GVI to outfit largest public bank in Latin America

Company wins contract to provide 4,000 Samsung cams to Brazilian bank


GVI Security Solutions, a leading provider of video security surveillance solutions featuring the complete Samsung Electronics line of products, has received a new order to provide four thousand Samsung Electronics high resolution color cameras to protect the branches of Caixa Economica Federal in Brazil.

"Winning a four thousand camera order to protect Caixa Economica Federal, the largest public bank in Latin America, clearly illustrates the success we have been having in expanding our market penetration in the banking and financial institution market vertical," said GVI Chief Operating Officer Joseph Restivo. "Combining our established reputation for quality service and local in-country support with products ideally suited to meet the needs of large branch banking networks is being recognized by a growing number of new orders from new and existing customers. This is an exciting market where the demand for effective security solutions is robust."

"We are providing four thousand Samsung Electronics high resolution color cameras designed with advanced DNR technology and day night function capability to protect the facilities and customers of Caixa Economica Federal in Brazil," said Fernando Tomasiello, GVI Senior Vice President Int'l Operations and Sales. "Our advanced cameras were selected not only based on their ability to meet and exceed the detailed specifications required for this demanding application, but also because of the excellent reputation for reliability and performance that Samsung Electronics cameras have earned in extensive prior deployment for Caixa and throughout the banking sector."

Caixa Economica Federal is the largest public bank in all of Latin America, and one of the oldest public banks in Brazil. First chartered in 1861, the bank is a vital part of the Brazilian economy. With a client base of over 37.5 million people the bank has been rapidly expanding with over 200 new branches opened in 2005 alone. In addition to banking services, Caixa also operates lotteries on behalf of the Brazilian government to raise funds for education and other services.