Homeland Security Capital Corporation (OTCBB: HOMS), a national provider of real estate services to banks, financial institutions and mortgage lenders announced today the rollout of a national property appraisal platform focused on the delivery of residential appraisal products, Timios Appraisal Management, Inc. (TAM). TAM's appraisal platform, headquartered in Pittsburgh, Pennsylvania, offers a centralized and customizable solution for clients with strict adherence to compliance requirements including Dodd Frank, Uniform Standards for Professional Appraisal Practice (USPAP), Financial Institution Reform, Recovery, and Enforcement Act (FIRREA), Fannie Mae, Freddie Mac, and Federal Housing Administration (FHA) guidelines.

C. Thomas McMillen, CEO of Homeland Security Capital Corporation commented, "We believe TAM, with over 50 years of combined appraisal management experience coupled with a state of the art technology platform and rigorous compliance will provide valuable and much needed appraisal services for our clients."

Trevor Stoffer, CEO of TAM commented, "I am excited to offer valuation products through the introduction of TAM and am equally pleased to introduce Mr. Corey Hulbert as the Senior Vice President of Operations. The Timios management team and I worked extensively alongside Mr. Hulbert in the past, and can readily confirm his dedication and vast experience within the industry."

Mr. Hulbert joined TAM in November 2011 and has assisted in developing and growing the Company's property appraisal subsidiary. Mr. Hulbert has extensive experience in the real estate services industry and has previously developed very successful appraisal operations for various companies. Mr. Hulbert spent several years as the Senior Vice President of Appraisal Operations at one of the nation's largest appraisal providers. He managed the appraisal account for one of the top three mortgage companies in the United States and was responsible for the creation of the company's wholesale division.

Corey Hulbert, Senior Vice President of Operations for TAM added, "We have developed a high quality property appraisal platform able to stand on its own, but also complement and contribute to the overall services provided by the Company."

The Company consolidates the results of its 80% owned subsidiary Fiducia Real Estate Services, Inc., which owns 100% of Timios, Inc., Timios Appraisal Management, Inc. and Default Servicing USA, Inc.

About Homeland Security Capital Corporation

Homeland Security Capital Corporation is a company engaged in the strategic acquisition, development, and consolidation of real estate service businesses. 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 operates businesses that provide real estate products and service 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 growth opportunities.

Homeland Security Capital Corporation's portfolio of companies includes:

Fiducia Real Estate Services, Inc. ("FRES") is a holding company that provides real estate products and services through its three wholly-owned subsidiaries: Timios, Inc. Timios Appraisal Management, Inc. and Default Servicing USA, Inc.

Timios, Inc. ("Timios") is a national title and escrow company licensed to conduct business in forty states and the District of Columbia. The company provides various products and services to banks, direct mortgage companies and mortgage servicing companies through utilizing advanced technology in a paperless operating system. For more information about Timios, please visit www.timios.com.

Timios Appraisal Management, Inc. ("TAM") is a national appraisal management company providing property valuation services to banks, mortgage companies, portfolio managers and investors. TAM manages a national network of appraisers and utilizes advanced technology to deliver quality controlled products in a paperless environment. For more information about TAM, please visit www.timios.com.

Default Servicing USA, Inc. ("DSUSA") is national asset management company providing a full range of services in the real estate owned (REO) industry to banks, financial institutions, investors and mortgage companies. DSUSA manages the disposition of REO properties from eviction to closing of the sale, ensuring the highest return on value through utilizing advanced technology in a paperless environment. For more information about DSUSA, please visit www.defaultservicingusa.com.

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.

Homeland Security Capital Corporation
Sarra Reyes, 703-528-7073
sreyes@hscapcorp.com