Homeland Security Capital Corporation Appoints Project Manager for Richland, Washington Office

ARLINGTON, Va.--(BUSINESS WIRE)--Homeland Security Capital Corporation (“HSCC”) (OTCBB:HOMS), an international provider of specialized technology-based radiological, nuclear, environmental, disaster relief and security solutions to government and commercial customers, announced that its subsidiary, Safety and Ecology Corporation (“SEC”), has appointed Michael M. Stromberg project manager for its Richland, Washington office. Mr. Stromberg brings over thirty-five years of combined construction and engineering experience to his new position at SEC, serving as project manager for SEC’s 100D Burial Grounds remediation project at the Department of Energy’s (DOE) 586-square-mile Hanford Site located in Washington State.

SEC was awarded a subcontract worth approximately $30M, by Washington Closure Hanford and has been cleaning up contaminated burial grounds and remaining sites in D Area. SEC is performing well on this five-year project that is expected to conclude in 2011, as scheduled. Mr. Stromberg is now responsible for site safety, implementing plans, procedures, and specific work instructions necessary to comply with applicable technical and quality assurance requirements, planning procurement activities, and ensuring field activities are being conducted in a timely and cost-effective manner.

“We are pleased that Michael is joining our team, and believe he will be a great asset for our Richland office operations,” said SEC CEO and HSCC President Christopher Leichtweis. “Mike is a proven expert in problem solving and resolution, project planning, and managing projects from inception through completion.”

Mr. Stromberg’s experience includes eighteen years of project/construction management experience plus seventeen years of construction/design engineering experience from URS Washington Division (Formerly Washington Group International). During his previous employment, his responsibilities included environmental and demolition related work with agencies such as the Environmental Protection Agency (EPA) and United Stated Army Corps of Engineers. Stromberg graduated from the University of North Dakota, Lake Region with an Associate Arts Degree in Architectural Design Technology in Devils Lake, North Dakota.

“This strong addition contributes to the overall revamping of SEC’s Western operations,” said former Maryland Congressman and HSCC Chairman C. Thomas McMillen. “The Richland office supports our mission to expand our range and increase our ability to respond to chemical, radiological, nuclear, and environmental disasters with state-of-the-art equipment and diagnostic testing. We are very pleased with Michael’s selection and look forward to his contributions.”

About Safety and Ecology Corporation

Safety and Ecology Corporation is a rapidly growing environmental services company in the U.S., providing services nationally, in Europe and the Caribbean. The Company specializes in the removal and remediation of hazardous nuclear materials for the U.S. Department of Energy, U.S. Department of Defense, and other federal agencies. SEC also provides advanced environmental services for private industry across the country and internationally. Since its founding in 1991, SEC has grown approximately 30 percent per year, and has emerged as a technology innovator with more than 420 personnel worldwide and with annual revenues of more than U.S. $55 million. For more information on SEC, visit www.sec-tn.com.

About Homeland Security Capital Corporation

Homeland Security Capital Corporation is a company engaged in the strategic acquisition, development, and consolidation of homeland security-related businesses, within the fragmented homeland security industry. The company is focused on creating long-term value by taking controlling interest and developing its subsidiary companies through superior operations and management. Former Maryland Congressman C. Thomas McMillen, who served three consecutive terms in the U.S. House of Representatives from the 4th Congressional District of Maryland, heads the company.

Homeland Security Capital Corporation operates businesses that provide homeland security products and services solutions, growing organically and by acquisitions. The company is targeting emerging companies that are generating revenues but face challenges in scaling their businesses to capitalize on homeland security opportunities. Homeland Security Capital Corporation’s portfolio of companies, in addition to Safety and Ecology Corporation, includes:

Polimatrix, Inc., a system integrator and total solutions provider delivering advanced radiation and nuclear protection and detection services. The company has been operating since September 2006 as a joint venture between Homeland Security Capital Corporation and Polimaster, Inc. For more information about Polimatrix, visit www.polimatrix.com.

Nexus Technologies Group, a mid-Atlantic security integrator for the corporate and governmental security markets that specializes in non-proprietary integrated security solutions including access control, alarm, video, communication, perimeter protection, and bomb and metal detection security systems. Utilizing cutting-edge technologies, Nexus provides innovative, engineered, and scalable solutions to effectively protect people, property, and assets. For more information about Nexus, visit www.nexusna.com.

For more information about Homeland Security Capital Corporation, or to be added to our e-mail distribution list, please visit www.hscapcorp.com.

Forward-Looking Statement

This release includes certain statements that may be deemed to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future activities, performance, events or developments, are forward-looking statements. Although Homeland Security Capital Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements.