DirectView and its Subsidiary, Virtual Surveillance, to Provide Comprehensive Security Solutions for Nationwide Athletic
March 14 2018 - 7:20AM
InvestorsHub NewsWire
DirectView and its
Subsidiary, Virtual
Surveillance, to
Provide Comprehensive Security Solutions for
Nationwide Athletic Footwear and Apparel
Retail Chain
New York, NY -- March 14, 2018 --
InvestorsHub NewsWire -- DirectView Holdings, Inc. (OTC:DIRV)
("DirectView" or the "Company"), a company focused on ownership and
management of leading video and security technology companies,
announced today that it has been selected to provide comprehensive
security solution installations of all security surveillance
equipment and infrastructure at all upcoming new locations, plus an
ongoing service contract for retrofits, for a leader in the
athletic footwear and apparel retail space. The retailer has
approximately 200 planned locations and 150 locations presently
installed, all of which are planned for upgrades. The anticipated
revenue per location ranges from approximately $7,000 to $18,000
and $70,000 for the corporate office and distribution center
location.
DirectView will be installing its 3mp (1080P) and
4mp (1520P) fixed dome cameras, bullet cameras, and 360 (fisheye)
cameras, and at some locations, pan-tilt-zoom cameras otherwise
known as PTZ cameras. DirectView will also be installing,
programming and maintaining the VMS, otherwise known as "video
management systems" for the company and its locations. The initial
maintenance and service agreement for this prestigious client is
for seven years.
The
system designed by DirectView has the ability to track Point of
Sale (POS) transactions at the check-out counters, track a number
of analytics including counting customers and pointing out the best
placements for displays in-store. It also has the ability to have
facial recognition to track and notify store and loss prevention
professionals of potential threats.
Management feels this business will provide the
platform for its state-of-the-art security and surveillance systems
and solutions to be highlighted at malls and retail locations
across the United States. The video surveillance market, as a
whole, is growing at significant speeds and is expected to reach a
substantial level by 2023. Moreover, the (VMS) video management
systems like that which are delivered by DirectView are gaining
popularity, and the sector as a whole is expected to grow at a
robust rate in the future. The Global Video Surveillance
Market to Reach $62.62 Billion by 2023, Reports London based BIS
Research.
Roger
Ralston, DirectView CEO, states, "We continue to find massive
opportunities with current and new clients in the surveillance
camera and VMS space we serve. It is amazing how the market is
evolving and experiencing such rapid growth. There is virtually no
vertical market that cannot use the products and service we sell.
DirectView is currently realizing record sales and increasing
profits, and looks to parlay that into continued growth both
organically and through its rollup strategy."
About DirectView Holdings,
Inc.
DirectView Holdings, Inc., (DIRV)
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 websites at http://www.DirectView.com, www.ApexCCTV.com, www.VS-US.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.
Contact:
DirectView Holdings,
Inc.
Roger Ralston
+1-212-858-9100 EXT. 111
www.DirectView.com
IR@DirectView.com
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