Tourism is a massive economic driver of the Arecibo economy. Every year over 300,000 visitors from all over the world visit the Arecibo Observatory – the world's largest single-dish radio telescope. "The Birth of the New World," an enormous statue of the explorer Cristopher Columbus, dedicated on the coast of Arecibo, is also expected to draw tourists to the area.
"The Municipality of Arecibo in Puerto Rico is committed to the safety of tourists and citizens through the use of world-class technology," said Lcdo. Esdras Velez, Secretary of the Municipality of Arecibo, Puerto Rico.
COPsync CEO Ronald A. Woessner stated, "COPsync911 is the world-class technology that can help keep the community safer. There is an enormous customer opportunity in Puerto Rico for the Company's suite of products and services. The Puerto Rico Police Department is the second largest police force in the United States and U.S. territories, with approximately 17,000 police officers. The COPsync Network can help these officers guard against violence and terrorism and keep the Commonwealth safer. Moreover, the COPsync system's 21st century electronic reporting and activity monitoring tools could assist the department in implementing contemplated police department reforms."
Mr. Woessner continued, "There appears to be customer appetite for the COPsync suite of products and services among other countries in the Caribbean, in addition to Puerto Rico. The Company believes its collaboration with UN Ambassador Jack Brewer, who has done extensive humanitarian work in the region, will be helpful in pursuing these customer opportunities. More information about COPsync's plans for expansion throughout the Caribbean will be provided as events unfold."
About COPsync, Inc.
COPsync, Inc. (NASDAQ: COYN) is a technology company that connects law enforcement officers across the nation, so they can communicate and share mission-critical information in real-time. This saves officers' lives and keeps the public safer; helps law enforcement officers catch common criminals and stop child kidnappings, vehicle thefts, bank robberies and other crimes in progress, and arms the nation's law enforcement officers with needed information so they can help defend against terrorism. For more information, go to www.copsync.com.
Safe Harbor Statement
Statements in this press release that are not purely historical facts or that depend upon future events, including statements about forecasts of earnings, revenue, product development, sales, proposed financing transactions or other statements about anticipations, beliefs, expectations, intentions, plans or strategies for the future, may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. For example, statements containing words like "expect," "anticipate," "potential," "expects," "believe," "confident," "estimated," "future," "plan," "planning," "projected," "strategy," "pursuing," "objective" and other similar terms, express management's current views concerning future events, trends, contingencies or results, which may be considered forward-looking statements. Specifically, the statements, "There is an enormous customer opportunity in Puerto Rico for the Company's suite of products and services"; "There appears to be customer appetite for the COPsync suite of products and services among other countries in the Caribbean, in addition to Puerto Rico" and "The Company believes its collaboration with UN Ambassador Jack Brewer, who has done extensive humanitarian work in the region, will be helpful in pursuing these customer opportunities." These and other similar statements are highly dependent on the Company's ability to successfully leverage its associations and execute its business and sales strategy in Puerto Rico and other similarly situated territories. All forward-looking statements are based on information available to the Company on the date this release was issued. The Company undertakes no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Any forward-looking statements involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, including risks or uncertainties related to the Company's ability to succeed in its sales strategy, raise sufficient capital, maintain its NASDAQ listing or succeed in its business strategy, which may adversely affect the Company's business and the value of an investment in the Company's stock. The Company may not succeed in adequately addressing and managing these and other risks. Further information regarding factors that could affect the Company's financial, operating and other results can be found in the risk factors section of the Company's Annual Report on Form 10-K for the year ended December 31, 2015, filed with the Securities and Exchange Commission.
Everest Corporate Advisors, Inc.
Ronald A. Woessner
Chief Executive Officer
Director of Media
and Investor Relations
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SOURCE COPsync, Inc.