BOCA RATON, Fla. , Dec. 30 /PRNewswire-FirstCall/ -- DirectView Technology Group, Inc. (OTCPK: DVWG), a Company focused on ownership and management of leading technology companies, is pleased to announce that 2008 has been a year of significant expansion and redirection. The recent acquisition of Homeland Integrated Security Systems, Inc. by Mr. Roger Ralston and the Company's subsequent acquisition of DirectView Video Technologies Group, Inc. has expanded the scope of operations for DirectView Technology Group.
The Company's wholly owned subsidiary, DirectView Video Technologies, Inc., provides high-quality video conferencing solutions and services that enable its clients to conduct remote meetings by linking participants in geographically dispersed locations. It also provides enabling technologies such as multipoint video and audio conferencing, video conferencing over IP, document conferencing and visual presentations. The Company provides products and services and has served several blue chip clients such as Burger King, Tropicana, Travelocity.com, BellSouth, the Trump Organization and the New York City Police Department.
In 2008, Homeland Integrated Security Systems entered into a growing
number of vertical markets for its Cyber Tracker units. The Company received a
single initial purchase order, among others, in excess of
During the year, Homeland Integrated Security Systems expanded its marketing opportunities for its Cyber Tracker units. The Company has been added to the U.S. General Services Administration (GSA) schedule and is now selling its products through the GSA and the GSA Advantage, an electronic shopping and ordering system that allows GSA customers to buy direct from GSA Schedule contractors online. The Company also became an approved vendor for the U.S. Department of Homeland Security (DHS) and can now market its product portfolio directly to the DHS.
Homeland Integrated Security Systems also launched a campaign to compete in the stolen vehicle recovery market with global leader LoJack Corp. which is traded on the Nasdaq Stock Exchange under the symbol "LOJN." The Company has unveiled new product comparison models to LoJack for its CT-150 and CT-450 vehicle recovery units. The comparison may be accessed directly at http://www.hissusa.com/downloads/Product_Comparison_CT150-CT410-LoJack.pdf .
"This has been a landmark year for DirectView Technology Group and our subsidiary companies. We've made several significant steps toward introducing our Cyber Tracker products into the marketplace and we've expanded their focus to compete in the stolen vehicle market as well. We anticipate remarkable growth in 2009 for the Cyber Trackers and the video teleconferencing services now offered by DirectView Technology Group," stated Roger Ralston , CEO of DirectView Technology Group, Inc.
To listen to the company's recent teleconference visit http://directviewtechnologies.com
About DirectView Technology Group, Inc.:
DirectView Technology Group, Inc. is a diversified holding company for a conglomerate of video and technology companies that include the wholly-owned subsidiaries DirectView Video Technologies, Inc. and Homeland Integrated Security Systems, Inc. DirectView Video Technologies, Inc. is a full service provider of video, audio, multipoint videoconferencing, data and IP videoconferencing services to businesses and organizations worldwide. Homeland Integrated Security Systems is a technology based that provides solutions for asset recovery and tracking. The Cyber Tracker technology product line has applications for data and tracking functions across a variety of industries, utilizing CDMA, IDEN, and GSM technologies.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
SOURCE DirectView Technology Group, Inc.