Homeland Integrated Security Systems' Cyber Cynergy Stores Post Profitable 1st Quarter - 6/15/2005 9:16:02 AM
ASHEVILLE, N.C., Jun 15, 2005 (BUSINESS WIRE) -- Homeland Integrated Security Systems, Inc. (Pink Sheets:HISC) is pleased to announce that its current Cyber Cynergy locations posted a profitable 1st Quarter with over $156,000 in sales and a Gross Profit of $120,573. The stores posted a Net Profit of $14,253.
Homeland Integrated Security Systems recently entered into negotiations to purchase up to six new retail locations. These stores will be retail outlets for Cyber Cynergy's technology products including computers, mobile phones, and the soon to be released Cyber Tracker.
Homeland Integrated Security Systems anticipates an annual revenue increase of two million dollars per year with the opportunity to increase that amount with the addition of new technology sales at the existing locations. The new stores are located in Atlanta Metro., Savannah, and the Metropolitan Jacksonville, FL areas.
Homeland Integrated Security Systems recently announced that it entered into an agreement with ActSoft, a Tampa based GPS Software Company, to provide both web-based and client-based GPS software applications for HISC's patent pending Cyber Tracker. Homeland Integrated Security Systems management expects sales to exceed $125 million over the next three years. Homeland Integrated Security Systems will be providing the first "Push-To-Talk" tamper-proof unit available on a mass-distribution basis at an affordable cost. The company is currently accepting pre-orders for the New Cyber Tracker. Please visit www.hissusa.com for more details.
About Homeland Integrated Security Systems:
Homeland Integrated Security Systems owns proprietary technology and has the rights to use patents to some of the most innovative and sophisticated security products. One of the key target markets is the 361 commercial seaports in the US which are vulnerable to criminal penetration. For more information go to www.hissusa.com
For more information please visit our website www.hissusa.com or contact Matt Maguire 1-866 THE APPL(E)
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. Homeland Integrated Security Systems, Inc. is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
SOURCE: Homeland Integrated Security Systems
Homeland Integrated Security Systems
Matt Maguire, 1-866 THE APPL(E)
www.hissusa.com
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