Company Completes High-Profile Project in World-Famous 71-Story Neo-Gothic Lower Manhattan High-Rise
NEW YORK, October 31, 2017 /PRNewswire/ 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 With post-9/11 systems now out of date, and DirectView’s inherent market advantage in terms of our team and our tech, there is tremendous opportunity in this environment.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 www.DirectView.com, www.ApexCCTV.com and www.VS-US.com and connect with us on Twitter, LinkedIn, Facebook, and Google+.
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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.