ASHEVILLE, N.C., Sept. 12, 2005 (PRIMEZONE) -- Homeland Integrated Security Systems, Inc. (Pink Sheets:HISC) announced today that it has submitted its application to the US Department of Commerce to secure an export license.
"The export license will give us the ability to fulfill the over $8 million in back purchase orders from the Middle East," stated Frank Moody, CEO of Homeland Integrated Security Systems.
Homeland Integrated Security Systems, Inc. received a blanket purchase order from Pro.Sec, a Middle Eastern security company, for 5000 Cyber Trackers. The order translates to $2.5 million for the hardware, which does not include subsequent fees for the software and service. In addition, Homeland Integrated Security Systems, Inc.'s Cyber Noze division received a $5.5 Million Blanket Purchase Order from Pro.Sec. Upon receipt of the export license, Homeland Integrated Security Systems will be able to begin shipments to the Middle East.
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. Among the key target markets are the 361 commercial seaports in the U.S. which are vulnerable to criminal penetration. The company is now accepting pre-orders for the Cyber Tracker at www.hissusa.com.
For more information please visit our Web site www.hissusa.com or contact Matt Maguire 1-866 THE APPL(E).
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 that 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.