View Systems Announces Mr. Walter Raquet as an Investor
September 30 2013 - 12:42PM
Marketwired
View Systems Announces Mr. Walter Raquet as an Investor
BALTIMORE, MD--(Marketwired - Sep 30, 2013) - View Systems, Inc.
(OTCQB: VSYM), a rapidly growing provider of security products for
schools, event planners, banks and government institutions,
announced today that Mr. Walter Raquet has made an investment
directly into View Systems. Mr. Raquet's purchase of shares from
View Systems will allow View Systems to accelerate its sales
efforts and provide funds for new product development.
Walter Raquet is currently the Chairman of Bolton LLC, an
investment management company. He is also a director for Liquid
Holdings Group, LLC (LIQD) and Green Earth Technologies Inc.
(GETG). He was chairman of WR Platform Advisors LP, a technology
platform and service provider of managed accounts for hedge fund
investments from 2004 to 2011. Mr. Raquet was also a co-founder of
Knight Securities. He served as Knight's Chief Operating Officer
from its inception in 1995 until 2000 and its Executive Vice
President from 1998 through 2002. He also served as a member of
Knight's Board of Directors from 1995 through 2002.
Prior to Knight, Mr. Raquet was a Senior Vice President with
Spear, Leeds & Kellogg/Troster Singer and a Partner at Herzog
Heine & Geduld, Inc., where he directed the firm's technology
and marketing efforts. Also, Mr. Raquet was Corporate Controller
for Paine Webber Incorporated, Executive Vice President of Cantor
Fitzgerald and Controller for Weeden & Co. Mr. Raquet is a
certified public accountant and practiced at the accounting firm of
Price Waterhouse. Mr. Raquet received a BS degree in Accounting
from New York University.
Gunther Than, CEO, View Systems stated, "It is a great vote of
confidence for View Systems to have someone of the caliber of Mr.
Raquet invest in the company. The breadth and depth of his
experience will be of value to our strategic plans going forward.
Mr. Raquet's investment, along with his guidance and assistance,
will be of particular benefit to our growth strategy."
Dr. Martin Maassen, Chairman of the Board, View Systems
remarked, "I can speak for the rest of the Board of Directors when
I say that Mr. Raquet's investment marks another significant
milestone for View Systems. Mr. Raquet's knowledge and expertise in
technology and marketing, and diverse and successful management
experience, will be of value in helping refine and execute our
business plan."
About View Systems: View Systems, Inc. manufactures and installs
weapons detection identification systems, video management
platforms and tele-data communication networks targeted towards
correctional facilities, schools, courthouses, government agencies,
event and sports venues, and commercial businesses. More
information can be found at www.viewsystems.com
Forward-Looking Statements: This press release contains certain
forward-looking statements. Investors are cautioned that certain
statements in this release are "forward-looking statements" and
involve both known and unknown risks, uncertainties and other
factors. Such uncertainties include, among others, certain risks
associated with the operation of the company described above. The
Company's actual results could differ materially from expected
results.
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