Homeland Integrated Security Systems, Inc. Announces Record and Payment Date for Stock Dividend
By Market Wire
Last Update: 9/18/2006 8:31:23 AM
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ASHEVILLE, NC, Sep 18, 2006 (MARKET WIRE via COMTEX) -- Homeland Integrated Security Systems, Inc. (PINKSHEETS: HISC) is pleased to announce the Company has established a record date of October 13, 2006 for the EVSY stock dividend. Homeland Integrated Security Systems announced that the corresponding payment date for the dividend will take place on October 25, 2006.
All Homeland Integrated Security shareholders of record as of October 13, 2006 will receive 1 share of Evans Systems, Inc. for every 50 shares of HISC they own as of the record date. Evans Systems has recently been trading in the $0.50 to $0.75 per share range.
"We were recently able to complete the acquisition of Evans Systems shares and are now looking forward to rewarding our loyal shareholders with the upcoming stock dividend. Based on current stock prices for Evans Systems, we believe this should be a substantial value for any investor in Homeland Integrated Security Systems," stated Fred Wicks, CEO of Homeland Integrated Security Systems, Inc.
Homeland Integrated Security Systems, Inc. recently announced that the Company has received initial payment for the first shipment of Cyber Trackers to XPress Telecommunications of Jordan. Homeland Integrated Security Systems expects to ship the first fifty Cyber Tracker units in the coming week. The remaining 975 units will be scheduled for shipment over the next several months.
About Homeland Integrated Security Systems, Inc.:
Homeland Integrated Security Systems, Inc. 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: 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.
SOURCE: Homeland Integrated Security Systems, Inc.
