Homeland Security Corporation and ONYX Scientific Inc. Announce Joint Venture to Develop Advanced Surveillance/Security Systems
July 06 2010 - 9:00AM
Marketwired
Homeland Security Corporation (PINKSHEETS: HSCC) announced today
that it is collaborating with ONYX Scientific Inc. in the
development of the next generation of surveillance and security
technologies.
"ONYX is a perfect partner for HSCC because of its vast
experience in aerospace and government systems engineering and
brings its exciting new video compression, encryption and storage
software technologies to this project," said David Shade, the Chief
Executive Officer of Homeland Security Corp.
Chief Executive Officer and Founder of ONYX Scientific Inc.
Raymond S. Donofrio stated, "Capitalizing on Homeland Security
Corporation's experience in optics technology, Onyx Scientific Inc.
is deploying multiple products and technologies through ventures
with HSCC and anticipates a mutually successful long-term
relationship. Onyx is working with HSCC to launch key border
security surveillance technology. HSCC also is leveraging its
relationship with a major Fortune 100 manufacturer to help
integrate Onyx's compression and encryption software into a
video-and image-based quality control process monitoring
system."
About ONYX ONYX provides a cross-disciplinary perspective, with
knowledge ranging from particle physics to aerospace engineering,
from product prototyping to information systems and from advanced
mathematics to materials science. ONYX leadership also has uncommon
experience and intellectual discipline, each with 30 or more years
professional engagement in Fortune 100 companies as well as the
U.S. government and military. www.onyxscientificinc.com
HSCC Vice President Gary Williams stated, "HSCC is proud to work
with ONYX, a leader in compression and encryption technologies for
projects in the security industry. The combined HSCC and ONYX field
force effort will focus on bringing the latest and most advanced
surveillance/ security systems to market, protecting our homeland
now and in the future."
www.homelandsecuritycorporation.com/hscconyxventure.php
About Homeland Security Corporation Homeland Security
Corporation is a leading innovator and implementer of security
driven technologies that can be deployed in any environment to meet
a client's security needs. Our primary mission is to protect
people, property, infrastructure and our clients' high value
assets, by mitigating threats.
www.homelandsecuritycorporation.com.
Included in this release are certain "forward-looking"
statements, involving risks and uncertainties, which are covered by
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995, including statements regarding Homeland's
performance. Such statements are based on management's current
expectations and are subject to certain factors, risks and
uncertainties that may cause actual results, events and performance
to differ materially from those anticipated.
Contact: Homeland Security Corporation David L.Shade, C.E.O
949-250-1592 Email: Email Contact
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