HomelandDefenseStocks.com - Homeland Security Industry Sees Increase in Department of Defense Budget

From: HomelandDefenseStocks.com
Published: Tue Feb 21 2006

www.HomelandDefenseStocks.com and www.NationalHomelandSecurityKnowledgebase.com, global investor and industry news portals for the homeland defense and security sector, discusses the increase in the recently announced FY2007 Homeland Security budget and the movement by firms within this arena towards consolidation and product expansion.

In early February, President Bush presented his fiscal year 2007 budget request for the Department of Homeland Security (DHS). The request for $42.7 billion indicates a 6 percent increase in funding from the 2006 budget. This bodes well for companies operating in this arena, in particular those with technology surrounding surveillance, detection and identification products to assist in meeting the needs of border, port and transportation security and overall homeland security readiness.

Building product portfolios has become a necessary strategy for many firms working to address the growing needs within the homeland security arena. Dore Perler, CEO of Sense Holdings, Inc (OTCBB: SEHO) explains, “Today's terrorist activities are a global religious and political phenomenon encompassing a broad spectrum of national security threats. The only effective way to simultaneously confront all of these security threats is by the intelligent application of high technology.”

Sniffex, Inc. (OTC.PK: SNFX), a developer of a lightweight handheld distance weapon and explosives detection device explains their strategy for being able to expand their offerings, "As the expenditures for homeland defense continue to grow, the customers that we sell to through our worldwide Representative network are asking for more and more products to sell to their existing customer base. There is a huge demand around the world for products and services that can be used as a tool in fighting terror and crime. We believe that if one or our Representatives is selling Sniffex, they should be selling every other great tool in the arsenal of products and services for fighting crime."

Technest Holdings, Inc (OTCBB: TCNH) has been focused on diversifying their product base for many years to be able to target a variety of the nation’s security needs. As Robert Tarini, CEO of Technest describes, "Although significant progress has been made against terrorism in the foreign arenas of Iraq and Afghanistan by our combat troops, many security problems remain unresolved domestically here in the US, in our cities, federal infrastructures and borders. Many of these security problems will be solved by innovative technologies that can be delivered by fast and nimble companies with the ability to address multiple problems through a portfolio of solutions such as Technest Holdings.”

To Read the Homeland Security Industry Growth through Consolidation Report in Full Click Here: http://www.homelanddefensestocks.com/Articles/Consolidation.asp

www.HomelandDefenseStocks.com (HDS), and www.NationalHomelandSecurityKnowledgebase.com (NHSK), portals within the InvestorIdeas.com content umbrella, offers investors research, news and links to public companies within the homeland security and defense sector. HDS and NHSK do not make recommendations, but offer unique free information portals to research news, articles, interviews and a growing list of participating public companies in the security industry.

Featured Homeland Security Stocks: (HDS is compensated by Sniffex, Sense Holdings and Technest as disclosed in disclaimer)

SENSE Holdings Inc.™ (OTCBB: SEHO) is a provider of biometric solutions, and micro-sensor identification systems as well as enabling technology for explosives detection. Sense develops products targeting Homeland Security, and offers solutions that improve and secure many business, military, and personal processes. http://www.homelanddefensestocks.com/CO/SEHO/Default.asp

Sniffex, Inc. (OTC.PK: SNFX) is the manufacturer of a pocket-sized, hand held explosives and weapons detection device which operates through its ability to detect the presence of nitrous oxide (free) radicals within its effective range. http://www.homelanddefensestocks.com/CO/SNFX/Default.asp

Technest Holdings, Inc. (OTCBB: TCNH) is committed to setting next-generation standards in defense and security through the provision of innovative emerging technologies and expert services. http://www.homelanddefensestocks.com/CO/THNS/Default.asp

HomelandDefenseStocks.com (HDS) provides a variety of global defense and security content through: The Defense Market Report, by James H. Smith, Homeland Defense Business Correspondent for MSNBC, CNN and the BBC; The Spade Defense Index (AMEX: ^DXS) with Scott Sacknoff, Mallon's Security Report by Mallon Associates and the HDS Blog all available at: http://www.homelanddefensestocks.com or become a ‘priority’ member of the Investorideas.com investor and industry research resource portals and be at the top of our list to be the first to know what is happening in industry and sector trends. http://investorideas.com/membership/

HDS also includes one of the most comprehensive free Homeland Security stock lists in the investment industry: www.HomelandDefenseStocks.com/Companies/HomelandDefense/Stock_List.asp

Disclaimer: HomelandDefenseStocks.com does not make recommendations, but offers a unique information portal to investors to research news, articles, and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell any specific products or securities. All investments involve risk. Although we attempt to research thoroughly, we offer no guarantees as to the accuracy of any information presented. We encourage all investors to use our sites only as a resource to further their own research. All information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of ECON or its related web sites. The site is currently compensated for by its "featured companies." (TCNH) Technest Holdings, Inc. Seven Thousand Five Hundred dollars per month. (SNFX) Sniffex, Inc. - Five thousand dollars per month. (SEHO) Sense Holdings, Inc. Five thousand dollars per month plus Five thousand dollars equivalent in shares. www.InvestorIdeas.com/About/Disclaimer.asp

For more information contact:

Dawn Van Zant 800.665.0411
Ann-Marie Fleming 866.725.2554
Email: dvanzant@HomelandDefenseStocks.com, or afleming@HomelandDefenseStocks.com

Source: HomelandDefenseStocks.com; Sniffex, Inc. Sense Holdings, Technest Holdings
Company: HomelandDefenseStocks.com
Contact Name: Anne-Marie Fleming
Contact Email: afleming@homelanddefensestocks.com
Contact Phone: 866-725-2554

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