SOURCE: Homeland Integrated Security Systems, Inc.

May 01, 2008 08:31 ET

Homeland Integrated Security Systems Applies for Green Grant With North Carolina Board of Science and Technology

ARDEN, NC--(Marketwire - May 1, 2008) - Homeland Integrated Security Systems, Inc. (PINKSHEETS: HISU) is pleased to announce that the Company has filed an application with the North Carolina Board of Science and Technology to receive a Green Business Fund, or a "Green Grant." The grants encourage the development and commercialization of promising "green" technologies and will assist the Company in promoting the green benefits of its Cyber Tracker product line.

The Cyber Tracker technology quickly provides a return on investment for fleet managers as it can reduce their fuel costs, increases efficiency and saves thousands of dollars annually. These fuel savings also contribute towards reducing dependence on foreign energy and the negative effects of "Greenhouse" gases. The Cyber Tracker allows users, such as logistic companies, to analyze routing, stop/idle times, extraneous or unauthorized mileage, and excessive speeds, amongst other benefits.

"We are constantly looking at ways to develop our product so that it is beneficial to a wide variety of organizations in many different sales verticals. If awarded, the solicitation will provide us with funding that will help to further develop and market the environmentally friendly 'green' benefits of our Cyber Tracker to new customers," stated Alex Ensley, VP of Logistics for Homeland Integrated Security Systems.

To find out more about the Green Grant, please visit: http://www.ncscienceandtechnology.com/NCGreenBusinessFund/Solicitation_FY0708GBF.htm.

HISU recently announced that the Company is entering the multibillion dollar alternate energy industry by marketing the "green" benefits of its Cyber Tracker. Clean Edge, an alternative energy research group, is showing that an additional $130 billion dollar market will be created in alternative energies (fuel cells, biofuels, wind power and solar) over the next eight years.

About Homeland Integrated Security Systems:

Homeland Integrated Security Systems owns proprietary technology in conjunction with its Cyber Tracker product line. Cyber Tracker technology has applications for data and tracking functions across a variety of industries, utilizing CDMA, IDEN, and GSM technologies. In addition, the use of satellite technology in conjunction with the Cyber Tracker is under development. For more information, please visit the Company's Web site: www.hissusa.com.

Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

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Contact Information

  • Contact:
    Homeland Integrated Security Systems, Inc.
    www.hissusa.com
    or Call
    Investor Relations
    + 1-866-THE-APPL(E)