Diversified Security & Protection Providers Moving Sector Upward - Company Completes Surveillance Installation for Elite New York Flight Service
CORAL SPRINGS, Florida, April 10, 2014 /PRNewswire/ --
Financial Market Updates for Security companies seeking to expand and diversify products to meet consumers' needs: DirectView Holdings, Inc. (OTC: DIRV), The ADT Corporation (NYSE: ADT), Tyco International Ltd. (NYSE: TYC), The Brink's Company (NYSE: BCO) and Cisco Systems, Inc. (NYSE: CSCO)
DirectView Holdings, Inc. (OTCQB: DIRV), a company focused on ownership and management of leading video and security technology companies, today announced that its wholly owned subsidiary DirectView Security has completed a custom surveillance installation at the elite New York City downtown heliport for Helicopter Flight Services, Inc. ("HeliNY"). HeliNY is the premier provider to thousands of clients from around the world. They provide not only tourist flights around Manhattan but they provide services to many of the people traveling to and from the prestigious New York Hamptons. In addition they provide services such as aerial photography and video, lift work for heavy items, contract work to various law enforcement agencies and additionally offer jet services.
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The system enables video monitoring of staff and passengers areas as well as air traffic on the helipad to enhance passenger safety. HeliNY is also becoming part of DirectView's recently announced VSS platform. The VSS platform will allow HeliNY to offer its passenger's family and friends from around the world specifically controlled access to see them depart and arrive in real-time.
The ADT Corporation (NYSE: ADT) recently announced at its offer to exchange new registered notes for the outstanding unregistered notes that it issued in October 2013 in a private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended. Under the exchange offer, ADT is offering to exchange (the "Exchange Offer") up to $1,000,000,000 aggregate principal amount of its outstanding $1,000,000,000 6.250% Notes due 2021 for a like principal amount of its new $1,000,000,000 6.250% Notes due 2021 (the "Exchange Notes"). The sole purpose of the Exchange Offer is to fulfill ADT's obligations under the registration rights agreement with holders of the unregistered notes. ADT will not receive any proceeds from the issuance of the Exchange Notes.
Tyco International Ltd. (NYSE: TYC) announced earlier this week that its remaining stake in Atkore International, the company's former electrical and metal products business, has been redeemed by Atkore in a cash transaction valued at approximately $250 million. Tyco previously sold a majority interest in Atkore to Clayton, Dubilier & Rice, LLC, in 2010.
The Brink's Company (NYSE: BCO) a global leader in security-related services, will host a conference call on Thursday, April 24, at 11:00 a.m. (ET) to review first-quarter financial results, which will be released earlier that day.The conference call can be accessed by calling (877) 870-4263 (in the U.S.) or (412) 317-0790 (international). Participants should call in at least five minutes prior to the start of the call. Participants can pre-register at http://dpregister.com/10043438 to receive a direct dial-in number for the call. The call also will be accessible via live webcast at http://www.Brinks.com.
Cisco Systems, Inc. (NYSE: CSCO) provides collaboration products comprising IP phones, call center and messaging products, unified communications infrastructure products, and Web-based collaborative offerings, as well as telepresence systems; and security products such as firewall, intrusion prevention, remote access, virtual private networks, unified clients, network admission control, Web gateways, and email gateways, which deliver identity, network, and content security solutions for mobile, collaborative, and cloud-enabled businesses. CSCO closed up slightly on Wednesday at $23.12 per share on over 37.8Million shares traded by the market close.
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