Homeland Integrated Security Systems, Inc. Approved for Export of Explosive Detection Devices to Middle East
By Market Wire
Last Update: 7/20/2006 8:31:57 AM Data provided by
ASHEVILLE, NC, Jul 20, 2006 (MARKET WIRE via COMTEX) -- Homeland Integrated Security Systems, Inc. (PINKSHEETS: HISC) announced today that the Company has received an export license from the United States Department of Commerce in conjunction with its previously announced $5.5 Million purchase of explosive detection devices to the Middle East. Homeland had been working with its legal staff for several months to secure this export license. The export license enables Homeland Integrated Security Systems to distribute its supplier's equipment to its sales partner in Lebanon, Pro Sec. Pro Sec is planning to use the explosive detection equipment for security and protection of commercial buildings and government installations. Homeland is working with its explosive detection device supplier and Pro Sec to finalize this first portion of the sale and to determine delivery details in light of the current situation in the region.
Homeland Integrated Security Systems is also marketing their other products in the region, such as the Cyber Shield, Cyber Rad, and the patent-pending Cyber Tracker.
"We are very pleased to receive our much awaited export license for the first shipment to this region. We plan to expand our efforts in selling our products in the Middle East. General Pierre Georgiou has several contacts within the Middle East and will be aiding us to establish more of a presence in that region," stated Fred Wicks, CEO of Homeland Integrated Security Systems, Inc.
Homeland Integrated Security Systems, Inc. recently conducted a teleconference for Homeland Integrated Security Systems, Inc. shareholders. The teleconference replay will be available for 30 days. Shareholders are encouraged to dial 1-877-213-9653, passcode 14658475.
About Homeland Integrated Security Systems, Inc.:
Homeland Integrated Security Systems, Inc. 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. For more information please visit our website www.hissusa.com.
Safe Harbor: 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.
