Homeland Integrated Security Systems, Inc. Discusses Listing of Products on GSA Schedule and Other Key Events During Nationwide Teleconference
Thursday August 21, 8:31 am ET
GSA and GSA Advantage Open the Door to Contracts in Excess of 15,000 Cyber Tracker Units
ARDEN, NC--(MARKET WIRE)--Aug 21, 2008 -- Homeland Integrated Security Systems, Inc. (Other OTC:HISU.PK - News) is pleased to announce that the Company is currently negotiating contracts for over 15,000 Cyber Tracker units in numerous counties throughout Florida, North Carolina, and South Carolina, including the South Carolina Departments of Education and Transportation as stated during a nationwide teleconference on August 20th. The Nationwide Teleconference featured Fred Wicks, Chief Executive Officer and President of Homeland Integrated Security Systems, Inc., Brian Riley, Chief Operations Officer and Chairman of the Board, and Ian Riley, Chief Technical Officer. As a result of being GSA listed, the Company can sell to federal, state and county governmental entities directly without going through the bidding process.
During the teleconference, Brian Riley discussed promoting the green benefits of the Cyber Tracker product line and how they can help to reduce fuel consumption, idle times and vehicle speeds as well as the efficient routing of vehicles. He also described a green project which the Company is negotiating. This would involve a 10 to 15 year contract supplying telecommunications, inventory control and remote location based services utilizing the Cyber Tracker technology.
Fred Wicks added that in addition to offering its products on the GSA Schedule and GSA Advantage, the Company is also seeking out more sales through MANAonline, the nation's largest online network of sales representatives. MANAonline has a searchable database of more than 22,000 members and offers a network of resources to help manufacturers find highly qualified representatives and vice-versa. The Company will also be advertising in MANA's monthly magazine and its online advertisement directory in the very near future.
He also mentioned that the Company has reduced their expenses by approximately 80% from $680,000 for the three months ending June 30, 2006 to $134,000 for the three months ending June 30, 2008. The majority of its revenues went into the development of new products such as the CT-150, CT-410, CT-100 and mapping software as well as the Company's partnership with Koretelematics, which allows it to sell wireless data services and receive monthly residuals.
Ian Riley described the details of the Newell Coach pilot program which will begin in October. During this program, a Newell Coach recreational vehicle will be fitted with a CT-410. Newell Coach will evaluate all of the unit's abilities, including the automatic collision detection system, emergency transmission system, monitoring and diagnosing engine performance and GPS tracking.
"We are very excited about all the projects and programs that we are pursuing. We intend to grow our revenue significantly as we increase our marketing and sales efforts. We also plan on aggressively seeking additional sales reps in the transportation, logistic and government sectors to help capture a larger portion of the market," stated Fred Wicks, CEO and President of Homeland Integrated Security Systems, Inc.
To listen to the teleconference in its entirety, please visit: www.hissusa.com
To view Homeland Security's listing on the GSA schedule, please follow this link: gsaelibrary.gsa.gov, then search for the exact phrase, "Homeland Integrated Security." |
