SEC BUILDS EXTENDED FAMILY THROUGH PARENT COMPANY’S ADVISORY BOARD ADDITION

KNOXVILLE, TN – September 22, 2008 Craven Crowell, former Chairman of the Tennessee Valley Authority (TVA), has been appointed to the Homeland Security Capital Corporation (HSCC) Advisory Board. Knoxville based Safety and Ecology Corporation (SEC), a subsidiary of HSCC, is energized about addition of Mr. Crowell.

Mr. Crowell brings more than 17 years of experience with TVA, having served as chairman for eight years under the Clinton Administration, and as vice president and member of the senior management team. Prior to becoming chairman of the TVA, he was chief of staff to U. S. Senator Jim Sasser, who was chairman of the Senate Budget Committee and later served as ambassador to the People's Republic of China.

HSCC President and SEC CEO Christopher Leichtweis commented, “The knowledge Craven brings to us from his background with TVA planning, security needs and nuclear decommissioning is invaluable. He will be an important asset in the continued development and progress of our business within the US federal government.”

About The Tennessee Valley Authority (TVA)
TVA is the nation’s largest public power provider and is completely self- financing. TVA provides power to large industries and 159 power distributors that serve approximately 8.8 million consumers in seven southeastern states. TVA also manages the Tennessee River and its tributaries to provide multiple benefits, including flood damage reduction, navigation, water quality, and recreation.

About Craven Crowell
Craven Crowell served for eight years as chairman of the Tennessee Valley Authority. He was appointed to the TVA Board of Directors by former US President Clinton, who designated him as TVA's 11th chairman following his confirmation by the U. S. Senate in 1993. Crowell retired from TVA in April 2001 after 25 years of federal government service.

In 2002, Crowell was appointed international economic advisor to the People's Government of the Hebei Province, China, by Governor Niu Maosheng. He was named honorary president of Hohai University, Nanjing, China, in 1997, becoming the first non-Chinese citizen to receive such an honor.

During his service at the TVA, Crowell focused primarily on upgrading the organization's operational systems and strengthening its financial position. At the time he retired, TVA's five nuclear units had achieved a reputation of excellence in the industry and were among the top performers in the U.S. All five had received the prestigious INPO 1 rating, the highest possible rating from the Institute of Nuclear Power Operations. Production costs for TVA's combined fossil, nuclear, and hydro units were among the best in the nation.

Crowell promoted TVA's international activities with global bond issues in Europe and Asia and business partnerships in China.

Since leaving TVA, Crowell has been a consultant specializing in energy and water resources.

Crowell is a native of Nashville, Tennessee, and received his bachelor's degree from Lipscomb University. Crowell served in the U.S. Marine Corps and was a commissioned officer in the Naval Reserve.

About Safety and Ecology Corporation (SEC)
SEC is a rapidly growing environmental services company in the U.S., providing services nationally, in Europe and the Caribbean. The Company specializes in the removal and remediation of hazardous nuclear materials for the U.S. Department of Energy, U.S. Department of Defense, and other federal agencies. SEC also provides advanced environmental services for private industry across the country and internationally. Since its founding in 1991, SEC has grown approximately 30 percent per year, and has emerged as a technology innovator with more than 420 personnel worldwide and with annual revenues of more than $55 million. For more information on SEC, please visit us: www.sec-tn.com.

About Homeland Security Capital Corporation
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. 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.