HISU Stock: Homeland Integrated Security Systems Signs LOI to Produce Tracking Solution for School Buses Across the U.S.
Homeland Integrated Security Systems, Inc.
(PINKSHEETS: HISU stock) announced today that the Company has signed a Letter of
Intent (LOI) to form a strategic partnership with Sky Shield USA, a
developmental company that is focusing on GPS tracking solutions for school
buses. Homeland Integrated Security Systems and Sky Shield will produce a
state-of-the-art tracking device to protect the nation's schoolchildren.
"The School Bus/RFiD Solution" product will track the time and location
that children enter and exit school buses, enabling parents, teachers and
administrators to track their safety.
Homeland Integrated Security Systems will produce the device and the back
end software, utilizing its Cyber Tracker technology. Each student's
identification information would be entered into a database and logged by
an RFiD reader, integrated onto the bus, when they enter and exit.
Approximately 475,000 school buses provide daily transportation to 25
million elementary and secondary school children nationwide. It is
estimated that nearly 5,000 students annually in the U.S. and Canada are
left on school buses, with many cases involving special needs students.
"This agreement has the potential to change the way the nation increases
the safety of our children, and we are elated to combine efforts with
Homeland's technologies," stated Scott A. Timm, Co-owner of Sky Shield USA.
"This is an exciting opportunity for sales in a very important application.
It's a win-win for everyone involved. Sky Shield USA plans on approaching
the country's largest school bus operators and we plan to begin beta
testing in the near future," stated Fred Wicks, CEO and President of
Homeland Integrated Security Systems.
For more information about Sky Shield USA, please visit the following link:
www.skyshieldusa.com/.
About Homeland Integrated Security Systems:
Homeland Integrated Security Systems owns proprietary technology in
conjunction with its Cyber Tracker product line. Cyber Tracker technology
has applications for data and tracking functions across a variety of
industries, utilizing CDMA, IDEN, and GSM technologies. In addition, the
use of satellite technology in conjunction with the Cyber Tracker is under
development. For more information, please visit the Company's Web site:
www.hissusa.com.
Statements contained in this news release, other than those identifying
historical facts, constitute "forward-looking statements" within the
meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe
Harbor provisions as contained in the Private Securities Litigation Reform
Act of 1995. Such forward-looking statements relating to the Company's
future expectations, including but not limited to revenues and earnings,
technology efficacy, strategies and plans, are subject to safe harbors
protection. Actual Company results and performance may be materially
different from any future results, performance, strategies, plans, or
achievements that may be expressed or implied by any such forward-looking
statements. The Company disclaims any obligation to update or revise any
forward-looking statements.
Contact:
Homeland Integrated Security Systems, Inc. www.hissusa.com
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