GlobalOptions Group Executive James Lee Witt to Testify at House Small Business Committee in Washington on Thursday
GlobalOptions Group Executive James Lee Witt to Testify at House Small Business Committee in Washington on Thursday
New York, March 8, 2007 – GlobalOptions Group, Inc. (OTCBB: GOPG), a leading provider of domestic and international risk management services, today announced that James Lee Witt, Former Director of the Federal Emergency Management Agency (FEMA) and CEO and Chairman of GlobalOptions Groups' James Lee Witt Associates, a public safety and crisis management consulting firm, will testify at a hearing of the House Small Business Committee on behalf of the Small Business Administration in Washington on Thursday, March 8, 2007. Testimony is available here.
The Hearing on Disaster Relief and Access to Capital Legislation will focus on the SBA's disaster readiness and planning processes as well as a proposed bill regarding the SBA Disaster Assistance Program, which is chaired by Congressman Nydia M. Velázquez.
During his tenure as Director of FEMA under the Clinton Administration, Mr. Witt saw firsthand how communities benefited from the SBA and its disaster loan assistance programs, and in a number of instances was able to work with SBA to streamline disaster recovery process and provide better service to citizens who are victim to disaster.
Mr. Witt will share his blueprint for reinvention of disaster-related agencies to help repair the SBA to better serve disaster victims.
"Congresswoman Velázquez and committee should be applauded for their vigorous pursuit to make sure that the Small Business Administration is prepared to help citizens in their worst of times such as a disaster," said James Lee Witt. "The ability to build bi-partisan cooperation in Congress and between the Executive and Legislative branches was key to the reinvention of FEMA during my time as Director and I hope to provide some insight to Congress during my testimony," said Witt.
Mr. Witt won international acclaim for his role in transforming FEMA and coordinating the federal response to more than 350 disasters during his tenure as director from 1993 through 2000. He is also the former chief executive of the International Code Council, an association dedicated to building safety. Today, he serves as CEO and Chairman of James Lee Witt Associates, a unit of GlobalOptions Group, Inc.
The SBA helps Americans start, build and grow businesses. Through an extensive network of field offices and partnerships with public and private organizations, SBA delivers its services to people throughout the United States, Puerto Rico, the U. S. Virgin Islands and Guam.
About GlobalOptions Group, Inc.
GlobalOptions Group, with headquarters in New York City and offices in 16 cities, is a provider of high-end risk assessment and mitigation services to Fortune 1000 corporations, governmental organizations and high-profile individuals throughout the world. GlobalOptions Group's services currently include risk management and security, investigations and litigation support, and crisis management. These engagements take GlobalOptions Group staff around the world and are typically highly-sensitive engagements where GlobalOptions Group is interacting with senior leaders in corporations and governments. Its overall mission is to identify, evaluate, assess, prevent and correct issues that may threaten people, organizations or strategic initiatives for corporations or governments. Additional information can be found at www.globaloptionsgroup.com
About James Lee Witt Associates
Founded in 2001, James Lee Witt Associates (JLWA), a part of the GlobalOptions Group, is a public safety and crisis management consulting firm based in Washington, D.C. with offices in Atlanta, Chicago, Little Rock, and Sacramento. Led by James Lee Witt, the FEMA Director under President Clinton, JLWA has unrivaled experience and hands-on knowledge of public safety, disaster response, continuity of operations, and emergency management issues. JLWA's management team and staff include some of the nation's most notable and experienced disaster management experts, such as General Wesley Clark, one of the nation's most distinguished retired military officers, who formerly served as NATO Supreme Allied Commander; and Rodney Slater, who formerly served as U.S. Secretary of Transportation.
JLWA's clients include the nation's premier universities, hospitals, governments, and a variety of Fortune 500 companies including those in the insurance, transportation, entertainment, finance, utilities, and emergency management industries. JLWA was retained by the State of Louisiana to help Governor Blanco on disaster recovery matters in the aftermath of Hurricane Katrina and by the City of Philadelphia to conduct a top-to-bottom emergency preparedness assessment. JLWA has advised government leaders, including governors, members of Congress, administration officials, and state and local elected officials, on emergency management policies and programs. www.wittassociates.com
Statements in this press release regarding the company's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. The company wishes to caution readers not to place undue reliance on such forward-looking statements, which statements are made pursuant to the Private Securities Litigation Reform Act of 1994, and as such, speak only as of the date made. To the extent the content of this press release includes forward-looking statements, they involve various risks and uncertainties including the successful integration of the acquired businesses, projected financial information, and the continued successful implementation of the company's business strategy.
Certain of these risks and uncertainties will be described in greater detail in GlobalOptions Group's filings with the Securities and Exchange Commission. GlobalOptions Group is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
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