Homeland Security Corporation Enters Into Final Bidding on Security System for Social Security Administration Facilities
Market Wire, February, 2007
Homeland Security Corporation (PINKSHEETS: HSCC) is pleased to announce it has completed the final bidding process for the Social Security Administration operations buildings in Los Angeles, California.
These systems will consist of replacing existing camera systems with new state-of-the-art technology and equipment to update the facilities. The system will provide security cameras at all entrances and exits as well as internal areas for the first facility in Los Angeles. It is projected that this facility will require approximately $50,000 in upgrades.
As part of Homeland Security Corporation's on-going marketing plan, this type of project is an example of how the company is penetrating the huge market for securing potential security threats to the Federal Government's vast infrastructure. As stated in past press releases, the company's goal is to take advantage of the expenditure of more than $53 Billion dollars over the next five years. In the coming months, Homeland Security Corporation will be announcing other projects currently being negotiated that pertain to the Anti-terrorism legislation.
About Homeland Security Corporation:
Homeland Security Source, now a wholly owned subsidiary of Homeland Security Corporation, was incorporated in 1997, as a Nevada corporation, for the purpose of distributing security and surveillance products through the Internet. Currently, the Company has access through various vendors, to over 10,000 security, surveillance, and counter-surveillance products. In 2003, the Company received its GSA Contractors Award. This award is its authorization to sell to the Federal Government and all other State, County, and local Agencies. In addition to the various products sold, the Company has been awarded product and installation contracts for government installations throughout the United States and recently to customers internationally. The company's current Website is under construction and should be complete within 2 weeks.
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 referred to or implied by such statements.
Contact: Homeland Security Corporation David L. Shade 949-250-1592 E-mail: sales@homelandsecuritycorp.net
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