DirectView Holdings' CEO Issues Corporate Update for Shareholders

BOCA RATON, Fla., Mar. 4, 2015 /PRNewswire/ -- Roger Ralston, CEO of DirectView Holdings, Inc. (OTC: DIRVD) ("DirectView" or "the Company"), has issued the following letter to shareholders:

Dear Shareholders,

I am happy to issue this letter to review the progress we have made in 2014 and talk about some of the future prospects of DirectView as we move through 2015.

2014 was a significant year of change for our Company as we expanded our DirectView Security business in several verticals including the cannabis industry.  At DirectView Security, we provide a suite of services ranging from design and installation of comprehensive video surveillance systems to product sales of a wide variety of surveillance cameras, NVR's, VNS, access control, and security related products.  We believe the cannabis industry is a perfect fit for us in a number of ways, most importantly in that the need for comprehensive security system was imperative for both grow-houses and dispensaries.   Each state requires monitoring of virtually every inch of these facilities, both inside and out. Additionally, due to federal law conflicts, many large security companies do not service this industry at all.

We laid out a plan and began to implement that plan in the spring of 2014.  We partnered with Legacy Construction, a builder of cannabis facilities, and Cannamor, a consulting firm servicing the industry, to serve as a preferred provider of security systems.  Those partnerships have led to several installations and a pipeline of potential business for projects in several states where marijuana sales have been approved.  We believe we are well positioned in this vertical and see additional customer wins in the coming months to further expand this business in 2015. 

In 2014 we also made progress in hotel/hospitality, education and transportation.  Some highlights in these areas include:

• A recent large scale installation of access control and surveillance as well as time and attendance equipment for one of the worlds largest hotel chains in their flagship hotel in New York City.  
• A comprehensive surveillance installation with remote monitoring for one of the most elite education facilities in New York City
• A multi-site surveillance installation for HeliNY in NYC and in Linden NJ.

In these three verticals we concentrated our efforts in 2014 on establishing and growing relationships with marquis customers in order to have a prestigious list of customers as references as well as to win larger and more expansive products in the future.  In doing so we believe we have set the stage for extremely progressive growth in 2015 and beyond.

From a product development standpoint, we launched our own application for secure remote internet monitoring and control of our security systems we call the "DirectView App".  With this system businesses can control access functionality to particular feeds by employee and can also allow for viewing of feeds by groups or the general public.  This is particularly useful for schools that want to allow parents to view the classroom or transportation companies that wish to advertise their services.

We are also engaged in the evaluation of other products and services to integrate with our current offerings.  On the product front, we are exploring the integration of body cams and drone surveillance with our security systems.  The potential uses of these products for surveillance are vast and they can help reduce litigation exposure as well as reduce manpower costs.  Another area of great interest to us as we move into 2015 is physical security both for corporate purposes and for the cannabis industry.  Toward that end we are actively seeking a strategic relationship either through a joint venture of business combination that will allow us to deploy guards for on-site duties as well as transportation. 

In summary, we are pleased with the foundation we have laid in 2014 to position the company for growth in 2015.  We intend to work diligently to capitalize now on our growing customer base and in the specific verticals outlined above.  We look forward to providing further information in the very near future on our progress in some of these areas as we aim toward establishing DirectView as a leading provider of security solutions.  Everyone at DirectView is dedicated toward delivering the best results for our customers and shareholders alike and we are confident that 2015 will be a significant year of progress for our Company.

For additional information, please visit http://www.DirectView.com

About DirectView Holdings, Inc.

DirectView Holdings, Inc., together with its subsidiaries, provides teleconferencing 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 websites at www.DirectView.com. For more information visit our website at www.DirectView.com and connect with us on Twitter, LinkedIn, Facebook, and Google+.

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.

Contacts:

DirectView Holdings, Inc.
Roger Ralston
CEO and Chairman
+1-212-858-9100 EXT. 111
[email protected]
www.directview.com

SOURCE DirectView Holdings, Inc.

Related Links

http://www.DirectView.com