SOURCE: View Systems, Inc.
December 16, 2008 10:24 ET
View Systems Announces Commencement of Merger Process
BALTIMORE, MD--(Marketwire - December 16, 2008) - View Systems, Inc. (OTCBB: VSYM), a leading
homeland defense solutions provider, announced today that negotiations have
begun and the merger with Wytan is underway.
The firm has started the process of relocating manufacturing to Wytan's
headquarters in Denver. Meanwhile, the Baltimore office will remain open as
a sales and service branch.
Gunther Than, CEO of View Systems, states, "Wytan's manufacturing expertise
paired with View's technological headway will lead the firm to a higher
standard of production. By keeping the Baltimore office open for sales and
service, we intend to keep our revenues flowing. And with Wytan producing
units at near double the speed we could have independently, we foresee a
dramatic increase in product turnaround. This merger will be greatly
beneficial for both parties involved."
About View Systems, Inc.: View Systems, Inc. manufactures and installs
unique security products targeted towards correctional facilities, schools,
courthouses, government agencies, event and sports venues, the Military and
commercial businesses.
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Forward-Looking Statements: This press release contains certain
forward-looking statements. Investors are cautioned that certain statements
in this release 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.