DEL MAR, Calif., Oct 14, 2005 (BUSINESS WIRE) -- Homeland Security Group International (Pink Sheets:HMSG), announced today that its security division had signed a contract to provide security guard services for all "Good Guys" electronics stores in San Diego County.
"CompUSA, the parent company of Good Guys is either closing facilities or transitioning Good Guys stores into Comp USA stores," said Mark Wilson, Director of Security for Homeland Security Group International. "We have been contracted to provide uniformed security guards at all locations during the transition."
"The security guard business model is very attractive to us due to the recurring revenue stream and potential for long term contracts. Our survey of the industry has indicated a strong need for security guard services that exceed the traditional minimum wage monitoring services most companies offer. Our strategy has been to offer to our customers a more comprehensive approach individually tailored to their security needs," commented Colonel Jeffrey Powers, CEO of HMSG. "Our Director of Security, Mark Wilson has extensive experience in this arena. His background in embassy security for the US Marine Corps and as private detective and former police officer provides insights and perspective on our clients' security needs that are proving invaluable to the marketplace," concluded Colonel Powers.
Homeland Security Group International's security division offers a wide range of protective security services that can be designed to meet the specific needs of the client. Fully licensed and insured, our uniformed guards are available 24 hours a day to meet all of your security needs.
ABOUT HOMELAND SECURITY GROUP INTERNATIONAL
Homeland Security Group International (Pink Sheets:HMSG), is a technology-based corporation based in north county San Diego. HST's mission is the development and commercialization of technology focused on providing increased security for both civilian and military personnel throughout the world. Under the leadership of Colonel Jeffrey A. Powers, USMC (Retired), HMSG has assembled a portfolio of technology and services through alliances with established defense-related companies and through internal development that is being brought to market in a cost-efficient and timely manner. The Company also has an alliance with Recon Mountaineer, LLC, (an Oceanside, Calif.-based designer and manufacturer of military combat gear for the United States Armed Forces). The company has partnered with leading security firms to design and market surveillance systems for homeland defense security applications.
This press release contains forward-looking statements pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements include risks and uncertainties that may cause the company's plans to change and are in no way intended to guarantee that the company will be successful in executing its plans. HMSG's common stock currently trades on the over-the-counter "Pink Sheets" under the symbol "HMSG." This press release in no way constitutes any recommendation regarding the securities of HMSG or its affiliates. Any person reading this press release is advised that this release should be considered in light of all facts and circumstances regarding the business and financial condition and prospects of HMSG, and no inference is made in this release contains all such information.
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