Homeland Security Technology, Inc. Receives $67,000 Installment from US Marine Corps Under Current Combat Trauma Bag Contract; H
June 23 2005 - 10:24AM
Business Wire
Homeland Security Technology, Inc. a division of Amnis, Inc. (Pink
Sheets:AMNI) announced today that HST, Inc. has received the first
installment of $67,000 from the US Marine Corps under the current
$405,000 contract to supply the 2nd Force Service Support Group
with Combat Trauma Bags. HST also confirmed today that the 20%
stock dividend scheduled for shareholders in July is on schedule to
be completed by the target date. Commenting on the stock dividend,
Colonel Jeffrey Powers USMC (Ret), CEO of Homeland Security
Technology, Inc., said, "Our Company has positioned itself as a
major player in the 33 billion dollar Homeland Defense Market and
is starting to see results from hard work and effective marketing
efforts. We believe now is the right time to reward our loyal
stockholders with this 20% share dividend. Our unofficial operating
motto has been 'We won't let you down' and we are offering this
dividend as a token of gratitude for the faith that has been
exhibited by our shareholders in our management team." Homeland
Security Technology, Inc. is marketing the following products to
the US Military and civilian commercial customers: Combat Trauma
Bag, PowerShield(TM) security glass laminates, GPS systems with
Iraq and Afghanistan databases, Quarterback(TM) pneumatic launching
system, T-Video digital video surveillance systems and recently
unveiled USPowerCall(TM) low-cost domestic and international
cellular calling services. ABOUT HOMELAND SECURITY TECHNOLOGY, INC.
Homeland Security Technology Inc. (HST), a division of Amnis, Inc.
(Pink Sheets:AMNI), is a developmental stage company based in north
county San Diego. HST's mission is the development and
commercialization of technology focused on providing increased
security for both civilian and military personnel throughout the
world. Under the leadership of Colonel Jeffrey A. Powers, USMC
(Retired), HST has assembled a portfolio of technology and services
through alliances with established defense-related companies and
through internal development that is being brought to market in a
cost-efficient and timely manner. The Company also has an alliance
with Recon Mountaineer, LLC, (an Oceanside, Calif.-based designer
and manufacturer of military combat gear for the United States
Armed Forces). The company has partnered with leading security
firms to design and market surveillance systems for homeland
defense security applications. This press release contains
forward-looking statements pursuant to the "safe harbor" provisions
of the Private Securities Litigation Reform Act of 1995. These
statements include risks and uncertainties that may cause the
company's plans to change and are in no way intended to guarantee
that the company will be successful in executing its plans. AMNI's
common stock currently trades on the over-the-counter "Pink Sheets"
under the symbol "AMNI." This press release in no way constitutes
any recommendation regarding the securities of AMNI or its
affiliates. Any person reading this press release is advised that
this release should be considered in light of all facts and
circumstances regarding the business and financial condition and
prospects of AMNI, and no inference is made in this release
contains all such information.
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