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(OTCBB: CYDF)Homeland Security Growth, Opportunity For Bulldog Technologies, Cyber Defense, Viscount Systems Demonstrated By New National Immigration Initiative, Says Investrend Research Analyst Gary Vassalotti
May 22, 2006 8:52:00 AM
Copyright Business Wire 2006
NEW YORK--(BUSINESS WIRE)--May 22, 2006--

(Investrend Research Syndicate) Homeland Security's growth and opportunity is perhaps best exemplified by event-driven initiatives such as it's rapid deployments to handle natural disasters such as Katrina, and now the response to national immigration concerns, said Investrend Research analyst Gary Vassalotti in a 1st Quarter sector update.

Report Spotlight Companies such as Bulldog Technologies (OTCBB: BLLD), Cyber Defense Systems (OTCBB: CYDF) and Viscount Systems (OTCBB: VSYS), included in Spotlight Analytics reports incorporated into the update, provided in partnership with the 400-member Homeland Security Industries Association (http://www.hsianet.org), as well as companies such as Honeywell (NYSE: HON), remain among those poised to take advantage of these escalating developments, said Vassalotti.

The 35-page report is available in its entirety, along with the Sector Spotlights at http://www.investrendresearch.com

The analyst also stated:

"The 2007 budget shows an almost 6% increase of funds in the discretionary use category to $35.4 billion, with a net discretionary amount of $30.9 billion.

Homeland Security stocks have experienced significant share price appreciation since 2001. Sell-side investment research firm Lehman Brothers estimates that its basket of 27 security stocks appreciated nearly 320% in a three-year period that began in August, 2001 while the S&P 500 returned only 5% during that period.

Homeland Security Secretary Michael Chertoff said, "Illegal immigration poses an increasing threat to our security and public safety, and hard-hitting interior enforcement will reinforce the strong stance we are taking at our borders. With the interior enforcement strategy of the Secure Border Initiative, we will aggressively target the growing support systems that make it easier for aliens to enter the country and find work outside of the law."