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GVIS..Primed up
GVIS 0.045 X 0.05 - BEST moved away from the ask
We need a news like this again from GVIS
GVI Security Solutions Announces $7 Million in Loss Prevention Systems Agreements; Company to Provide Customized Inventory Loss Prevention Installations to Major Big Box Retailer and Key Regional Wholesaler
CARROLLTON, Texas--(BUSINESS WIRE)--Jan. 17, 2006--GVI Security Solutions Inc. (OTCBB: GVIS), a provider of integrated security solutions incorporating access control, detection and surveillance systems, today announced that it has entered into two agreements to provide inventory loss prevention systems. The first agreement, with a major U.S. big box retailer, is expected to generate revenues of $5 million. The second agreement, with a regional wholesaler, is expected to generate revenues of $2 million.
GVI will provide its top line customized Security Surveillance Systems to these vendors. The Security Surveillance Systems feature all of the components necessary to supply a complete security solution, including, cameras, lenses, recording devices, digital video recorders and multiplexers that allow multiple signals to be transmitted simultaneously across a single channel.
"Employee theft costs American citizens more money each year in terms of higher prices and reduced supply than any other type of larceny," said Howard Safir, chairman of GVI. "Our customers require top line, seamless capabilities for their monitoring systems. By utilizing our surveillance solutions, we believe they will significantly increase recognition and detection of criminal theft, and drastically reduce their costs."
According to a recent survey, in 2003 U.S. retailers lost $33.6 billion of inventory due primarily to employee theft, shoplifting and vendor fraud, and the average retailer budgeted 0.51 percent of its prior year's revenues for security and loss prevention measures.
"With inventory loss a primary concern, we expect continued interest in our security solutions from retailers," said Nazzareno Paciotti, chief executive officer. "While our clients use these GVI solutions primarily for inventory loss prevention, our systems offer advanced protection when used correctly for additional security measures, such as parking lot surveillance, entrance and exit control and documentation.
"Additionally, we are experiencing increased interest in our Security Surveillance Systems from both government and corporate clients. Systems installed five to seven years ago to comply with Y2K concerns are approaching the end of their natural life span, and clients are seeking immediate upgrades in visitor management, card access, detection and surveillance products, such as our 'intelligent' CCTV system," he added.
Other GVI Products and Activities
GVI has extensive experience in commercial, industrial, government, military and security installations. Its Enterprise Solutions Group provides a full range of top line solutions and professional products to its customers, including, assessment, design, project management and installation.
During the past two years, GVI has secured key contracts for its surveillance security solutions for high threat, high profile installations such as the Port of Miami, Port of Tampa, New York City Transit Authority, JFK Airport, Tinker Air Force Base, Federal Express, CitiGroup and many other corporate and government customers.
In August 2005, GVI introduced the Mass Transit Intelligent Video System (MTIVS) to the rapidly growing homeland security market. Named a top new product by Security Products Magazine, MTIVS is a state-of-the-art "intelligent" video threat detection system that continuously monitors and evaluates images from multiple cameras, and instantly alerts a command center to threat detection.
In addition, the Company recently completed the installation of the Rapor FastTrac(TM) Portal, a product it launched in 2005, at the U.S. Drug Enforcement Administration headquarters in the Washington, DC area.
GVIS - I agree. Good times ahead
Laptop, Yeah..The insider guy had plenty of chances to get out yesterday and day before. You may be right about UBSS game play
GVIS I agree.. What is BEST doing there still ?? UBSS can be playful when BEST is on the ask knowing we have a wall to cross. I hope something good is cooking and management will feast us soon
GVIS - 0.057 x 0.06 - Once the 0.06 is taken out, we will be in for a wild ride upwards
Friends, We are getting PROs lined up for GVIS feast
GVIS.ob - Happy to have you on board Smart move..
Glad you came on board with us (Finally..I got this one dead on and I want 15 cents..
MSEED, my friend..I want to see 15 cents..I am sure your 200k buy is doing a you a world of good there
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GVI Security Solutions, Inc. is a provider of complete video surveillance and security solutions incorporating a complete line of video surveillance, access control and detection systems to the homeland security, professional, business-to-business and retail market segments. GVI provides a strong combination of CCTV, Digital Video Recording, Access Control, Rapid Access Portals, Video IT Based Networking, and Perimeter Control systems that enhance life safety for both government agencies and the private sector. Combined with the new line of Video Threat Detection and PTZ Tracking software, GVI's full service Enterprise Solutions Group provides turnkey solutions and integrated systems for various government, homeland security, and Fortune 500 applications. GVI's board and senior management have decades of high-level experience in the security and law enforcement community. The Chairman of the Board is Howard Safir, former New York City Police Commissioner.
The Company has secured prestigious contracts with major corporate and government clients, yielding approximately $70 million of annual sales for 2004, and is well positioned to become one of the security industry’s few pure play technology innovators, offering total, full service solutions with a concentration on the Homeland Security market. The Company is the exclusive distributor of Samsung Electronics video surveillance in the Americas and the Caribbean to professional end users, installers, and resellers, and a major national retailer. GVI is headquartered in Carrollton, TX.
Management:
http://phx.corporate-ir.net/phoenix.zhtml?c=191877&p=irol-governance
Company website:
http://www.samsungcc.tv/Default.aspx?tabid=30
**** Share Structure *****
75 million AS
50 mil OS
float: 10 mil
***** Press Releases *****
http://phx.corporate-ir.net/phoenix.zhtml?c=191877&p=irol-newsArticle&ID=904456&highligh....
****** Chart *******
