HUDSON VALLEY PATROL AGREES TO BUY GUARD FIRM

  Hudson Valley Patrol Inc said it
  agreed to acquire privately held Federal Protection Services
  Inc, a Palm Beach, Fla., security firm, for 200,000 common
  shares and other considerations.
      Hudson Valley, which provides guard and patrol services in
  upstate N.Y., said Federal Protection Services provides
  investigation, uniformed guard and armoured truck services to
  banks, corporations and residential communities in southern
  Florida.
      The company said it will issue 200,000 shares of its common
  at closing and additional shares based on Federal Protection's
  pretax earnings over the next three years.
      Closing is subject to setting a definitive agreement, it
  said.
  

