HISC -- Homeland Integrated Security Systems Inc. Message Board

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Technology Stocks : HISC -- Homeland Integrated Security Systems Inc.

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From: xcentral1	10/23/2008 9:41:06 AM
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Homeland Integrated Security Systems, Inc. Seeks Acquisition to Expand into Video Telecommunications Industry PR Newswire Posted: 2008-10-21 10:21:00 ARDEN, N.C., Oct. 21 /PRNewswire-FirstCall/ -- Homeland Integrated Security Systems, Inc. (Other OTC: HISU) announced today that the Company is seeking acquisition candidates in the video telecommunications industry. The Company is currently in discussions with a candidate and has begun its initial due diligence. The Company's focus has been to identify a company with a strong customer base whose product line is synergetic with Homeland's. Homeland Integrated Security Systems is looking to enter the video telecommunications industry to broaden its product portfolio. Video teleconferencing provides the ability for organizations from opposite ends of the world to communicate visually with each other almost instantaneously through satellite communications or through the Internet. This technology is already used extensively throughout the military as decision makers communicate with field commanders and service members communicate with loved ones back home. Multibillion-dollar corporations can also use this technology to communicate across the continents or from state-to-state. "We are in a global business environment and this technology offers corporations a tremendous opportunity to reduce travel expenses significantly," stated Fred Wicks CEO and President of Homeland Integrated Security Systems. "There is a constant and growing need for video teleconferencing services as corporations expand across the country and the world. We've been presented with an opportunity to discuss a possible acquisition by Homeland Integrated Security Systems to enter this rapidly expanding market segment." The Company recently approved a plan to offer Shareholders the opportunity to exchange their common stock for shares of the new Series E Convertible Preferred stock. The deadline for accepting the exchange offer and delivery of physical certificates to the Company is the close of business on November 21, 2008. For further details on this exchange offer, visit the Company's Web site: www.hissusa.com.

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