Paratus Worldwide Protection is a private security firm whose headquarters is located in Charlotte, New Jersey. According to Paratus' website, "Paratus Worldwide Protection is a privately owned firm that was formed to support business and military operations in elevated threat environments"[1]. The company was formed in 2005, and it's main center of operation is Iraq. Though based in the United States, Paratus protects international forces as well as other security forms as part of their description.
Paratus is a part of the Welcome to Private Security Company Association of Iraq, a company that "is a non-profit organization formed and maintained to discuss and address matters of mutual interest and concern to the industry conducting operations in Iraq"[2].
Corporate Affairs
editAs of right now, Paratus conducts all of its business in Iraq. It's services include convoy protection, personal security details, security surveys and and assessments, as well as business risk analysis and intelligence. [3] Paratus uses a five step approach;
1. Risk Identification
2. Analysis and Assessment
3. Project-Specific Planning and Training
4. Deployment of Resources
5. Follow-Up and Evaluation
News
editIn a recent press release, Paratus announced a successful operation in delivering insulin Kirkuk. Paratus found the donor, received and hosted the donation, and delivered the donations free of charge[4]. The donations were for the medical needs of Iraqi people.
Money and Politics
editAOL-Time Warner is a media conglomerate; a combination of media syndicates under one name. It is one of the “Big 5” in media conglomerations, who collectively control 75% of the media today. The corporation owns America Online, CNN, Time Warner Cable, Warner Bros. Pictures, Turner Networks (includes TBS Superstation) and HBO. The Warner Music Group's major record labels include Elektra and Atlantic [corpwatch.com]. Its revenue in 2002 was $40.9 billion dollars, nearly doubling since the merger.
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