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Homeland Security Capital Corporation Opens Pittsburgh Office

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 environmental remediation subsidiary, Safety and Ecology Corporation (SEC) has opened an office in Beaver, Pennsylvania about 20 miles Northwest of Pittsburgh, near Pittsburgh International Airport. The office address is 325 Beaver Street, Suite 3, Beaver, PA 15009.

This central location within the Northeast US provides strategic proximity to large US Army Corps of Engineers offices in Buffalo and Baltimore, and many industrial sites in the northeast.

The office will provide SEC’s core offerings throughout the northeast US as well as serving worldwide clients as a Center of Excellence for Health Physics (HP), Environmental and Decommissioning Services. Currently 25 active projects are being managed through this office under the direction of Andrew J. Lombardo, SEC’s Director of Professional Services.

Expanding upon SEC’s years of federal experience, the SEC Pittsburgh Office is positioned to further develop services with new and existing industrial and private sector clients, such as CBS and WR Grace. Recent awards include NASA Plum Brook Reactor Facility located in Sandusky, Ohio; DOE Separations Process Research Unit (SPRU) located in Niskayuna, NY; HP support to the Buffalo Army Corps of Engineers, and numerous Pittsburgh area contracts.

During the grand opening, Andrew J. Lombardo commented, “a true discriminator is our winning combination of high-level seasoned experts, pooled with the support of the SEC infrastructure. This synergy permits our ability to win work and continue to maintain high customer service ratings through localized professional support.”

While describing the significance of the Northeast office, SEC President Mark Duff commented, “under Lombardo’s leadership, the Northeast operations is positioned for substantial growth over the next five years, based on our comprehensive offering, our long term relationships and performance record for commercial and government clients.” SEC is also further poised to meet business plan goals supporting stimulus projects from the government sector.

Having joined SEC in 2007, Mr. Lombardo, certified in the practice of Comprehensive Health Physics (CHP), brings 28 years of relevant experience. Lombardo has an MS in Health Physics from the University of Pittsburgh and a BS in Natural Sciences form Indiana University of Pennsylvania.

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. Former Maryland Congressman C. Thomas McMillen, who served three consecutive terms in the U.S. House of Representatives from the 4th Congressional District of Maryland, heads the company.

Homeland Security Capital Corporation’s portfolio of companies include:

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.

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.

For more information about Homeland Security Capital Corporation, or to be added to our e-mail distribution list, please 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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