Homeland Security Corporation's Security Division Awarded Industrial Process Monitoring Contract by Fortune 100 Customer
27 February 2014 - 1:45AM
Marketwired
Homeland Security Corporation's Security Division Awarded
Industrial Process Monitoring Contract by Fortune 100 Customer
WRIGHTWOOD, CA--(Marketwired - Feb 26, 2014) - Homeland Security
Corporation (PINKSHEETS: HSCC) has announced the company, through
its Security Division, was awarded an initial contract for $15,000
for a newly designed Overhead Crane Video system that will operate
in a high heat environment. Upon completion of testing, there are
an additional 11 cranes being considered for integration for a
potential contract award of $165,000. This contract was awarded by
one of the customers "Domestic" divisions and the system was
designed to operate in harsh and potentially hazardous
environments.
This contract was the result of HSC's management team,
participating in a Global Industrial Process Monitoring conference,
at the customer's facility in January of this year. The company was
asked to provide current technology for use in "Standardizing" the
process monitoring applications both in the U.S and for their
International Divisions. The conference openly discussed the
current status of process monitoring, procedures, technology, and
equipment in industrial applications as a whole and how the use of
video systems can increase production flows as well as security. It
is anticipated that contracts will be awarded in the near future
for the Worldwide Divisions and other vertical markets.
HSC's technology Director Gary Williams said, "Our company
continues to design and implement forward thinking technologies in
an effort to meet client needs and support. These technologies will
help to establish industry standards as well as help to revise
antiquated procedures and systems to meet our customer's
requirements. These systems will be the key to the progression of
safety technology within the crane industry and will save money,
time, and lives with its use."
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.
Contact: Homeland Security Corporation Investor Relations:
Darren Bankston 404-313-2198 Website: hsccsecurity.com
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