RONCO in the News

Wackenhut Services, Inc. Acquires
RONCO Consulting Corporation, Inc.

April 4, 2008

PALM BEACH GARDENS, Florida - Wackenhut Services Incorporated (WSI) President and CEO Dave Foley today announced WSI’s acquisition of RONCO Consulting Corporation.

"WSI is pleased to announce that it has acquired one of the world’s premier humanitarian and commercial mine action, ordnance disposal and security companies. The purchase of RONCO affords us immediate expansion into the international market and significantly increases our core capabilities," Foley said.

Since 1981, RONCO has completed over 650 mine and unexploded ordnance clearance, explosive ordnance disposal, security-related, and specialized training projects requiring varying levels of in-country management and support.

RONCO currently operates in Afghanistan, Iraq, and Sudan and maintains training centers in Mozambique and Sri Lanka. Its portfolio of clients includes the U.S. Department of State, U.S. Department of Defense, United Nations, NATO Maintenance & Supply Agency, World Bank, the Canadian and British Governments, and numerous commercial clients. Founded in 1974, RONCO employs over 1,200 people worldwide and is based in Washington, D.C.

“We’re very excited about the potential operational synergies of the WSI/RONCO team,” Foley said. “RONCO’s reputation for service excellence is without peer. This acquisition provides a diversification of services offered to an expanding client base that fits the strategic business model of both companies and our parent company, G4S.”

About WSI

WSI is the United State’s government’s largest contractor for professional security services, with 8,000+ employees protecting key sites in the U.S. and abroad. For additional information about WSI and this issue please refer to wsihq.com's home page.

Contact:
Susan Pitcher
Executive Assistant
Wackenhut Services, Inc.
(561) 472-3619
spitcher@wsihq.com