DALLAS, Nov. 17, 2016 /PRNewswire/ -- COPsync, Inc. (NASDAQ: COYN) announced today that the Company expects to have a greater impact on school safety and security in the months ahead. The COPsync911 threat-alert system safeguards schools and other high-risk buildings. The COPsync Network is an advanced communication system that protects citizens from violence and domestic terrorism. Security is increased with advance warnings of dangerous people and real-time notification of crimes in progress. COPsync solutions can save minutes when seconds count, save lives and protect citizens and communities.
Since the school shooting at Sandy Hook, a gun has been fired on school grounds nearly once a week. An active shooter at a school is one of the most horrifying realities that modern society faces. Many lives are at risk in a contained, defenseless space. An active shooter is unpredictable, and the situation can advance quickly. In the Columbine High School shooting, 13 people were killed, and 21 others were wounded in 16 minutes. In the first crucial minutes of a deadly threat incident on a school campus, before the police can arrive, teachers are the first responders.
At COPsync, we believe America's schools could be safer by arming teachers with technology. Schools that implement COPsync's reasonably priced teacher and faculty-driven school safety tools can improve communication between law enforcement and schools in a crisis. Law enforcement response times are reduced, all while leveraging technology to minimize cost.
The COPsync911 threat-alert system is activated by school faculty and staff when a threatening incident arises which allows the employees to send an immediate silent alert to all other employees, the local law enforcement dispatch center, closest patrol cars and on-duty law enforcement officers, even if they are away from their patrol car. The school staff, responding officers and the local dispatcher communicate about the incident as it unfolds via a "Crisis Communications Portal."
The Company currently protects schools in 14 states with the COPsync911 threat-alert system, up from 9 states at the end of 2015. The application is on almost 27,000 computers and mobile devices in our nation's schools. About 200 more schools are protected in 2016 than 2015. COPsync plans to continue to execute on its business plan and increase the velocity of business in the school sector with two new members of the COPsync leadership team: well-known child safety advocate, Mr. Ward E. Leber, and Mr. Amin Kosseim, former Executive Officer of the Community Affairs Division at the New York Police Department. Mr. Leber has a vast network of contacts among schools, parents, law enforcement, and government agencies. Mr. Kosseim will focus on private schools, particularly those in the New York area.
COPsync911 sales in 2015 were only approximately 10% of total revenue. With the guidance of Mr. Kosseim and Mr. Leber, COPsync911 sales should have a more meaningful impact on future revenue.
Mr. Ronald A. Woessner, Chief Executive Officer of COPsync, stated, "Most schools in the United States respond to an active shooter by locking down the campus and sheltering-in-place. The COPsync911 software adds an additional layer of security by facilitating rapid and silent communication between schools and emergency responders in situations where every second counts. By providing real-time information to responders closest to the scene, including details of the threat, comprehensive maps and facility diagrams to pinpoint the exact location of the threat and ongoing real-time updates. First responders are provided the best possible chance of achieving a positive outcome in these threatening situations using our COPsync911 system."
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.
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 "COPsync plans to continue to execute on its business plan and increase the velocity of business in the school sector with two new members of the COPsync leadership team…"; and "With the guidance of Mr. Kosseim and Mr. Leber, COPsync911 sales should have a more meaningful impact on future revenue." These statements are highly dependent on the Company's ability to leverage the experience of these two new persons into accelerated and meaningful COPsync911 sales. 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 implement its strategic business plans or succeed in its sales strategy, which may adversely affect the Company's business and 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
SOURCE COPsync, Inc.