HDS International to Provide Emergency Communications for a
100,000 Citizen Community
ST. LOUIS, MO -- June 17, 2015 -- InvestorHub
NewsWire -- HDS International Corp. (OTC: HDSI), a technology
development company, announced today that it has reached an
agreement to provide emergency communication services for a
community of over 100,000 people, marking a significant milestone
for the Company as it crosses the chasm from R&D to
commercialization of its intellectual property, to revenue
generation. The Company started selling SirenGPS emergency
management software solutions May 1, 2015 under license from
privately-held SirenGPS, and recently executed an asset purchase
agreement (APA) to acquire the technology outright, setting the
stage for significant growth.
HDS International Chief Executive Officer Paul Rauner reported
that the Company will provide emergency management communications
for a community of more than 100,000 citizens. Despite a minor
contingency that the Company expects to resolve in the next week
related to the format of a system report, the client has already
started on-boarding the software.
Rauner commented on what a sale of this scale means to the
Company: As I have said previously, the sales cycle for a public
safety, enterprise opportunity like SirenGPS is typically very
elongated. A 90 or 120 day sales cycle is normal in this space.
Landing a prospect of this size, this soon after our launch really
validates the product and is just the beginning. Having this client
will mean real credibility going into meetings we have scheduled
with larger communities. The numbers in our pipeline suggest
that we could be providing services for a million or more citizens
by the end of this calendar year. Prospects suggest that our rate
of acquisition will only accelerate as we get traction and grow our
footprint regionally, nationwide, and then globally. SirenGPS
technology is ready to deploy anywhere in the world today.
Separately, the Company has amended its recently filed 14C to
include a reverse split of Common Shares. Rauner explained: We are
making great progress, but the share price has not moved to reflect
our momentum. While the share price may have presented a buying
opportunity for retail investors, current and prospective
investors, customer prospects, strategic partners, and acquisition
candidates simply do not like the share price where it has recently
been trading, and it is clear that this move is in the best
interest of the Company. Subject to regulatory review, HDSI common
shares will be reversed at thirty (30) to one (1), and the
conversion rate for preferred shares will adjust to track the same
ratio as per Board resolution. As a result, the Preferred and
Common Shares will retain their respective, proportionate equity
ownership of the Company. With numerous sales leads, technology
partnerships and merger and acquisition candidates in the pipeline,
at varying stages of negotiations and timing, we believe that this
is the time to move the stock to a more notable exchange with
improved transparency and liquidity. This move will ultimately
benefit our stakeholders and will allow management to best position
the Company to achieve its true potential as the world leader in
e911 and emergency management solutions.
For additional information about HDSI, please visit www.hdsicorp.com, or refer to the Companys regulatory
filings at www.sec.gov.
About HDS International Corp.
HDS International Corp. (OTC Pink: HDSI), is a technology
development company based in St. Louis, MO, providing emergency
management software services under a license agreement with
SirenGPS, Inc., a Delaware corporation headquartered in
Missouri.
Forward-Looking Statements
Statements not historical in nature, are intended, and are
hereby identified as, "forward-looking statements". Forward-looking
statements may be identified by words including "anticipate,"
"believe," "intends," "estimates," "expect," and similar
expressions. The Company cautions readers that forward-looking
statements including, without limitation, those relating to future
business prospects are subject to risks and uncertainties that
could cause actual results to differ materially from projections,
estimates or aspirations, due to factors such as those relating to
economic, governmental, technological, and any risks and factors
identified from time to time in the Company's reports filed with
the SEC.
CONTACT INFORMATION
HDS International Corp.
401-400-0028
info@hdsicorp.com
http://www.hdsicorp.com