CORAL SPRINGS, Florida, August 4, 2015 /PRNewswire/ --
Security, video surveillance, body-worn cameras continue to play a key role in commercial and governmental applications coupled with technological improvements that are driving revenue opportunities for advanced security providers, video camera makers & technology products developers. Current developments and new announcements of note for today's leading tech companies include DirectView Holdings, Inc. (OTC: DIRV), TASER International Inc. (NASDAQ: TASR), Digital Ally, Inc. (NASDAQ: DGLY), Canon U.S.A. Inc. (NYSE: CAJ), GoPro, Inc. (NASDAQ: GPRO) and Tyco International Ltd. (NYSE: TYC).
DirectView Holdings, Inc. (OTC: DIRV), a company focused on ownership and management of leading video and security technology companies, today announced the engagement of Sands Consults, LLC. ("Sands Consults"), a Florida based management consulting firm, to assist the Company with its strategic business development efforts. For over ten years, Sands Consults has provided management consulting services across a broad spectrum of industries and has successfully introduced key strategic partnerships, acquisitions and other critical business development opportunities for its clients. Beginning in 2014, DirectView has worked to expanded its security business in several areas in an effort to broaden its customer base. The Company has designed security solutions specifically tailored for the Cannabis industry and most recently law enforcement through the anticipated launch of its body-worn-cameras. It has also entered into a number of strategic partnerships to broaden product offerings and leverage sales opportunities in these areas. The Company sees the engagement of Sands Consults as a further progression of its strategy to drive organic revenue expansion while opportunistically seeking external growth opportunities in the coming years.
Read the full DIRV Press Release at http://www.financialnewsmedia.com/profiles/dirv.html
Roger Ralston, CEO and Board Chairman of DirectView, said, "We are very excited to engage Sands Consults to explore further strategic business development opportunities. We believe we are positioned in the right place at the right time to grow our security business on numerous fronts. We intend to work diligently to drive organic sales growth while aggressively seeking opportunities to accelerate that growth through synergistic partnerships and business expansion. We look forward to working with the team at Sands Consults to build on the promising future here at DirectView for the benefit of our Company and its stockholders."
In the video, body-worn, digital imaging space with recent developments & financial reporting: TASER International (NASDAQ: TASR) recently announced large orders of its Axon body-worn video cameras and Evidence.com solution, a back-end digital evidence management system. These orders were received in the second quarter of 2015 and shipped in the second quarter or are expected to ship in the third quarter of 2015- "We're continuing to see accelerated adoption of our Axon platform as more police forces choose our best-in-class body cameras and digital evidence management solution, Evidence.com," says Rick Smith, CEO and Founder of TASER.
Digital Ally, Inc. (NASDAQ: DGLY), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial applications, announced last month that it has received large orders from the Alamosa Police Department in Colorado and Camden County Police Department in New Jersey. These agencies awarded contracts to Digital as a result of a competitive bid process. Alamosa Police Department in Colorado awarded a contract to Digital Ally for 25 "Complete Package" systems as well as camera systems for their interview rooms. The Complete Package includes the DVM-800, FirstVu HD, and VuLink™. The DVM-800 is Digital Ally's top of the line in-car video system. It is smaller, more powerful and easier to use than its predecessors and represents a continuation of the highly successful digital video mirror platform.
Canon U.S.A. Inc. (NYSE: CAJ), a leader in digital imaging solutions, last week introduced the Company's first multi-purpose camera, the new ME20F-SH, which delivers exceptionally high sensitivity to capture Full HD video with a minimum subject illumination of less than 0.0005 lux1 (at maximum 75 dB gain setting, equivalent to an ISO sensitivity of over 4,000,000). Nighttime surveillance and security, cinematic production, reality television, and nature/wildlife documentaries are just some of the ME20F-SH's many possible usage applications. With the ability to capture color video in extreme low-light conditions and its simplistic and versatile design, the ME-20F-SH Multi-purpose Camera can be easily incorporated into existing infrastructures and systems to provide high-quality video capture even where subjects might not be seen with the naked eye.
GoPro, Inc. (NASDAQ: GPRO), maker of the world's most versatile camera and enabler of some of today's most immersive and engaging content, recently announced financial results for its second quarter ended June 30, 2015 - Revenue of $420 Million, Up 72% Year-Over-Year Non-GAAP EPS of $0.35, Up from $0.08 a Year Earlier GoPro Now Sold in More than 40,000 Stores Worldwide - Read the full release athttp://finance.yahoo.com/news/gopro-announces-second-quarter-2015-200500236.html
Tyco (NYSE: TYC) late last week reported $0.44 in GAAP diluted earnings per share (EPS) from continuing operations for the fiscal third quarter of 2015 and diluted EPS from continuing operations before special items of $0.59. Revenue of $2.5 billion in the quarter decreased 6% versus the prior year, primarily due to a 7% negative impact of the stronger U.S. dollar against foreign currencies. Organic revenue declined 1% in the quarter. Acquisitions contributed 2 percentage points of growth, which was partially offset by the impact of a divestiture. Tyco Reports Third Quarter 2015 Earnings From Continuing Operations Before Special Items of $0.59 Per Share and GAAP Earnings of $0.44 Per Share - Read the full report at http://finance.yahoo.com/news/tyco-reports-third-quarter-2015-100000544.html
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