View Systems Discusses Benefits of Its Latest New Product:
MINI Sim Cam
GlobeNewswire 2010-02-26
BALTIMORE, Feb. 26, 2010 (GLOBE NEWSWIRE) -- View Systems, Inc.
(OTCBB:VSYM), a security and tele-data solutions provider, released a
statement today discussing the MINI Sim Cam. The MINI, which stands for
Mobile Intelligent Network Informer, is a wireless watchdog
communication device that checks for intrusion into uninhabited areas
like foreclosed houses, storage spaces, and vacation homes. It's a
portable device that senses motion and sends text messages to a user's
cell phone.
The MINI is the right product at the right time. It responds to an
urgent need in the mortgage service market to monitor 18,000,000 plus
vacant houses. There are over a million vacation homes, over twenty
million foreclosed houses and millions of storage spaces in the U.S.
(Source: www.usnews.com). It will replace the occasional "drive-by"
inspection with 24-7 monitoring and preserve both the value of the
property, the viability of city housing stock and lower insurance
premiums which offset the investment. The MINI will become a valuable
tool for construction industry, protecting furnishings and materials
between their delivery and installation dates. There are many
horizontal markets for the product including boats, aircraft, cars,
hangars, garages, barns, sheds, outbuildings, equipment, construction
sites, construction trailers, truck trailers and many others. View
chooses to concentrate its initial marketing and sales efforts in the
large and growing retail, "do-it yourself," security market.
The product retails for $299.99 and can be purchased online by visiting
www.minisimcam.com.
View Systems CEO, Gunther Than, states, "We estimate that sales of the
MINI will lead to revenues in excess of several million dollars in the
first year after introduction. We have radio and TV inventory available
through our marketing partner, Visisys. We have hired an Internet sales
expert who is developing a direct sales channel to inject the MINI into
the retail Internet sales channels."
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 on the
website at www.viewsystems.com.
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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.
CONTACT: Orion Financial
Brokers & Analysts
800-400-1290
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