ATLANTA, Jun 04, 2007 (BUSINESS WIRE) -- Tri-S Security Corp. (NASDAQ: TRIS), a provider of security services and equipment for government and private entities, today announced its wholly-owned subsidiary, Paragon Systems, Inc. ("Paragon"), has been awarded a new contract with the U.S. Department of the Homeland Security, for the State of Oregon, for $20.0 million. Paragon will begin the contract July 1, 2007 and the contract will run for five years at an estimated $4.0 million per year.

Paragon will provide security for federal government facilities in Portland and 34 other cities throughout the state. Over 100 armed security guards will be deployed throughout the state. This award increases the total awards for Paragon to more than $73.0 million for the first five months of 2007, equaling almost all of its 2006 contract awards.

"Not only does this contract continue to show the federal government's confidence in Paragon but also now provides the Company with a footprint across the entire West Coast of the United States from Canada to Mexico," said Ronald Farrell, CEO, Tri-S Security Corp. "Paragon also started its State of Washington contract valued at $30.0 million on June 1 and will begin its Statue of Liberty contract valued at $17.0 million on July 1st, along with the new State of Oregon contract."

About Tri-S Security Corp.

Based in Atlanta, GA, Tri-S Security Corp. (NASDAQ: TRIS) is a provider of security services and equipment for government and private entities. Security services include uniformed guards, electronic monitoring systems, personnel protection, access control, crowd control and the prevention of sabotage, terrorist and criminal activities. As a leading aggregator of elite security companies, Tri-S Security is designed to build a strong enterprise in which to service a unique customer base that ensures America's safety at home and work. Tri-S Security assumes responsibility for the marketing, infrastructure and overall operational performance for its subsidiaries. Tri-S Security's management leverages highly trained government officers, experienced industry leaders, proven financial executives and infrastructure experts to consolidate the fragmented security industry into one efficient and effective security force.

Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of the Federal securities laws. Forward-looking statements are commonly identified by such terms and phrases as "should", "expects", "plans", "anticipates", "believes", "estimates", "projects" and other terms with similar meaning indicating potential impact on our business. Although we believe that the assumptions upon which such forward looking statements are based are reasonable, we can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from our projections and expectations are disclosed in our filings with the Securities and Exchange Commission, including the "Risk Factors" section set forth in our Annual Report on Form 10-K for the year ended December 31, 2005. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to their underlying assumptions. We do not undertake to publicly update the forward-looking statements contained herein to conform to actual results or changes in our expectations, whether as a result of new information, future events or otherwise. You may obtain and review our filings with the Securities and Exchange Commissions by visiting http://www.sec.gov.

SOURCE: Tri-S Security Corp.

For Tri-S Security Corp.:
Corporate Communications
Kevin Inda, 407-566-1180
kevin.inda@cci-ir.com