SOURCE: Homeland Integrated Security Systems, Inc.

August 22, 2007 09:45 ET

Homeland Integrated Security Systems Posts Financials for First Half 2007

ASHEVILLE, NC--(Marketwire - August 22, 2007) - Homeland Integrated Security Systems, Inc. (PINKSHEETS: HISC) announced today that it has posted its financial results for the First Half of 2007.

Highlights of the financials include:

--  Sales in the First Half of 2007 were $ 631,940.
--  Gross profit was 27.7%.
--  Current liabilities were reduced by $196,753.

"Our first quarter performance helped us start the year with a record for sales," stated CEO and President Fredrick Wicks. "The second quarter also started strong. However, the final development of the GSM version of the Cyber Tracker required significant investment and affected our ability to maintain inventory at levels that would continue our record pace."

"Although we are not where we wanted to be at this point in the year, we remain encouraged by the addition of the GSM products. The market for GPS solutions in the GSM arena is a much greater opportunity for our company. We look forward to reporting the results of all our efforts in launching the GSM Cyber Tracker," stated Brian Riley, Chairman of the Board and COO of Homeland Integrated Security Systems.

The complete financials for the First Half of 2007 can be viewed at:

About Homeland Integrated Security Systems:

Homeland Integrated Security Systems owns proprietary technology in conjunction with its innovative product, the Cyber Tracker. Cyber Tracker technology has applications for data and tracking functions across a variety of industries, utilizing IDEN and GSM technologies. In addition, CDMA and Satellite technologies are under development with release expected some time in 2007. For more information please visit our website

Safe Harbor: This letter contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the ability of the Company to successfully implement its turnaround strategy, changes in costs of raw materials, labor, and employee benefits, as well as general market conditions, competition and pricing. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this letter will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as representation by the Company or any other person that the objectives and plans of the Company will be achieved. In assessing forward-looking statements included herein, readers are urged to carefully read those statements. When used in the Annual Report on Form 10-K, the words "estimate," "anticipate," "expect," "believe," and similar expressions are intended to be forward-looking statements.

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