NEWS RELEASE: GlobalOptions Group Awarded $1.12 Million in Contracts from N. J. Counties

GlobalOptions Group Awarded $1.12 Million in Contracts from
N. J. Counties
Company To Develop Long-Term Plans to
Lessen Impact of Man-Made and Natural Hazards
GlobalOptions Group's James Lee Witt Associates will work with community stakeholders, municipal and county officials, the State of New Jersey, and the Federal Emergency Management Agency (FEMA) to develop these plans, incorporating their input and drawing upon the latest and most relevant information about risk to develop a comprehensive mitigation strategy for each county.
"This process of working together with community stakeholders to identify hazards and reduce risk will help these counties reduce the types of damages and disruption that might otherwise occur when a disaster occurs," said James Lee Witt, Chief Executive Officer of James Lee Witt Associates.
GlobalOptions Group's James Lee Witt Associates has one of the most exp erienced teams of mitigation specialists in the industry. It has developed and implemented mitigation planning processes and development plans for dozens of major municipalities, counties, and states, including the management and implementation of the State of Louisiana's nearly $2 billion Hazard Mitigation Grant Program in the wake of Hurricanes Katrina and Rita.
"Union County is looking forward to working with James Lee Witt Associates to improve our county's mitigation plans," said Union County Freeholder Chester Holmes, who also serves as the County's homeland security committee chairman. "We will be engaging city agencies, non-profits, community leaders and citizens to become involved in creating a safer, more resilient, and better prepared community."
GlobalOptions Group
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.
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 acquired businesses and revenue run rates.
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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