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DirectView Selected to Provide Comprehensive Video and Security System for Cannabis Facility in Colorado
NEW YORK, March 19, 2014 /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 has been selected by a privately held Colorado based company to provide a comprehensive video surveillance and alarm monitoring system for a 15,000 square foot cannabis facility in Denver, Colorado.
DirectView Security will provide installation of IP surveillance cameras with NVR recording covering the entire facility. Management of the facility will have full remote monitoring capability of each camera using the DirectView App twenty-four hours a day, seven days a week. The Company will also provide alarm and temperature monitoring equipment to secure the facility and provide instant notifications in the event of any temperature variances. Temperature management is critical to ensuring the highest possible yield at the facility.DirectView Security expects to begin the installation within the month.
Commenting on the announcement, Roger Ralston, CEO and Chairman of DirectView, stated, "We are pleased to have been selected as the security provider for this facility in Denver. This installation represents an important milestone for our company in that it will help to showcase our ability to provide top-notch systems for the cannabis industry. Colorado is at the epicenter of this fast growing industry and we believe the successful implementation of our system here will serve as a springboard for DirectView as we look to become a leading provider in this important business vertical."
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 athttp://www.DirectViewSecurity.com/http://www.DirectViewInc.com
Safe HarborStatement: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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