Intersecurity Holdings Corporation (OTCPK: IXSV) has opened a Hungarian subsidiary- Intersecurity Holdings Personnel Property & Defense. "The official documentation has been registered at the necessary governmental offices" stated Mr. Simone, President of Intersecurity Holdings Corporation. Intersecurity Holdings Personnel Property & Defense is 95% owned by Intersecurity Holdings Corporation. "The purpose of setting up a subsidiary company in Hungary is to acquire local talent, participate in tenders, and simplify any purchases or partnerships we may enter into in the future" added Mr. Simone. Mr. Bango Bela has been named as director of the subsidiary company by the Board of Directors. Mr. Bela has many years experience in security affairs, in the past he has held positions in the police department and at the Ministry of Internal Affairs Border Control Division. For additional information please contact Equitable Research (USA) at +1 (954) 281-8266 or visit www.ixsv.com. Safe Harbor Statement: This press release may contain forward looking statements. The words 'estimate', 'possible' and 'seeking' and similar expressions identify forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.
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