Homeland Security Technology, Inc. to Enter Contract Negotiations with GSA; HST Renews Recon Mountaineer/Combat Trauma Bag Joint Venture Agreement.DEL MAR Del Mar is the name of several places in the United States of America:
Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States Technology, Inc., a division of Amnis, Inc. (Pink Sheets:AMNI), announced today that HST (1) See Hubble Space Telescope. (2) An earlier asymmetrical modem protocol from U.S. Robotics that included error control and compression and transmits from 4800 to 14400 bps in one direction and from 300 to 400 bps in the other. , Inc. has signed a one year extension of its Joint Venture Agreement with Recon Mountaineer LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . The extension was signed after completion of meetings with Recon Mountaineer on Friday 21 May, 2005. During these meetings, Homeland Security Technology, Inc. and Recon Mountaineer agreed that the continuation of the relationship is vital for the success of the Combat Trauma Bag program. HST's responsibility under the joint venture agreement includes finance, inventory management and marketing. Homeland Security Technology, Inc. also announced during the meetings that they will offer the General Services Administration The General Services Administration (GSA) was established by section 101 of the Federal Property and Administrative Services Act of 1949 (40 U.S.C.A. § 751). The GSA sets policy for and manages government property and records. most favored customer status on all products HST currently offers. HST, Inc. has received their digital certificates from Operational Research Consultants and is preparing to enter the next phase of obtaining a GSA (1) (Global mobile Suppliers Association, Sawbridgeworth, U.K., www.gsacom.com) A membership organization of suppliers of GSM products and services. Its goal is to promote GSM as the worldwide mobile communications standard. See GSM Association and GSM. Contract number. HST, Inc. anticipates finalizing contract paperwork this week to begin negotiations with GSA on pricing of their products to Federal, State and local government. A GSA contract number significantly expands the ability of HST to offer its product line to the US Government including the military. "As we finalize negotiations with the General Services Administration (GSA) it is important that our relationship with Recon Mountaineer is continuous and strong," commented Colonel Powers. "With the signing of this extension, both HST and Recon Mountaineer have pledged to each other that we will continue to work in unison bringing much needed equipment to the military on a timely basis." Under the marketing section of the Joint Venture Agreement, HST is entitled to additional royalty fees for orders derived from the GSA catalog. It is anticipated that after HST products are introduced into the catalog orders will be received from customers including the US Army, Navy, Air Force, in addition to existing US Marine Corps customers. About Homeland Security Technology, Inc. Homeland Security Technology Inc. (HST), a division of Amnis, Inc. (Pink Sheets:AMNI), is a technology based company with headquarters in north county San Diego. HST's mission is to develop and commercialize 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 can be brought to market in a cost-efficient and timely manner. The Company has also entered into an alliance with Recon Mountaineer, LLC, (an Oceanside, CA.-based designer and manufacturer of military combat gear for the United States Armed Forces Used to denote collectively only the regular components of the Army, Navy, Air Force, Marine Corps, and Coast Guard. See also Armed Forces of the United States. ). The company has also 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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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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