Homeland Integrated Security Systems Launches Leasing Program to Capitalize on Growing Security and Data Tracking Market
Thursday June 19, 8:31 am ET
ARDEN, NC--(MARKET WIRE)--Jun 19, 2008 -- June 19, 2008 -- Homeland Integrated Security Systems, Inc. (Other OTC:HISU.PK - News) is pleased to announce that it is now offering leases for its CT product line and custom data tracking software. Lease rates depend on the number of units and length of contract. The program is expected to create new revenue streams and sales of the CT products and data tracking software.
The Company is already using the program as an incentive for customers to begin using its GPS solutions. By leasing any of the CT products, companies can begin to utilize the many benefits of GPS with little or no upfront costs. According to the company, lease rates for the equipment can be as little as 7 dollars per month per unit.
Homeland will offer three different models of its Cyber Tracker system for lease: the CT-1000, the CT-410 and the CT-150. The top-of-the-line CT-1000 offers a blend between GPS tracking and remote monitoring and control functions. The CT-410 provides features for users who require GPS tracking and limited monitoring and control capabilities, and the CT-150 is a low-cost solution for standard GPS tracking applications.
"We're very excited about this new leasing program. It will enable companies to acquire large quantities of our equipment while keeping costs low, and we expect that it will result in additional sales of our equipment long-term," stated Fred Wicks, CEO and President of Homeland Integrated Security Systems, Inc.
Homeland recently announced the launch of new tracking software. For every 1,000 units of data tracker software sold, the Company can generate approximately $215,000 each year in recurring revenue through customer service contracts and licensing royalties. |
