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DirectView Opens Colorado Office to Increase Regional Marketing Efforts to the Cannabis Industry
NEW YORK, May 29, 2014 /PRNewswire/ --DirectView Holdings, Inc. (OTCQB: DIRV), a company focused on the ownership and management of leading video and security technology companies, today announced that its wholly owned subsidiary, DirectView Security, has acquired office space in the Denver suburb of Englewood to serve as a regional hub for its security and surveillance business. The office will help to support the expansion of regional marketing efforts for the Company's video surveillance and security solutions catering to the cannabis industry.
The Company's new office is located inside the Legacy Construction Company of Colorado's offices in Englewood. DirectView intends to use the office primarily to promote the company's products, services and comprehensive security solutions to local and regional marijuana dispensaries and grow facilities. The Company provides a full set of products and services designed to comply with various local and state government security and surveillance mandates for the cannabis industry and intends to work closely with the staff at Legacy Construction to provide expert security consultation, design and installation its line of products and services. Management believes the establishment of this physical presence in Colorado will enable the company to capitalize on the growing number of opportunities in the region's cannabis industry as well as offer additional marketing opportunities to other corporate clientele for its video surveillance and security, alarm monitoring, and access control solutions.
Commenting on the announcement, Roger Ralston, CEO and Chairman of DirectView, stated, "We are excited to open this Colorado office as we step up our marketing efforts to the rapidly growing cannabis industry. Both growers and dispensaries of marijuana have extensive state and local government compliance requirements when it comes to security and DirectView is perfectly positioned to provide all aspects of their security needs. By establishing this presence in the region we believe we can accelerate our sales growth in this industry as well as other business verticals in the region such as hotel/property management, transportation and education. We intend to work diligently in the coming quarters and years to help us establish ourselves as an industry leader when it comes to cost effective security solutions."
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 website at www.DirectView.com
Safe Harbor 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.
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