SOURCE: View Systems, Inc.
BALTIMORE, MD--(Marketwire - Aug 1, 2012) - View Systems, Inc. (PINKSHEETS: VSYM), a weapons detection and access control provider, announced today the company has been awarded an additional $250,000 plus contract for Detroit installations. The enhanced, redesigned flagship product, the SecureScan, has been successfully selected for applications including homeland security, critical infrastructure and commercial command centers.
View Systems has teamed with local manufacturers and integrators to expand its products and market share. Through a new relationship with an Investment Banking Firm in Atlanta, Georgia, as announced in our previous release, the company has the necessary capital to rapidly manufacture the additional units. The company will begin manufacturing immediately. The updates and expansion includes enhancements for existing orders.
View has also expended funds towards incorporating the SecureScan portal with Facial Recognition Technology and is expanding its sales and marketing operations. Resources have been devoted to supporting business development division and enhancing the department's sales staff.
"We have been taking the operation to the next level, raised the necessary resources and implemented our expansion plan," commented Chairman Dr. Martin Maasen. "Our partner, our new investment banking firm, has been providing the capital for us to clear the existing backlog, maintain an inventory of finished goods, and acquire the right personnel to move this company forward. We have been seeing increased demand for this new and enhanced model of our technology, and have the ability to meet the demand."
About View Systems: View Systems, Inc. manufactures and installs weapons detection identification systems, video management platforms and tele-data communication networks targeted towards correctional facilities, schools, courthouses, government agencies, event and sports venues, and commercial businesses. More information can be found at www.viewsystems.com
Forward-Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward-looking statements" and 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.