SOURCE: Wall Street News Alert

December 05, 2005 09:48 ET

Hot Stock Alert: Emerging Public Company Signs Major International Distribution Agreement in India! December 5, 2005

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- December 5, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: Homeland Security Corporation (OTC: HSCC), Red Hat, Inc. (NASDAQ: RHAT), OmniVision Technologies, Inc. (NASDAQ: OVTI) and Visual Networks, Inc. (NASDAQ: VNWK).

Once again, Homeland Security Corporation (OTC: HSCC) could be a target of aggressive investors and day traders this morning! Friday after the stock markets closed, the company issued a press release announcing that it has completed a major International distribution agreement with G-3, Tele Broadcast Convergence India (P) Ltd., in which G-3 will be the "Exclusive" authorized reseller for Homeland Security Corporation's full line of products (with the exception of those products restricted by the export laws and/or treaties of the United States Government).

News of the distribution agreement could get the attention of investors, as according to the press release, G-3 has a strong rapport with the major departments of the Government of India, the State Governments and the Private defense Houses.

Continue to watch this company! The press release also states that India is going through the technological revolution in the field of security. The requirement for Homeland Security Corporations products in government and non-government houses will be vast and growing.

Company President and CEO David Shade stated, "We have analyzed the marketing base in India and believe that the strength of our products and their marketability will have an immediate acceptance in the market. This agreement will solidify our goals in expanding our International market."

Investors should continue to monitor the progress of Homeland Security Corporation!

Early this month, the company announced that it has become an exclusive distributor for a unique GPS "Asset Tracking Device," in which you do not have to rely on a call center or the police to locate your vehicle(s) or assets. It is simply a matter of calling up the small unit that is concealed within the vehicle(s) or asset from your PC, PDA or anywhere there is an Internet access. In seconds, a moving map is displayed showing, in "Real Time," the exact location, direction, and speed. In that press release, company President and CEO David Shade stated, "In order to compete in the growing 'Asset Tracking' market, the Company has added this unique product to its expanding product base. This move allows us to reach our goal of becoming a market leader in the security, surveillance, and Asset tracking worldwide."

Prior to the latest press release, the stock closed Friday at Eleven cents a share.

For an in-depth profile of Homeland Security Corporation, visit

In case you are not familiar with the company: 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.

Stocks showing interesting activity Friday at the close of the regular trading day were: Red Hat, Inc. (NASDAQ: RHAT) up 3.5% on 4.2 million shares traded, OmniVision Technologies, Inc. (NASDAQ: OVTI) up 18.1% on 24.4 million shares traded and Visual Networks, Inc. (NASDAQ: VNWK) up 19.8% on 15.3 million shares traded.


"The Labor Department's latest report on the job situation, released Friday, suggested hiring is back on track. Employers expanded payrolls by 215,000 jobs last month, the most since July. The unemployment rate held steady at 5 percent," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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