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Homeland Security Capital Corporation’s Security Integrator Subsidiary, Nexus Technologies Group Awarded $300,000 in Security Work at a Nuclear Power Generating Facility

Homeland Security Capital Corporation “HSCC” (OTCBB: HOMS), an international provider of specialized technology-based radiological, nuclear, environmental, disaster relief and security solutions to government and commercial customers, announced today that its subsidiary, Nexus Technologies Group (“Nexus”), a mid-Atlantic security integrator for the corporate and governmental security markets, has been awarded two contracts totaling approximately $300,000 for services and equipment to facilitate the upgrade and expansion of the security system at a large east coast nuclear power generating facility.

“Nexus continues to pursue projects and win contracts while increasing its geographic footprint and industry diversity,” said Nexus CEO, Michael T. Brigante. “These awards are a result of our efforts to penetrate the region’s critical infrastructure expansion and security needs.”

Nexus has been issued two contracts from a large east coast nuclear power generating facility. The facility is currently upgrading and expanding its security system and Nexus is providing engineering, technical and project management services. Nexus will be deploying specialized technologies and supplying equipment to complete this work. The awards were based on Nexus’ technical abilities and expertise as well as Nexus’ previous experience implementing these technologies at other nuclear power generating facilities.

The award of these contracts is particularly significant because it represents additional security work performed for a major east coast utility that operates multiple nuclear power generating stations. In addition, the work being performed under these contracts is in a new geographic service area for Nexus, further expanding the Company’s area of service coverage in the Mid-Atlantic region.

“This project demonstrates our advanced engineering and technical abilities in a highly critical and sensitive area of security,” commented Nexus President, Robert Biscardi.

Completion of the work under these contracts is expected by the end of first quarter of fiscal 2010.

About Nexus Technologies Group

Nexus Technologies Group, a mid-Atlantic security integrator for the corporate and governmental security markets that specializes in non-proprietary integrated security solutions including access control, alarm, video, communication, perimeter protection and bomb and metal detection security systems. Utilizing cutting-edge technologies, Nexus provides innovative, engineered and scalable solutions to effectively protect people, property and assets. For more information about Nexus, visit www.nexusna.com.

About Homeland Security Capital Corporation

Homeland Security Capital Corporation is a company engaged in the strategic acquisition, development, and consolidation of homeland security-related businesses, within the fragmented homeland security industry. The company is focused on creating long-term value by taking controlling interest and developing its subsidiary companies through superior operations and management. The company is headed by former Congressman C. Thomas McMillen, who served three consecutive terms in the U.S. House of Representatives from the 4th Congressional District of Maryland. Homeland Security Capital Corporation operates businesses that provide homeland security products and services solutions, growing organically and by acquisitions. The company is targeting emerging companies that are generating revenues but face challenges in scaling their businesses to capitalize on homeland security opportunities.

Homeland Security Capital Corporation’s portfolio of companies, in addition to Nexus Technologies Group, includes:

Safety and Ecology Corporation (SEC) is a rapidly growing environmental services company in the U.S., providing services nationally, in Europe and the Caribbean. The Company specializes in the removal and remediation of hazardous nuclear materials for the U.S. Department of Energy, U.S. Department of Defense, and other federal agencies. SEC also provides advanced environmental services for private industry across the country and internationally. Since its founding in 1991, SEC has grown approximately 30 percent per year, and has emerged as a technology innovator with more than 450 personnel worldwide and with annual revenues of more than U.S. $70 million. For more information on SEC, visit www.sec-tn.com.

Polimatrix, Inc., a system integrator and total solutions provider delivering advanced radiation and nuclear protection and detection services. The company has been operating since September 2006 as a joint venture between Homeland Security Capital Corporation and Polimaster, Inc. For more information about Polimatrix, visit www.polimatrix.com.

For more information about Homeland Security Capital Corporation, visit www.hscapcorp.com.

Forward-Looking Statement

This release includes certain statements that may be deemed to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future activities, performance, events or developments, are forward-looking statements. Although Homeland Security Capital Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements.

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