SOURCE: Homeland Safety International, Inc.

November 05, 2007 10:41 ET

Homeland Safety Intl. Announces Initial Investment in InfrAegis

IRVING, TX--(Marketwire - November 5, 2007) - Homeland Safety International, Inc. (PINKSHEETS: HSFI), a provider of homeland security products and services, worldwide, announced today its first investment in another security related company, InfrAegis (www.ia911.com), a security products and services company. The Company stated that this investment begins the execution of its stated goal of broadening its product offerings and building a closer relationship with the companies whose products they sell. The amount of the investment was not disclosed, but the Company further stated that in return for its initial investment, it has the option to invest significantly more for a 6-month period from the time of the original investment.

InfrAegis, Inc. (Ia) is a security technology and media distribution company that provides products, services, and countermeasures to protect and defend borders, ports, mass transit systems, airports, financial institution systems, and critical infrastructure against acts of terrorism. Homeland Safety represents these products through its network of agents around the world. Ia is currently negotiating several multimillion dollar projects for its radiation, biological and chemical detection systems.

"With this investment we are demonstrating our commitment to Ia and the products they sell," stated Paul Johnson, President of Homeland Safety. "InfrAegis has several very large projects in the proposal stages and is well on its way to finding project funding for those projects. We believe our investment and the option to invest more in the future is a very solid play in this arena."

About Homeland Safety International, Inc.

Homeland Safety is a broker for numerous products in the homeland security arena and the war on terror. Its products and services include anti-terror and counter terror security services, explosives, nuclear, biological and chemical detection products, and chemical cleanup products. The Company sells through a group of Representatives around the world that leverage their local contacts, knowledge, business protocol, and the related sales process to effectively cut the selling cycle, getting products to the market more quickly and efficiently.

Safe Harbor Act Disclaimer: Forward-looking statements in this release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell the securities.

Contact Information

  • CONTACT:
    Homeland Safety International, Inc.
    Lee White
    972-868-9102

    Market News First -- News Agent
    Angela Junell
    214-461-3411
    ajunell@MN1.com