GVI Security Solutions Inc. Partners with Verint Systems Inc. to Enhance Growth in Enterprise Level Video Surveillance Solutions
Wednesday May 14, 10:54 am ET
CARROLLTON, Texas--(BUSINESS WIRE)--GVI Security Solutions, Inc. (OTCBB: GVSS - News), a leading provider of video security surveillance solutions featuring the complete Samsung Electronics line of products, announced an agreement with Verint Systems Inc., (Pink Sheets: VRNT - News) a leader in IP video solutions, to co-market Verint’s Nextiva™ portfolio of video systems with GVI Samsung Electronics analog, digital, and IP technology to offer enhanced value to its customers in the Americas.
“Verint’s video management software and wireless IP systems perfectly complement our newly introduced IP camera line and enhances our ability to drive growth in very large enterprise level projects particularly in Latin America,” said Steven Walin, Chairman and CEO of GVI Security Solutions. “The software and systems are fully compatible with our analog products and provide us with an important tool to leverage our customer’s investment in analog technology to provide a fully compatible transition to expanded IP installations.”
Jim Clark, General Manager of Verint Video Intelligence Solutions added, “We are excited about the partnership with GVI and the opportunity for expansion in Latin America.” Continued Clark, “Our Nextiva portfolio solution is specifically designed to address demanding enterprise security initiatives such as those served by the GVI team.”
“This co-marketing agreement is especially relevant for us in the Latin American market where we have been winning many enterprise level projects with thousands of cameras spread out over multiple locations,” said Fernando Tomasiello, GVI Senior Vice President for Latin America.
About GVI Security Solutions, Inc.
GVI Security Solutions Inc. is a leading provider of video surveillance security solutions to the homeland security, institutional and commercial market segments. On the web at: www.gviss.com
About Verint Video Intelligence Solutions
Verint Video Intelligence Solutions is the leading global provider of networked video solutions that enhance the security of people, property and assets. Verint’s award-winning Nextiva portfolio includes video management software, integrated analytics, encoders and IP cameras and intelligent DVRs for use in a variety of vertical market environments. Open, standards based and IT friendly, Verint solutions enable organizations to leverage their existing video investments and place IP video within the reach of virtually every organization. Visit our website at www.verint.com.
Forward-Looking Statements:
Some of the statements made by GVI Security Solutions, Inc. in this press release are forward looking in nature. Forward-looking statements in this press release are not promises or guarantees and are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. These statements are based on management's current expectations and assumptions and are naturally subject to uncertainty and changes in circumstances. We caution you not to place undue reliance upon any such forward-looking statements. Actual results may differ materially from those expressed or implied by the statements herein. GVI Security Solutions, Inc. believes that its primary risk factors include, but are not limited to: reliance on primary supplier; credit limits imposed by primary supplier; effective integration of recently acquired operations and personnel; expansion risks; effective internal processes and systems; the ability to attract and retain high quality employees; changes in the overall economy; rapid change in technology; the number and size of competitors in its markets; outstanding indebtedness; control of the Company by principal stockholders; law and regulatory policy; the mix of products and services offered in the company's target markets; and other factors detailed in the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended December 31, 2007 currently on file, as well as the risk that projected business opportunities will fail to materialize or will be delayed.
Contact:
GVI Security Solutions
Esra Pope, 972-245-7353
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Source: GVI Security Solutions, Inc.
