Scottsdale 5/27/2015 8:00:00 PM
QualityStocks News - View Systems (VSYM) Continues to Expand Presence in Growing Global Security Industry
QualityStocks would like to highlight View Systems, Inc. (VSYM), a leading security technology products company with “state-of-the-art” technological solutions for modern security problems. Targeting the challenging business opportunities in the opening decades of the 21st century and beyond, View Systems has solutions for law enforcement facilities such as correctional institutions as well as other government agencies, schools, courthouses, event and sports venues, the military and commercial businesses.
In the company’s news,
View Systems, Inc. serves one of the fastest-growing sectors of the global economy: the security industry. The company manufactures computer software and hardware used for threat detection and surveillance applications, giving it access to an estimated $100 billion per year industry. According to an analysis of global threats to government and businesses, this puts View Systems in a strong strategic position to maintain its presence in the global market for the foreseeable future.
The company’s primary product offering, ViewScan, is a proven improvement on traditional Concealed Weapons Detection Systems (CWD). Using a PC-based software display, the system identifies the location and number of threat items, such as knives, guns and razor blades, while ignoring innocuous personal artifacts like coins, keys and belt buckles. By avoiding electro-magnetic fields, radiation, millimeter waves or x-rays, ViewScan provides completely passive security scanning that’s safe for use with pacemakers, implants and during pregnancy.
ViewScan is an ideal solution for venues requiring efficient, high-volume screening because it doesn’t require the removal of jewelry, shoes or personal effects. In addition, the system’s visual interface, which displays the exact location of potentially harmful objects, makes secondary screening quick and easy for security personnel. According to the company’s research, the ViewScan system can scan up to 1,200 persons per hour, representing a significant improvement over traditional electromagnetic induction scanners.
The ViewScan system is currently in use in a variety of vital market segments – including correctional facilities, judicial facilities, probation offices and federal facilities – in states around the country. Using a combination of exclusive technology licensing agreements and continued development and refinement of its product lines, View Systems has established itself as a major player in the expanding security industry. In April, the company continued on this trend by filing for a patent on its newly enhanced ViewScan platform.
The company’s product line appears to place View Systems in a strong position for continued growth moving forward. With a recorded 5.7 percent of public schools implementing CWDs for enhanced security during the 2011 school year, according to the Institute of Education Sciences, it’s clear that View Systems will have ample opportunity for further expansion into a variety of vital market segments. Look for further refinement of its product line and penetration of new industry sectors to set the stage for substantial opportunity for this promising company in the years to come.
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
