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HISC--Announces Share Retirement
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[QUOTE]Originally posted by IMAKEMONEY: [QB] Homeland Integrated Security Systems, Inc.'s January Sales of theCyber Tracker Is Second Highest Month on Record Mar 29, 2007 08:30:58 (ET) ASHEVILLE, NC, Mar 29, 2007 (MARKET WIRE via COMTEX) -- Homeland Integrated Security Systems, Inc. (PINKSHEETS: HISC) announced today that January sales of its patent pending Cyber Tracker were the second highest on record. January sales topped all other months with the exception of October 2006. In addition, the company reported that February sales were the third highest on record next to June and October 2006. According to the company, the January and February combined sales rate, if sustained, would increase 2007 sales by more than 49% over 2006. "Our sales momentum is beginning to take hold. The size of our orders is beginning to increase as well as the consistency of our sales levels," stated Mike Roy, Executive VP of Sales for Homeland Integrated Security Systems. "As we increase the number of sales channels for the Cyber Tracker, we expect the sales rate to increase even more." "Sales in the Middle East are continuing to climb. Bravo Communications of Saudi Arabia has submitted another release against its purchase order for 1000 of the patent pending Cyber Trackers," stated Brian Riley, Chairman of the Board and COO of Homeland. "Sales outside the United States are beginning to be a major source of revenue potential." "It has taken a lot of time and effort to establish our sales resources," stated Fred Wicks, CEO and President of Homeland. "Increasing the number of 'feet-in-the street' to sell our product is starting to pay off. We also have sales resources poised and ready to sell the GSM version when it is completed. I am very encouraged about our prospects for this year." About Homeland Integrated Security Systems: Homeland Integrated Security Systems owns proprietary technology in conjunction with its patent pending Cyber Tracker. Cyber Tracker technology has applications for data and tracking functions across a variety of industries, utilizing IDEN, and GSM (coming 3Q 2007) technologies. In addition, CDMA and Satellite technologies are under development with release expected some time in 2007. For more information please visit our website [URL=http://www.hissusa.com]www.hissusa.com[/URL] . Safe Harbor: This letter contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the ability of the Company to successfully implement its turnaround strategy, changes in costs of raw materials, labor, and employee benefits, as well as general market conditions, competition and pricing. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this letter will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as representation by the Company or any other person that the objectives and plans of the Company will be achieved. In assessing forward-looking statements included herein, readers are urged to carefully read those statements. When used in the Annual Report on Form 10-K, the words "estimate," "anticipate," "expect," "believe," and similar expressions are intended to be forward-looking statements. Contact: Homeland Integrated Security Systems Investor Relations 828-681-5152 ext. 114 http://www.hissusa.com SOURCE: Homeland Integrated Security Systems, Inc. http://www.hissusa.com [/QB][/QUOTE]
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