Wackenhut Receives Saturn's Outstanding Achievement Award
8 October 1999
Wackenhut Receives Saturn's Outstanding Achievement Award For Fourth Consecutive YearPALM BEACH GARDENS, Fla., Oct. 7 -- The Wackenhut Corporation (NYSE: WAK WAKB), a global provider of security-related services, received Saturn's Quality Recognition Award and Saturn's Outstanding Achievement Recognition Award from Saturn Corporation during an awards ceremony in Nashville, TN. At this year's event, called "Coming Home to Quality," The Wackenhut Corporation was presented Saturn's Quality Recognition Award for meeting stringent quality criteria; and Saturn's Outstanding Achievement Recognition Award for superior performance in the areas of quality, service, and price. Alan Bernstein, executive vice president of the Wackenhut Corporation and president of its North American Operations Group, said, "Wackenhut is honored to provide Saturn with the highest-quality personnel and services. Our eleven-year partnership with Saturn is one which Wackenhut is very proud, particularly since we continue to measure up to Saturn's stringent criteria for quality and service. Wackenhut has received Saturn's Quality Recognition Award for the past five years and the prestigious Outstanding Achievement Recognition Award for the past four years. We are very proud to be recognized as a member of this elite group." The Wackenhut Corporation ( http://www.wackenhut.com ) is a leading international provider of business and support services to major corporations and a wide range of industrial and commercial customers. Wackenhut also provides employee leasing and temporary staffing, facility management, food service, education and training, and supplementary police, fire and emergency services. The company is a leader in the privatization of public services for municipal, state and federal agencies. It has operations throughout the United States and in over 50 other countries on six continents. The Wackenhut Corporation trades under two symbols on the New York Stock Exchange, the Series A Common Stock and the Series B Common Stock. The Series B Common Stock has no voting rights, but in all other respects is the same as the Series A Common Stock. The Wackenhut Corporation is the majority shareholder in Wackenhut Corrections Corporation , a global leader in privatized corrections: designing, financing, building, and managing correctional and detention facilities for government agencies. This press release contains forward-looking statements regarding future events and future performance of the company that involve risks and uncertainties that could materially affect actual results. Investors should refer to documents that the company files from time to time with the Securities and Exchange Commission for a description of certain factors that could cause actual results to vary from current expectations and forward- looking statements contained in this press release. Such filings include, without limitation, the company's Form 10K, Form 10Q and Form 8K reports.