NEW YORK, Aug. 20, 2015 /PRNewswire/ -- DirectView Holdings, Inc. (OTC: DIRV) ("DirectView" or the "Company"), a company focused on ownership and management of leading video and security technology companies, today announced the Company has received an initial purchase order from a New York based construction management company to install comprehensive surveillance, access control and communications systems at an office building located on Park Avenue.
The installation is part of a complete building renovation project and will include multiple megapixel IP camera arrays, NVR's, VMS, card access control systems and a security communications network. The initial purchase order is valued at approximately $300,000 and the Company anticipates completing the installation by the end of 2015. DirectView is also contracted to provide warranty and support services on different aspects of the installation ranging from a period of two to ten years. The project site is comprised of two office buildings and Company looks forward to the potential of additional surveillance business opportunities as future planned renovations take place and new tenants lease spaces.
Roger Ralston, CEO and Board Chairman of DirectView, said, "We are very excited to have been selected to provide these systems for this prestigious Park Avenue project. In winning this business we competed against some very large local and national companies and gained an excellent opportunity with a major construction management company in New York for future business opportunities. We look forward to completing this installation and forging a long standing relationship with building management as we continue to gain momentum in our security and surveillance business."
About DirectView Holdings, Inc.
DirectView Holdings, Inc., together with its subsidiaries, provides video surveillance solutions and teleconferencing products and services to businesses and organizations. The company operates in two divisions, Security (Video Surveillance) and Video Conferencing. The Security division offers technologies in surveillance systems providing onsite and remote video and audio surveillance, digital video recording, and services. It also sells and installs surveillance systems; and sells maintenance agreements. The company sells its products and services in the United States and internationally through direct sales force, referrals, and its Websites. The Video Conferencing division offers teleconferencing products and services that enable clients to conduct remote meetings by linking participants in geographically dispersed locations. It is involved in the sale of conferencing services based upon usage, the sale and installation of video equipment, and the sale of maintenance agreements. This division primarily provides conferencing products and services to numerous organizations ranging from law firms, banks, high tech companies and government organizations. For more information visit our website at www.DirectView.com and connect with us on Twitter, LinkedIn, Facebook, and Google+.
Cautionary Statement Regarding Forward Looking Statements
Forward Looking Statements: This press release contains forward-looking statements that involve a number of risks and uncertainties, including statements regarding the outlook of the Company's business and results of operations. By nature, these risks and uncertainties could cause actual results to differ materially from those indicated. Generally speaking, any statements using terms such as "will," "expect," "anticipate," or "may," or which otherwise predict or address future results or events, are likely to contain forward-looking statements. It is important to note that actual results may differ materially from what is indicated in any forward-looking statement. Readers should consider any forward-looking statements in light of factors that could cause actual results to vary. These factors are described in our filings with the SEC, and readers should refer to those filings, including Risk Factors described in those filings, in connection with any forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE DirectView Holdings, Inc.