Zwei neue Projekte mit einer Gesamtmenge von ungefähr $9 Million ist abgeschlossen. Das erste mit ungefähr $3 Million, mit einer Bank in New Jersey mit 39 Niederlassungen. Das zweite Projekt, umfast $6 Million, für ein psychiatrisches Krankenhaus in zentralem neuem New Jersey Originaltext: Homeland Security Capital Corp. Subsidiary Nexus to Install Security and Surveillance Systems for Commerce Bank and Mental Health Facility Projects Valued at Approximately $9MARLINGTON, Va., March 16 /PRNewswire-FirstCall/ -- Homeland Security Capital Corp. (OTC Bulletin Board: HMSC), a company focused on acquiring, developing and consolidating homeland security-related businesses, announced today that its subsidiary Nexus Technologies Group has secured two new projects valued at a total of approximately $9 million. The first, valued at approximately $3 million, is with Commerce Bank, based in Cherry Hill, N.J., for security installations at its 39 new Connecticut and New York branches. Scheduled for completion by Dec. 31, the company will install a sophisticated surveillance system and alarm system. C. Thomas McMillen, Homeland Security Capital chairman and CEO, said, 'This project calls for significant attention to detail and coordination as aesthetics play a crucial role in the bank's overall marketing strategy. This regional branch roll-out will certainly highlight the strength and versatility of our project management staff.' The second project, valued at nearly $6 million, is for a state-run psychiatric hospital in North Central New Jersey, one of six psychiatric facilities that make up the New Jersey Division of Mental Health. Nexus will install a surveillance system, access control, bi-directional antenna system, fire alarm, telecommunications and fully redundant programmable logic controller. A project completion date has not yet been set. McMillen said, 'This integrated system will deploy state-of-the-art technologies and is extremely complex. Therefore, we have dedicated a team comprised of our top engineering, technical support and project management personnel for the duration of the job. We believe this is the kind of challenging project for which Nexus is well positioned.' About Nexus Technologies Group Nexus Technologies Group, headquartered in Hawthorne, NY, provides integrated security solutions for the corporate and government security markets. Through its subsidiary, Corporate Security Solutions, Nexus offers its own brand of security integration, leveraging more than 50 years of combined industry experience to provide unique security solutions. Utilizing cutting-edge technologies, Nexus provides innovative, engineered and scaleable solutions to effectively protect people, property and assets. For more information, visit http://www.nexusna.com. About Homeland Security Capital Homeland Security Capital is a consolidator in the fragmented homeland security industry. The company is focused on creating long-term value by taking controlling interest and developing its subsidiary companies through superior operations and management. The company is headed by former Congressman C. Thomas McMillen, who served three consecutive terms in the U.S. House of Representatives from the 4th Congressional District of Maryland. Homeland Security Capital intends to operate businesses that provide homeland security product and service solutions, growing organically and by acquisitions. The company is targeting emerging companies that are generating revenues from promising security products and services but face challenges in scaling their businesses to capitalize on homeland security opportunities. The company will enhance the operations of these companies by helping them generate new business, grow revenues and improve cash flows. An investment profile about Homeland Security Capital may be found at http://www.hawkassociates.com/homelandsecurity/profile.htm. For investor relations information regarding Homeland Security Capital, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info@hawkassociates.com. An online investor kit including press releases, current price quotes, stock charts and other valuable information for investors may be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com. Forward-looking statement: This release includes certain statements that may be deemed to be 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future activities, performance, events or developments, are forward-looking statements. Although Homeland Security Capital Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. SOURCE Homeland Security Capital Corp.
Source: PR Newswire (March 16, 2006 - 9:17 AM EST)
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