Security & Protection Services Composite Value Continues Positive Trend - Company Completes Second Airport Installation
CORAL SPRINGS, Florida, May 6, 2014 /PRNewswire/ --
Security companies complete new installations, reorganize and increase production for expansion with enhanced surveillance systems: DirectView Holdings, Inc. (OTCQB: DIRV), The ADT Corporation (NYSE: ADT), Tyco International Ltd. (NYSE: TYC), The Brink's Company (NYSE: BCO), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) and Checkpoint Systems Inc. (NYSE: CKP)
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 second custom surveillance installation for Helicopter Flight Services ("HeliNY") at their Linden Airport facilities. Helicopter Flight Services operates its reservations and operations center as well as its hangar for aircraft maintenance and storage out of Linden Airport. DirectView designed a custom surveillance installation including stationary cameras, pan, tilt and zoom cameras, and IP NVR 24/7 storage. DirectView also provided fully encrypted remote access and control features using its proprietary DirectView App software. The software enables full camera control and viewing of NVR data from any mobile device with an internet connection.
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Helicopter Flight Services 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 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 jet services. Commenting on the announcement, Roger Ralston, CEO and Chairman of DirectView, stated, "We are pleased to complete a second installation for Helicopter Flight Services at Linden Airport. This location serves as the nerve center for their operations and further demonstrates our ability to provide customized security and surveillance services for transportation industry clients. We look forward to continuing to build our relationship with Helicopter Flight Services as we seek to establish a foothold and grow our revenues in this important business vertical."
The ADT Corporation (NYSE: ADT) recently announced it has teamed up with home and lifestyle expert Sabrina Soto to offer advice on transforming a house into a home, while making the process less stressful and more enjoyable. From creating a move-day plan to making a new home feel safe and secure, homeowners are faced with a seemingly endless to-do list that can weigh on the minds of even the most organized. In fact, moving has been named the most stressful planned life event in a recent study, but with preparation and prowess it doesn't have to be the daunting task that many people envision. To kick off the campaign, starting today, Sabrina and ADT are showing people how to prepare, move and settle into their new home, while extending an invitation to submit a photo of a room that deserves a house-to-home makeover in the #MoveInMakeover contest. Enter the contest at http://www.facebook.com/adt for a chance to win $1,000, an ADT Pulse® home security and automation system, and a video chat with Sabrina about your house-to-home design inspiration and ideas.
Tyco International Ltd. (NYSE: TYC) recently announced that its Board of Directors has approved a proposal to change the company's place of incorporation from Switzerland to Ireland. Tyco expects to ask shareholders to vote on the proposal at a special general meeting of shareholders. "After a thorough review, our Board has concluded that a move to Ireland is in the best interests of Tyco's shareholders," said Tyco Chief Executive Officer George Oliver. "Businesses have the best opportunity to thrive in stable, predictable environments. Ireland's business-friendly atmosphere and its well established legal and regulatory framework and corporate governance standards provide Tyco with the most favorable conditions for maximizing returns for shareholders over the long term, and this move is a logical next step in building on our expanded presence in Ireland." With its new business services center in Cork announced in January, Tyco's total employment in Ireland could reach 700 or more over the next three years.
The Brink's Company (NYSE: BCO) a global leader in security-related services, recently reported first-quarter earnings. First-Quarter Highlights: Total revenue up 4% (11% organic), EPS loss ($1.19) vs $.06. $122 million write-down ($1.51 per share) of net monetary assets in Venezuela due to currency devaluation (excluded from Non-GAAP results). $55 million segment loss vs $34 million profit due to asset write-down in Venezuela. 2013 results include Belgium theft loss ($19 million pre-tax). Latin America loss of $75 million vs profit of $23 million due to asset write-down in Venezuela. EMEA profit $15 million vs $9 million and North America $1 million profit vs $2 million loss. Read the full report at http://finance.yahoo.com/news/brinks-reports-first-quarter-results-122600374.html
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) a leading National Security Solutions provider, recently announced that its Public Safety & Security (PSS) Division has won a $7.3 million change order under one of its existing critical infrastructure security system contracts. Under the contract modification and scope increase, Kratos will provide additional equipment and services related to an electronic security system deployment for a mass transportation authority in a major city in the United States. Kratos' PSS Division designs, engineers, deploys and integrates into command and control infrastructure sophisticated security systems for the protection of critical infrastructure, strategic assets and public venues in the United States. Due to customer specific and other considerations, no additional information will be provided related to this contract award. Ben Goodwin, President of Kratos' PSS Division, said, "The entire PSS organization is focused on supporting this critically important mass transportation customer, and we are committed to delivering our security solutions on schedule, on budget and exceeding our customers' expectations. Kratos' PSS business has recently received a number of new security system deployment contract awards, including in the mass transportation and metropolitan protection areas, and we are expecting significant growth for our business in 2014. "
Checkpoint Systems Inc. (NYSE: CKP) recently announced a reorganization of its global leadership team with a heightened focus on growth. Farrokh Abadi, President and Chief Operating Officer, Merchandise Availability Solutions, has been given an expanded role to lead Strategy and Corporate Business Development. Mr. Abadi has ten years of experience at Checkpoint in a variety of roles that make him uniquely qualified for this challenge. In this capacity, he will lead efforts to identify, select and execute new partnerships, joint ventures and acquisitions to drive inorganic growth. Checkpoint also announced the appointment of Uwe Sydon as Senior Vice President Innovation. This is a new role for Checkpoint, moving innovation to the senior leadership team reporting to President and Chief Executive Officer, George Babich. Mr. Sydon will join Checkpoint on May 27, 2014. He most recently served as Vice President of Product Management for BlackBerry (RIM) in Canada. Prior to his work with BlackBerry he held a variety of innovation and product management leadership positions in Siemens AG and Nokia Siemens Networks. Mr. Sydon will lead internal product development and innovation to drive organic growth for Checkpoint.
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