DirectView Begins Processing Order For
Next GRUMA Mission Foods Project
DirectView Begins A New Project For
Mission Foods Valued In Excess Of 200k & Provides Update On
Acquistion Progress.
NEW YORK, NY
-- April 24, 2019 -- InvestorsHub NewsWire
-- DirectView Holdings, Inc.
(DIRV),
a company focused on ownership and management of leading video and
security technology companies, today announced that it has begun processing a new
equipment order for a new project with GRUMA Mission Foods, valued
in excess of $200,000. DirectView is supplying the
security, surveillance, and access control equipment, and its
wholly-owned subsidiary, Virtual Surveillance, LLC.
will be
installing the
equipment in a new facility for
Mission
Foods, the manufacturer of
tortilla-related products and subsidiary of the multinational,
$3.7B publicly-traded GRUMA Corporation.
As noted in DirectView's
press release on November, 8th, 2018 (DirectView's Virtual Surveillance
Completes $600,000.00 Surveillance Project for Mission Foods and
Begins Designing New Locations), the new Mission Foods project
DirectView
announced
today
spent time in
the design phase, following the completion of
a security, surveillance, and
access control installation project valued at
$600,000, for Mission Foods'
800,000 square
foot facility in Grand Prairie, Texas. The security and
surveillance solution in order for the next
project is state-of-the-art
and
designed
to insure
employee safety, loss prevention, quality control,
and
access
restriction.
"With the first quarter of
2019 behind us, we are now more focused than ever to complete our
previously announced acquisition, which, once complete, will
provide DirectView and its subsidiaries the operational synergies
required
to
move
forward efficaciously
with
multiple
projects
of
scale," stated Roger
Ralston,
CEO and
Chairman of DirectView Holdings.
"Transactions
of this size
require proper diligence and time to ensure everything is done
properly.
We are
confident that, in the end, it will be worth the wait.
Once the acquisition is complete, we anticipate
DirectView
will
reduce its
expenses, expand its buying power, and generate higher
revenue. As it relates to our next big
project with Mission Foods, we are grateful and honored
to be chosen to
design, supply and install the security, surveillance, and access
control infrastructure for this world-renowned company in the food
space. We are eager to have the project completed in
a timely fashion, and as professionally as possible."
About DirectView Holdings, Inc.
DirectView
Holdings, Inc., 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
website at www.DirectView.com and connect with us on Twitter,
LinkedIn, Facebook, and Google+.
Contact:
DirectView Holdings,
Inc.
Roger
Ralston
+1-212-858-9100
EXT. 111
www.DirectView.com
IR@DirectView.com
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.