Homeland Security Capital Corp.

Aug. 31, 2009 (Business Wire) -- Homeland Security Capital Corporation “HSCC” (OTCBB:HOMS), an international provider of specialized technology-based radiological, nuclear, environmental, disaster relief and security solutions to government and commercial customers, announced today that its environmental remediation subsidiary, Safety and Ecology Corporation (SEC) was awarded a $14 million contract for health physics and on-site laboratory support services at the FUSRAP Maywood Superfund Site (FMSS). Since 1999, SEC has successfully performed environmental remediation services as a subcontractor through the United States Army Corps of Engineers (USACE) at the Maywood, NJ site.

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Sep. 9, 2009 (Business Wire) -- Homeland Security Capital Corporation (OTCBB:HOMS), an international provider of specialized technology-based radiological, nuclear, environmental, disaster relief and security solutions to government and commercial customers, announced today that Nexus Technologies Group (“Nexus”), a mid-Atlantic security integrator for the corporate and governmental security markets, and majority owned subsidiary of HOMS, has received approximately $1,600,000 in additional security project work as part of a new security initiative being undertaken by a major east coast banking institution. All additional work is to be performed at existing bank branch locations.

The bank was recently acquired by a larger international bank and continues to upgrade and expand its security infrastructure. Nexus has been a key partner in this process by providing product knowledge and security engineering expertise to assist the bank’s security department in deploying new technologies across the bank’s branch network. This project represents a new application of security technology to facilitate the expansion of the scope of the bank’s security platform. Nexus is providing engineering, project management and deployment services to the bank to facilitate a seamless integration of this new security application with the current security systems maintained by the bank.

The design and implementation of this security project represents an additional opportunity to expand and solidify the Company’s relationship with the bank as well as its area of service coverage in the Mid-Atlantic region.

Peter Miller, CFO of Nexus, comments, “This project demonstrates that Nexus’ focus on value added security design and engineering services, is the key to establishing long-term client relationships and continuing to outperform competing security companies in the highly competitive security industry.”

In March of 2009, Nexus entered into a Master Purchase Agreement with this major east coast banking institution. The agreement provides a framework for the Company’s ongoing business relationship with the bank and continues to produce new business for Nexus. The award of this security project represents a continued affirmation of the relationship with Nexus and it is further indication that the bank is adopting a uniform security platform that Nexus has helped the bank to standardize.

Michael T. Brigante, Nexus’ CEO added, “We continue to focus on expanding our work with existing customers through the application of new technologies, superior engineering and cost efficiencies. Nexus has developed an excellent reputation for completing these challenging projects, which we believe will allow us to leverage our abilities with new customers as we expand our geographic footprint.”

Completion of this bank security project is expected by second quarter of fiscal 2010.

About Nexus Technologies Group

Nexus, a mid-Atlantic security integrator for the corporate and governmental security markets that specializes in non-proprietary integrated security solutions including access control, alarm, video, communication, perimeter protection and bomb and metal detection security systems. Utilizing cutting-edge technologies, Nexus provides innovative, engineered and scalable solutions to effectively protect people, property and assets. For more information about Nexus, visit www.nexusna.com.

About Homeland Security Capital Corporation (HSCC)

HSCC is a company engaged in the strategic acquisition, development, and consolidation of homeland security-related businesses, within 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 4^th Congressional District of Maryland. HSCC operates businesses that provide homeland security products and services solutions, growing organically and by acquisitions. The company is targeting emerging companies that are generating revenues but face challenges in scaling their businesses to capitalize on homeland security opportunities.

HSCC’s portfolio of companies, in addition to Nexus, includes:

Safety and Ecology Corporation (SEC) is a rapidly growing environmental services company in the U.S., providing services nationally, in Europe and the Caribbean. The Company specializes in the removal and remediation of hazardous nuclear materials for the U.S. Department of Energy, U.S. Department of Defense, and other federal agencies. SEC also provides advanced environmental services for private industry across the country and internationally. Since its founding in 1991, SEC has grown approximately 30 percent per year, and has emerged as a technology innovator with more than 450 personnel worldwide and with annual revenues of more than U.S. $70 million. For more information on SEC, visit www.sec-tn.com.

Polimatrix, Inc., a system integrator and total solutions provider delivering advanced radiation and nuclear protection and detection services. The company has been operating since September 2006 as a joint venture between Homeland Security Capital Corporation and Polimaster, Inc. For more information about Polimatrix, visit www.polimatrix.com.

For more information about Homeland Security Capital Corporation, visit www.hscapcorp.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 Corporation 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.

Sep. 15, 2009 (Business Wire) -- Homeland Security Capital Corporation “HSCC” (OTCBB:HOMS), an international provider of specialized technology-based radiological, nuclear, environmental, disaster relief and security solutions to government and commercial customers, announced today that Nexus Technologies Group (“Nexus”), a mid-Atlantic security integrator for the corporate and governmental security markets, has been awarded a contract and change orders totaling approximately $150,000 for the design, engineering and installation of an integrated security system at a large municipality’s public safety complex.

Nexus was originally hired to engineer and implement a complex integrated access control and CCTV system for this multi-use public safety complex. Encompassing in excess of 250,000 square feet and including a Police Station, Fire Station, EMS Station, 911 call center, Courthouse, and jail cells as well as several public areas, this project presented incredibly complex functionality, integration and connectivity challenges. In addition, the complex has several outlying buildings and Nexus is also integrating the operation of several gates and perimeter access devices.

After completion of the majority of the work, and a delay in the project due to financing issues, Nexus has been re-engaged to complete the installation and commissioning of the access control and CCTV systems at the facility. The highly specific and complex requirements of the building’s design and the diverse nature of the occupants required a highly engineered, multi-functional security solution that is a Nexus core competency.

Completion of the work under this contract is expected by the end of first quarter of fiscal 2010.

In addition, the dollar amount of the security upgrade work that Nexus was engaged to perform at Nuclear Power Generating Station reported on August 20, 2009, has been increased by 70% from $100,000 to $171,000. The increase in this contract represents Nexus’ continued expansion of its relationship with this owner of multiple Nuclear Generating Stations.

Completion of the work at the nuclear generating station is expected by the end of the second quarter of fiscal 2010.

Michael T. Brigante, Nexus’ CEO, commented, “These are two excellent examples of Nexus’ ongoing commitment to its customers. Our customer satisfaction programs, with our application of new technologies, unique design capabilities and cost efficiencies continue to make Nexus the provider of choice for complex projects.”

About Nexus Technologies Group

Nexus, a mid-Atlantic security integrator for the corporate and governmental security markets that specializes in non-proprietary integrated security solutions including access control, alarm, video, communication, perimeter protection and bomb and metal detection security systems. Utilizing cutting-edge technologies, Nexus provides innovative, engineered and scalable solutions to effectively protect people, property and assets. For more information about Nexus, visit www.nexusna.com.

About Homeland Security Capital Corporation (HSCC)

HSCC is a company engaged in the strategic acquisition, development, and consolidation of homeland security-related businesses, within 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 4^th Congressional District of Maryland. HSCC operates businesses that provide homeland security products and services solutions, growing organically and by acquisitions. The company is targeting emerging companies that are generating revenues but face challenges in scaling their businesses to capitalize on homeland security opportunities.

HSCC’s portfolio of companies, in addition to Nexus, includes:

Safety and Ecology Corporation (SEC) is a rapidly growing environmental services company in the U.S., providing services nationally, in Europe and the Caribbean. The Company specializes in the removal and remediation of hazardous nuclear materials for the U.S. Department of Energy, U.S. Department of Defense, and other federal agencies. SEC also provides advanced environmental services for private industry across the country and internationally. Since its founding in 1991, SEC has grown approximately 30 percent per year, and has emerged as a technology innovator with more than 450 personnel worldwide and with annual revenues of more than U.S. $70 million. For more information on SEC, visit www.sec-tn.com.

Polimatrix, Inc., a system integrator and total solutions provider delivering advanced radiation and nuclear protection and detection services. The company has been operating since September 2006 as a joint venture between Homeland Security Capital Corporation and Polimaster, Inc. For more information about Polimatrix, visit www.polimatrix.com.

For more information about Homeland Security Capital Corporation, visit www.hscapcorp.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 Corporation 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.

Sep. 23, 2009 (Business Wire) -- Homeland Security Capital Corporation (OTCBB:HOMS), an international provider of specialized technology-based radiological, nuclear, environmental, disaster relief and security solutions to government and commercial customers, announced today that its environmental remediation subsidiary, Safety and Ecology Corporation (SEC) was awarded a contract, through a majority owned subsidiary called SEC RADCON Alliance, LLC (SECRA, LLC). With an estimated total contract value of $65 million, awarded by Bechtel Jacobs Company, LLC (BJC) the contract is to provide radiological and industrial hygiene services to support U.S. Department of Energy (DOE) Oak Ridge Operations Office. Other members of SECRA, LLC include Dade Moeller & Associates Inc., and ARS International.

SEC, as the incumbent subcontractor, has performed this work for BJC, for over a decade. BJC holds the direct contract with DOE. Under the new contract, the team will continue to provide Radiological Control Technicians (RCT’s) Industrial Hygiene Technicians, Health Physics Professionals and Industrial Hygienists in addition to providing a health physics and industrial hygiene instrumentation program in support of BJC’s Environmental Management clean-up contract with the DOE Oak Ridge Operations Office.

“We appreciate the opportunity to continue supporting DOE’s mission here in Oak Ridge, and we are excited about the added-value dimensions offered to BJC through our LLC,” said Jack Macrae, SECRA, LLC President.

The original contract awarded in 1999 to the SEC Radcon Alliance, was competitively re-bid. Work performed under the new subcontract includes supporting BJC’s mission to close numerous facilities on behalf of DOE. Some scope is being funded by the American Reinvestment and Recovery Act (ARRA). The period of performance is from award through December 2011, plus two 6-month options. SEC is pleased to announce, as of Sept 6, 2009, the company has again exceeded one million hours without a significant injury and without a lost work day accident on the Radcon project. This milestone measurement captures 36 months of performance without a lost time accident and represents SEC’s continued excellent culture in workplace safety and health.

“We are pleased to win this recomplete, this is another example of our success in winning partially Stimulus funded projects,” said C. Thomas McMillen, Chairman and CEO of HOMS.

About Safety and Ecology Corporation

Safety and Ecology Corporation (SEC) is a rapidly growing environmental services company in the U.S., providing services nationally, in Europe and the Caribbean. The Company specializes in the removal and remediation of hazardous nuclear materials for the U.S. Department of Energy, U.S. Department of Defense, and other federal agencies. SEC also provides advanced environmental services for private industry across the country and internationally. Since its founding in 1991, SEC has grown approximately 30 percent per year, and has emerged as a technology innovator with more than 450 personnel worldwide and with annual revenues of more than U.S. $70 million. For more information on SEC, visit www.sec-tn.com.

About Homeland Security Capital Corporation (HOMS)

Homeland Security Capital Corporation is a company engaged in the strategic acquisition, development, and consolidation of homeland security-related businesses, within 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 4^th Congressional District of Maryland. HOMS operates businesses that provide homeland security products and services solutions, growing organically and by acquisitions. The company is targeting emerging companies that are generating revenues but face challenges in scaling their businesses to capitalize on homeland security opportunities.

HOMS’s portfolio of companies, in addition to SEC, includes:

Nexus Technologies Group, a mid-Atlantic security integrator for the corporate and governmental security markets that specializes in non-proprietary integrated security solutions including access control, alarm, video, communication, perimeter protection and bomb and metal detection security systems. Utilizing cutting-edge technologies, Nexus provides innovative, engineered and scalable solutions to effectively protect people, property and assets. For more information about Nexus, visit www.nexusna.com.

Polimatrix, Inc., a system integrator and total solutions provider delivering advanced radiation and nuclear protection and detection services. The company has been operating since September 2006 as a joint venture between Homeland Security Capital Corporation and Polimaster, Inc. For more information about Polimatrix, visit www.polimatrix.com.

For more information about Homeland Security Capital Corporation, visit www.hscapcorp.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 HOMS 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: Business Wire (September 23, 2009 - 8:30 AM EDT)

News by QuoteMedia

Oct. 14, 2009 (Business Wire) -- Homeland Security Capital Corporation (OTCBB: HOMS), an international provider of specialized technology-based radiological, nuclear, environmental, disaster relief and security solutions to government and commercial customers, announced today that its environmental remediation subsidiary, Safety and Ecology Corporation (SEC) along with its protégé company ARS International was awarded a task order valued at $1.5M. The SEC team will perform the work under its Master Task Order Agreements (MTOA) contract, for projects at the Los Alamos National Laboratory. This is the first task order for field work awarded by Los Alamos National Laboratory under the MTOA, funded by the American Recovery and Reinvestment Act (ARRA).

C. Thomas McMillen, Chairman and CEO of HOMS said, “We are pleased to be awarded this stimulus task order as part of our previously announced contract, with a maximum ceiling of $100M.”

The team was awarded a task order valued at $1.5M to perform hazardous abatement and removal services at Los Alamos National Laboratory scheduled to be completed by June, 2010. This task order will staff approximately 20 people, including technical and field support personnel.

“We are excited to win this important task order and stand ready to perform,” said Christopher Leichtweis, CEO of SEC and President of HOMS. “SEC has assembled a well-qualified team and resources to ensure all removal activities are completed safely and on time.”

This is the first of many task orders to be issued under the MTOA, which as previously announced, are partially funded by the ARRA and contain a maximum approved capacity of $100M. The four awarded companies will bid competitively for a variety of Remedial Action / Decommissioning and Demolition services at Los Alamos National Laboratory.

This task order will be supported by subcontractors Weston Solutions, providing field engineering services, and Keers Remediation, providing asbestos and lead abatement.

About Safety and Ecology Corporation

Safety and Ecology Corporation (SEC) is a rapidly growing environmental services company in the U.S., providing services nationally, in Europe and the Caribbean. The Company specializes in the removal and remediation of hazardous nuclear materials for the U.S. Department of Energy, U.S. Department of Defense, and other federal agencies. SEC also provides advanced environmental services for private industry across the country and internationally. Since its founding in 1991, SEC has grown approximately 30 percent per year, and has emerged as a technology innovator with more than 450 personnel worldwide and with annual revenues of more than U.S. $70 million. For more information on SEC, visit www.sec-tn.com.

About Homeland Security Capital Corporation (HOMS)

Homeland Security Capital Corporation is a company engaged in the strategic acquisition, development, and consolidation of homeland security-related businesses, within 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 4^th Congressional District of Maryland. HOMS operates businesses that provide homeland security products and services solutions, growing organically and by acquisitions. The company is targeting emerging companies that are generating revenues but face challenges in scaling their businesses to capitalize on homeland security opportunities.

HOMS’s portfolio of companies, in addition to SEC, includes:

Nexus Technologies Group, a mid-Atlantic security integrator for the corporate and governmental security markets that specializes in non-proprietary integrated security solutions including access control, alarm, video, communication, perimeter protection and bomb and metal detection security systems. Utilizing cutting-edge technologies, Nexus provides innovative, engineered and scalable solutions to effectively protect people, property and assets. For more information about Nexus, visit www.nexusna.com.

Polimatrix, Inc., a system integrator and total solutions provider delivering advanced radiation and nuclear protection and detection services. The company has been operating since September 2006 as a joint venture between Homeland Security Capital Corporation and Polimaster, Inc. For more information about Polimatrix, visit www.polimatrix.com.

For more information about Homeland Security Capital Corporation, visit www.hscapcorp.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 HOMS 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.