WRIGHTWOOD, Calif.,
May 14, 2013 /PRNewswire/
-- Homeland Security Corporation (HSCC, the Company)
(OTC: HSCC), a security technology company announced today the
acquisition of all the security and biometric assets of Sense
Security Technologies. Sense Technologies is a custom developer and
solution provider of integrated hardware and proprietary software
targeting the Transportation, Pharmaceutical, Law Enforcement,
Healthcare, Travel and Tourism, Time and Attendance, Access
Control, and Medical Marijuana Industries, including various State
marijuana security/compliance markets.
On March 18th the
company announced it had formed a joint venture with Sense
Technologies for the development, sale and support of additional
identification methods, including Biometrics and Access control
solutions to HSCC's existing product line. The company has now
formalized this joint venture into an acquisition, using
shares/equity to complete the transaction.
The assets of Sense Security Technologies will now allow HSCC to
enter the law enforcement, Time and Attendance, Access Control, and
multiple other markets using biometric and card based technologies,
including the Medical Marijuana industry for the development of
security enhanced vending devices.
The assets specifically will include the following applications
and technologies: Biometrics – fingerprint, IRIS, facial, Access
control – fingerprint, IRIS, smartcard, mag, proximity card, Time
and attendance – card or biometrics and Perimeter security –
RFID.
Additionally HSCC has acquired all of the source code,
documentation, customer base, industry contacts and suppliers.
Recently appointed President, Mr. Dore
Perler said, "With the transition of the joint venture to an
acquisition within the company, the company now has diverse base of
assets within the security sector. We are now confident moving
forward we can execute our new plan to become a competitor within
the security sector. "
About Homeland Security Corporation HSCC is a leading
innovator, consultant and implementer of security driven
technologies that can be deployed in any environment to meet a
client's security or regulatory needs. Our primary mission is to
protect people, property, infrastructure, and our clients' high
value assets by mitigating threats, guiding regulatory agencies,
and integrating new and novel technologies.
SAFE HARBOR
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, along with 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 anticipated.
http://www.hscsurveillance.com/index.html
Please note the current website is under development
Investor relations contact:
Darren Bankston
404-313-2198
SOURCE Homeland Security Corporation
