NEWS RELEASE: GlobalOptions Group Awarded Contract with Carle Clinic Association
NEWS RELEASE
GlobalOptions Group Awarded Contract with Carle Clinic Association
Company To Conduct, Review and Develop
System-wide Disaster Preparedness and Recovery Plans
NEW YORK, April 2, 2008 - GlobalOptions Group, Inc. (NASDAQ: GLOI), a leading provider of domestic and international risk management services, today announced that James Lee Witt Associates, its Crisis Management and Preparedness Division, has been awarded a one-year contract to provide disaster preparedness and business recovery planning assistance for Carle Clinic Association based in Urbana, Illinois.
GlobalOptions Group's James Lee Witt Associates (JLWA) will work with Carle Clinic officials to develop an all-hazards preparedness plan and business recovery plan that focus on strong communication, collaboration, and coordination between Carle Clinic and external stakeholders who play an integral role in successful outcomes. The project will examine notification systems, back-up procedures, and other factors that help ensure sufficient healthcare providers, supplies and equipment are available to delivery care to area residents if an emergency situation occurs.
"The development of this disaster preparedness plan will be crucial for Carle Clinic and its facilities to become better prepared for a crisis," said James Lee Witt, Chief Executive Officer of James Lee Witt Associates. "The customization of this plan for each location will allow it to be more beneficial, covering all types of events, such as severe weather, power outages, and evacuations."
GlobalOptions Group's James Lee Witt Associates has one of the most experienced teams of disaster planning specialists in the emergency management industry. They have developed and implemented business continuity and recovery plans for dozens of states, municipalities, universities, and corporations.
"We are pleased to have James Lee Witt Associates on board for this effort," said R. Bruce Wellman, MD, Carle Clinic President and Chief Executive Officer. "With a more effective preparedness plan, we can be more confident and efficient in our work, in turn providing the highest level of service and care to our patients throughout Central Illinois."
"This plan will become an example that other medical campuses across the country will want to follow," said Dr. Harvey Schiller, Chairman and Chief Executive Officer of GlobalOptions Group. "With the tremendous dedication Carle Clinic has to caring for others, it is important that they also care for themselves."
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.
Carle Clinic Association
Carle Clinic Association is one of the largest private physician groups in the United States comprised of more than 330 physicians practicing in more than 50 specialties and subspecialties, with 19 physicians recently selected as 2007-2008 Best Doctors in America®. To meet the health care needs of residents throughout East Central Illinois, services are provided through a network of 11 branch clinics and other specialty facilities including their Spine Institute, Plastic Surgery Center and new Cancer Center which scheduled to open in Spring 2008. Additional information can be found at www.carle.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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