NEW YORK, December 18, 2013 /PRNewswire/ --
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 Systems, Inc. ("DirectView Security"), is working with several service providers to incorporate central station alarm and remote video surveillance monitoring as part of a comprehensive security solution to its current and future clients.
DirectView Security's decision to expand its business to include these services is a direct result of requests from current and prospective clients including multi- national property management companies and educational facilities, seeking a full turnkey solution to their surveillance needs. DirectView Security intends to provide a state-of-the art Underwriters Laboratories (UL) Listed® facility offering utilizing the latest in digital monitoring technologies with highly trained operators. The company will offer traditional analog plus the latest in IP (Internet Protocol) solutions. In addition, radio and cellular back up is available for those wishing additional levels of security.
In addition to standard alarm monitoring, DirectView Security will provide video site monitoring where the central station monitoring specialists can verify motion alarm activity with a real-time visual of the alarmed zone. This will allow for instant verification alarm events, providing substantial cost savings through fewer false alarm calls to police and the ability to reduce onsite security staffing.
Commenting on the announcement, Roger Ralston, CEO and Chairman of DirectView, stated, "We have received numerous inquiries from both current and potential clients about these services as part of a comprehensive and competitively priced security solution. We see these services as a perfect fit for our current video surveillance platform for both business and larger residential applications. These services can also add a substantial recurring revenue component to for our company in addition to equipment sales and maintenance. We look forward to rounding out our service offerings in order to drive substantial revenue growth as we transform DirectView into a one-stop-shop for comprehensive state of the art security solutions.
About DirectView: 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 http://www.DirectViewSecurity.com / http://www.DirectViewInc.com
SafeHarbor Statement: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts, which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the possibility of unknown factors, as well as other factors beyond the control of the company, actual results may differ materially from the expectations expressed in the forward-looking statement. An investment in our common stock involves a significant degree of risk. You should not invest in our common stock unless you can afford to lose your entire investment. You should consider carefully all risk factors and other information in our annual report and quarterly filings before deciding to invest in our common stock. If any of the following risks and uncertainties develops into actual events, our business, financial condition or results of operations could be materially adversely affected and you could lose your entire investment in our company.
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.
SOURCE DirectView Holdings, Inc.