It all takes time ~)
Homeland Security Corporation Awarded Industrial Safety System Contract
NEWPORT BEACH, CA, Sep 07, 2010
Homeland Security Corporation (PINKSHEETS: HSCC) announced it has engineered an industrial safety system to be installed on 100-ton cranes for a multinational corporation.
HSCC has taken the next step toward solidifying its future in the industrial safety market by the award of this contract worth $25,000 per unit from a fortune 100 manufacturing firm, for research, development and implementation of an overhead crane camera and video system for up to 1000 cranes. This expected revenue stream from up to 1000 of these systems will add to the bottom line of HSCC's debt free operations over the next few years. The initial shipment is five systems with numbers expected to increase.
It has been four years in the development and extensive testing of this highly durable 11G stressed safety system. The system consists of a series of lasers, relays, and other proprietary sensors that automatically control up to 4 pan-tilt-zoom mounted cameras to follow the "grab" (item picked up), as it is distributed by the crane to other areas in the manufacturing environment.
HSCC Vice-President Gary Williams, co-developer of the system, stated, "HSCC is continuing to advance the technology; we envision that the system will be used on a broad range of Industrial applications and we have begun talks with various crane manufacturers and distributors for use on their crane products."
About Homeland Security Corporation Homeland Security Corporation is a leading innovator and implementer of security driven technologies that can be deployed in any environment to meet a client's security needs. Our primary mission is to protect people, property, infrastructure and our clients' high value assets, by mitigating threats. We welcome all potential customers and investors to view our website at www.homelandsecuritycorporation.com.
Included in this release are certain "forward-looking" statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding Homeland's performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those anticipated.
Contact:
Homeland Security Corporation
David L. Shade
C.E.O.
949-250-1592 |
