Press Release

10-May-2005

American Security Resources Retains
Merchant Banker Corporate Strategies, Inc.

HOUSTON, Texas (BUSINESS WIRE) May 10, 2005. American Security Resources Corporation (OTCBB: ARSC) announced today that the company has retained Corporate Strategies, Inc., a Houston-based Merchant Banker that specializes in assisting micro and small cap public and private companies.

According to ASRC President Joe Grace, “We selected Corporate Strategies because of their ability to provide American Security Resources with merchant banking services at a level of experience generally available only to large public companies.”

“We look forward to helping (ASRC) grow rapidly…,” said Tim Connolly, CEO of Corporate Strategies.

American Security Resources Corporation
American Security Resources Corp. is a holding company actively seeking to acquire profitable, well-managed companies that provide products or services for homeland security and national defense. For more information, please visit our website at: www.americansecurityresources.com.

Corporate Strategies, Inc.

Corporate Strategies, Inc. (www.corporate-strategies.net) is a Merchant Banker in the traditional European sense of the word. As the term has evolved from the 18th Century to today, Merchant Banking describes an enterprise that not only finances a company’s product or service, but also assists in developing a comprehensive business strategy. Corporate Strategies is comprised of seasoned executives with extensive experience in merchant banking, including business development and strategy, public and private company corporate finance, capital markets research, human resources, due diligence and transaction negotiation and execution.

Safe Harbor Statement
This news release contains certain “forward looking statements” within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934. Although the Company believes the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that results will meet or exceed such expectations.

For more information contact:
Joe Grace, President 713-465-1001
9601 Katy Freeway, Suite 220
Houston, Texas 7702
info@amsrcorp.com