UNIVERSAL GUARDIAN CORPORATION INTRODUCES PETROLEUM SECURITY SYSTEM

Universal Guardian Corporation, a subsidiary of Universal Guardian Holdings, Inc, (OTCBB: UGHO), announced today the release of its integrated UniGuard Integrated Petroleum Asset Management and Security System for the protection of petroleum industry assets, including oil fields, refineries, offshore platforms and oil tankers.

News Release
For Immediate Release:
April 30, 2003

UNIVERSAL GUARDIAN CORPORATION INTRODUCES PETROLEUM SECURITY SYSTEM

CARLSBAD, CALIFORNIA (PRWEB) April 30, 2003 -- Universal Guardian Corporation, a subsidiary of Universal Guardian Holdings, Inc, (OTCBB: UGHO), announced today the release of its integrated UniGuard Integrated Petroleum Asset Management and Security System for the protection of petroleum industry assets, including oil fields, refineries, offshore platforms and oil tankers.

The Universal Guardian UniGuard Integrated Petroleum Asset Management and Security System is designed to provide automated surveillance, threat detection, assessment, and immediate response for high-risk petroleum industry assets. In addition, the system mitigates a multitude of potential threats in various petroleum industry environments, including oil field wellheads, refineries, offshore oil platforms, storage facilities, ships, and harbors. The sensor neutral" platform integrates, assesses and displays signals from a multitude of sensors, including video, SONAR, RADAR, thermal imaging cameras and others. The UniGuard platform is designed to accept virtually any sensor technology, ensuring easy integration and scalability in numerous threat environments.

The risk to petroleum producers, refiners, and transporters is rapidly increasing with the escalation of regional conflicts and global terrorism. The financial and ecological impact from an attack on an oilfield, pipeline, refinery or ship in harbor or at sea has consequences of national and international proportions," said Michael J. Skellern, Chairman and CEO of Universal Guardian Holdings, Inc. Universal Guardians Petroleum Asset Management and Security System provides real-time security management and coordinated response for local security operators, regional security elements, government agencies and corporate management anywhere in the world," added Skellern.

The UniGuard Petroleum Asset Management and Security System is capable of providing a geo-spatial collaborative environment to organize and manage the placement and monitoring of information resources (sensors, intelligence reports, and personnel). This unique environment allows system operators to better manage and exploit their resources quickly and effectively.

About Universal Guardian Corporation

Universal Guardian Corporation (UGC), a wholly owned subsidiary of Universal Guardian Holdings, Inc. offers innovative security technologies, products, and services to military, government, and commercial markets worldwide. From command and control system technologies to special weapons systems, UGCs products and services cover a wide range of applications and markets, merging cost-effective high technology and ease of use. UGC has three strategic corporate divisions: Maritime Security Group, Security Products and Systems Group, and the Technology and Engineering Group.

Safe Harbor Statement:

In conjunction with the provisions of the Safe Harbor section of the Private Securities Litigation Reform Act of 1995, this news release contains certain forward-looking statements pertaining to future anticipated projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this news release that are not statements of historical fact may be considered to be forward-looking statements. Written words such as may," will," expect," believe," anticipate," estimate," intends," goal," objective," seek," attempt," or variations of these or similar words, identify forward-looking statements. These statements by their nature are estimates of future results only and involve substantial risks and uncertainties. There can be no assurance that actual results will not differ materially from expectations.

Further information is available on the Company's website: www.universalguardian.com.

Corporate Address
Universal Guardian Holdings, Inc.
5759 Fleet Street, Suite 110
Carlsbad, CA 92008

Contact
Universal Guardian Holdings, Inc.
Michael Briola
760/579-0808 ext. 106
mbriola@universalguardian.com

or

ECON Investor Relations Inc.
Dawn Van Zant
866/735-3513
dvanzant@investorideas.com