Homeland Integrated Security Systems, Inc HISC) is pleased to announce that they have established the record
for the issuance of a stock dividend for all shareholders of record as of
May 30, 2006.
Homeland Integrated Security Systems shareholders of record as of May 30,
2006 will receive 1 new share of the NASDAQ Bulletin Board Company for
every 50 shares of HISC they own as of the record date. Homeland
Integrated Security Systems shareholders will maintain their stock
ownership of HISC and will receive a dividend in the NASDAQ Bulletin Board
Company.
Homeland Integrated Security Systems will unveil the symbol of the NASDAQ
Bulletin Board Company shortly after the completion of the ActSoft
acquisition. Homeland Integrated Security Systems will remain a publicly
traded company trading under the symbol HISC.PK.
"This Dividend is a bonus for our loyal shareholders. The dividend will
give our shareholders ownership in the new Bulletin Board Company which we
expect to start trading at $0.50 per share," stated Frank Moody, President
and CEO of Homeland Integrated Security Systems, Inc.
Homeland Integrated Security Systems, Inc. will continue to sell and market
the Cyber Tracker in markets both in the US and internationally. Homeland
Integrated Security Systems will maintain all of its current distribution
agreements on all of its security products.
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, 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. Homeland Integrated Security
Systems, Inc. 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.
Contact:
Matt Maguire
1-866 THE APPL(E)
www.hissusa.com
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