SOURCE: Homeland Safety International

May 03, 2007 11:19 ET

Homeland Safety International, Inc. Announces Distributor Licensing Agreement

IRVING, TX -- (MARKET WIRE) -- May 3, 2007 -- Homeland Safety International, Inc. (PINKSHEETS: HSFI) announced today the completion of a definite two-year sales agreement for the exclusive rights to sell InfrAegis products in 13 countries in the Middle East and Asia and the non-exclusive rights in several other countries. The Distributor Licensing Agreement calls for Homeland to assign certain agents in the defined territories to sell and support InfrAegis' entire line of nuclear, radiation, biological and explosives detection products as well as the related software for secure transmission of detection data and facial imaging. Countries included in the agreement are China, Japan, Thailand, Viet Nam, Korea, Qatar, Bahrain, Dubai, Kuwait, Jordon, and the UAE. Additional countries will be added in the future with the agreement of both parties.

Homeland Safety stated that several of its agents have already introduced Ia's products to their clients around the world with very positive responses. Homeland Safety further stated that licensing funds have already been exchanged for the right to sell InfrAegis' products.

"With the completion of this agreement we believe Homeland Safety is one more step closer to realizing its goal of being a full service homeland security company," stated Paul Johnson, President and CEO of Homeland Safety. "We have very serious interest in these products. Our challenge now is execution. These are large, complex sales that could reach as much as $1 billion each and we now have to manage the process of preparing for those size sales."

"After seeing InfrAegis products in action, I am convinced there is an enormous opportunity in the Middle East," stated George Azar, Chairman of AZARCO, Homeland Safety's agent in the Middle East region. "We have already introduced the products to some of our major customers, which include airports, governmental agencies, and embassies."

"Homeland's agents such as AZARCO have gained an in-depth understanding of the value of our security solutions and are quickly communicating that value to their customers," says Greg Webb, Chairman and CEO of InfrAegis.

About Homeland Safety International, Inc.

Homeland Safety has signed selling agreements for numerous products that are related to homeland security and the war on terror. Its products and services include anti-terror and counter terror security services, nuclear, biological and chemical detection products, chemical cleanup products, as well as GPS and RFID tracking solutions. Homeland Safety is also the holder of the exclusive license to sell Sniffex, an explosives detection device in NAFTA countries, and, on a non-exclusive basis, in many other areas of the world. The Company sells through a group of Representatives from around the world that leverage their local contacts, knowledge of the local markets and the related sales process to effectively cut the selling cycle and get products into the market more quickly.

About InfrAegis, Inc.

InfrAegis, Inc. (Ia), formerly known as Intelagents, Inc., is a security technology company that utilizes advanced wireless and broadband/WiMAX solutions in providing products, solutions, and countermeasures to protect and defend borders, ports, mass transit systems, airports, financial institution systems, and critical infrastructure against acts of terrorism. Established in 2003, InfrAegis is highly regarded for its ability to implement leading-edge technology to detect, analyze and monitor weapons of mass destruction and hazardous/contraband materials. The company is dedicated to applying pre-designated countermeasures during emergency situations to save lives, protect assets, and mitigate damage.

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:
    Paul Johnson