The inaugural Homeland Security Investor Conference in early December proved a success by attracting more than 300 attendees that included many well-known names in the Security and Defense industry and the investment community.
CompuDyne, CoreStreet, RAE Systems, L1 identity and Allied Defense were among more than 20 companies that presented their business products and services to Large Global Security Companies, Investors and Private Equity Groups, and Prime Government Security & Defense Contractors. The one-day, invitation only event was held Dec. 5, 2006 at the Ritz-Carlton in Washington, D.C.
“The audience was the who’s who of the investment community that we serve,” said Geoffrey Feidelberg, Chief Financial Officer of CompuDyne. “Everyone was there that we wanted to be there – the investment side, the potential partner side, the government side.”
Presenting companies were aligned within six sectors in the homeland security market. Those markets include: Port Security & Border Control, Intelligence & Data Management, Countering Weapons of Mass Destruction, Disaster Preparedness & Response, Critical Infrastructure Protection and Identity Solutions
Penrose “Parney” Albright, Managing Director of Civitas Group and former Assistant Secretary of Homeland Security for Science and Technology, was the keynote for the event. In his speech, Albright told attendees that opportunities abound for companies within the Department of Homeland Security, especially as government officials at the state and local levels look to DHS to lead the way. However, solution providers need to develop products for the DHS market that are reliable, with few false alarms, and require little maintenance.
CapitalSource, Civitas Group and USBX Advisory Services – each a leader in their respective finance, strategic consulting, and investment banking markets – established this conference to provide investors a first look at new investment opportunities from companies developing in-demand products and services in the Security and Defense industry. The conference also provided government agencies insight into new technology and business solutions.