GlobalOptions Introduces Rapid Video Feature to Its GlobalTrak™ Risk Management System

GlobalOptions Introduces Rapid Video Feature to Its GlobalTrakâ„¢ Risk Management System Innovation Marks The Next Evolutionary Feature in Upcoming GlobalTrak Version 3.0

NEW YORK--(BUSINESS WIRE)-- GlobalOptions Group, Inc. (NASDAQ: GLOI), a leading provider of domestic and international risk management services, today announced the launch of the newest feature of its proprietary GlobalTrakâ„¢ Risk Management System: a rapid upload and delivery of surveillance video. The new feature creates significant time and cost savings to GlobalOptions clients, as it allows investigators to upload surveillance video directly into the GlobalTrak system, and gives clients next-day access to the streaming files.

GlobalTrak is GlobalOptions’ online enterprise risk mitigation and management solution for companies investigating fraud and potential fraud, including insurance carriers, third-party administrators, legal firms, public entities and Fortune 500 companies.

“GlobalOptions is leading the industry in applying current technology to what was once the time-consuming process of claims investigations by changing the way our customers investigate fraud,” said Franklin Pinder, President of GlobalOptions’ Fraud & SIU division. “By using rapid video, rapid data and training features, GlobalTrak can facilitate the completion of investigations that may have taken weeks of work within mere days and for a fraction of the cost. Rapid video, our newest capability, provides our clients with increased value and convenience by taking several steps and costs out of the equation of obtaining surveillance video as they investigate claims. We’re continuing to add features to our GlobalTrak platform and the rapid video capability is another component of our soon-to-be-introduced GlobalTrak 3.0 platform.”

Prior to GlobalOptions’ rapid video feature, investigators would take video, then send the video tapes via an overnight courier service to a central processing facility at one of GlobalOptions offices. The tapes would then be catalogued and uploaded into GlobalTrak for client viewing. This entire process would take on average five days to complete requiring both the out of pocket expenses of the courier service as well as additional hourly costs for the investigator and GlobalOptions personnel. Using the rapid video feature, once the video has been shot, the investigator securely uploads the footage directly into GlobalTrak, where it is client-ready within 24 hours. This represents considerable cost savings, and up to an 80 percent decrease in the time required before clients can view the video footage. This time savings will contribute to more rapid processing of insurance claims, and faster completion of fraud investigations.

In addition, GlobalTrak continues to offer its full suite of risk management tools, including evidence processing, evidence management, and audio and video surveillance file management. This includes the recently introduced rapid data and investigation licensure training features, as announced by GlobalOptions over the last quarter. GlobalTrak provides client companies with contacts and status reports in real time, allowing more efficient internal management of assignments, evidence, and reporting. The company is also currently working on further enhancements to the GlobalTrak system, which will be introduced soon as GlobalTrak 3.0.

About GlobalOptions Group, Inc.

GlobalOptions, 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 can be found at 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 a result of new information, future events or otherwise.

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Adam Handelsman, 212-201-6622

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Jody Burfening, 212-838-3777

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Source: GlobalOptions Group, Inc.

<tagline>Copyright Business Wire 2009 GlobalOptions Group, Inc., a leading provider of domestic and international risk management services, today announced the launch of the newest feature of its proprietary GlobalTrakâ„¢ Risk Management System: a rapid upload and delivery of surveillance video.