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Homeland Security Group International to Provide Security Services to Nation's Big Box Retail Industry
Business Wire - October 25, 2005 06:00
HMSG Signs Security Contract With National Full Service Security Firm NESCTC, Initial Contracts Project over $500,000 in Ongoing Revenue
DEL MAR, Calif., Oct 25, 2005 (BUSINESS WIRE) -- Homeland Security Group International (Pink Sheets:HMSG) announced today that the company has entered the National Security Cooperative managed by NESCTC Security of Rhode Island. HMSG will provide uniformed security personnel for such national retail chains as T.J. Maxx, Good Guys, Comp USA, AJ Wright, and Guess stores in the Northern and Southern California area.
HMSG completed contract negotiations with NESCTC after concluding security contracts for the retail chains CompUSA, Good Guys, AJ Wright in San Diego, Bakersfield and San Francisco, California.
"The clients were impressed by our personnel and their professionalism. NESCTC has offered us continuing contracts based upon the favorable results from the initial contracts," commented Mark Wilson, Director of Security for Homeland Security Group International. "We feel the security guard business model fits well with our corporate vision giving us a steady residual income stream. Initially, we will be hiring over twenty personnel in the San Francisco Bay area to service these contracts."
As part of the agreement, HMSG has opened a branch office in the San Francisco Bay area to manage ten different one-year contracts.
Personnel seeking employment as uniformed security guards should contact HMSG for interview appointments at Toll Free 800-544-7795 or via our website at www.HSTINC.us. Email MWilson@hstinc.us, 858-350-3138, Fax.
ABOUT NESCTC SECURITY
NESCTC is a privately held, limited liability company, established in 1997 as a security consulting and training firm, with a strong contract security force. NESCTC corporate headquarters are located in Providence, Rhode Island. In 1999, demand for NESCTC's high quality, low cost guard services fueled growth of NESCTC Direct, direct services division, and NESCTC expanded its direct service throughout central and southern New England to meet this demand. In the process of expanding their direct service division, NESCTC attracted the attention of national and multinational organizations requiring a range of security services. These organizations put NESCTC under a microscope to test the validity of their statements and services. These organizations became clients and these Clients have helped NESCTC grow into a national, full-service, security consulting and management firm. Since 1999, NESCTC has met the growing demand for guard services nationally by developing a proprietary database of over 500 small and medium-sized security guard service suppliers covering every state and territory in North America. NESCTC manages national accounts through the National Security Cooperative. www.NESCTC.com
ABOUT HOMELAND SECURITY GROUP INTERNATIONAL
Homeland Security Group International (Pink Sheets:HMSG) is a technology-based corporation based in north county San Diego. HST's mission is the development and commercialization of technology focused on providing increased security for both civilian and military personnel throughout the world. Under the leadership of Colonel Jeffrey A. Powers, USMC (Retired), HMSG has assembled a portfolio of technology and services through alliances with established defense-related companies and through internal development that is being brought to market in a cost-efficient and timely manner. The Company also has an alliance with Recon Mountaineer, LLC, (an Oceanside, Calif.-based designer and manufacturer of military combat gear for the United States Armed Forces). The company has partnered with leading security firms to design and market surveillance systems for homeland defense security applications.
This press release contains forward-looking statements pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements include risks and uncertainties that may cause the company's plans to change and are in no way intended to guarantee that the company will be successful in executing its plans. HMSG's common stock currently trades on the over-the-counter "Pink Sheets" under the symbol "HMSG." This press release in no way constitutes any recommendation regarding the securities of HMSG or its affiliates. Any person reading this press release is advised that this release should be considered in light of all facts and circumstances regarding the business and financial condition and prospects of HMSG, and no inference is made in this release contains all such information.
SOURCE: Homeland Security Group International
Homeland Security Group International
Colonel Jeffrey A. Powers, 858-436-2480
Toll Free: 800-544-7795
or
PMR and Associates, LLC
Patrick Rost, 858-350-0409 (Investor Relations)
Copyright Business Wire 2005