DirectView Selected For Major Security Project at Famed Wall Street Skyscraper
October 31 2017 - 8:30AM
InvestorsHub NewsWire
DirectView Selected For Major Security Project
at Famed Wall Street Skyscraper
Company
Completes High-Profile Project in World-Famous 71-Story
Neo-Gothic Lower Manhattan
High-rise
NEW YORK, NY --
October 31, 2017 -- 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,
announced today that the Company was able to trump its competitors
and win a major security upgrade project at one of the most notable
skyscrapers in the world.
The company has agreed
to avoid directly naming the building in its press materials. That
said, it is one of the 25 tallest buildings in the world, and
certainly one of its most famous. Erected by The Manhattan Company
in the early 1900’s, the building’s unique neo-gothic architecture
provides a meaningful challenge for any security overhaul. But the
DirectView team has already surpassed expectations on the project
and demonstrated its best-in-class workmanship, talent, and
technology.
The project
represented a major security overhaul of the building, and
consisted of cabling, installing, and programming a new
state-of-the-art surveillance system, including numerous cameras
and video recording management servers.
Roger Ralston,
DirectView Holdings, CEO commented “Momentum in the security
upgrade cycle in the Greater New York City area continues to build.
With post-9/11 systems now out of date, and DirectView’s inherent
market advantage in terms of our team and our tech, there is
tremendous opportunity in this environment. This project, in
particular, has provided the Company immeasurable exposure for our
brand at the best possible time. This is a very exciting moment for
the Company.”
Based on public money
flows alone, records indicate that $78 million has been set aside
for expenditures on upgrading the security infrastructure in the
NYC area this year alone. As more and more privately-owned
structures such as skyscraper office buildings, luxury hotels, and
Manhattan apartment high-rises address the
same set of issues, that number will grow by multiples. Companies
at the vanguard of delivering next-generation security solutions
may be entering a gold rush phase.
With this notable
project, management feels that DirectView has demonstrated the
ability to secure the most high-profile contracts as this process
unfolds.
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