ISI Security Announces Appointment of Ray Gilley as President and CEO
SAN ANTONIO, March 13, 2013– Argyle Security, Inc. (dba ISI Security) (OTC Pink Sheets: ARGL.PK) (“ISI Security” or the “Company”), a service and solutions provider in the physical electronic security industry, announced today that, effective March 12, 2013, Mr. Ray Gilley has been appointed President and Chief Executive Officer of the Company. Mr. Sam Youngblood, outgoing President and CEO, will continue working with the Company in a consultancy role and remain a Director on the Company’s Board of Directors.
Mr. Gilley has served as President and COO of the Company’s commercial business, MCS Fire & Security, since 2012. As the leader of MCS Fire & Security, Ray demonstrated a wealth of experience and knowledge in the security industry that will enhance the Company’s corrections business. The Company will benefit from his expertise and leadership as it strives to meet customer expectations for quality solutions, and further strengthen our position as a leader in the corrections market. Ray will also continue to reestablish the Company as one of the strongest commercial security and fire alarm contractors in the region.
Prior to joining MCS Fire & Security, Ray ran his own commercial security company, Encompass Security, located in Southlake, TX. prior to which he served as the Vice President and Chief Operating Officer of Sonitrol Management Corporation located in Westlake TX. He led the SMC group for over 14 years, building the 7th largest commercial security company in the country. He brings more than 33 years of experience in securing complex commercial facilities in the U.S.
Commenting on his promotion, Mr. Gilley stated, “I am pleased to accept this additional responsibility and look forward to working with the Board of Directors and other members of management to grow and continue to improve the Company. I also look forward to working with both the Corrections team and the MCS Fire & Security team, as we look for ways to improve the Company to meet and exceed our customers’ needs and expectation.”
Sam Youngblood, said “Ray’s promotion is well deserved and has my full support. He has led MCS Fire & Security through a very successful transition, improving both earnings and customer satisfaction. I am confident that with Ray’s stewardship the Company will continue to grow and serve its customers in an exemplary manner.”
Robert Davies, Chairman of the Board of Argyle said “Ray has the proven skills required to take on this leadership position and as such has the board’s full support. We are pleased that Sam is remaining with the Company to offer his guidance.