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TheStreet Open House

Command Security Responds To Letter Of Inquiry

Stocks in this article: MOC

Command Security Corporation (NYSE MKT: MOC) (the “Company”) is in receipt of a letter from a union advisory group, published by that group in the form of a press release, inquiring about the Company’s disclosure in its most recent proxy statement that certain Section 16(a) reports made by its directors and executive officers had not been timely filed. While the Company's board and management are open to and appreciative of shareholder input and views, the union advisory group in question does not itself appear to be a shareholder and has not identified any shareholder on whose behalf it is acting. Nevertheless, we take this input seriously. The Company discovered the missing filings when it recently undertook a comprehensive review of Section 16(a) reports of its executive officers and directors. Following discovery of the missing filings, the Company’s directors and executive officers promptly filed the required reports as described in more detail in our proxy statement. We want to assure our shareholders that our board and management are firmly committed to good corporate governance and to enhancing long-term shareholder value.

About Command Security Corporation

Command Security Corporation provides uniformed security officers , aviation security services and support security services to commercial, financial, industrial, aviation and governmental customers throughout the United States. We safeguard against theft, fraud, fire, intrusion, vandalism and the many other threats that our customers are facing today. By partnering with each customer, we design programs customized to meet their specific security needs and address their particular concerns. We bring years of expertise, including sophisticated systems for hiring, training, supervision and oversight, backed by cutting-edge technology, to every situation that our customers face involving security. Our mission is to enable our customers to operate their businesses without disruption or loss, and to create safe environments for their employees. For more information concerning our company, please refer to our website at www.commandsecurity.com.

Forward-Looking Statements

This announcement by Command Security Corporation (referred to herein as the “Company”) contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and within the meaning of the Private Securities Litigation Reform Act of 1995 about the Company that are based on management’s assumptions, expectations and projections about the Company. Such forward-looking statements by their nature involve a degree of risk and uncertainty. The Company cautions that actual results of the Company could differ materially from those projected in the forward-looking statements as a result of various factors, including but not limited to the factors described under the heading “Risk Factors” in the Company’s most recent Annual Report on Form 10-K for the fiscal year ended March 31, 2012, filed with the Securities and Exchange Commission, and such other risks disclosed from time to time in the Company’s periodic and other reports filed with the Securities and Exchange Commission. You should consider the areas of risk described above in connection with any forward-looking statements that may be made by the Company. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. You are advised, however, to consult any additional disclosures the Company makes in proxy statements, quarterly reports on Form 10-Q, annual reports on Form 10-K and current reports on Form 8-K filed with the Securities and Exchange Commission, which are publicly available at the Securities and Exchange Commission’s website at www.sec.gov/edgar.shtml.



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