Message #1133 From:
Stock News Bot Date: November 8, 2008 11:39:11 AM
HISU Stock: Homeland Integrated Security Systems Inc. Acquires 100 Percent of the Assets of Emerging Video Communications Company
BOCA RATON, Fla., Nov. 5 /PRNewswire-FirstCall/ -- Homeland Integrated
Security Systems, Inc. (Pink Sheets: HISU stock) is pleased to announce that the
Company has completed the acquisition of 100 percent of the assets of
DirectView Video Technologies, Inc. DirectView provides high-quality and HD
video conferencing solutions and services that enable its clients to conduct
remote meetings by linking participants in geographically dispersed locations
anywhere in the world. The Company will look to compete in several vertical
markets with its growing portfolio of products.
DirectView Video Technologies, Inc. is a full-service provider of video,
audio, multipoint video conferencing, document conferencing and data and IP
videoconferencing services to businesses in the United States and around the
world. Some of their customers, both past and present, include the Trump
Organization, Burger King, Marriott Hotels, amongst others.
'We're thrilled that we have completed the acquisition DirectView Video
Technologies' assets and we intend to place them in an operating profit center
to continue to provide state-of-the-art video services. This acquisition marks
the beginning of a new era for Homeland Integrated Security Systems as we
restructure our business model to include emerging technology companies and
begin to open up our product line to new global markets,' stated Roger
Ralston, CEO of Homeland Integrated Security Systems.
Homeland Integrated Security Systems is a technology based company, which
through its subsidiary 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.
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 or Call Investor Relations + 1-866-THE-APPL(E)
