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, announced today that its Chairman and CEO C. Thomas McMillen conducted an entertaining and thought provoking interview with Gary Williams, Head Basketball Coach at the University of Maryland. The interview is part of a series of podcasts entitled "Tom McMillen's One on One” which features lively discussions about sports, politics and business. Some of the topics covered in this session include: paying stipends to college basketball players; allowing college players to go professional and then return to college; promoting leadership qualities in college sports; and preparation of college players for life after retiring from sports.

Since returning to the College Park campus in 1989, Gary Williams (Maryland '68) has led his alma mater's basketball program to national prominence. With 13 NCAA Tournament berths in the last 16 seasons, and the 2002 national championship - the first in Maryland basketball history - Williams has raised Maryland to the top level in college basketball and his 17 year 20-win seasons places him among the top ten among active coaches.

Mr. McMillen, a former Maryland Congressman and NBA basketball player, said, "I am fortunate to have enjoyed a professional career as a basketball player, Congressman and businessman and this allows me to bring to online talk radio my own unique perspective on important issues and to invite my friends and colleagues to join in the discussion. Given the focus on money and college sports, I wanted to explore with my friend, Gary Williams, the way forward to help athletes profit from their talents while still getting a good education.”

Tom McMillen has served as HOMS ' Chairman & CEO since August 2005. Previously, he was appointed by President Clinton to Co-Chair the President's Council on Physical Fitness and Sports from 1993 to 1997. From 1987 through 1993, McMillen served three consecutive terms in the United States House of Representatives from the 4th Congressional District. McMillen graduated from the University of Maryland with a BS in Chemistry. He earned a BA and MA from University College, Oxford University as a Rhodes Scholar.

The interview can be accessed by visiting http://www.hscapcorp.com/blog/.

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.

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 HOMS 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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