SOURCE: Homeland Security Corporation

February 10, 2006 09:30 ET

Homeland Security Corporation Retains Independent Auditors to Become Fully Reporting

NEWPORT BEACH, CA -- (MARKET WIRE) -- February 10, 2006 -- HOMELAND SECURITY CORPORATION (OTC: HSCC) is pleased to announce they have entered into an engagement letter with the accounting firm of MADSEN & ASSOCIATES, CPA's, Inc. of Salt Lake City, Utah.

One of the immediate goals of HOMELAND SECURITY CORPORATION is to complete an audit and file the necessary forms with the SEC to become fully reporting.

"One of our primary objectives is to bring HOMELAND SECURITY CORPORATION to a fully reporting status," stated David Singer, President of Homeland Security Corporation. "Further, it is our intent to move forward with our sales and marketing plan for 2006 and develop strategic alliances in the government security sector. These actions underline the commitment to build shareholder equity and confidence."

About Homeland Security Corporation:

Homeland Security Source, now a wholly owned subsidiary of Homeland Security Corporation, was incorporated in 1997, as a Nevada corporation, for the purpose of distributing security and surveillance products through the Internet. Currently, the Company has access through various vendors to over 10,000 security, surveillance, and counter-surveillance products. In 2003, the Company received its GSA Contractors Award. This award is its authorization to sell to the Federal Government and all other State, County, and local Agencies. In addition to the various products sold, the Company has been awarded product and installation contracts for government installations throughout the United States.

The Company would also like to welcome all new shareholders present or future to visit our new website at homelandsecuritycorp.net.

Included in this release are certain "forward-looking" statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding Homeland's performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovation, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Homeland Security Corporation does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.

Contact Information

  • Contact:

    Homeland Security Corporation
    David L. Shade
    949-250-1592
    David Singer
    801-520-1189
    E-mail: dlshade2000@yahoo.com

    IR Firm:
    RR Investment Holdings
    Robert Rico
    305-919-9929