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Homeland Integrated Security Systems, Inc. Announces Revised Record Date for Stock Dividend as NASDAQ Bulletin Board Company Pursues Acquisition Candidates
ASHEVILLE, NC--(MARKET WIRE)--May 24, 2006 -- Homeland Integrated Security Systems, Inc. (Other OTC:HISC.PK - News) announced today that the Company has delayed the record date for the issuance of a stock dividend of their NASDAQ Bulletin Board Company until June 29, 2006. Homeland Integrated Security Systems shareholders of record as of June 29, 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. The previous record date had been scheduled for May 30, 2006, but has been rescheduled because of the NASDAQ Bulletin Board Company's plan to complete the acquisition of ActSoft and finalize deals with other potential acquisition candidates. The dividend will give Homeland Integrated Security Systems shareholders ownership in the new Bulletin Board Company which the Company expects to be trading at least $0.50 per share.
As a result of the revised record date for the stock dividend, Homeland Integrated Security Systems will postpone the nationwide teleconference, initially scheduled for May 25, 2006, until June 22, 2006. During the teleconference, the Company is expected to announce more details concerning the NASDAQ Bulletin Board Company and the impending ActSoft acquisition.
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.
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.

Contact:
Homeland Integrated Security Systems
Investor Relations
1-866 THE APPL(E)
http://www.hissusa.com