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Homeland Security Capital Corporation Announces Third Quarter 2010 Earnings Release, Conference Call And Webcast Schedule

Homeland Security Capital Corporation (OTCBB: HOMS), an international provider of specialized technology-based radiological, nuclear, environmental, disaster relief and security solutions to government and commercial customers, will release its financial results for the third quarter of 2010 ending March 31, 2010 on Tuesday, May 18 th. The financial results will be released over the news wire and will also be posted to the HOMS corporate website.

Homeland Security Capital Corporation will conduct a conference call hosted by C. Thomas McMillen, Chairman and CEO, Michael Brigante, CFO and Christopher Leichtweis, President of HOMS and CEO of Safety and Ecology Corporation, an HOMS subsidiary, on Wednesday, May 19 th at 9:00 am, Eastern Time.

Participants are invited to join the live conference call by dialing:US (Toll Free) (877) 407-8031International: (201) 689-8031

A replay of the call can also be accessed by calling (877) 660-6853 in North America, or +1-201-612-7415 internationally, and entering the following access codes: Account #: 286 and Conference ID: 350542. The replay will be available until Wednesday, May 26, 2010, at 11:59 p.m. ET.

A live webcast of the conference call will be available on the investor relations section of the HOMS corporate website at www.hscapcorp.com. Please visit the website at least 5 minutes early to register for the webcast . The conference call can also be accessed at www.InvestorCalendar.com. The webcast will be available for replay through August 19, 2010

About Homeland Security Capital Corporation (HOMS)

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 4 th Congressional District of Maryland. HOMS 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.

HOMS’s portfolio of companies includes:

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