ASHEVILLE, N.C., Jan. 19, 2005 (PRIMEZONE) -- Homeland Integrated Security Systems, Inc., (Pink Sheets:HISC) announced today that BBI, Inc. d/b/a Cyber Cynergy, a wholly owned subsidiary of Homeland Integrated Security Systems (publicly traded as "HISC"), recorded revenues for 2004 of $1.3 million (unaudited). HISC completed the acquisition of BBI Inc. in a stock and liability indemnification agreement prior to yearend 2004. BBI, Inc. is a telephony innovator and marketer of cellular phones and devices, together with the installation and integration of new computers and technology.
BBI, Inc. d/b/a Cyber Cynergy is projecting 40% growth for 2005, as a result of their new location in downtown Hendersonville, N.C. The addition of wholesale cellular sales and its refurbished computer division and is projecting sales growth and increased profitability for 2005.
Homeland Integrated Security Systems currently holds proprietary technology rights on Access Control, the Cyber Tracker, and systems integration designed for America's ports. Frank Moody, CEO, says with the addition of cutting-edge technology and a revitalized sales effort, they will have the ability to wholesale products to their Commercial/Government Division, thus providing the opportunity for higher profits and tighter quality controls for 2005.
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. One of the key target markets is the 361 commercial seaports in the U.S., which are vulnerable to criminal penetration. For more information go to www.hissusa.com
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 who 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.
For more information go to http://www.hissusa.com
Frank A. Moody, II, CEO
HOMELAND INTEGRATED SECURITY SOLUTIONS trading under the symbol: HISC 1 Town Square Blvd. Suite 347 Asheville, NC 28803 828-681-5152 Office 828-242-6652 Cellular 828-681-9501 Fax