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GVI Security Solutions Wins Major Prison System Video SurveillanceProject

^{Published on 2008-11-18 08:50:38 - Market Wire}
 

CARROLLTON, Texas--([ BUSINESS WIRE ])--GVI Security Solutions, Inc., (OTCBB: GVSS), a leading provider of video security surveillance solutions featuring the complete Samsung Electronics line of products has won a contract to provide a comprehensive video surveillance system for the prison system of one of the largest Nations in Latin America.

The project, commencing this week, includes a broad range of GVI Samsung Electronics video surveillance solutions encompassing a wide selection of high performance GVI Samsung anti-vandal cameras selected to meet location and environmental specific needs in the prison system, including indoor and outdoor applications and accessories. The project also includes GVI Samsung PC Based Dual Codec Stand Alone DVRs and an extensive array of GVI switchers, controllers, hubs and transceivers.

"We appreciate the confidence that this key Latin American Nation placed in GVI Samsung Electronics' ability to help rapidly secure these critical facilities," said Joseph Restivo, GVI Chief Operating Officer/CFO. "Our long presence in Latin America and established reputation for quality and reliability is helping us significantly expand our ongoing growth in winning large enterprise-level security projects in the region."

Designed to enhance the security of the Nation's prison facilities to meet more rigorous requirements found necessary due to rising crime and the threat of narco-terrorism; the initial installation in five of the correctional system's prison facilities is scheduled for rapid completion before the close of 2008.

"The prison system of one of the largest countries in Latin America faced a critical need to upgrade the security in their facilities," said Fernando Tomasiello, GVI Senior Vice President Int'l Operations and Sales. "Their decision to select GVI Samsung Electronics for rapid deployment in five of their prisons was due both to the superior quality of our products as well as the high value placed on GVI's extensive service and support networks in the region."

This is the tenth major Latin American Region announcement for GVI in 2008 including:

• Banking: a 155-branch bank video security project, as well as the largest public bank in Latin America
• Public safety: a multi-city Colombian government Wireless IP security video surveillance project, and a major citywide public video surveillance project in Mexico
• Retail chains: the Mexico operations of a leading multi-national retail chain, and a major Mexican furniture chain
• Recreation: South America's second largest soccer stadium

Full text of these releases is available at:

[ http://phx.corporate-ir.net/phoenix.zhtml?c=191877&p=irol-news ]

About GVI Security Solutions, Inc.

GVI Security Solutions, Inc. (OTCBB: GVSS) is a leading provider of video surveillance and security solutions, with sales and service representation throughout North, Central and South America. The company provides Samsung Electronics and GVI branded products, software and services to the Homeland Security and Commercial markets. Their customers include governments, major retail chains, leading financial institutions and public and private school systems.

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; concentration of customers; 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.