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Homeland Integrated Security Systems Establishes Record Date for Stock Dividend
Homeland Shareholders to Be Issued a NASDAQ Bulletin Board Stock Dividend Based on the Shares They Hold as of May 30th
ASHEVILLE, NC--(MARKET WIRE)--Apr 17, 2006 -- Homeland Integrated Security Systems, Inc. (Other OTC:HISC.PK - News) 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.

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