferation efforts. Wackenhut has approximately 740 employees at the complex and has provided security and law enforcement support to the SRS since August 1983.

"With our fifteen years at the site, we have come to fully understand the important role that SRS plays in our nation's nuclear programs," said Dr. Lawrence Brede, Jr., Wackenhut's senior vice president and general manager at the site. "We know how to protect SRS assets, and our employees have proven their expertise, having earned a number of regional, state and national awards for a commitment to total quality."

Richard R. Wackenhut, president and chief operating officer of The Wackenhut Corporation, said "Our company has a distinguished history of service to various branches of the federal government both in the United States and overseas, and we pledge our total corporate resources to insure the continued effective and efficient performance of our services at the Savannah River Site."

Wackenhut Services, Inc. is the largest supplier of security services to the U.S. Department of Energy, with other contracts at the Nevada Test Site near Las Vegas; the Nonproliferation and National Security Institute in Albuquerque, New Mexico; and the Rocky Flats Environmental Technology Site in Colorado, and the Department's headquarters in Washington, DC.

In addition to security-related services, Wackenhut provides employee leasing and temporary staffing, facility management, food service, education and training, and supplementary police, fire and emergency services. The Wackenhut Corporation is the majority shareholder in Wackenhut Corrections Corporation (NYSE: WHC), a global leader in privatized corrections: designing, financing, building, and managing correctional and detention facilities for government agencies.

WACKENHUT SELECTED BY BANK OF AMERICA FOR $21 MILLION ANNUAL CONTRACT FOR SECURITY SERVICES

Palm Beach Gardens, Florida, February 17, 1999 - The Wackenhut Corporation (NYSE: WAK, WAKB) has been selected by BANK of America for a contract to provide security services at financial institutions in Illinois and five western states. Wackenhut's contract, valued at approximately $21 million in annual revenues, calls for uniformed security officers and administrative support at multiple sites and a phased start-up schedule beginning on March 28, 1999.

Wackenhut has had a nationwide contract with NationsBank for security services since 1993. With the recent merger of NationsBank and BankAmerica Corporation to become Bank of America, Wackenhut is now contracted by the combined companies for security services having total annualized revenues of $42 million in the United States, Greece and Chile.

Richard R. Wackenhut, president and chief operating officer of The Wackenhut Corporation, said, "An established operational presence in over 50 countries enables The Wackenhut Corporation to provide a high level of professionalism on a global basis to multi-national companies like Bank of America. We are proud to be associated with their prestigious name both here in the United States and abroad."

Alan B. Bernstein, president of North American Operations for The Wackenhut Corporation, said, "Our operations to support Bank of America will now span 22 states and three countries. In terms of revenues and number of employees, it is one of the largest commercial security contracts in the country today, and a testament to the success of our national accounts program which serves numerous other national and multi-national companies, including AT&T, Allied-Signal and DaimlerChrysler."

The Wackenhut Corporation ( www.wackenhut.com ) is a leading international provider of security-related and other support services to major corporations and a wide range of industrial and commercial customers. It has operations throughout the United States and in over 50 other countries on six continents, and is also a leader in the privatization of public services for municipal, state and federal agencies.

In addition to security-related services, Wackenhut provides employee leasing and temporary staffing, facility management, food service, education and training, and supplementary police, fire and emergency services. The Wackenhut Corporation is the majority shareholder in Wackenhut Corrections Corporation (NYSE: WHC), a global leader in privatized corrections: designing, financing, building, and managing correctional and detention facilities for government agencies.

FOR IMMEDIATE RELEASE

WACKENHUT CORPORATION RECEIVES CONTRACT TO PROVIDE SECURITY-RELATED SERVICES FOR ORACLE CORP.

Palm Beach Gardens, Florida, January 13, 1999 - The Wackenhut Corporation (NYSE: WAK and WAKB), a leader in the outsourcing of security and human resource services, has been awarded a contract as the primary provider of security personnel to Oracle Corporation at its world headquarters campus in Redwood Shores, California. Oracle is the world's leading supplier of software for information management.

Richard R. Wackenhut, president and chief operating officer of The Wackenhut Corporation, said, "We are pleased to receive this expression of confidence in the quality and effectiveness of our services by this prestigious company and leader in its industry. Oracle joins many other leading companies who have out-sourced their security needs with Wackenhut and accepted our pledge to provide a high level of professionalism in the coordination and execution of the security function."

The annualized value of the contract is $2.5 million and Wackenhut will employ approximately 130 people to carry out the requirements of the contract.

Alan B. Bernstein, president of North American Operations for The Wackenhut Corporation, said, "We have a regional office in California, as well as in other regions of the country. This gives us the unique capability of providing a uniform level of high quality services throughout the country while maintaining close liaison with the customer from a local office empowered to provide effective and timely responsiveness."

The Wackenhut Corporation ( www.wackenhut.com ) is a leading international provider of security-related and other support services to major corporations and a wide range of industrial and commercial customers. It has operations throughout the United States and in over 50 other countries on six continents, and is also a leader in the privatization of public services for municipal, state and federal agencies.

In addition to security-related services, Wackenhut provides employee leasing and temporary staffing, facility management, food service, education and training, and supplementary police, fire and emergency services. The Wackenhut Corporation is the majority shareholder in Wackenhut Corrections Corporation (NYSE: WHC), a global leader in privatized corrections: designing, financing, building, and managing correctional and detention facilities for government agencies.

FOR IMMEDIATE RELEASE

WACKENHUT CORPORATION RECEIVES MULTI-STATE CONTRACT FROM INGRAM MICRO INC.

Palm Beach Gardens, Florida, January 12, 1999 - The Wackenhut Corporation (NYSE: WAK and WAKB), a leader in the outsourcing of security and human resource services, has been awarded a three-year contract as the primary provider of security personnel to Ingram Micro Inc. at its nine distribution centers located in six states. The value of the contract over the three-year period is in excess of $15 million.

Richard R. Wackenhut, president and chief operating officer of The Wackenhut Corporation, said, "We are pleased to receive this expression of confidence in the quality and effectiveness of our services. Ingram Micro joins many other leading companies who have sole-sourced their nationwide security needs with Wackenhut in order to take advantage of the effectiveness of corporate-directed planning, coordination and execution of the security function."

Under the terms of the contract Wackenhut will provide approximately 225 employees at the nationwide locations. Ingram Micro Inc., the largest worldwide distributor of computer technology products and services, is headquartered in Santa Ana, CA.

Alan B. Bernstein, president of North American Operations for The Wackenhut Corporation, said, "Our company's network of nationwide area and district offices, linked by the coordinating efforts of our National Accounts Group, gives us the unique capability of providing a uniform level of quality service on a multi-state or multi-national basis. We provide similar services to a number of prestigious companies with widespread operations, such as NationsBank, Allied-Signal, AT&T and DaimlerChrysler."

The Wackenhut Corporation ( www.wackenhut.com ) is a leading international provider of security-related and other support services to major corporations and a wide range of industrial and commercial customers. It has operations throughout the United States and in over 50 other countries on six continents, and is also a leader in the privatization of public services for municipal, state and federal agencies.

In addition to security-related services, Wackenhut provides employee leasing and temporary staffing, facility management, food service, education and training, and supplementary police, fire and emergency services. The Wackenhut Corporation is the majority shareholder in Wackenhut Corrections Corporation (NYSE: WHC), a global leader in privatized corrections: designing, financing, building, and managing correctional and detention facilities for government agencie

FOR IMMEDIATE RELEASE

WACKENHUT CORPORATION SELECTED BY DAIMLER-CHRYSLER TO PROVIDE NATIONWIDE SECURITY SERVICES
Palm Beach Gardens, Florida, January 11, 1999 - The Wackenhut Corporation (NYSE: WAK and WAKB), a global leader in providing security-related services, announced today that DaimlerChrysler (NYSE: DCX) awarded the company a multi-year contract to provide security services at multiple nationwide locations.

Richard R. Wackenhut, president and chief operating officer of The Wackenhut Corporation, said "We are extremely pleased with the confidence that DaimlerChrysler has expressed in our organization through the award of this contract. Wackenhut has a distinguished history of service to nationwide as well as multi-national corporations in the protection of operational assets and facilities. We are indeed proud to be associated with the quality operations and prestigious name of DaimlerChrysler."

Alan Bernstein, president of Wackenhut's North American Operations, said, "The addition of this contract to our portfolio of national clients further establishes Wackenhut as a global leader in providing outsourced SECURITYservices to businesses, industrial locations and government agencies. In addition to DaimlerChrysler, Wackenhut provides multi-site SECURITY to such prestigious companies and organizations as Allied-Signal, AT&T, NationsBank, DELL COMPUTER, and Alyeska, the operator of the trans-Alaska oil pipeline."

The Wackenhut Corporation has a 44-year record of providing high quality security-related, facility management and diversified human resources services to business, industry and government agencies. The company's diversified capabilities include: security and physical protection, employee leasing and temporary staffing, facility management, food service, and fire, emergency and supplementary police services. The company has operations in every state and over 50 countries on six continents.

The Wackenhut Corporation (www.wackenhut.com) is the majority shareholder in Wackenhut Corrections Corporation (NYSE: WHC), a global leader in privatized corrections: designing, FINANCING, building, and managing correctional and detention facilities for government agencies.

FOR IMMEDIATE RELEASE

WACKENHUT CORPORATION RECEIVES MULTI-STATE AT&T CONTRACT IN EXCESS OF $110 MILLION

Palm Beach Gardens, Florida, December 16, 1998 - The Wackenhut Corporation (NYSE: WAK WAKB) has been awarded a five-year contract as the primary provider of security personnel to the administrative and operational facilities of AT&T in 33 states and the District of Columbia. The non- commitment agreement has potential value of up to $110 million over its five- year term.

Richard R. Wackenhut, president and chief operating officer of The Wackenhut Corporation, said, ``We take great pride in the confidence placed in our SECURITY services by AT&T in selecting Wackenhut to provide this critical service for their widespread organization. The contract further establishes our company as the premier provider of security-related services to nationwide and multi-national corporations.''

Under the terms of the contract Wackenhut provides approximately 900 employees at the nationwide locations. The company has set aside approximately 20 percent of the contract for participation by minority businesses.

Alan B. Bernstein, president of North American Operations for The Wackenhut Corporation, said, ``Our company's network of nationwide area and district offices, linked by the coordinating efforts of our National ACCOUNTS Group, gives us the unique capability of providing a uniform level of quality service on a multi-state or multi-national basis. We provide similar services to a number of prestigious companies with widespread operations, such as NationsBank, Allied-Signal, Saturn and Fieldcrest-Cannon.''

The Wackenhut Corporation is a leading international provider of security- related and other support services to major corporations and a wide range of industrial and commercial customers. It has operations throughout the United States and in over 50 other countries on six continents, and is also a leader in the privatization of public services for municipal, state and federal agencies.

The Wackenhut Corporation is a diversified outsourcer providing security services, physical protection, employee leasing and temporary staffing, personnel and facility management, food service, EDUCATION AND TRAINING, and supplementary police, fire and emergency services. The company serves a wide range of clients in business, industry and government and has operations in every state and over 50 countries on six continents.

The Wackenhut Corporation is the majority shareholder in Wackenhut Corrections Corporation (NYSE: WHC), a global leader in privatized corrections: designing, FINANCING, building, and managing correctional and detention facilities for government agencies.

This press release contains forward-looking statements regarding future events and future performance of the company that involve risks and uncertainties that could materially affect actual results. Investors should refer to documents that the Company files from time to time with the SECURITIES and Exchange Commission for a description of certain factors that could cause actual results to vary from current expectations and forward- looking statements contained in this press release. Such filings include, without limitation, the company's Form 10K, Form 10Q and Form 8K reports.

FOR IMMEDIATE RELEASE

WACKENHUT AWARDED ISO-9002 REGISTRATION

Palm Beach Gardens, Florida, December 8, 1998 - The Wackenhut Corporation (NYSE: WAK WAKB) announced today that it has been awarded ISO-9002 Certification for the quality of its services under contract to the Saturn Corporation in Spring Hill, Tennessee.

Richard R. Wackenhut, president and chief operating officer of The Wackenhut Corporation, said, ``With the receipt of this distinction, Wackenhut becomes the first international contract security company to have obtained this CERTIFICATION in the United States. It was only achieved by the total commitment of the Wackenhut team at Saturn and substantial support from the North American Operations Group at our corporate headquarters.''

Alan Bernstein, executive vice president and president, North American Operations for Wackenhut, said, ``We chose this location as the first project for ISO-9002 because of the strong partnership and mutual commitment to quality which is found throughout the Saturn operation. The ISO registration is a strong endorsement of our processes at Saturn and is a tribute to the unique partnership that we established there in 1988. It is our intention now to extend the ISO standard throughout our North American Operations.''

Wackenhut's Director, Quality Operations, Michael Cooley, coordinated the certification process at Saturn, and added, ``Everyone in the Wackenhut organization recognizes the value of quality service and considers it a high priority. This operational philosophy has resulted not only in additional Fortune 500 customers seeking out our services, but also, and more importantly, their long-term retention.''

The Wackenhut Corporation has been the primary security and fire services provider to Saturn in Michigan and Tennessee for over ten years. Saturn has awarded Wackenhut its Quality Achievement of the Year award for the past four years and its Outstanding Achievement Recognition award for the past three.

Wackenhut is a leading international provider of security-related and other support services to major corporations and a wide range of industrial and commercial customers. It has operations throughout the United States and in over 50 other countries on six continents.

The company is a diversified outsourcer providing security services, physical protection, employee leasing and temporary staffing, personnel and facility management, food service, education and training, and supplementary police, fire and emergency services. It is a leader in the privatization of public services for municipal, state and federal agencies. The company serves a vast list of clients in business, industry and government and has operations in every state and over 50 countries on six continents.

The Wackenhut Corporation is also the majority shareholder in Wackenhut Corrections Corporation (NYSE: WHC), a global leader in privatized corrections: designing, financing, building, and managing correctional and detention facilities for government agencies.

Company founder George Wackenhut and his son, Richard Wackenhut, in 1997.

G4S Wackenhut, the U.S. subsidiary of U.K.-based G4S, is changing its name to G4S SECURE Solutions USA, a name that reflects a series of acquisitions in technology, investigative, consulting and risk management. Dropping the Wackenhut name is a milestone. The company’s lineage traces to the late George Wackenhut, an FBI agent who started a private investigative agency in 1954 in Coral Gables that he made into a global security company. He sold to a Danish company in 2002 that merged in 2004 with a U.K.-based firm to create G4S.

G4S Secure Solutions (USA) is an American security services company, and a wholly owned subsidiary of G4S plc. It was founded as The Wackenhut Corporation in 1954, in Coral Gables, Florida, by George Wackenhut and three partners (all are former FBI agents). In 2002 the company was acquired for $570 million by Danish corporation Group 4 Falck (itself then merged to form British company G4S in 2004). In 2010, G4S Wackenhut changed its name to G4S Secure Solutions (USA) to reflect the new business mode.

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