InvestorsHub Logo
Post# of 48490
Next 10
Followers 971
Posts 383003
Boards Moderated 6
Alias Born 06/24/2011

Re: None

Tuesday, 10/31/2017 1:32:36 PM

Tuesday, October 31, 2017 1:32:36 PM

Post# of 48490
$DIRV news out: October 31, 2017 /PRNewswire/ -- DirectView Holdings, Inc. (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 With post-9/11 systems now out of date, and DirectView's inherent market advantage in terms of our team and our tech, there is tremendous opportunity in this environment.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. DirectView Selected for Major Security Project at Famed Wall Street Skyscraper https://finance.yahoo.com/news/directview-selected-major-security-project-122700054.html

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.