HSCC Homeland Security Corporation (PK)

WRIGHTWOOD, CA--(Marketwired - Feb 26, 2014) - Homeland Security Corporation (PINKSHEETS: HSCC) has announced the company, through its Security Division, was awarded an initial contract for $15,000 for a newly designed Overhead Crane Video system that will operate in a high heat environment. Upon completion of testing, there are an additional 11 cranes being considered for integration for a potential contract award of $165,000. This contract was awarded by one of the customers "Domestic" divisions and the system was designed to operate in harsh and potentially hazardous environments.

This contract was the result of HSC's management team, participating in a Global Industrial Process Monitoring conference, at the customer's facility in January of this year. The company was asked to provide current technology for use in "Standardizing" the process monitoring applications both in the U.S and for their International Divisions. The conference openly discussed the current status of process monitoring, procedures, technology, and equipment in industrial applications as a whole and how the use of video systems can increase production flows as well as security. It is anticipated that contracts will be awarded in the near future for the Worldwide Divisions and other vertical markets.

HSC's technology Director Gary Williams said, "Our company continues to design and implement forward thinking technologies in an effort to meet client needs and support. These technologies will help to establish industry standards as well as help to revise antiquated procedures and systems to meet our customer's requirements. These systems will be the key to the progression of safety technology within the crane industry and will save money, time, and lives with its use."

Included in this release are certain "forward-looking" statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, along with statements regarding Homeland's performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those anticipated.

Contact: Homeland Security Corporation Investor Relations: Darren Bankston 404-313-2198 Website: hsccsecurity.com

Homeland Security (PK) (USOTC:HSCC)
Historical Stock Chart
From Apr 2024 to May 2024

Homeland Security (PK) (USOTC:HSCC)
Historical Stock Chart
From May 2023 to May 2024