ASHEVILLE, N.C., April 7, 2005 (PRIMEZONE) -- Homeland Integrated Security Systems, Inc. (Pink Sheets:HISC) is pleased to announce that they have been featured on Wallstreetcorner.com. In his interview with Larry Oakley, Homeland Integrated Security Systems, Inc. CEO, Frank Moody, stated that, "We are projecting a net revenue of $7 Million in calendar 2005."
Wallstreetcorner.com reported that Homeland Integrated Security Systems generated revenues of over $2 Million in 2004 through the operations of their technology retail stores and consulting income. "I like situations where there is a base that generates a profit, and at the same time provides the wherewithal to complete and commercialize a set of extremely valuable emerging technology products," stated Larry Oakley in his column.
Homeland Integrated Security Systems have worked on a real-time tracking system for two years. The result is a product called the Cyber Tracker (equipped with a G.P.S. system.) "The third generation design will open new opportunities for HISC in the port security arena as well as allowing the Company to have a broader presence in other security markets," stated Ian Riley, Chief Technical Officer of Homeland Integrated Security Systems.
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 seaport security products. Their target market is the 361 commercial seaports in the U.S. which are vulnerable to criminal penetration. For more information please visit our website at www.hissusa.com
For Larry Oakley's complete article visit www.wallstreetcorner.com.
Safe Harbor
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
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.