DirectView Sees $500K Jump in Revenues to Bring YTD Sales to $6 Million
February 14 2018 - 1:10PM
InvestorsHub NewsWire
DirectView
Sees $500K Jump in Revenues to Bring YTD Sales
to $6 Million
Company Continues to Build on
Record Revenue Growth Pace in 2018
NEW YORK, NY -- February 14, 2018
-- InvestorsHub NewsWire -- DirectView Holdings, Inc. (OTC:DIRV)
(“DirectView” or the “Company”), a company focused on ownership and
management of leading video and security technology companies, is
excited to announce continued record-breaking revenue growth so far
for the Company in 2018, with year-to-date revenues up another
$500k to total $6 million so far this year.
This continues strong
revenue growth trends seen in 2017, as recently reported in 10-Q
filings showing quarterly year/year sales growth of 1,689% for the
three months ended September 30, 2017.
Management believes
2018 will shatter company records from last year as recent
acquisitions and expansion into high-growth areas like cannabis
production facilities are powering the Company’s core model. The
Company is also benefitting from a list of factors that have
converged to catalyze improved performance,
including:
- Additional experienced sales
staff
- Larger national
clients
- A strong vertical in large
manufacturing and warehouse facilities with locations in the
million square foot range
- A new location in Dallas, TX with
strong functional differentiation, including a large lab and tech
support area, sales bullpen, accounting, shipping, and
warehouse
- A revitalized web presence and
excellent SEO at multiple websites
- A centralized home base with
strong geographic range enabling effective service for clients
across the country
Roger Ralston, DirectView CEO,
comments, “We are starting to see the fruits of last year’s
strategic roadmap come into play and tie in with a number of
inherent operational advantages right now. It always comes down to
execution in the end, but it helps to put yourself in a good
position at the start. We also made a mission of getting traction
with clients involved in hemp and cannabis cultivation and
processing late last year. Developing long-term relationships with
clients attached to strong growth curves is good business as it is
a legal requirement at every location, and it’s starting to pay off
this year in a big way.”
About
DirectView Holdings, Inc.
DirectView Holdings,
Inc., (DIRV)
together with its subsidiaries, provides video surveillance
solutions and teleconferencing products 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 at http://www.DirectView.com, www.ApexCCTV.com, www.VS-US.com and connect with us on
Twitter, LinkedIn, Facebook, and Google+.
Cautionary Statement
Regarding Forward Looking Statements
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.
Contact:
DirectView Holdings,
Inc.
Roger
Ralston
+1-212-858-9100 EXT.
111
www.DirectView.com
IR@DirectView.com