12/23/2005 - HS3 Technologies Inc. (HS3) (OTCBB: HSTT) announced that it has executed a contract with independent hotel operator Larken, Inc. of Cedar Rapids, Iowa to install HS3's proprietary hotel video surveillance system. The execution of this contract completes the Letter of Intent that was executed by both entities on Dec. 5, 2005. HS3 will provide the Larken properties Hotel Security Surveillance services for 2 years.
HS3 Technologies will commence installation the week of January 9, 2005 of its proprietary satellite-based hotel video surveillance system at Larken's Sheraton Hotel in Springfield, Missouri. HS3's real-time video security system will allow local hotel management access to security video surveillance, but more importantly enable senior management in Cedar Rapids, IA remote access to monitor hotel security and employee productivity.
From its headquarters in Cedar Rapids, IA, Larken, Inc. operates and manages hotels across the United States. In addition to the Sheraton in Springfield, MO and the Holiday Inn in Dubois, PA, the company operates the Clarion in Bloomington, MN and the Holiday Inn in Lakewood, Colorado.
Mr. Mark Lana, CEO of HS3 Technologies stated, "We are very pleased with this agreement. The deployment of this installation in the hospitality arena will give us a real-time, real environment working model for all of prospective new clients to review and test our technology. We anticipate this is the beginning of many future installations in the hospitality sector."
About HS3 Technologies
HS3 provides "best of breed" proprietary homeland security surveillance products that broadcast real-time video and data on the new cost-effective, higher-speed satellite Ka-band. HS3 products coupled with the Ka-band platform provides customers with a complete, one-stop solution to current and future high-speed Internet and surveillance needs. HS3 can supply high-speed satellite Internet access and integrated security technologies to any location in the country, at higher speeds and lower costs. The combination of technologies, in an integrated system, is capable of securely transmitting information, high speed Internet, random numerical biometric authorization and remote security systems for multiple users at distant locations is unique and gives HS3 a competitive advantage.
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