NEWPORT BEACH, CA, 11/30/05 / MARKET WIRE/ -- Homeland Security Corporation (OTC: HSCC) becomes exclusive distributor for a unique GPS "Asset Tracking Device."
The Company finalized the Exclusive Distributing Agreement with Global Access Technologies, Inc. a Nevada corporation that manufactures and develops GPS tracking products worldwide. "AutoBug" is a unique satellite vehicle tracking system that is entirely controlled by the owner via an Internet website. With AutoBug, you do not have to rely on a call center or the police to locate your vehicle(s) or assets. It is simply a matter of calling up the small unit that is concealed within the vehicle(s) or asset from your PC, PDA or anywhere there is an Internet access. In seconds, a moving map is displayed showing, in "Real Time," the exact location, direction, and speed.
Company President and C.E.O., David Shade, "In order to compete in the growing 'Asset Tracking' market, the Company has added this unique product to its expanding product base. This move allows us to reach our goal of becoming a market leader in the security, surveillance, and Asset tracking worldwide."
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.
The Company would also like to welcome all new shareholders present or future to visit our new website at www.homelandsecuritycorp.net.
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. In addition, actual future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovation, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Homeland Security Corporation does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.