Homeland Integrated Security Systems Completes Phase II of the Savannah Port Project
Company To Be Featured in Investor's Business Daily
5/10/2005 8:30:34 AM
ASHEVILLE, N.C., May 10, 2005 (PRIMEZONE via COMTEX) -- Homeland Integrated Security Systems, Inc. (Pink Sheets:HISC) announced today that it has completed Phase II of the Savannah Port Project and that it will be delivering the results to over 350 major ocean ports and more than 175 major commercial river ports as well as major airports and other secured facilities this summer.
Homeland Integrated Security Systems owns proprietary technology and has the rights to use patents to some of the most innovative and sophisticated security products. The project at the Savannah Port is being conducted in conjunction with Georgia Tech and the Maritime Logistics Innovation Center (MLIC). Phase III will consist of GIS mapping and software finalizations. It will incorporate tracking devices deployed both on the port and in the immediate area surrounding the port. Phase II has exceeded all expectations.
According to the New York Times, the U.S. spent more than $4.5 billion on screening devices to monitor the nation's ports, borders, airports, mail and air, the federal government is moving to replace or alter much of the antiterrorism equipment, concluding that it is ineffective, unreliable or too expensive to operate. The federal government will likely need to spend as much as $7 billion more on screening equipment in coming years, according to government estimates.
Homeland Integrated Security Inc. will be featured in today's Investor's Business Daily, and will be featured on www.investors.com for two weeks.
About Investor's Business Daily
Investor's Business Daily (IBD) was launched in 1984 and is now read by nearly a million investors. It is considered more of a research tool than a traditional newspaper. Known for its innovative stock tables, Investor's Business Daily provides critical information previously available only to institutional investors (pension and mutual funds, banks, insurance companies and government organizations).
SOURCE: Homeland Integrated Security Systems, Inc.
Homeland Integrated Security Systems
Matt Maguire
866 THE APPL(E)
www.hissusa.com
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