SOURCE: Homeland Integrated Security Systems, Inc.

October 05, 2005 08:20 ET

Homeland Integrated Security Systems, Inc. Receives Initial Payment From Pro.Sec on $5.5 Million Purchase Order

ASHEVILLE, NC -- (MARKET WIRE) -- October 5, 2005 --Homeland Integrated Security Systems, Inc. (OTC: HISC) announced today that it has received its deposit from Pro.Sec for the purchase of its first demo unit. The blanket purchase order from Pro.Sec, a Middle Eastern security company, is for 200 trace detection units at a retail price of $29,900 per unit. The order translates to over $5.5 Million for the hardware.

The $5.5 Million order for the Cyber Noze Division Trace Detection unit is in addition to the $2.5 Million purchase order Homeland Integrated Security Systems received from Pro.Sec for 5000 Cyber Trackers.

The Cyber Noze Division will begin to fulfill the Pro.Sec blanket purchase order upon the Company's receipt of its export license from the US Government.

Lebanese General Pierre HADJI Georgiou will be speaking at the Homeland Integrated Security Systems, Inc. shareholder meeting, which is to be held in Atlanta on October 20-21, 2005. General Georgiou will be addressing Homeland Security needs in the Middle East. Registered shareholders can secure their place at the shareholder's meeting by logging on to www.hissusa.com, and clicking on Shareholder's Meeting.

General Georgiou is the President of Pro.Sec, a leading Middle Eastern security company. Pro.Sec has recently entered into an agreement with Homeland Integrated Security Systems to purchase over $8 Million of Homeland Integrated Security Systems' products that they intend to incorporate into the security systems to protect commercial buildings and government installations.

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. Among the key target markets are the 361 commercial seaports in the U.S. which are vulnerable to criminal penetration. The company is now accepting pre-orders for the Cyber Tracker at www.hissusa.com.

For more information please visit our Web site 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 that 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.

Contact Information

  • Contact:
    Matt Maguire
    1-866 THE APPL(E)