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Homeland Integrated Security Systems to Conduct Security Demonstrations at Scotland Yard
Company Reports Profitability at Nationwide Teleconference
ASHEVILLE, N.C., Aug 24, 2005 (PRIMEZONE via COMTEX) -- Homeland Integrated Security Systems, Inc. (Pink Sheets:HISC) is pleased to announce that it will be conducting security demonstrations for Scotland Yard and the French Metro during next week's trip to Europe. The company will be introducing the Quantum Sniffer, Cyber Tracker, and UVSS Unit, among other security devices, to officials from both Scotland Yard and the French Metro.
Homeland Integrated Security Systems Inc. hosted a Nationwide Teleconference yesterday, and reported that the company will be demonstrating its product line to various government officials, both here in the US and Abroad. Homeland Integrated Security Systems reported net profits for the 2nd Quarter, and the company anticipates continuing its profitability going forward.
"Our 1st goal is to create profitable company, while we're in R & D working on future products to take to market. We've been able to accomplish this through our retail division, and our distribution agreements. We posted a profit 2nd Quarter, and believe that the next two quarters will be profitable, as well," stated Frank Moody, CEO. Homeland Integrated Security Systems recently announced that it has completed the "White Paper" on the Savannah Port Project, and will deliver the results from the "White Paper" to more than 361 major ocean ports, and in excess of 175 major commercial river ports before the end of September, pending Government approval. The "White Paper" will also be delivered to major airports and other secured facilities.
The Port of Savannah's Garden City Terminal is the largest single terminal container operation in the U.S. with over 1200 acres of property. There are up to 8,000 trucks entering the Port every day. The challenge of tracking and pinpointing the location of each vehicle in real time is daunting in its complexity. To help address this massive security issue, the Savannah Port asked Homeland Integrated Security Systems to pilot test the Cyber Tracker. The results of those tests are as follows:
Phase I. Criteria
Determine whether or not the GPS technology can function within the canyons of the ports.
Determine coverage; identify any part of the port not covered. Test the battery size and life.
Phase I. Results
The Cyber Tracker worked flawlessly. Coverage was good in every part of the port. Battery size and life are not issues; the Cyber Tracker charging unit's life is 16 hours, exceeding the average length of projected truck usage (2 hours) by 800%.
Phase II. Criteria
Determine the Data Collection, archiving, and storage capabilities of the Cyber Tracker solution; showing tracking and movement of vehicles at selected intervals over a 30 day period.
Phase II. Results
The Cyber Tracker met and exceeded all data criteria.
Phase III of the Savannah Port Project consists of GIS mapping and software finalizations and incorporates tracking devices deployed both on the port and in the immediate area surrounding the port. Homeland Integrated Security Systems owns proprietary technology and has the rights to use patents to some of the most innovative and sophisticated security products. The project at the Savannah Port is being conducted in conjunction with Georgia Tech and the Maritime Logistics Innovation Center (MLIC).
Homeland Integrated Security Systems Inc. will have its Nationwide Teleconference available for replay for 30 Days. The Dial In telephone number for the teleconference is 1 (877) 213-9653. The passcode is 12467820.
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. One of the key target markets is the 361 commercial seaports in the US which are vulnerable to criminal penetration. For more information go to www.hissusa.com.
For more information please visit our website www.hissusa.com or contact Matt Maguire 1-866 THE APPL(E).
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. Homeland Integrated Security Systems, Inc. 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.