HSCC subsidiary receives more than $650K in purchase orders

ATLANTA, July 14 - Virginia-based Homeland Security Capital Corporation announced this week that one its subsidiaries, Nexus Technologies Group, a mid-Atlantic systems integrator, has received purchase orders in excess of $650,000.

According to a statement issued by HSCC, Nexus has been performing security installations for a large east coast bank. Much of the company’s work has been done at branches that are either currently under construction or renovation.

Nexus has also entered into a Master Purchase Agreement with the same bank, providing the framework for a significant expansion of their business relationship. Completion of the branch security work is expected to be completed by the second quarter of the 2010 fiscal year.