GOLDEN, Colo.--(BUSINESS WIRE)--June 13, 2006--Isonics Corporation (Nasdaq:ISON - News), a provider of innovative solutions for the homeland security and semiconductor markets, announced today that its Homeland Security and Defense Corporation subsidiary has entered into a definitive agreement with privately-held ISCON Video Imaging, Inc. (“ISCON”), which gives its HSDC subsidiary the right to acquire up to 51% equity ownership in the company in a series of defined investments based on successful completion of developmental and commercial milestones.
