Pink Sheets Penny Stocks News
Approval Opens Door to Multi-Billion Dollar Government Market
Jul 24, 2008 8:31:00 AM
ARDEN, NC -- (MARKET WIRE) -- 07/24/08 -- Homeland Integrated Security Systems, Inc. (PINKSHEETS: HISU) is pleased to announce that the Company's application to be added to the U.S. General Services Administration (GSA) schedule has been approved and it will begin selling its products through the GSA on August 1. The Company will also be listed on the GSA Advantage, an electronic shopping and ordering system that allows GSA customers to buy direct from GSA Schedule contractors online. Electronic ordering through GSA Advantage allows a customer to send an order directly to the Schedule contractor, creating a direct customer-contractor relationship.
The GSA provides more than 11 million products and services to commercial firms, oversees $66 billion of purchases annually, and contributes to the management of about $500 billion in U.S. Federal property, including 8,600 government-owned or leased buildings and 208,000 vehicles. The GSA provides a centralized delivery system of products to Federal agencies and uses its considerable buying power to get the most out of taxpayer dollars.
Homeland Integrated Security Systems Inc. will market all of its security and data tracking products to government agencies for their facilities, vehicles, equipment and employees. The Company will be one of eight suppliers listed on the GSA Schedule for vehicle tracking and monitoring equipment.
"This is tremendous news for us. Being listed on the GSA Schedule puts our products in front of thousands of Federal Government buyers and should result in many new sales opportunities," stated Fred Wicks, CEO and President of Homeland Integrated Security Systems, Inc. "Especially since we believe that we can offer the most affordable, total fleet management solution geared toward asset management, increased productivity, and fuel savings."