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Homeland Security Capital Corp. sells subsidiary Security Holding Corp.

Homeland Security Capital Corporation, a company focused on acquiring, developing and consolidating homeland security-related businesses, announced today that it has completed the sale of its majority- owned subsidiary, Security Holding Corp. (SHC), to Vuance Ltd. (formerly SuperCom Ltd.), a provider of incident management and active RFID solutions, for approximately US$5.1 million in Vuance stock.

Security Holding Corp., which was formed by HOMS in August 2006, wholly owns two operating companies SecurityInc, LLC and AutoAccess ID Security Solutions, Inc.

 

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