PALM BEACH, Fla., July 29, 2014 /PRNewswire/ -- Global Digital
Solutions, Inc. (OTCQB: GDSI), a company that is positioning itself
as a leader in providing cyber arms manufacturing and complementary
security and technology solutions, today announced new details
regarding the Company's planned shipment of a high-end, mobile
Command and Control vehicle from recently acquired North
American Custom Specialty Vehicles, LLC (NACSV). The
sophisticated, custom-manufactured vehicle (see photo) is expected
to be shipped soon to Sadara, a $20
billion petrochemical joint venture between Dow Chemical and
Saudi Aramco, the global petroleum and chemicals enterprise owned
by the Kingdom of Saudi Arabia.
NACSV, a leading builder of mobile command/communications and
specialty vehicles for emergency management, first responders,
national security and law enforcement operations, also recently
delivered a $600,000 mobile command
center to a local sheriff's office in Florida.
GDSI announced the acquisition of NACSV on June 18, 2014. NACSV's Mobile Command and
Control vehicles are typically equipped with a suite of
sophisticated capabilities, including night-vision, live
surveillance, back-to-base video, and secure, encrypted
communications data links to support command and control
decision-making. For more detailed information about NACSV's
Command and Control and other advanced vehicles, click here or
visit http://www.gdsi.co/nacs_vehicles.html.
"These NACSV orders reflect much more than the world-class
quality of NACSV vehicles," said Richard J.
Sullivan, GDSI's President and CEO. "They also
underscore both the strong demand for NACSV leading-edge vehicles
and NACSV's impressive network of satisfied customers. NACSV
supplied a similar vehicle to Dow Chemical for a facility in
Houston, Texas. The NACSV
team was able to build on this close relationship to secure the
Sadara contract. We see enormous growth potential for NACSV's
sophisticated, custom-manufactured vehicles in the U.S. market and
in the fast-growing global arena."
By way of background, NACSV generated revenue in 2013 of
$6.2 million and EBITDA (Income
Before Interest, Taxes, Depreciation and Amortization) of
$1.06 million.
About Global Digital Solutions, Inc.
Global Digital
Solutions is positioning itself as a leader in providing cyber arms
manufacturing and complementary security and technology
solutions. On June 18, 2014,
GDSI announced the acquisition of North American Custom Specialty
Vehicles, LLC (NACSV), a leading builder of mobile
command/communications and specialty vehicles for emergency
management, first responders, national security and law enforcement
operations. For more information about NACSV's suite of
advanced vehicles, click here or visit
http://www.gdsi.co/nacs_vehicles.html. For more
information about GDSI, visit http://www.gdsi.co.
Forward Looking Statements
This press release contains
"forward looking statements". The statements contained in this
press release that are not purely historical are forward-looking
statements. Forward-looking statements give the Company's current
expectations or forecasts of future events. Such statements are
subject to risks and uncertainties that are often difficult to
predict and beyond the Company's control, and could cause the
Company's results to differ materially from those described.
In some cases forward-looking statements can be identified by
terminology such as "may," "should," "potential," "continue,"
"expects," "anticipates," "intends," "plans," "believes,"
"estimates," and similar expressions. These statements include
statements regarding moving forward with executing the Company's
global growth strategy. The statements are based upon current
beliefs, expectations and assumptions and are subject to a number
of risks and uncertainties, many of which are difficult to predict.
The Company is providing this information as of the date of this
press release and does not undertake any obligation to update any
forward looking statements contained in this press release as a
result of new information, future events or otherwise, except as
required by law. We have based these forward looking
statements largely on our current expectations and projections
about future events and financial trends affecting the financial
condition of our business. Forward looking statements should
not be read as a guarantee of future performance or results, and
will not necessarily be accurate indications of the times at, or
by, which such performance or results will be achieved.
Important factors that could cause such differences include, but
are not limited to the Risk Factors and other information set forth
in the Company's Annual Report on Form 10-K filed on March 28, 2014, and in our other filings with the
U.S. Securities and Exchange Commission.
Contact:
Richard J. Sullivan
561-515-6163
info@gdsi.co
Photo - http://photos.prnewswire.com/prnh/20140729/130709
SOURCE Global Digital Solutions, Inc.