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GlobalOptions Group Announces Plan to Reduce the Environmental Impact for Investigative and Insurance Industries

 
Cutting Edge Anti-Fraud Technology Solution Significantly Reduces Waste, Time and Fuel to Achieve Green Environmental Goals

NEW YORK, Jun 29, 2010 (BUSINESS WIRE) --

GlobalOptions Group, Inc. (NASDAQ: GLOI), a leading provider of domestic and international risk management services, today unveiled an innovative new plan to reduce its carbon footprint and the effect on the environment for the investigative and insurance industries. Through advancements in GlobalOptions' GlobalTrak(TM) system, security and insurance investigators will all become stewards of the environment by consolidating all the data, media and tools into an all-digital electronic format during the course of an investigation, eliminating the use for traditional shipping, copying and logging of information that has been the industry standard for many years.

GlobalTrak(TM) is an advanced, proprietary online risk mitigation and management solution that will drastically improve the way insurance fraud investigators and administrators conduct business, by increasing efficiency in which cases are processed. The "green" system will radically reduce the cost of materials and energy, across the industry. With a more comprehensive view of the investigative industry, we not only invest in the advancement of our technology, but the resources - people, time and money, who help improve the environment where we operate.

"We are committed to providing our clients with industry leading tools that help mitigate their exposure, and provide the highest impact in reducing potential fraud claims. By its very nature, GlobalTrakTM is a 'green' platform. Because of its efficiency, it helps diminish the consumption of raw materials used in everyday investigations; fuel, plastics and shipping material, all of which have a dire impact on the environment," said Franklin Pinder, President of GlobalOptions' Fraud & SIU division.

GlobalOptions Group, Inc.

GlobalOptions Group (NASDAQ: GLOI), with headquarters in New York City and offices in 16 cities, is an integrated provider of risk mitigation and management services to government entities, FORTUNE 1000 corporations and high net-worth and high-profile individuals throughout the world. We enable clients to identify, assess and prevent natural and man-made threats to the well-being of individuals and the operations of governments and corporations. In addition, we assist our clients in recovering from the damages or losses resulting from the occurrence of acts of terror, natural disasters, fraud and other risks. Our services currently include risk management, security, investigations, litigation support, anti-fraud solutions, business intelligence, and crisis management and preparedness services. Additional information is available at http://www.globaloptions.com.

Statements in this press release regarding the company's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties.The company wishes to caution readers not to place undue reliance on such forward-looking statements, which statements are made pursuant to the Private Securities Litigation Reform Act of 1994, and as such, speak only as of the date made.To the extent the content of this press release includes forward-looking statements, they involve various risks and uncertainties including the successful integration of the acquired businesses, projected financial information, and the continued successful implementation of the company's business strategy.

Certain of these risks and uncertainties will be described in greater detail in GlobalOptions Group's filings with the Securities and Exchange Commission.GlobalOptions Group is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as aresult of new information, future events or otherwise.

SOURCE: GlobalOptions Group, Inc.

Lippert Heilshorn & Assoc.
Steve Piork, 212-838-3777
spiork@lhai.com





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