Software Sales!

Today is the day where the rubber hits the reoccurring revenue road. Before today, HISS’s revenue stream consisted of margin on the hardware sales of the CT line and accessories and a small amount from sales of the data pipeline. Today we have all of those things along with the ability to bill our own software. This process allows us to collect a portion of the revenue billed and add it to our bottom line, rather than all of it going to the software vendor. We have only been doing this for a few weeks and already have had an incredible response to our offering. We have already had committed over $20,000.00 annually of reoccurring revenue on the system and currently have 10 active demos going with new customers. With the addition to our own software we now have 3 avenues of revenue, hardware, software and (pipeline) Kore. From a software sale, we are now able to add software to the deal and vice versa on the hardware. It seems like a winner for everyone. We are still carrier and software agnostic, in other words we will still sell on any network and use any software. This is a giant step in the right direction for HISS

CT-100

The CT-100 is something that we have been working on for the last few months. Currently the CT100 only runs on Sprint/Nextel networks. It works using a combo of GPS satellites and cellular triangulation. Since it does not have to have a clear view of the sky, it can be worn on a belt or placed in a backpack and still send accurate positions. The CT100 is currently in the field being used by real customers and is in its final stage of testing. The customers that are using/testing the CT100 need it for a variety of reasons; one customer is using them to track small parts on large campuses and another is using the device for child safety by placing the CT100 inside a child's backpack. We expect that many more uses for the device will come forward as it gets greater exposure in the field.

Contract with Sky Shield

I couldn't wait for this news to come out this morning. Our team has been working very hard to secure a contract with Sky Shield! I can't go into all the details of the solution, but basically HIISS is being paid to integrate our Cyber Tracker technology into a full bus solution. The solution will include a Cyber Tracker, RFID and Video. I am very excited to begin working on this project as we have lots of experience in integration of different products. This is a great step for us in securing a contract to provide a full solution. We expect the entire solution to be completed in the next 90 -120 days. ( bearing in mind no changes are made to the scope of work) We will be having weekly progress calls with Sky Shield to update them on our progress and after the solution has been built we will do a live field test in school busses. Its a very exciting Monday!