Opening of Hungarian Subsidiary - Intersecurity Holdings Personnel Property & Defense LLC
June 07 2006 - 11:42AM
Business Wire
Intersecurity Holdings Corporation (OTCPK: IXSV) has opened a
Hungarian subsidiary- Intersecurity Holdings Personnel Property
& Defense. "The official documentation has been registered at
the necessary governmental offices" stated Mr. Simone, President of
Intersecurity Holdings Corporation. Intersecurity Holdings
Personnel Property & Defense is 95% owned by Intersecurity
Holdings Corporation. "The purpose of setting up a subsidiary
company in Hungary is to acquire local talent, participate in
tenders, and simplify any purchases or partnerships we may enter
into in the future" added Mr. Simone. Mr. Bango Bela has been named
as director of the subsidiary company by the Board of Directors.
Mr. Bela has many years experience in security affairs, in the past
he has held positions in the police department and at the Ministry
of Internal Affairs Border Control Division. For additional
information please contact Equitable Research (USA) at +1 (954)
281-8266 or visit www.ixsv.com. Safe Harbor Statement: This press
release may contain forward looking statements. The words
'estimate', 'possible' and 'seeking' and similar expressions
identify forward-looking statements, whether because of new
information, future events, or otherwise. Forward-looking
statements are inherently subject to risks and uncertainties, some
of which cannot be predicted, or quantified. Future events and
actual results could differ materially from those set forth in,
contemplated by, or underlying the forward-looking statements. The
risks and uncertainties to which forward looking statements are
subject include, but are not limited to, the effect of government
regulation, competition and other material risks.
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