Homeland Safety International, Inc. (PINKSHEETS: HSFI) a provider of homeland security products and services, worldwide, announced today a long term consultancy agreement with Lingram Financial and Strategic Advisors (Lingram), a Kuwaiti-based firm, to provide advisory services in the areas of financing and business development. The Company stated that it has been working with Lingram for the past 3 months, on a short-term agreement, and the results have far exceeded their expectations.
The Company stated that Lingram has been responsible for identifying major investors for the company and have made introductions to numerous organizations in the Middle East that can help the company expand its operations in that region. Homeland's involvement with Lingram thus far has resulted in Homeland signing an agreement for up to $1,000,000 in Convertible Debentures, with options for up to $3,000,000 more in warrant agreements. In addition the company stated that introductions made by Lingram in the Middle East have resulted in several large business opportunities that are currently being pursued.
The company further stated that as a result of its relationship with Lingram, they will move more aggressively toward acquisitions of synergistic businesses in the Homeland Security arena which is key to their continued development.
"Lingram has already made an enormous difference in our business with their assistance and advice in the areas of funding and in business development. And, many of their contacts are on the highest levels in the Middle East," stated Paul Johnson, President of Homeland Safety International. "Lingram is made up of a group of specialists in finance and business development and their early successes are leading them to create new business units in various parts of the world including their newest division in the US."
About Homeland Safety International, Inc.
Homeland Safety is a broker for numerous products in the homeland security arena and the war on terror. Its products and services include anti-terror and counter terror security services, explosives, nuclear, biological and chemical detection products, and chemical cleanup products. The Company sells through a group of Representatives around the world that leverage their local contacts, knowledge, business protocol, and the related sales process to effectively cut the selling cycle, getting products to the market more quickly and efficiently.
Safe Harbor Act Disclaimer: Forward-looking statements in this release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell the securities.
CONTACT: Homeland Safety International, Inc. Lee White 972-868-9102
