DirectView Announces Major
Security Contract for $3.7B Client; CEO to Feature in Global
Interview
New York, NY -- July 10, 2018 -- 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, is
excited to announce that the Company is experiencing a surge in new
contracts, including a single major order for approximately
$475,000 in new revenues.
In addition, the company's CEO, Roger Ralston,
will be on camera this week as the feature focus of an in-depth
interview on MoneyTV with Donald Baillargeon, where Mr. Ralston
will provide updates on new business, corporate direction, and
current market conditions.
The interview will air on Friday, July 13, 2018,
appearing on a worldwide distribution footprint across the cable TV
and satellite network universe. The program is expected to be
available in more than 80 million US homes, as well as 21 Caribbean
territories (on CaribVision), 48 million EU homes (on two different
major EU networks), and in parts of Asia, including Thailand (on
Familyland TV Network). Details on viewing the interview will be
released later this week.
On the Company's current surge in new business,
Mr. Ralston commented, "Momentum has been solid as we head into the
back half of the year. One particular new client a publicly-traded,
world-leading company in the food production space has already
signed on for a contract worth nearly a half million in fresh
revenues. We are on pace for record sales so far in 2018. That
grants us greater strategic optionality as well as the capacity to
reward shareholders and invest in new organic growth going
forward."
Management notes that the most significant recent
contract involves a $3.7B leader in the global food production
space. The contract comprises security management for several large
production plants with 24/7 operating schedules. These facilities
range from a thousand square feet to a million square feet,
cumulatively requiring hundreds of surveillance cameras and a vast
infrastructure of network video management servers designed by
DirectView.
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