Homeland Integrated Security Systems, Inc. Details Refocused Strategy in Letter to Shareholders
By Market Wire
Last Update: 7/27/2006 8:34:49 AM Data provided by
ASHEVILLE, NC, Jul 27, 2006 (MARKET WIRE via COMTEX) -- Homeland Integrated Security Systems, Inc. (PINKSHEETS: HISC) announced today that the Company has provided an update on its current market strategy and future direction. In a letter to the shareholders, posted on its website, www.hissusa.com, CEO Fred Wicks identified the major strategic thrusts that will accelerate the Company's development and take it into the next phase of growth.
In the letter Wicks detailed how Homeland will concentrate on target markets with the greatest potential and shortest sales cycle such as national and local government agencies, transportation fleet management, rental equipment and maintenance, building construction and education. The Company will also direct their sales efforts on the regions of North America, Europe, and certain Middle Eastern countries that will generate the greatest return on investment for its shareholders.
The letter also discloses the Company's product plans. Homeland is near completion of the GSM (Cingular) version of the patent-pending Cyber Tracker(TM) and is beginning the development of the CDMA version. to be completed in 2007. Homeland plans to develop additional software products to add functionality to the Cyber Tracker(TM), allowing the Cyber Tracker(TM) products to enter the Machine-to-Machine market verticals.
As announced in a press release earlier this week, the company is also expanding its sales efforts on the Cyber Shield product line to the retail as well as the commercial and military markets in North America and the Middle East.
"Global Security and property protection concerns are producing sales opportunities at a phenomenal rate. We plan to move rapidly to gain a large market share in this expanding market. Our goal is to position Homeland as a premier Global Security and Technology company. Homeland Integrated Security Systems' strategic plan will allow us to provide a variety of products and services across the globe," stated Fred Wicks, CEO and President of Homeland Integrated Security Systems, Inc.
The CEO shareholder letter in its entirety is available on the Company's website at www.hissusa.com.
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 This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
SOURCE: Homeland Integrated Security Systems Inc.
