<SUBMISSION>
<ACCESSION-NUMBER>0000950123-10-003768
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20100115
<ITEMS>5.02
<ITEMS>9.01
<FILING-DATE>20100120
<DATE-OF-FILING-DATE-CHANGE>20100120
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>ARGYLE SECURITY, INC.
<CIK>0001332585
<ASSIGNED-SIC>7381
<IRS-NUMBER>203101079
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-51639
<FILM-NUMBER>10536302
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>12903 DELIVERY DRIVE
<CITY>SAN ANTONIO
<STATE>TX
<ZIP>78247
<PHONE>210-495-5245
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>12903 DELIVERY DRIVE
<CITY>SAN ANTONIO
<STATE>TX
<ZIP>78247
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>Argyle Security Acquisition CORP
<DATE-CHANGED>20050708
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>c94833e8vk.htm
<DESCRIPTION>8-K
<TEXT>
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<HEAD>
<TITLE>8-K</TITLE>
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<P style="font-size: 14pt" align="center"><B>UNITED STATES<BR>
SECURITIES AND
EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P style="font-size: 18pt" align="center"><B>FORM 8-K</B>

<P style="font-size: 12pt" align="center"><B>CURRENT REPORT<BR>
Pursuant to
Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P style="font-size: 10pt" align="center"><B>Date of Report (Date of earliest
event reported): January 15, 2010</B>



<P style="font-size: 24pt" align="center"><B>ARGYLE SECURITY,
INC.<BR>
</B><FONT style="font-size: 10pt">(Exact name of registrant as
specified in its charter) </FONT>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="32%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="32%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>Delaware</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>000-51639</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>20-3101079</B></TD>
 </TR>
 <TR valign="top">
  <TD>(State or other Jurisdiction of Incorporation)</TD>
  <TD>&nbsp;</TD>
  <TD>(Commission File Number)</TD>
  <TD>&nbsp;</TD>
  <TD>(IRS Employer Identification No.)</TD>
 </TR>

</TABLE>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="49%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="49%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>12903 Delivery Drive<BR>
San
Antonio, TX<BR>
</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>78247</B></TD>
 </TR>
 <TR valign="top">
  <TD>(Address of Principal Executive Offices)</TD>
  <TD>&nbsp;</TD>
  <TD>(Zip Code)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="center">Registrant&#8217;s telephone number,
including area code: <B>(210) 495-5245</B>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="30%" border="0">

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  <TD width="100%">&nbsp;</TD>
 </TR>
 <TR>
  <TD style="border-bottom: #000000 1px solid" nowrap><B>&nbsp;</B></TD>
 </TR>
 <TR>
  <TD nowrap>(Former name or former address if changed since last report.)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="left">Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions:

<P style="font-size: 10pt" align="left"><FONT face="Wingdings">o</FONT> Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)<BR>
<BR>
<FONT face="Wingdings">o</FONT> Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>



<DIV
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</DIV>

<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">1
</DIV>

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<DIV
style="margin-left: 0.25in; width: 7.2in; font-family: 'Times New Roman',Times,serif">

<P style="font-size: 10pt; margin-left: 0%"
align="left"><B>Item&nbsp;5.02&nbsp;&nbsp;&nbsp;&nbsp;Departure of Directors or
Principal Officers; Election of Directors; Appointment of Principal Officers;
Compensatory Arrangements of Certain Officers.</B>

<P style="font-size: 10pt; margin-left: 0%; text-indent: 4%" align="left">On
January&nbsp;18, 2010, Argyle Security, Inc. (the &#8220;Company&#8221;)
announced that, effective January&nbsp;15, 2010, each of Mr.&nbsp;Ron
Chaimovski, Executive Chairman of the Company, Mr.&nbsp;Bob Marbut, Chief
Executive Officer of the Company, Mr. Don Neville, Executive Vice President,
Chief Financial Officer and Principal Financial Officer of the Company and
Mr.&nbsp;Dean Dresser, Vice President, Controller and Principal Accounting
Officer of the Company, resigned their positions as officers of the Company and
as officers of each of the Company&#8217;s subsidiaries. Concurrent with their
resignations, each of Messrs.&nbsp;Marbut, Chaimovski, Neville and Dresser
accepted a severance arrangement including the payment of one year base salary
to be paid through December&nbsp;31, 2010 in accordance with the
Company&#8217;s normal payroll practices. Messrs.&nbsp;Neville and Dresser have
agreed to continue working for the Company in a consultancy role during a
transitional period.

<P style="font-size: 10pt; margin-left: 0%; text-indent: 4%" align="left">Also,
Messrs.&nbsp;Marbut and Chaimovski provided their resignation as Directors of
the Board of Directors (the &#8220;Board&#8221;) of the Company and each of the
Company&#8217;s subsidiaries.

<P style="font-size: 10pt; margin-left: 0%; text-indent: 4%" align="left">In
addition, on January&nbsp;15, 2010, the Board elected Mr.&nbsp;Sam Youngblood,
the Company&#8217;s current President, as Chief Executive Officer filling the
vacancy left by Mr.&nbsp;Marbut&#8217;s resignation. The Board decided to
eliminate the position of Chief Operating Officer as an executive officer
position. Mr.&nbsp;Youngblood will continue to serve as the Company&#8217;s
President. Mr.&nbsp;Robert Davies was elected as Chairman of the Board, filling
the vacancy left by Mr. Chaimovski&#8217;s resignation.

<P style="font-size: 10pt; margin-left: 0%; text-indent: 4%"
align="left">Further, Mr.&nbsp;Richard Watts was elected by the Board to serve
as Chief Financial Officer filling the vacancy left by Mr.&nbsp;Neville.
Mr.&nbsp;Watts has had no previous relationship with the Company or any of its
affiliates. Mr.&nbsp;Watts shall receive an annual base salary of $200,000 and
will be eligible for bonuses at the discretion of the Board. In addition to his
base salary, Mr.&nbsp;Watts will receive an automobile allowance of $500.00 per
month, plus the cost of gasoline associated with commutation to San Antonio, TX
from Houston, TX. The Company has not entered into an employment agreement with
Mr.&nbsp;Watts and he has been hired as an at-will employee.

<P style="font-size: 10pt; margin-left: 0%; text-indent: 4%" align="left">Prior
to joining Argyle, Mr.&nbsp;Watts served as the Vice President and Corporate
Controller of GSE Lining Technology from 2007. Prior to joining GSE,
Mr.&nbsp;Watts served as Corporate Controller of XServ, Inc., a specialty
maintenance contractor, from 2002 to 2007. Prior to XServ and beginning in
2000, Mr.&nbsp;Watts was employed by Champagne Webber Inc., a highway
construction company where he also served as Corporate Controller.
Mr.&nbsp;Watts is a licensed CPA in the state of Texas and he earned his
Bachelor of Science, Accounting from Nicholls State University in 1991.

<P style="font-size: 10pt; margin-left: 0%; text-indent: 4%" align="left">A
copy of the press release announcing the forgoing is attached hereto as
Exhibit&nbsp;99.1.

<P style="font-size: 10pt; margin-left: 0%" align="left"><B>Item&nbsp;9.01
Financial Statements and Exhibits.</B>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%"
border="0">
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 <TR valign="bottom">
  <TD width="11%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>
  <TD width="84%">&nbsp;</TD>
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<!-- Begin Table Body -->
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid" nowrap align="left">Exhibit&nbsp;No.&nbsp;</TD>
  <TD valign="top" align="left"
colspan="1">&nbsp;</td>

  <TD style="border-bottom: #000000 1px solid" nowrap align="left">Description</td>
 </TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">99.1 </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Press Release dated January&nbsp;18, 2010.</TD>
 </TR>
<!-- End Table Body -->

</TABLE>
</DIV>

<P style="font-size: 10pt" align="center">&nbsp;

<P style="font-size: 10pt" align="left"><B>&nbsp;</B>

<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">2
</DIV>

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<DIV
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<P style="font-size: 10pt" align="center"><B>SIGNATURES </B>&nbsp;

<P style="font-size: 10pt; margin-left: 0%; text-indent: 4%"
align="left">Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.

<P style="font-size: 10pt; margin-left: 46%" align="left"><B>ARGYLE SECURITY,
INC.</B>

<P style="font-size: 10pt" align="left">Date:&nbsp;&nbsp;January&nbsp;20, 2010

<P style="margin-top: -11pt; font-size: 10pt; margin-left: 46%"
align="left">By: <U>/s/ Sam
Youngblood&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
<br>Name:&nbsp;&nbsp;Sam
Youngblood&nbsp;<BR>
Title:&nbsp;&nbsp;&nbsp;&nbsp;President and Chief
Executive Officer&nbsp;

<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">3
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>c94833exv99w1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML>
<HEAD>
<TITLE>Exhibit 99.1</TITLE>
</HEAD>
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<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<DIV align="right" style="font-size: 10pt; margin-top: 10pt"><B>Exhibit&nbsp;99.1</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 10pt"><B>Argyle Security Announces Changes to Executive Management Team</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 10pt">SAN ANTONIO, January&nbsp;18, 2010 /PRNewswire-FirstCall via COMTEX/ &#151; Argyle Security, Inc., (OTC
Bulletin Board: ARGL) (&#147;Argyle&#148; or the &#147;Company&#148;), a service and solutions provider in the physical
electronic security industry, today announced several management changes following an evaluation of
the Company&#146;s operations.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 10pt">Sam Youngblood, the President of Argyle, has been promoted to Chief Executive Officer. Mr.
Youngblood was the founder of Argyle&#146;s ISI subsidiary and has over 30&nbsp;years experience in serving
the corrections industry.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 10pt">Richard Watts has been hired as Chief Financial Officer. Mr.&nbsp;Watts brings 18&nbsp;years of experience
in financial reporting with a strong knowledge of project accounting. Mr.&nbsp;Watts was previously
corporate controller for GSE Lining Technology.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 10pt">The Board of Argyle has accepted the resignations of Ron Chaimovski, Executive Chairman of the
Company, Bob Marbut, Chief Executive Officer of the Company, Don Neville, Executive Vice President,
Chief Financial Officer and Principal Financial Officer of the Company and Dean Dresser, Vice
President, Controller and Principal Accounting Officer of the Company, from their positions as
officers of the Company and its subsidiaries. Mr.&nbsp;Marbut and Mr.&nbsp;Chaimovski also resigned as
Directors of the Company and its subsidiaries.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 10pt">Commenting on this, Mr.&nbsp;Marbut stated, &#147;Given the Board&#146;s vision for the Company, this is the right
move at this time. It is our continued desire that the Company be successful for all its
stakeholders. We wish the Argyle team the greatest of success.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 10pt">Sam Youngblood said &#147;I thank the Board for their confidence in appointing me CEO. We have a
talented team at Argyle, complimented by the addition of Richard, and dedicated to ensuring the
Company&#146;s long term success as a leader in the corrections and commercial security installation and
integration business. I wish Bob, Roni, Don and Dean the very best in their future endeavors and
thank them for their service.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 10pt"><I>About Argyle Security, Inc.</I>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 10pt">Based in San Antonio, TX, Argyle is a provider of services and solutions in the physical electronic
security industry. Argyle&#146;s Corrections division is the controlling entity for business units
consisting of ISI, PDI, Com-Tec and MCS, and is one of the nation&#146;s largest providers of detention
equipment products and service solutions, as well as turnkey, electronic security systems. These
systems include unique engineering competencies and proprietary software products. Argyle&#146;s
Commercial division, consisting of MCS-Commercial Fire &#038; Security and MCS Federal Systems focuses
on the commercial security sector and provides turnkey, electronic security systems to the
commercial and government markets. Please visit <I>www.argylesecurity.com </I>for additional information
on Argyle.
</DIV>
<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
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<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.20in">

<DIV align="left" style="font-size: 10pt; margin-top: 10pt"><I>Safe Harbor</I>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 10pt"><I>Certain statements in this press release constitute forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995, as amended. When used in this press
release, words such as &#147;will,&#148; &#147;believe,&#148; &#147;expect,&#148; &#147;anticipate,&#148; &#147;encouraged,&#148; &#147;foresees,&#148;
&#147;forecasts,&#148; &#147;estimates&#148; and similar expressions, as they relate to the company or its management,
as well as assumptions made by and information currently available to the Company&#146;s management
identify forward-looking statements. The forward-looking statements are subject to risks and
uncertainties, including the possibility that legal proceedings that may be instituted against the
Company and/or others relating to the changes in the board composition, the effect of the
announcement of these board changes on the Company&#146;s customer relationships, operating results and
business generally, the risk that these board changes disrupt current plans and operations and the
potential difficulties in employee relations resulting therefrom, and downturns in economic
conditions generally, the Company&#146;s business or the state of the corporate credit markets. Consider
these factors carefully in evaluating the forward-looking statements. The risk factors listed in
the Company&#146;s </I><I>Form 10-K</I><I> for the year ended December&nbsp;31, 2008 and subsequently filed Forms 10-Q and
8-K also provide examples of risks, uncertainties and events that could cause actual results to
differ materially from those contained in forward-looking statements. The forward-looking
statements made herein are only made as of the date of this press release and the Company
undertakes no obligation to publicly update such forward-looking statements and is not responsible
for changes made to this press release for Internet or wire services.</I>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 10pt">CONTACT:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 10pt">Argyle Security, Inc.<BR>
Sam Youngblood, President and CEO of Argyle Security, Inc.<BR>
(210)&nbsp;495-5245 TX, (212)&nbsp;245-2700 NY

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 10pt">SOURCE Argyle Security, Inc.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 10pt">http://www.argylesecurity.com
</DIV>



<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
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