DENVER, CO / January 21, 2015 / Canna Security America (CSA) (OTC: CSAX), the leading comprehensive security solutions provider catering to businesses in the licensed cannabis industry, is pleased to announce that it has hired Mr. Tom Siciliano as its chief operating officer.
Tom Siciliano has had a distinguished career and has developed an outstanding track record of double-digit revenue and profit growth. His background in startup companies gives Tom extensive experience in taking companies public as well as establishing business plans and budget forecasts. This, coupled with his time as a senior executive with several key Fortune 500 companies, has positioned him to help CSA go public, drive its processes, and expand its growth. Tom is known as an executive with the skills to execute on business plans to drive results.
From 1995 - 2000, Tom worked as an SVP of sales for Aramark Uniform Services. He was selected by the president of the company to restructure and lead the National Sales and Marketing Group in an effort restore growth. Tom's actions led to 15% sales growth and a dramatic, double-digit increase in operational bottom line. During his tenure at Aramark, Tom created a comprehensive strategic sales plan for growing the $900 million company.
He was recruited by Corporate Express for his experience in complex mergers, sales, and operational integration managing $145 million in revenue. During his time, he created an extensive sales infrastructure and a strategic plan to integrate a new merger that together grew profit by 17%.
In 2001, Tom served as the COO for Integrity Associates. His achievements and experience led him to become a requested speaker at national conventions and universities on the subjects of executive leadership, operational excellence, and profitable sales growth. He also served as a senior consultant to Fortune 500 companies such as Metro PCS, TruGreen, Unifirst, and Abbott Laboratories to name a few. He is a co-author of the book 'Shifting Into High Gear'.
In 2012, he was recruited by the CEO and board of directors of Classic Party Rentals as the vice president for half of their organization. During his time at Classic Party Rentals, Tom transformed the organization by increasing revenue by 25% and delivering a 32% increase in EBITDA. In his role, Tom was responsible for over 1,000 employees and 16 direct reports with total P&L responsibility of $100 million in revenue generating a 17% profit margin.
Dan Williams, CEO of Canna Security America (CSA) stated, "The growth that we are experiencing at Canna Security America required us to seek an executive with the proven skills and experience to manage the day to day operations of our company. We are fortunate to have recruited Tom Siciliano as our chief operating officer to help build and execute on our business plan. On behalf of our employees and shareholders, I welcome Tom to our team."
"I am thrilled to join Canna Security America at this stage of the company's growth," commented Mr. Siciliano. "Having worked in senior leadership positions at both large and small companies, it is clear to me that CSA is well positioned to maintain and expand its market leadership within the cannabis marketplace."
About Canna Security America (CSA)
With over 450 permitted facilities having CSA security systems installed across multiple states, all achieving a 100% licensing approval rating, Canna Security America (CSA) is recognized as the gold-standard in security services and technology for the cannabis industry. As a national leading security firm, CSA knows where risk points exist for cannabis businesses and how to tailor services to ensure maximum loss prevention and legal compliance. As security industry experts headquartered in Denver, Colorado, CSA has expanded its operations to serve the increasing number of state licensed cannabis cultivators, processors, infused products manufacturers, and retailers in the United States. By assisting Colorado regulators in drafting the security requirements in 2009, CSA was also able to seamlessly enter the Washington market and position itself as the first comprehensive national security solutions provider for the cannabis industry.
For more information, please visit http://www.cannasecurity.com.
The Cloverton Group: A division of CSA
In 2015, CSA announced the release of their new physical security solutions division, The Cloverton Group, offering armored transport, armed and unarmed guards, comprehensive background checks, and risk management services. The Cloverton Group's guards are fully licensed and insured and have law enforcement or military backgrounds. Their new fleet of Mercedes-Benz Sprinter vehicles have been up-armored with the latest bullet-resistant technology, are GPS tracked, and are equipped with a 4-point camera system that transmits live streaming footage to their command center. This guarantees total traceability from pickup to drop-off and has become the standard for high-level banking compliance within the cannabis industry.
The statements in this press release constitute forward-looking statements within the meaning of federal securities laws. Such statements are based on our current beliefs and expectations and are inherently subject to significant business, economic, and competitive uncertainties and contingencies, many of which are beyond our control. In addition, such forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Potential risks and uncertainties include, but are not limited to, technical advances in the industry as well as political and economic conditions present within the industry. We do not take any obligation to update any forward-looking statement to reflect events or developments after a forward-looking statement was made.
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