CyberKey Corporation and Homeland Integrated Security Systems Sign Marketing Agreement Estimated to Be Worth More Than $6 Million in Sales in '06
Monday January 23, 8:30 am ET
ST. GEORGE, UT and ASHEVILLE, NC--(MARKET WIRE)--Jan 23, 2006 -- CyberKey Corporation (Other OTC:CYKC.PK - News) and Homeland Integrated Security Systems (Other OTC:HISC.PK - News) are pleased to announce the signing of a multi-million-dollar joint sales and marketing agreement. Both parties estimate that sales of the Cyber Tracker(TM) will be in excess of $6 Million through CyberKey Corporation.
Homeland Integrated Security Systems' mainstay product is the patent-pending Cyber Tracker(TM), which is a real-time, wireless, asset management and tracking device. Executives from CyberKey Corporation report that the Cyber Tracker will be well received by the various military and government websites through which they are currently marketing and selling products, including www.military.com.
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According to the terms of the agreement, CyberKey will be marketing and selling Homeland Integrated Security Systems' product lines on the same government and military websites that have generated over $200,000 in sales of the CyberKey(TM) products over the past two months. In return, Homeland Integrated Security Systems, Inc. will be carrying the CyberKey(TM) product line in their Cyber Cynergy retail locations, beginning first quarter 2006.
"Homeland Integrated Security Systems has a very innovative product line that will be well received by our government and military sales channels," stated Jim Plant, CEO of CyberKey Corporation.
"The CyberKey will give Cyber Cynergy access to cutting-edge technology in the retail arena that has already been well received by military and government personnel alike," stated Brian Riley, Chief Operating Officer of Homeland Integrated Security Systems.
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 seaport security products. Their target market is the 361 commercial seaports in the US which are vulnerable to criminal penetration. For more information please visit our website at www.hissusa.com
About CyberKey Corporation
CyberKey Corporation, based in St. George, Utah, partners with industry-leading manufacturers and distributors to deliver secure USB drive-based solutions to vertical markets and content owners, service providers and resellers. CyberKey solutions solve real world issues in the entertainment, education, government, military, automotive, financial services and medical industries. CyberKey technologies allow users to securely transfer large amounts of data, files and applications software from one electronic device to another while employing a patent-pending USB-based Digital Rights Management process. CyberKey's solutions create new opportunities for existing industries and applications.
For more information, please visit CyberKey's website at cyberkeycorp.com.
Statements contained in this news release, other than those identifying historical facts, constitute 'forward-looking statements' within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
Contact:
Contact:
Homeland Integrated Security Systems
Investor Relations
1-866 THE APPL(E)
CyberKey Corporation
Investor Relations
1-866 THE APPL(E)
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