HS3 Technologies Cuts Deal with Larken, Inc.
2-Year Hotel Security Surveillance Agreement
DENVER, CO, December 20, 2005. HS3 Technologies Inc. (HS3) announced today 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."
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