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Homeland Security Capital Corp. Subsidiary Nexus Technologies Signs LOI to Acquire Linear Technologies
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Last Update: 9:03 AM ET Jan 29, 2007
ARLINGTON, Va., Jan 29, 2007 /PRNewswire-FirstCall via COMTEX/ -- Homeland Security Capital Corp. (HMSC : homeland sec cap corp com News , chart, profile, more Last: 0.00+0.00+46.15%
10:11am 01/29/2007
Delayed quote dataAdd to portfolio Analyst Create alertInsider Discuss Financials Sponsored by: HMSC0.00, +0.00, +46.2%) , a company focused on acquiring, developing and consolidating homeland security-related businesses, announced today that its subsidiary Nexus Technologies Group has signed a letter of intent to acquire New York City-based Linear Technologies, Inc. The closing is expected to occur in the first quarter of 2007. Linear generated approximately $12 million in revenues in 2006 and is expected to generate $15 million in revenues in 2007. The combined revenues of Linear and Nexus are expected to exceed $25 million in 2007. C. Thomas McMillen, Homeland Security Capital chairman and CEO, said, "This acquisition adds value to our company by integrating the security capabilities of Nexus with the data, voice and IT infrastructure offerings of Linear. This integration will allow the company to provide a single-source security and technology solution to its mid-Atlantic customer base." About Linear Technologies Linear Technologies, Inc. is a technology services firm specializing in the design, project management and installation of data networks, voice/data cable infrastructure, telephone and security systems and complete technology relocation services. Its clients range from startups to Fortune 500 companies. For more information, visit http://www.lineartech.com. About Nexus Technologies Group Nexus Technologies Group, headquartered in Hawthorne, N.Y., provides integrated security solutions for the corporate and government security markets. A subsidiary of Homeland Security Capital Corp., Nexus Technologies Group offers its own brand of security integration, which leverages more than a combined 50 years of industry experience while providing a unique solutions perspective. Ultimately, with cutting-edge technologies, Nexus provides innovative, engineered and scaleable solutions to effectively protect people, property and assets. For more information, visit http://www.nexusna.com. About Homeland Security Capital Corp. Homeland Security Capital is a consolidator in the fragmented homeland security industry. The company is focused on creating long-term value by taking controlling interest and developing its subsidiary companies through superior operations and management. The company is headed by former Congressman C. Thomas McMillen, who served three consecutive terms in the U.S. House of Representatives from the 4th Congressional District of Maryland. Homeland Security Capital intends to operate businesses that provide homeland security products and services solutions, growing organically and by acquisitions. The company is targeting emerging companies that are generating revenues but face challenges in scaling their businesses to capitalize on homeland security opportunities. The company will enhance the operations of these companies by helping them generate new business, grow revenues and improve cash flows. An investment profile about Homeland Security Capital may be found at http://www.hawkassociates.com/hmscprofile.aspx. For investor relations information regarding Homeland Security Capital, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info*hawkassociates.com. An online investor kit including press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com. Forward-looking statement: This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future activities, performance, events or developments, are forward-looking statements. Although Homeland Security Capital Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Company Contact: Homeland Security Capital Corp. C. Thomas McMillen (703) 528-7073 tmcmillen*hscapcorp.com
Investor Relations: Hawk Associates Inc. Frank Hawkins or Julie Marshall (305) 451-1888 info*hawkassociates.com
SOURCE Homeland Security Capital Corp. C. Thomas McMillen of Homeland Security Capital Corp., +1-703-528-7073, tmcmillen*hscapcorp.com; or Investor Relations, Frank Hawkins or Julie Marshall, both of Hawk Associates Inc., +1-305-451-1888, info*hawkassociates.com, for Homeland Security Capital Corp. http://www.lineartech.com Copyright (C) 2007 PR Newswire. All rights reserved
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Press Release Source: Homeland Security Capital Corp.
Homeland Security Capital Corp. Granted One Year Deferral of Registration Requirements by Cornell Capital Thursday February 1, 8:53 am ET
ARLINGTON, Va., Feb. 1 /PRNewswire-FirstCall/ -- Homeland Security Capital Corp. (OTC: HMSC - News), a company focused on acquiring, developing and consolidating homeland security-related businesses, announced today Cornell Capital Partners, LLP has agreed to defer any registration requirements on its investments in the Homeland Security Capital for another year. ADVERTISEMENT
C. Thomas McMillen, Homeland Security Capital chairman and CEO, said, "I am pleased that Cornell has given us this vote of confidence by delaying the registration requirements on their investments in the company. This will help in our objective of building greater shareholder value."
Cornell Capital Managing Director, Mike Rosselli said, "Our registration delay is a validation by Cornell of the strength of Homeland Security's business plan and management and our commitment to the company."
About Homeland Security Capital Corp.
Homeland Security Capital is a consolidator in the fragmented homeland security industry. The company is focused on creating long-term value by taking controlling interest and developing its subsidiary companies through superior operations and management. The company is headed by former Congressman C. Thomas McMillen, who served three consecutive terms in the U.S. House of Representatives from the 4th Congressional District of Maryland. Homeland Security Capital intends to operate businesses that provide homeland security products and services solutions, growing organically and by acquisitions. The company is targeting emerging companies that are generating revenues but face challenges in scaling their businesses to capitalize on homeland security opportunities. The company will enhance the operations of these companies by helping them generate new business, grow revenues and improve cash flows.
For investor relations information regarding Homeland Security Capital, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info*hawkassociates.com. An online investor kit including press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com.
Forward-looking statement: This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future activities, performance, events or developments, are forward-looking statements. Although Homeland Security Capital Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements.
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Homeland Security Capital Corp. Subsidiary Launches New Automated Security Control Program 8:50a ET February 8, 2007 (PR NewsWire) Homeland Security Capital Corp. (OTC Bulletin Board: HMSC), a company focused on acquiring, developing and consolidating homeland security-related businesses, announced today that its subsidiary, SecurityInc, has launched a new automated security monitoring and control system with strong applications for public building security.
The company's unique Managed Automated Security Controls (MASC) software and MASC-Series controllers are able to automate important tasks without a host computer or a person initiating the response. This includes actions such as triggering alarms, shutting down elevators and locking designated areas when a security breach is detected. The technology has important applications for police stations, prisons and hospitals that are vulnerable during power outages.
In the wake of Hurricane Katrina, the Department of Homeland Security developed the Security Survivability Interoperability Master Plan (SSIMP), a process whose requirements are satisfied by MASC. MASC also is capable of handling ladder logic and peer-to-peer (distributed) processes and can be fully integrated with building control systems and current Department of Defense initiatives. The capability of running without host computers and human monitoring makes the MASC system one of the first responders to emergency situations and provides for continued protection.
C. Thomas McMillen, Homeland Security Capital chairman and CEO, said, "Homeland Security and SecurityInc are ushering in a new era of monitoring and control systems with the launch of MASC. Software this smart is revolutionary. A human being doesn't have to react to each set of circumstances, the software and controller are capable of doing that on its own."
Joel Konicek, SecurityInc's CEO, comments, "Our system integrates access control, intrusion detection, alarm monitoring, CCTV, DVR, video compare, text-to-speech audio annunciation and badging functions in a unique single application. Its touch screen, user-definable, graphical control interface is designed and configured to meet the needs and skill level of every user. There is no other system quite like this in the market. In today's world, this provides a badly needed and important new level of building security."
About SecurityInc
SecurityInc is a single-source manufacturer of RFID enabled integrated electronic access control solutions and security management products. The systems are designed for Homeland Security applications, commercial and institutional markets. The company markets its products through an established network of system integrators and authorized distributors. For more information, visit: http://www.securityinc.com.
About Homeland Security Capital Corp.
Homeland Security Capital is a consolidator in the fragmented homeland security industry. The company is focused on creating long-term value by taking controlling interest and developing its subsidiary companies through superior operations and management. The company is headed by former Congressman C. Thomas McMillen, who served three consecutive terms in the U.S. House of Representatives from the 4th Congressional District of Maryland. Homeland Security Capital intends to operate businesses that provide homeland security products and services solutions, growing organically and by acquisitions. The company is targeting emerging companies that are generating revenues but face challenges in scaling their businesses to capitalize on homeland security opportunities. The company will enhance the operations of these companies by helping them generate new business, grow revenues and improve cash flows. For more information, visit: http://www.hscapcorp.com.
For investor relations information regarding Homeland Security Capital, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info*hawkassociates.com. An online investor kit including press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com.
Forward-looking statement: This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future activities, performance, events or developments, are forward-looking statements. Although Homeland Security Capital Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements.
Company Contact: Homeland Security Capital Corp. C. Thomas McMillen (703) 528-7073 tmcmillen*hscapcorp.com Investor Relations: Hawk Associates Inc. Frank Hawkins or Julie Marshall (305) 451-1888 info*hawkassociates.com
SOURCE Homeland Security Capital Corp.
C. Thomas McMillen, of Homeland Security Capital Corp., +1-703-528-7073, or tmcmillen*hscapcorp.com; or Investor Relations, Frank Hawkins or Julie Marshall, of Hawk Associates Inc., +1-305-451-1888, or info*hawkassociates.com, for Homeland Security Capital Corp. http://www.hawkassociates.com/hmscprofile.aspx February 1, 2007 8:53a Homeland Security Capital Corp. Granted One Year Deferral of Registration Requirements by Cornell Capital PR NewsWire January 30, 2007 9:18a Homeland Security Capital Corp. Subsidiary Nexus Technologies Appoints Thomas P. Rosato to Board of Directors PR NewsWire January 29, 2007 9:03a Homeland Security Capital Corp. Subsidiary Nexus Technologies Signs LOI to Acquire Linear Technologies PR NewsWire January 25, 2007 9:02a Homeland Security Capital Corporation Subsidiary Nexus Technologies Group Announces Record Backlog Ending 2006 PR NewsWire
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posted
Whats up with this sudden runup? Is there news?
-------------------- It is better to be thought a fool than to speak and remove all doubt. Posts: 357 | From: Minnesota | Registered: Jun 2005
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-------------------- It is better to be thought a fool than to speak and remove all doubt. Posts: 357 | From: Minnesota | Registered: Jun 2005
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posted
Ditto this morning. Getting some action again. Hits at .0018
-------------------- It is better to be thought a fool than to speak and remove all doubt. Posts: 357 | From: Minnesota | Registered: Jun 2005
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posted
I'm so in on this. HMSC always has crazy runs like this. More good news to come?
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-------------------- It is better to be thought a fool than to speak and remove all doubt. Posts: 357 | From: Minnesota | Registered: Jun 2005
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-------------------- It is better to be thought a fool than to speak and remove all doubt. Posts: 357 | From: Minnesota | Registered: Jun 2005
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posted
Wow, nice to see they're looking for some other options than the easy way out. They gained back some credit in my eyes today.
Homeland Security Capital Corp. Defers Reverse Split Monday March 5, 8:58 am ET
ARLINGTON, Va., March 5 /PRNewswire-FirstCall/ -- Homeland Security Capital Corp. (OTC Bulletin Board: HMSC - News), a company focused on acquiring, developing and consolidating homeland security-related businesses, announced today that it will defer its previously announced reverse split of its common stock while it pursues a number of strategic alternatives. ADVERTISEMENT
C. Thomas McMillen, chairman and CEO of Homeland Security Capital Corp., said, "As we work to close the Linear Technologies acquisition, we have a number of opportunities that make it prudent for us to defer the reverse split of our common stock."
Homeland Security's subsidiary Nexus Technologies Group is scheduled to acquire New York City-based Linear Technologies, Inc. Linear generated approximately $12 million in revenues in 2006 and is expected to generate $15 million in revenues in 2007. The combined revenues of Linear and Nexus are expected to exceed $25 million in 2007.
About Homeland Security Capital Corp.
Homeland Security Capital is a consolidator in the fragmented homeland security industry. The company is focused on creating long-term value by taking controlling interest and developing its subsidiary companies through superior operations and management. The company is headed by former Congressman C. Thomas McMillen, who served three consecutive terms in the U.S. House of Representatives from the 4th Congressional District of Maryland. Homeland Security Capital intends to operate businesses that provide homeland security products and services solutions, by growing organically and by acquisitions. The company is targeting emerging companies that are generating revenues but face challenges in scaling their businesses to capitalize on homeland security opportunities. The company will enhance the operations of these companies by helping them generate new business, grow revenues and improve cash flows. For more information, visit: http://www.hscapcorp.com.
For investor relations information regarding Homeland Security Capital, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info*hawkassociates.com. An online investor kit including press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com. To receive future releases in e-mail alerts, sign up at http://www.hawkassociates.com/email.aspx.
Forward-looking statement: This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future activities, performance, events or developments, are forward-looking statements. Although Homeland Security Capital Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements.
Company Contact: Homeland Security Capital Corp. C. Thomas McMillen (703) 528-7073 tmcmillen*hscapcorp.com
Investor Relations Information: Hawk Associates, Inc. Frank N. Hawkins, Jr. or Julie Marshall Phone: (305) 451-1888 E-mail: info*hawkassociates.com
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