Gary Goldsberry Joins Best Security Industries As Chief Financial Officer
Delray Beach, FL - (BUSINESS WIRE) - June 4th, 2007 Best Security Industries, www.bestsecurityindustries.com,
A global leader in the electronic article surveillance industry, is pleased to announce that Mr. Gary Goldsberry has
joined the company as the Chief Financial Officer.
"Best Security Industries continues to build out its senior management team," comments Stephen Hall, President
and Chief Executive Officer of BSI. "Gary offers us both large company and growth style experience in the financial
area of business. His background lends itself well to the goals we have identified for Best Security Industries
and our Board of Directors unanimously endorsed his candidacy."
"Gary adds great financial discipline to BSI" stated Terry M. Shahrabani, founder of Best Security Industries.
"He will be an asset to the management team and will help us build out our ERP requirements. I am delighted
to have his experience on board."
"BSI is uniquely positioned in the retail loss prevention and electronic article surveillance industry" states Gary
Goldsberry, the new CFO of BSI. "It is focused on growth, serving its customers with excellence and retains
a great employee team. We have great plans for our future, and I look forward to assisting Steve by managing
all of the financial areas of the operation."
Prior to joining BSI, Mr. Goldsberry was a Senior Consultant at the FAS Group, an independent Financial Accounting Solutions company. In his capacity, Gary advised clients in all facets of accounting/auditing
and Sarbanes-Oxley compliance issues. Prior to the FAS Group, Gary was a Division CFO/Controller for
Siemens Mobile Communications, LLC. He also served as Vice President and Treasurer for InaCom Corporation,
a Fortune 500 Company for over 10 years.
Mr. Goldsberry received his MBA in Finance from the Baldwin Wallace College (Ohio) and his BS in Business Administration and Accounting from the University of Nebraska. Gary also
attended the General Electric Corporation's Financial Management Executive Training Program.
About Best Security Industries - Best Security Industries is a worldwide leader in the electronic article
surveillance industry. Customers look to BSI to provide them with high quality and superior value products.
BSI's largest market is North America where it sells primarily to retailers through wholesalers, dealers,
OEMs, and on a direct basis. BSI employs 30 associates at its 50,000 square foot state-of-the-art facility
in Delray Beach, Florida. BSI currently offers sales and leasing of over 200 different product lines. BSI is
a portfolio company of Blackford Capital and The 1818 SBIC Fund, L.P.
For more information on Best Security
Industries, please contact Steve Hall at (800) 939-4995 or visit
www.bestsecurityindustries.com
About Blackford Capital - Blackford Capital invests in middle-market manufacturing, distribution, and service
companies in both mature and growing industries. Blackford Capital invests in companies and management
teams with successful track records and focuses on transactions ranging in value from $20 million to $100 million.
For more information on Blackford Capital, please contact Martin Stein at (949) 334-0374 or visit
www.blackfordcapital.com
Brown Brothers Harriman & Co. - Brown Brothers Harriman was founded in 1818 and is the largest privately owned bank in the United States. The firm's diverse products and services include commercial banking, wealth management, corporate financial advisory, global custody, foreign exchange and private equity. Its investment in BSI was made through The 1818 SBIC Fund, L.P., a mezzanine oriented fund that provided customized financing solutions in a variety of transactions, including leveraged or management buyouts, expansions, recapitalizations and acquisitions.
For more information on BBH, contact Rick Ragoza at 212-493-7910 or visit www.bbh.com.
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