Tuesday March 20, 2018
DirectView's Virtual Surveillance to
Provide Extensive Security Solution for Global Food Production and Distribution
Company
The Company Signs Master Agreement to
Service Facilities for $3.7b Industry Leader
March
MADNESS as DirectView
Holdings, Inc., (DIRV) together with its subsidiaries provides video
surveillance solutions, announced Today ANOTHER MAJOR contract signed in March 2018 through its subsidiary,
Virtual Surveillance.
According to the press release,
this new deal is to to provide comprehensive security solution
installations of all security surveillance equipment and infrastructure at all
current and upcoming production plants and distribution locations, including an
ongoing service contract, for a $3.7B publicly-traded, world-leading company in
the food production space.
The first production location is in its final stage of
completion and is valued at just under $300,000 for that one
location. This prestigious company has several distribution locations and
subsidiaries across the nation and around the world. The client has
several production plants, operating 24 hours a day, 7 days a week producing
food products.
Roger Ralston, DirectView CEO was
quoted as saying: "We continue to find massive opportunities with
current and new clients in the surveillance camera and VMS space we serve.
Being selected by a world leading company such as this serves as a testament to
our accomplishments in 2018, as we quickly become one of the fastest growing
companies in the security industry. DirectView is currently realizing record
sales and increasing profits and looks to parlay that into continued growth
both organically and through its rollup strategy."
According to the press release,
management feels a contract with a company of this magnitude will provide
a platform for its state-of-the-art security and surveillance systems and
solutions, highlighting its functionality to other food production and
distribution centers around the globe.
It was also noted, the global 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 and Virtual Surveillance are gaining
popularity, and the sector as a whole is expected to grow at a robust rate in
the future.
According to analysts, the Global Video Surveillance Market is to reach $62.62 Billion by 2023, Reports London based BIS Research, DIRV is taking the steps necessary to build shareholder value.
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
IR@DirectView.com
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