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Homeland Integrated Security Systems Projects Profits of $7 Million in 2005 -- As Reported by ****************.com
ASHEVILLE, N.C., April 7, 2005 (PRIMEZONE) -- Homeland Integrated Security Systems, Inc. (Other OTC:HISC.PK - News) is pleased to announce that they have been featured on ****************.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.''
****************.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 http://www.hissusa.com For Larry Oakley's complete article visit http://www.****************.com..
Contact: Big Apple Consulting USA, Inc. for Homeland Integrated Security Systems, Inc. Matt Maguire 407-884-0444/ 1-866-THE-APPLE .
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Homeland Integrated Security Retains Independent Auditors to Become Fully Reporting 4/11/2005 8:47:19 AM ASHEVILLE, N.C., Apr 11, 2005 (PRIMEZONE via COMTEX) -- Homeland Integrated Security Systems, Inc. (Pink Sheets:HISC) is pleased to announce that they have retained GreenTree Financial Group in their effort to become fully reporting and make applications to the Nasdaq Bulletin Board or AMEX.
GreenTree Financial has offices in North Carolina, south Florida, and China. GreenTree has established relationships with independent auditors and SEC attorneys.
"Their extensive experience is exactly what we need at this time as we attempt to take our company to the next level. Based upon our current financial status and our strategic partners, I will not rule out any possibilities," stated Frank A Moody, II, CEO of Homeland Integrated Security Systems, Inc.
Homeland Integrated Security Systems recently released its year-end un-audited financials for the period ending December 31, 2004. Home Land Integrated Security Systems reported a Net Profit of over $550,000 for the year end. Sales for the year ended December 31, 2004 were $2,061,856 with Gross Profit for year ended December 31, 2004 of $1,585,051 Expenses for the year were less than $1,000,000 and the company reported a Net Operating Profit of $585,666.
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
SOURCE: Homeland Integrated Security Systems, Inc. Big Apple Consulting USA, Inc. for Homeland Integrated Security Systems, Inc. Matt Maguire 866-THE-APPLE .
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I agree with redadair this is going to be big.. don't forget many other stocks over $5.00 just three- years ago started where this one is at. This will one of them load up and be ready to shoot by 2007.. and smile when we go to the bank.
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I guess this one is just adding shares and everyone is just waiting for the completion of PhaseII!! Does anyone know of any other company bidding to protect our 361 ports, what ever company gets this contract it will be big, I want to put some $ on any othe company bidding or testing for the security.
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Homeland Integrated Security Systems Awards Third Generation Cyber Tracker Production to Leading U.K. Manufacturing Company 4/13/2005 9:44:17 AM
ASHEVILLE, N.C., Apr 13, 2005 (PRIMEZONE via COMTEX) -- Homeland Integrated Security Systems, Inc. (Pink Sheets:HISC) is pleased to announce that they have signed an agreement with Arcom Control Systems, Inc. to exclusively produce the third generation Cyber Tracker. Arcom is a multi-billion dollar company, owned by the U.K. company Spectris (UK:SXS), which is one of the leading suppliers in embedded computer and communications processors.
The new Cyber Tracker unit will be the first non-telephony product to utilize the IO200 board by Motorola (MOT) iDEN. The modem enables the use of the Direct Connect features on the Nextel (NXTL) network. The new Cyber Tracker will have a "Viper Lite Processor," which will give the Cyber Tracker virtually "real time" tracking functionality.
"The cooperation with Arcom not only gives us a solid engineering and production partner, but they will enhance our efforts to break into the European market," stated Frank A. Moody II, Chairman and CEO of Homeland Integrated Security Systems, Inc.
Arlen Nipper, President of Arcom, was quoted concerning the design and production of the new Cyber Tracker product in conjunction with Homeland Integrated Security Systems, Inc., "The Cyber Tracker product utilizes the latest technology in communications, embedded computing, and GPS tracking to provide the public sector infrastructure with a complete 'Best in Class' tracking and monitoring system."
Homeland Integrated Security Systems recently announced that they have retained GreenTree Financial Group in their effort to become fully reporting and make applications to the Nasdaq Bulletin Board or AMEX.
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
About Arcom
Arcom, a Spectris company (UK:SXS), is a leading supplier of embedded computer and communications technology to industry. Founded in 1982, Arcom has developed a broad range of standard embedded hardware and software solutions for control, data acquisition and data delivery systems. From its design centers in Kansas City (USA) and Cambridge (U.K.), Arcom is also able to offer Design Services to meet the needs of high volume OEM and specialized customer requirements.
SOURCE: Homeland Integrated Security Systems, Inc. Big Apple Consulting USA, Inc. for Homeland Integrated Security Systems, Inc. Matt Maguire 407-884-0444 866-THE-APPL(E) .
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Homeland Integrated Security Systems Files Patent Application for the Cyber Tracker
ASHEVILLE, N.C., April 15, 2005 (PRIMEZONE) -- Homeland Integrated Security Systems, Inc. (Other OTC:HISC.PK - News) is pleased to announce that it has filed an application with the United States Patent and Trade Office for the Cyber Tracker. The company has received an application number and confirmation of receipt from the U.S. Patent and Trademark Office.
The Cyber Tracker is a battery powered GPS device that utilizes Motorola (NYSE:MOT - News) technology. A Cyber Tracker unit can be placed in vehicles, on assets, or carried by a person. It is the fastest tracking design with virtually ``real-time'' tracking capabilities. A customized software application transmitted wirelessly, tracks the desired object or person on a digital map from anywhere in the world. The patent filing and approval process generally takes about one year from date of filing. The company is in process of filing four additional patents.
``The filing of the patent application for the Cyber Tracker will allow us to introduce the product on a national and international level,'' stated Frank A. Moody, II, Chairman and CEO of Homeland Integrated Security Systems.
Homeland Integrated Security Systems, Inc. recently announced that it has awarded the third-generation production of the Cyber Tracker to Arcom, a leading U.K. manufacturer.
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 and terrorist penetration. For more information please visit our website at http://www.hissusa.com.
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Homeland Integrated Security Systems Appoints Fred Wicks as Chief Operating Officer 4/19/2005 8:30:37 AM
ASHEVILLE, N.C., Apr 19, 2005 (PRIMEZONE via COMTEX) -- Homeland Integrated Security Systems, Inc. (Pink Sheets:HISC) is pleased to announce that they have appointed Fred Wicks as Chief Operating Officer of the Company. Mr. Wick's responsibilities will include running the day-to-day commercial operations of Homeland Integrated Security Systems. Mr. Wicks has been serving as Executive Vice President of Domestic and International Business Development.
Mr. Wicks has previously worked for a $13 billion factory automation company called Invensys and for Rockwell International Corporation, Inc. The appointment of Mr. Wicks to Chief Operating Officer solidifies the management team for Homeland Integrated Security Systems, which includes Frank A. Moody II, as Chief Executive Officer, Ian Riley as Chief Technical Officer, and Brian Riley as Chief Information Officer. Brian Riley also oversees the operations of the retail division of the company, which includes three retail phone stores and a custom computer group in North Carolina.
"Fred Wick's experience and contacts in the international market will enable Homeland Integrated Security Systems to rapidly expand our sales presence both domestically and abroad," stated Frank A. Moody, Chairman and CEO of Homeland Integrated Security Systems, Inc.
Homeland Integrated Security Systems also announced that Jim Bullock is stepping down as Chairman of the company due to his retirement. Frank A. Moody II, will serve as interim Chairman of the Board 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 products designed to protect against security threats and terrorism. Their target market includes the 361 commercial seaports in the U.S., international seaports, military facilities and commercial buildings. For more information please visit our website at www.hissusa.com
SOURCE: Homeland Integrated Security Systems, Inc. Big Apple Consulting USA, Inc. Matt Maguire (407) 884-0444 or 1-866-THE-APPLE .
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Homeland Integrated Security Systems Board Approves 10 Million Share Buy Back 4/26/2005 8:30:32 AM
ASHEVILLE, N.C., Apr 26, 2005 (PRIMEZONE via COMTEX) -- Homeland Integrated Security Systems, Inc. (Pink Sheets:HISC) announced today that the Board of Directors has authorized a Buy Back of up to a 10 Million shares of common stock by its board members between now and the end of the month.
The board members have agreed to buy the stock directly from the market based upon the various events that have already unfolded and what they believe will be happening in the near future. The board elected to make this announcement because as of this date they are not fully reporting despite retaining GreenTree Financial Group to make applications to the Nasdaq Bulletin Board or AMEX.
"The board agreed unanimously that this is an undervalued situation. We are a profitable company in an exploding industry. We should not be trading at these levels," stated Frank A. Moody, II, CEO of Homeland Integrated Security Systems, Inc.
Homeland Integrated Security Systems recently released its year end un-audited financials for period ending December 31, 2004. Home Land Integrated Security Systems reported a Net Profit of over $550,000 for the year end. Sales for the year ended December 31, 2004 were $2,061,856 with Gross Profit for year ended December 31, 2004 of $1,585,051 Expenses for the year were less than $1,000,000 and the company reported a Net Operating Profit of $585,666.
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
SOURCE: Homeland Integrated Security Systems, Inc. Homeland Integrated Security Systems Matt Maguire 1-866 THE APPL(E) http://www.hissusa.com .
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It will very interesting today, this can drive the price either way. What benefits does the company get by buying back their own stock?
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10m on 950m OS (and 340m "free") is not great # anyways is still a profitable co.
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For the most part an announcement for a share buyback is considered good news for shareholders; however, there are many different reasons a company might want to repurchase shares, so don't automatically consider all buybacks to be positive.
If you ask management of a company they will likely tell you a buyback is logically the use of a company's resources. After all, the goal of a firm's management is to maximize return for shareholders, and a buyback may in fact increase shareholder value. The prototypical line in a buyback press release is "we don't see any better investment than in ourselves." When the market is bad, this reasoning can often be justified because stock prices are depressed and earnings multiples tend to be lower. If you think about it, management should know better than anyone when their company is undervalued. If a stock has been hit hard and falls below what it "should be worth," an investment in the stock could give a better return than any other opportunity facing the company. This is especially true if a company has copious amounts of cash on hand because cash typically earns less than 2-3% interest.
The second reason a company might do a buyback is to prop up its share price and other financial ratios. This approach is more questionable if reducing the number of shares is not for creating more value but just for making financial ratios look better. Plowing extra cash back into stock reduces outstanding shares and also reduces the assets on the balance sheet (because cash is an asset). Thus, return on assets (ROA) actually increases because assets are reduced, and return on equity (ROE) increases because there is less outstanding equity. To use another example, suppose a company earnings is identical before and after a share repurchase. Figures such as earnings per share (EPS) and the P/E ratio would look better even though earnings did not improve. Because analysts and investors carefully scrutinize many of these figures, an improvement in them could jump-start the stock. This strategy, however, isn't very effective in the long term unless the stock is truly the best possible investment
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Homeland Integrated Security Systems Board Retires 450 Million Shares 4/27/2005 8:30:32 AM
ASHEVILLE, N.C., Apr 27, 2005 (PRIMEZONE via COMTEX) -- Homeland Integrated Security Systems, Inc. (Pink Sheets:HISC) is pleased to announce that the Board has approved the retirement of 450 Million shares which will dramatically reduce the outstanding share total by more than 45%.
The board believes the decision to retire the shares will result in a positive restructuring of the company's stock without a reverse split. Currently there are approximately 950,000,000 shares outstanding, after the retirement there will only be 500,000,000. Management believes that the retirement coupled with positive earnings should result in much higher stock prices.
"We have no intention of doing a reverse split. The board believes the retirement of shares will suffice and should result in a better reflection of our earnings per share once we are approved for the Nasdaq Bulletin Board or AMEX," stated Frank A Moody, II, CEO of Homeland Integrated Security Systems, Inc.
Homeland Integrated Security Systems recently released its year-end un-audited financials for period ending December 31, 2004. Homeland Integrated Security Systems reported a Net Profit of over $550,000 for the year end. Sales for the year ended December 31, 2004 were $2,061,856 with Gross Profit for year ended December 31, 2004 of $1,585,051, Expenses for the year were less than $1,000,000 and the company reported a Net Operating Profit of $585,666.
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 US which are vulnerable to criminal penetration. For more information go to www.hissusa.com
For more information please visit our website www.hissusa.com or contact Matt Maguire 1-866 THE APPL(E)
SOURCE: Homeland Integrated Security Systems, Inc. Homeland Integrated Security Systems Matt Maguire 1-866 THE APPL(E) .
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Homeland Integrated Security Systems Board Approves Application to the OTC Bulletin Board 4/28/2005 8:30:35 AM
ASHEVILLE, N.C., Apr 28, 2005 (PRIMEZONE via COMTEX) -- Homeland Integrated Security Systems, Inc. (Pink Sheets:HISC) is pleased to announce that the Board has approved the application to the OTC Bulletin Board(R) (OTCBB).
"Our SEC Attorney and Auditors have completed the SB-2 and will be making the application within the next few weeks. We expect this will enhance shareholder value as we become fully reporting and begin to file full disclosure documents with the Securities and Exchange Commission," stated Frank A Moody, II, CEO of Homeland Integrated Security Systems, Inc.
Homeland Integrated Security Systems recently released its year-end, unaudited financials for the period ended December 31, 2004. Homeland Integrated Security Systems reported a net profit of over $550,000 for the year-end. Sales for the year ended December 31, 2004 were $2,061,856 with gross profit for the year ended December 31, 2004 of $1,585,051. Expenses for the year were less than $1,000,000 and the company reported a net operating profit of $585,666.
About the OTC Bulletin Board:
-- provides access to more than 3,300 securities; -- includes more than 230 participating Market Makers; -- electronically transmits real-time quote, price, and volume information in domestic securities, foreign securities and ADRs; and displays indications of interest and prior-day trading activity in DPPs.
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.
SOURCE: Homeland Integrated Security Systems, Inc.
Homeland Integrated Security Systems, Inc. Matt Maguire 1-866 THE APPL(E) www.hissusa.com .
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Wait until phase 2 is complete down in Savannah, Georgia and if they get the contract from the Homeland Security !! Wow, this would be great, then again I woke up from my great dream, where I was driving my dream car.
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
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Homeland Integrated Security Systems --HISC-- Successfully Completes Its First Phase of Testing at Savannah's Garden City Terminal Wednesday March 23, 8:30 am ET Phase II Testing Starts Today
ASHEVILLE, N.C.--(BUSINESS WIRE)--March 23, 2005--Homeland Integrated Security Systems, Inc. (Pink Sheets: HISC - News) announced today that Phase I of the Savannah port project has reached completion. According to Ian Riley, CTO of Homeland Integrated Security Systems, Inc., "Every aspect of our Phase I testing has exceeded our expectations, as well as the parameters of the study."
"The initial test has determined that we have overcome all technology related barriers. We are dedicated to securing this Nations ports," stated Frank A. Moody, II, CEO of Homeland Integrated Security Systems, Inc.
Phase II testing will begin today, incorporating a significant number of our tracking devices deployed, both on the port and in the immediate area surrounding the port. Phase II will last approximately 4 weeks, and will allow HISS to perform long-term data analysis for the port. James Bullock, Chairman, reports that, "the completion of the entire study will produce a comprehensive white paper outlining the benefits of the Cyber Tracker to the ports."
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 US which are vulnerable to criminal penetration. For more information go to www.hissusa.com
For more information please visit our website 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 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
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Homeland Integrated Security Systems Completes Phase II Testing at Savannah's Garden City Terminal - 5/3/2005 8:35:27 AM
ASHEVILLE, N.C., May 3, 2005 (PRIMEZONE via COMTEX) -- Homeland Integrated Security Systems, Inc. (Pink Sheets:HISC) announced today that it has completed Phase II of the Savannah Port Project.
According to Ian Riley, CTO of Homeland Integrated Security Systems, Inc. (HISS), "Phase II was designed to test system capacity and long term data collection, as well as hardware and software performance. Phase II has exceeded all our expectations."
The project at the Savannah Port is being conducted in conjunction with Georgia Tech and the Maritime Logistics Innovation Center (MLIC). The project consists of three phases. Phase I, which has been completed, was designed to confirm service performance and satellite strength. Phase III, will consist of GIS mapping and software finalizations. It will incorporate tracking devices deployed both on the port and in the immediate area surrounding the port.
Following Phase III, HISS will participate with Georgia Tech and MLIC in documenting the results in a "White Paper." The project "White Paper" will be distributed to over 350 major ocean ports, and over 175 major commercial river ports, as well as major airports and other secured facilities.
According to Fred Wicks, COO of HISS, "Our experience on the Garden City Port has demonstrated that our hardware and software systems will meet or exceed all expectations. The strength of the tests has proven that we have a mature concept that can be applied in a variety of markets. We expect to rapidly expand our marketing efforts and dramatically increase sales."
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.
SOURCE: Homeland Integrated Security Systems, Inc. Homeland Integrated Security Systems Matt Maguire 866 THE APPL(E) www.hissusa.com
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Imagine if their product was purchased by all the ports? How much can a 5 year contract be worth, it would put this company on the map and possibly a target for purchased/merger from one of the big Government Contractors, who knows, I'm in for the next two years, this can go high as GTEL or higher.
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unregistered
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Homeland Integrated Security Systems Signs Agreement with ActSoft to Provide Wireless GPS Applications Thursday May 5, 8:50 am ET
ASHEVILLE, N.C., May 5, 2005 (PRIMEZONE) -- Homeland Integrated Security Systems, Inc. (Other OTC:HISC.PK - News) announced today that it has entered into an agreement with ActSoft, a Tampa-based GPS software company. The agreement calls for ActSoft to provide both web-based and client-based GPS software applications for Homeland Integrated Security Systems, Inc.'s (HISS) patent pending Cyber Tracker, which will be available for use on wireless networks in more than 170 countries worldwide. ADVERTISEMENT
HISS will be providing the first 'Push-To-Talk,' tamper-proof Personal Tracking Device (PTD) available on a mass-distribution basis at an affordable cost. HISS management expects sales to exceed $125 million over the next three years.
Tom Mitchell, CEO of ActSoft stated, ``This agreement will allow us to enter the direct retail sales market on a global basis. This is an exciting opportunity for both companies.''
Utilizing ActSoft's Comet Tracker web-based software will allow HISS's Cyber Tracker to be available through retail outlets, with plans for deployment in North America by the fourth quarter of 2005.
Homeland Integrated Security utilizes the Motorola's newest board, the (MOT) IO-200, in their Cyber Tracker. In addition to ActSoft's web-based Comet Tracker software, the multi-platform board will allow HISS to begin International retail sales in 2006.
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 http://www.hissusa.com.
About ActSoft
ActSoft, Inc., of Tampa, Fla. is a developer of transportation management and wireless GPS tracking software. Their products include Comet Tracker, a mobile management solution that tracks time, tasks, jobs and workers using GPS-enabled cell phones. ActSoft is also the developer of Comet; the leading Microsoft Windows(r)-based transportation management software. ActSoft provides enterprise solutions to hundreds of companies throughout the United States, Canada, Australia, South Africa and the United Kingdom. For more information about Comet Tracker, contact ActSoft at 888-732-6638 or visit http://www.comettracker.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.
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Want to keep your car, purse, laptop or protect your child !!!! The future is near........
Homeland Integrated Security Systems Files Patent Application for the Cyber Tracker
The Cyber Tracker is a battery powered GPS device that utilizes Motorola (NYSE:MOT) technology. A Cyber Tracker unit can be placed in vehicles, on assets, or carried by a person. It is the fastest tracking design with virtually "real-time" tracking capabilities. A customized software application transmitted wirelessly, tracks the desired object or person on a digital map from anywhere in the world. The patent filing and approval process generally takes about one year from date of filing. The company is in process of filing four additional patents
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O/T & FYI: We all know HISC is super cool..... ..But, ..if you want an Instant "..Re-Run.." you better load up PLNI at the Open on Monday..........
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News: May 8, 2005 - Source: New York Times - Nytimes.com
U.S. to Spend Billions More to Alter Security Systems By ERIC LIPTON
WASHINGTON, May 7 - After spending more than $4.5 billion on screening devices to monitor the nation's ports, borders, airports, mail and air, the federal government is moving to replace or alter much of the antiterrorism equipment, concluding that it is ineffective, unreliable or too expensive to operate.
Many of the monitoring tools - intended to detect guns, explosives, and nuclear and biological weapons - were bought during the blitz in security spending after the attacks of Sept. 11, 2001. In its effort to create a virtual shield around America, the Department of Homeland Security now plans to spend billions of dollars more. Although some changes are being made because of technology that has emerged in the last couple of years, many of them are planned because devices currently in use have done little to improve the nation's security, according to a review of agency documents and interviews with federal officials and outside experts. "Everyone was standing in line with their silver bullets to make us more secure after Sept. 11," said Randall J. Larsen, a retired Air Force colonel and former government adviser on scientific issues. "We bought a lot of stuff off the shelf that wasn't effective." Among the problems: Radiation monitors at ports and borders that cannot differentiate between radiation emitted by a nuclear bomb and naturally occurring radiation from everyday material like cat litter or ceramic tile. Air-monitoring equipment in major cities that is only marginally effective because not enough detectors were deployed and were sometimes not properly calibrated or installed. They also do not produce results for up to 36 hours - long after a biological attack would potentially infect thousands of people. Passenger-screening equipment at airports that auditors have found is no more likely than before federal screeners took over to detect whether someone is trying to carry a weapon or a bomb aboard a plane. Postal Service machines that test only a small percentage of mail and look for anthrax but no other biological agents. Federal officials say they bought the best available equipment. They acknowledge that it might not have been cutting-edge technology but said that to speed installation they bought only devices that were readily available instead of trying to buy promising technology that was not yet in production. The department says it has created a layered defense that would not be compromised by the failure of a single device. Even if the monitoring is less than ideal, officials say, it is still a deterrent. "The nation is more secure in the deployment and use of these technologies versus having no technologies in place at all," said Brian Roehrkasse, a spokesman for the Department of Homeland Security. Every piece of equipment provides some level of additional security, said Christopher Y. Milowic, a customs official whose office oversees screening at ports and borders. "It is not the ultimate capacity," he said. "But it reduces risk." Some critics say that even though federal agencies were pressed to move quickly by Congress and the administration, they made some poor choices. In some cases, agencies did not seek competitive bids or consider cheaper, better alternatives. And not all the devices were tested to see how well they worked in the environments where they would be used. "After 9/11, we had to show how committed we were by spending hugely greater amounts of money than ever before, as rapidly as possible," said Representative Christopher Cox, a California Republican who is the chairman of the Homeland Security Committee. "That brought us what we might expect, which is some expensive mistakes. This has been the difficult learning curve of the new discipline known as homeland security." Radiation at Seaports One after another, trucks stuffed with cargo like olives from Spain, birdseed from Ethiopia, olive oil from France and carpets from India line up at the Port Newark Container Terminal, approaching what looks like an E-ZPass toll gate. In minutes, they will fan out across the nation. But first, they pass through the gate, called a radiation portal monitor, which sounds an alarm if it detects a nuclear weapon or radioactive material that could be used to make a "dirty bomb," a crude nuclear device that causes damage by widely spreading low levels of radiation. Heralded as "highly sophisticated" when they were introduced, the devices have proven to be hardly that. The portal-monitor technology has been used for decades by the scrap metal industry. Customs officials at Newark have nicknamed the devices "dumb sensors," because they cannot discern the source of the radiation. That means benign items that naturally emit radioactivity - including cat litter, ceramic tile, granite, porcelain toilets, even bananas - can set off the monitors. Alarms occurred so frequently when the monitors were first installed that customs officials turned down their sensitivity. But that increased the risk that a real threat, like the highly enriched uranium used in nuclear bombs, could go undetected because it emits only a small amount of radiation or perhaps none if it is intentionally shielded. "It was certainly a compromise in terms of absolute capacity to detect threats," said Mr. Milowic, the customs official. The port's follow-up system, handheld devices that are supposed to determine what set off an alarm, is also seriously flawed. Tests conducted in 2003 by Los Alamos National Laboratory found that the handheld machines, designed to be used in labs, produced a false positive or a false negative more than half the time. The machines were the least reliable in identifying the most dangerous materials, the tests showed. The weaknesses of the devices were apparent in Newark one recent morning. A truck, whose records said it was carrying brakes from Germany, triggered the portal alarm, but the backup device could not identify the radiation source. Without being inspected, the truck was sent on its way to Ohio. "We agree it is not perfect," said Rich O'Brien, a customs supervisor in Newark. But he said his agency needed to move urgently to improve security after the 2001 attacks. "The politics stare you in the face, and you got to put something out there." At airports, similar shortcomings in technology have caused problems. The Transportation Security Administration bought 1,344 machines costing more than $1 million each to search for explosives in checked bags by examining the density of objects inside. But innocuous items as varied as Yorkshire pudding and shampoo bottles, which happen to have a density similar to certain explosives, can set off the machines, causing false alarms for 15 percent to 30 percent of all luggage, an agency official said. The frequent alarms require airports across the country to have extra screeners to examine these bags. Quick Action After 9/11 Because the machines were installed under tight timetables imposed by Congress, they were squeezed into airport lobbies instead of integrated into baggage conveyor systems. That slowed the screening process - the machines could handle far fewer bags per hour - and pushed up labor costs by hundreds of millions of dollars a year. At busy times, bags are sometimes loaded onto planes without being properly examined, according to several current and former screeners. "It is very discouraging," said a screener who worked at Portland International Airport until last year, but who asked not to be named because he still is a federal employee. "People are just taking your bags and putting them on the airplane." Equipment to screen passengers and carry-on baggage - including nearly 5,000 new metal detectors, X-ray machines and devices that can detect traces of explosives - can be unreliable. A handgun might slip through because screeners rely on two-dimensional X-ray machines, rather than newer, three-dimensional models, for example. The National Academy of Sciences recently described the trace detection devices as having "limited effectiveness and significant vulnerabilities." As a result, the likelihood of detecting a hidden weapon or bomb has not significantly changed since the government took over airport screening operations in 2002, according to the inspector general at the Department of Homeland Security. Transportation security officials acknowledge that they cannot improve performance without new technology, but they dispute suggestions that no progress has been made. "We have created a much more formidable deterrent," said Mark O. Hatfield Jr., a spokesman for the Transportation Security Administration. "Do we have an absolute barrier? No." Counting machinery and personnel, aviation screening has cost more than $15 billion since 2001, a price that Representative John L. Mica, Republican of Florida, says has hardly been worthwhile. "Congress is the one that mandated this," Mr. Mica said. "But we should have done more research and development on the technology and put this in gradually." Concerns Despite Reliability Some screening equipment has performed reliably. Machines that test mail at the United States Postal Service's major processing centers have not had a single false alarm after more than a year, officials said. But the monitors detect only anthrax, which sickened postal workers in 2001. And only about 20 percent of mail is tested - mostly letters dropped into blue post boxes, because they are considered the most likely route for a biological attack. In about 30 major cities, equipment used to test air is also very precise: there have been more than 1.5 million tests without a single false positive. But only about 10 monitors were placed in most cities, and they were often miles apart, according to the inspector general of the Environmental Protection Agency. Detecting a biological attack, particularly one aimed at a specific building or area, would require perhaps thousands of monitors in a big city. In addition, as contractors hurried to install the devices before the start of the war with Iraq - the Bush administration feared that Saddam Hussein might use biological weapons on American cities - they were often placed too low or too high to collect satisfactory samples, the inspector general noted. The monitors use filters that must be collected manually every day before they can be analyzed hours later at a lab. "It was an expedient attempt to solve a problem," said Philip J. Wyatt, a physicist and expert on biological weapons monitoring equipment. "What they got is ineffective, wasteful and expensive to maintain." Homeland security officials say that they have already moved to address some of the initial problems, and that they are convinced that the monitoring is valuable because it could allow them to recognize an attack about a day sooner than if they learned about it through victims' falling ill. At the Nevada Test Site, an outdoor laboratory that is larger than Rhode Island, the next generation of monitoring devices is being tested. In preparing to spend billions of dollars more on equipment, the Department of Homeland Security is moving carefully. In Nevada, contractors are being paid to build prototypes of radiation detection devices that are more sensitive and selective. Only those getting passing grades will move on to a second competition in the New York port. Similar competitions are under way elsewhere to evaluate new air-monitoring equipment and airport screening devices. That approach contrasts with how the federal government typically went about trying to shore up the nation's defenses after the 2001 attacks. Government agencies often turned to their most familiar contractors, including Northrop Grumman, Boeing and SAIC, a technology giant based in San Diego. The agencies bought devices from those companies, at times without competitive bidding or comprehensive testing. Documents prepared by customs officials in an effort to purchase container inspection equipment show that they were so intent on buying an SAIC product, even though a competitor had introduced a virtually identical version that was less expensive, that they placed the manufacturer's brand name in the requests. The agency has bought more than 100 of the machines at $1 million each. But the machines often cannot identify the contents of ship containers, because many everyday items, including frozen foods, are too dense for the gamma ray technology to penetrate. 'Continually Upgrading' The federal government will likely need to spend as much as $7 billion more on screening equipment in coming years, according to government estimates. "One department charged with coordinating efforts and setting standards will result in far better and more efficient technologies to secure the homeland," said Mr. Roehrkasse, the Department of Homeland Security spokesman. Some experts believe that this high-priced push for improvements is necessary, saying the war against terrorism may require the same sort of spending on new weapons and defenses as the cold war did. "You are in a game where you are continually upgrading and you will be forever," said Thomas S. Hartwick, a physicist who evaluates aviation-screening equipment. But given the inevitable imperfection of technology and the vast expanse the government is trying to secure, some warn of putting too much confidence in machines. "Technology does not substitute for strategy," said James Jay Carafano, senior fellow for homeland security at the Heritage Foundation, a conservative think tank. "It's always easier for terrorists to change tactics than it is for us to throw up defenses to counter them. The best strategy to deal with terrorists is to find them and get them." Matthew L. Wald contributed reporting for this article.
posted
The CEO is very smart used the news from the 8th of May to promote his company. Smart Retired Colonel.
See Below... oh, and HISC will be featured in :
Tuesday May 10, 8:30 am ET Company To Be Featured in Investor's Business Daily
ASHEVILLE, N.C., May 10, 2005 (PRIMEZONE) -- Homeland Integrated Security Systems, Inc. (Other OTC:HISC.PK - News) announced today that it has completed Phase II of the Savannah Port Project and that it will be delivering the results to over 350 major ocean ports and more than 175 major commercial river ports as well as major airports and other secured facilities this summer. ADVERTISEMENT
Homeland Integrated Security Systems owns proprietary technology and has the rights to use patents to some of the most innovative and sophisticated security products. The project at the Savannah Port is being conducted in conjunction with Georgia Tech and the Maritime Logistics Innovation Center (MLIC). Phase III will consist of GIS mapping and software finalizations. It will incorporate tracking devices deployed both on the port and in the immediate area surrounding the port. Phase II has exceeded all expectations.
According to the New York Times, the U.S. spent more than $4.5 billion on screening devices to monitor the nation's ports, borders, airports, mail and air, the federal government is moving to replace or alter much of the antiterrorism equipment, concluding that it is ineffective, unreliable or too expensive to operate. The federal government will likely need to spend as much as $7 billion more on screening equipment in coming years, according to government estimates.
Homeland Integrated Security Inc. will be featured in today's Investor's Business Daily, and will be featured on http://www.investors.com for two weeks.
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
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posted
Homeland Integrated Security Systems Completes Phase II of the Savannah Port Project Company To Be Featured in Investor's Business Daily 5/10/2005 8:30:34 AM
ASHEVILLE, N.C., May 10, 2005 (PRIMEZONE via COMTEX) -- Homeland Integrated Security Systems, Inc. (Pink Sheets:HISC) announced today that it has completed Phase II of the Savannah Port Project and that it will be delivering the results to over 350 major ocean ports and more than 175 major commercial river ports as well as major airports and other secured facilities this summer.
Homeland Integrated Security Systems owns proprietary technology and has the rights to use patents to some of the most innovative and sophisticated security products. The project at the Savannah Port is being conducted in conjunction with Georgia Tech and the Maritime Logistics Innovation Center (MLIC). Phase III will consist of GIS mapping and software finalizations. It will incorporate tracking devices deployed both on the port and in the immediate area surrounding the port. Phase II has exceeded all expectations.
According to the New York Times, the U.S. spent more than $4.5 billion on screening devices to monitor the nation's ports, borders, airports, mail and air, the federal government is moving to replace or alter much of the antiterrorism equipment, concluding that it is ineffective, unreliable or too expensive to operate. The federal government will likely need to spend as much as $7 billion more on screening equipment in coming years, according to government estimates.
Homeland Integrated Security Inc. will be featured in today's Investor's Business Daily, and will be featured on www.investors.com for two weeks.
About Investor's Business Daily
Investor's Business Daily (IBD) was launched in 1984 and is now read by nearly a million investors. It is considered more of a research tool than a traditional newspaper. Known for its innovative stock tables, Investor's Business Daily provides critical information previously available only to institutional investors (pension and mutual funds, banks, insurance companies and government organizations).
SOURCE: Homeland Integrated Security Systems, Inc. Homeland Integrated Security Systems Matt Maguire 866 THE APPL(E) www.hissusa.com .
Posts: 320 | Registered: Feb 2005
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posted
It wasn't in there.....I checked as well. Could not find anything about HISC. Could they have meant tomorrows edition maybe? I also checked the IBD's ebsite and couldn't find anything pertaining to HISC either...
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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