Carrollton,
Texas – October 31, 2007 – Integrated
Security Systems, Inc. (OTCB:IZZI) today announced that C. A.
Rundell, Jr. has retired as Chairman of the Board effective
October 31, 2007. The Board elected Mr. Russell Cleveland to
assume the responsibilities of Chairman. Mr. Rundell will
continue to work with Mr. Cleveland and Jay Foersterling,
President and CEO, as an advisor to the Company.
Mr. Rundell stated, “I believe the Company is on good footing
with positive cash flow and an outlook that suggests achievement
of its potential. This should reward shareholders, customers
and employees appropriately.”
Mr. Cleveland stated, “I appreciate the service and guidance
Mr. Rundell has given the Company. We look forward to
continuing progress.”
Mr. Cleveland
has been a Director for the Company since February 2001. Mr.
Cleveland is the President, Chief Executive Officer, sole
Director and the majority shareholder of Renaissance Capital
Group, Inc. He has served as President, Chief Executive Officer
and director of Renaissance Capital Growth & Income Fund III,
Inc. since its inception in 1994. Mr. Cleveland is a Chartered
Financial Analyst with more than 41 years experience as a
specialist in investments for smaller capitalization companies.
Mr. Cleveland has also served as President of the Dallas
Association of Investment Analysts. He serves on the Boards of
Directors of Renaissance US Investment Trust PLC, CaminoSoft
Corp., Cover-All Technologies, Inc. and Tutogen Medical, Inc.
Mr. Cleveland is a graduate of the Wharton School of Commerce
and Finance of the University of Pennsylvania.
About ISSI
Headquartered in Carrollton, Texas, ISSI is a technology
company that provides products and services for homeland
security needs. ISSI also designs, develops and markets safety
equipment and security software to the commercial, industrial
and governmental marketplaces. ISSI’s Intelli-Site® provides
users with a software solution that integrates existing
subsystems from multiple vendors without incurring the
additional costs associated with upgrades or replacement.
Intelli-Site® features a user-defined graphics interface that
controls various security devices within one or multiple
facilities. ISSI is a leading provider of anti-terrorist
barriers, traffic control and safety systems within the road and
bridge and perimeter security gate industries. ISSI designs,
manufactures and distributes warning gates, lane changers,
airport and navigational lighting and perimeter security gates
and operators. ISSI conducts its design, development,
manufacturing and distribution activities through three wholly
owned subsidiaries: B&B ARMR, Intelli-Site, Inc. and DoorTek
Corporation. For more information, please visit
www.integratedsecurity.com,
www.bb-armr.com
www.bbroadway.com
www.intelli-site.com, or
www.doortek.com.