The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

Wackenhut Selected by DaimlerChrylser to Provide Nationwide Security

11 January 1999

Wackenhut Corporation Selected by DaimlerChrylser to Provide Nationwide Security Services
    PALM BEACH GARDENS, Fla., Jan. 11 -- The Wackenhut
Corporation (NYSE: WAK WAKB), a global leader in providing security-related
services, announced today that DaimlerChrysler 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 B. 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
security services to business, industrial locations and government agencies.
In addition to DaimlerChyrsler, 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 (http://www.wackenhut.com) is the majority shareholder
in Wackenhut Corrections Corporation , a global leader in
privatized corrections: designing, financing, building, and managing
corrections and detention facilities for government agencies.