Homeland Safety Intl Announces Tentative Agreement to Acquire Financing Group to Support Homeland Sales
March 19 2008 - 1:20PM
Marketwired
IRVING, TX , a provider of homeland security products and
services worldwide, announced today a tentative agreement to
acquire a financing entity to assist its customers with short-term
financing for their purchases. The Company stated that this
capability is very important in areas where budgets are not
immediately available or where there is an urgent need for the
products but funds cannot be freed quickly to pay for them.
The Company stated that it has identified two companies that
they are pursuing and that they have gained conceptual agreement
with both companies on a plan for providing this service.
In an unrelated issue, Homeland further stated that it is
continuing its due diligence process to identify other acquisition
targets where its international network of agents could add
immediate sales value to a firm currently selling only in the
U.S.
"These are major undertakings for us and big steps forward for
the company," stated Paul Johnson, President of Homeland Safety
International. "Both the financing issue and acquiring the right
company are our highest priority."
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: AllStar PR Angie Junell 903-386-9943
Homeland Safety (CE) (USOTC:HSFI)
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