American Security Resources Corp. Appoints Robert Farr to Board of Directors

Houston, Texas-(BUSINESS WIRE)-October 28, 2004. American Security Resources Corporation (OTCBB: ARSC), www.americansecurityresources.com , announced today that it has appointed Robert C. Farr to its Board of Directors. Mr. Farr is a consultant with Creative Equity Strategies in Houston and has four decades of diversified business experience with Fortune 500 companies.

Joe Grace, President of American Security Resources Corp. said, “Bob’s expertise in public debt and equity financing is quite valuable to us as we have an aggressive acquisition plan. We’re very pleased to have his knowledge and expertise.”

Bob Farr added, “I feel good about the plans and future of American Security Resources and look forward to working with the Board to achieve their goals.”

American Security Resources Corporation

American Security Resources Corp. is an acquisition vehicle actively seeking to acquire profitable, well-managed companies that provide products or services for Homeland Defense or national security. American Security Resources is in the process of acquiring Rhode Island based Systems Resource Management, Inc. www.srminc.net , a defense IT and Project Management firm whose primary customer is the Naval Undersea Warfare Center.

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:

Frank Neukomm, CFO
9601 Katy Freeway, Suite 220
Houston, Texas 77024

713-465-1001