ASHEVILLE, N.C., Aug. 16, 2005 (PRIMEZONE) -- Homeland Integrated Security Systems, Inc. (Pink Sheets:HISC) announced today that it expects sales to increase for its Cyber Tracker units as a result of the estimated $35 billion Sprint/Nextel Merger.
According to Adam S. Clough, a former Nextel Executive, and new Vice President of Corporate Development for Homeland Integrated Security Systems, the Sprint/Nextel Company will have approximately 14,000 points of distribution for retail sales of the Cyber Tracker, in contrast to the only couple of thousand that Nextel had originally. In addition, the new company will have more towers than any other cellular company.
"From a technology standpoint, Sprint Nextel is expected to move off the 800 mhz spectrum to 1900 mhz. As a result, data will be transmitted faster which will help the Cyber Tracker with additional functions," stated Homeland Integrated Security Systems Inc., CTO, Ian Riley.
Homeland Integrated Security Systems, Inc.'s management expects sales of the Cyber Tracker to exceed $125 million over the next three years. Homeland Integrated Security Systems will be providing the first 'Push-To-Talk,' tamper-proof unit available on a mass-distribution basis at an affordable cost.
Sprint (FON) and Nextel Communications Inc. (NXTL) recently announced that they have completed their merger transaction, forming Sprint Nextel Corporation. Sprint Nextel common stock will begin trading on the NYSE on Monday, 08/15/2005, under the symbol "S."
About Homeland Integrated Security Systems:
Homeland Integrated Security Systems owns proprietary technology and has the rights to use patents to some of the most innovative and sophisticated security products. One of the key target markets is the 361 commercial seaports in the U.S., which are vulnerable to criminal penetration. For more information go to www.hissusa.com
For more information please visit our website www.hissusa.com or contact Matt Maguire 1-866 THE APPL(E).
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. Homeland Integrated Security Systems, Inc. is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.