Homeland Integrated Security Systems Receives Initial Payment From XPress Telecommunications of Jordan
By Market Wire
Last Update: 9/11/2006 8:31:23 AM
Data provided by
ASHEVILLE, NC, Sep 11, 2006 (MARKET WIRE via COMTEX) -- Homeland Integrated Security Systems, Inc. (PINKSHEETS: HISC) announced today that the Company has received initial payment for the first shipment of Cyber Trackers to XPress Telecommunications of Jordan. Homeland Integrated Security Systems expects to ship the first fifty Cyber Tracker units in the coming week. The remaining 975 units will be shipped over the next several months.
Earlier this year, XPress Telecommunications began testing Cyber Trackers for use on their cellular network. XPress Cellular is the iDEN licensed carrier for the company's home country of Jordan. XPress Cellular certified the push-to-talk, tracking, data and wireless web-cam functions of the Cyber Tracker. Xpress Telecommunications was the first Arab company in the Middle East to introduce the iDEN technology, which combines the abilities of ordinary mobile phones with instantaneous Direct Connect service.
Cyber Trackers have also been delivered to Chili House of Jordan, a subsidiary of Gold Star Chili in Cincinnati, Ohio. Chili House uses the Cyber Trackers to schedule and track its delivery personnel for the company's eleven locations in Jordan.
"XPress Telecommunications is the Middle East's leader in the Direct Connect field and will be a valuable, strategic partner for our Company. Our relationship with Xpress Telecommunications gives Homeland Integrated Security Systems a platform for generating awareness and revenue in the Middle East," stated Fred Wicks, President and CEO of Homeland Integrated Security Systems, Inc.
About Homeland Integrated Security Systems:
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. 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.
