DirectView Security Systems Expands Distribution Capabilities and Homeland Security Product Offerings Through Co-Marketing Agreement With Positive ID
Companies to cross market DirectView's video surveillance and body worn camera technologies with Positive ID's biological detection and diagnostic solutions
Jun 11, 2015, 07:45 ET
NEW YORK, June 11, 2015 /PRNewswire/ -- DirectView Holdings, Inc. (OTC:DIRV) ("DirectView" or the "Company"), a company focused on ownership and management of leading video and security technology companies, today announced that it has entered a co-marketing agreement with PositiveID Corporation (OTCQB: PSID), to jointly market the companies' products to homeland security and first responders.
DirectView provides, among other products and services, body worn cameras, video surveillance systems, video storage servers, digital video recorders, and network video recorders, to address the security needs of law enforcement, businesses and security companies. PositiveID develops molecular diagnostic systems, including Firefly Dx, which is designed to provide real-time, accurate diagnostic results in a handheld device, thereby leading to treatment scenarios at the point of need that are not possible with existing lab-based systems. Firefly's applications for first responders include point-of-need, lab-quality detection of pathogenic organisms and detection of biological agents associated with weapons of mass destruction.
"We are excited to team up with Positive ID as we continue to work towards our goal of providing a comprehensive set of security related solutions for law enforcement and business applications," stated Roger Ralston, Chairman and CEO of DirectView. "We believe this agreement is another step in helping us add additional products while expanding the distribution of our products through Positive ID's sales channel. We look forward to a long and prosperous relationship with our new partner for years to come as we build out this important potential revenue opportunity."
About PositiveID Corporation
PositiveID Corporation is an emerging growth company and developer of biological detection systems for America's homeland defense industry as well as rapid biological testing. PositiveID is focused on the development of microfluidic systems for the automated preparation of and performance of biological assays in order to detect biological threats and analyze biological samples. For more information on PositiveID, please visit http://www.psidcorp.com, or connect with PositiveID on Twitter, Facebook or LinkedIn.
About DirectView Holdings, Inc.
DirectView Holdings, Inc., together with its subsidiaries, provides video surveillance solutions and teleconferencing products 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 website at www.DirectView.com and connect with us on Twitter, LinkedIn, Facebook, and Google+.
Cautionary Statement Regarding Forward Looking Statements
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.
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