Homeland Integrated Security Systems Appoints Former International Executive as New President and CEO
By Market Wire
Last Update: 6/23/2006 8:40:25 AM
Data provided by
ASHEVILLE, NC, Jun 23, 2006 (MARKET WIRE via COMTEX) -- Homeland Integrated Security Systems, Inc. (PINKSHEETS: HISC) announced at yesterday's shareholder teleconference that Fred Wicks has been elected by the Board of Directors to serve as President and CEO of Homeland Integrated Security Systems, Inc.
Mr. Wicks is a former Senior Vice President with the CompAir Division of Invensys Air Systems, where he had P & L responsibility for $200 million European and South American businesses. He also served as Vice President of Commercial Products for Grand Vehicle Works, and a Director of Marketing and Sales for Rockwell International Corp.
"I am very pleased to see the reigns of Homeland Integrated Security Systems turned to Fred Wicks, who has served as our Chief Operating Officer for the past year and a half. Fred is very experienced in sales, marketing and operational controls. I expect there will be a very smooth transition in the operations of HISC," stated Brian Riley, newly announced COO of HISC.
"I am excited to take the lead in bringing Homeland Integrated Security Systems to the next level, as we turn our primary focus from research and development to sales, marketing and operations," stated Fred Wicks, President and CEO of Homeland Integrated Security Systems, Inc. "I look forward to building revenues and profits around our flagship product, the CyberTracker(TM)."
Also announced at yesterday's teleconference was that Homeland Integrated Security Systems, Inc. shareholder dividend of EVSI shares, which was to be issued to shareholders of record as of June 29th, 2006, was extended to a record date of July 27, 2006. All Homeland Integrated Security shareholders of record as of July 27, 2006 will receive 1 share of Evans System Inc. for every 50 shares of HISC they own as of the record date. The dividend in Evans System is expected to be valued at $.50 per share.
The teleconference replay will be available for 30 days. Shareholders are encouraged to dial 1-877-213-9653, passcode 12467820.
About Homeland Integrated Security Systems, Inc.:
Homeland Integrated Security Systems owns proprietary technology and has the rights to use patents to some of the most innovative and sophisticated security products. Cyber Tracker technology has applications for data and tracking functions across numerous verticals, utilizing IDEN, GSM, and Satellite technologies (CDMA version coming mid-year 2006).
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
SOURCE: Homeland Integrated Security Systems, Inc.
AI
