Infrastructure projects drive revenue growth
Homeland Security Capital Corporation, a provider of specialized technology-based radiological, nuclear, environmental, disaster relief and security solutions to government and commercial customers, announced Nexus Technologies Group (“Nexus”), a mid-Atlantic security integrator for the corporate and governmental security markets, has been awarded a contract and change orders totaling approximately US$150,000 for the design, engineering and installation of an integrated security system at a large municipality's public safety complex.
Nexus was originally hired to engineer and implement a complex integrated access control and video surveillance system for this multi-use public safety complex. Encompassing more than 250,000 square feet — including a police station, fire station, EMS station, 911 call center, courthouse and jail cells as well as several public areas — this project presented incredibly complex functionality, integration and connectivity challenges. In addition, the complex has several outlying buildings and Nexus is also integrating the operation of several gates and perimeter access devices.
After completion of the majority of the work, and a delay in the project due to financing issues, Nexus has been re-engaged to complete the installation and commissioning of the access control and video surveillance systems at the facility. The highly specific and complex requirements of the building's design and the diverse nature of the occupants required a highly engineered, multifunctional security solution that is a Nexus core competency.
Completion of the work under this contract is expected by the end of first quarter of fiscal 2010.
In addition, the dollar amount of the security upgrade work that Nexus was engaged to perform at a nuclear power generating station reported on August 20 has been increased by 70 percent from $100,000 to $171,000. The increase in this contract represents Nexus' continued expansion of its relationship with this owner of multiple nuclear generating stations.
Completion of the work at the nuclear generating station is expected by the end of the second quarter of fiscal 2010.
Michael Brigante, Nexus CEO, said, “These are two excellent examples of Nexus' ongoing commitment to its customers. Our
customer satisfaction programs, with our application of new technologies, unique design capabilities and cost efficiencies continue to make Nexus the provider of choice for complex projects.”