Homeland Integrated Security Systems Posts Record First Quarter 2007 Sales of Its Patent Pending Cyber Tracker First Quarter 2007 Record Surpasses 4th Quarter 2006 Unit Sales by More Than 87% Homeland Integrated Security Systems, Inc. (PINKSHEETS: HISC) announced today that first quarter unit sales of the Company's patent pending Cyber Tracker were the highest on record. Unit sales of Cyber Trackers for the quarter were 639 units valued at more than $330,000. This eclipsed the company's fourth quarter 2006 deliveries of 341 Cyber Trackers which had been the previous high for deliveries in a quarter.
According to the company, preliminary sales figures for the first quarter of 2007 amounted to approximately 57% of full year 2006 sales which were posted at $579,983.
"We are extremely pleased with first quarter results," stated Brian Riley, Chairman and COO of Homeland. "Our sales prospect funnel remains full and we are expecting sales to continue increase."
"As we review results, we are noting that the order size of individual sales is increasing," stated Fred Wicks, CEO and President of Homeland. "Looking down the road at our possibilities with the GSM version of the Cyber Tracker, I can only continue to be optimistic about 2007."
About Homeland Integrated Security Systems:
Homeland Integrated Security Systems owns proprietary technology in conjunction with its patent pending Cyber Tracker. Cyber Tracker technology has applications for data and tracking functions across a variety of industries, utilizing IDEN, and GSM (coming 3Q 2007) technologies. In addition, CDMA and Satellite technologies are under development with release expected some time in 2007. For more information please visit our website www.hissusa.com.
Safe Harbor: This letter contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the ability of the Company to successfully implement its turnaround strategy, changes in costs of raw materials, labor, and employee benefits, as well as general market conditions, competition and pricing. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this letter will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as representation by the Company or any other person that the objectives and plans of the Company will be achieved. In assessing forward-looking statements included herein, readers are urged to carefully read those statements. When used in the Annual Report on Form 10-K, the words "estimate," "anticipate," "expect," "believe," and similar expressions are intended to be forward-looking statements.
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