DirectView Enters Smart
Home Market with Google Home,
Nest, &
Amazon Ring
Products
DirectView's online e-commerce site
ApexCCTV.com Records Increase In Orders And
Revenue of 172% And
185%, Respectively.
New York, NY
-- March 11, 2019 --
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, today announced that it has entered the Smart Home
market with Google Home, Nest, and Ring Doorbell products driving
record-breaking sales through the Company's wholly-owned e-retailer
website, ApexCCTV.com.
ApexCCTV has
noted consistent growth since the redesigned platform went live
last year. Total inbound traffic to the e-commerce
website
has increased by 43%. As a supplier,
ApexCCTV
has the
ability to offer
the most competitive pricing on the internet. The addition of Smart Home
Products like Google's (NASDAQ: GOOG)
"Home", "Nest", and Amazon's (NASDAQ:
AMZN) "Ring" doorbell
products
have
been strong
contributing factors for ApexCCTV's
record-breaking increase in orders and
revenue of
172% and 185%, respectively. In an effort to further this growth,
ApexCCTV.com will be adding roughly 2,300
new products in the coming weeks, doubling the size of its product
catalog.
According
to Markets and Markets
in the report
titled: Smart Home Market by Product -
Global Forecast to 2024, the overall smart home market
is expected to grow from USD 76.6 billion in 2018 to USD 151.4
billion by 2024, at a CAGR of 12.02%. The growth in the smart
home market will be driven by the adoption of smart devices
and
a
widespread
concern about safety, security, and convenience. DirectView and ApexCCTV (together as leading providers of
Security, Surveillance, and Smart Home equipment), and
Virtual Surveillance, LLC., (as the seasoned installer),
possess the
synergies necessary to become a
prominent provider and installer of smart home
technology.
Roger
Ralston, President and CEO of
DirectView, said,
"We are
experiencing an ever-growing demand for
DirectView's products and
services,
not solely in security and surveillance, but in other market segments like smart
home and home automation. Since adding smart home
devices at competitive prices, our e-commerce website
(ApexCCTV.com) has recorded record-breaking traffic,
orders, and revenues. We want to set the bar higher and higher each
quarter and I couldn't be more confident in the abilities of
DirectView Holdings' subsidiaries. In fact, I am so confident in
DirectView that I am exploring
options to
retire my
personal debt in the company, which totals
approximately $2 million dollars in exchange for
additional
equity in the
company."
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, http://www.ApexCCTV.com, http://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
IR@DirectView.com
http://www.DirectView.com