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View Systems, Inc.: View Systems Announces Letter of Intent to Merge


//science-technology.news-articles.net/content/2 .. systems-announces-letter-of-intent-to-merge.html
Published in Science and Technology on Monday, November 24th 2008 at 11:48 GMT by Market Wire   Print publication without navigation


BALTIMORE, MD--(Marketwire - November 24, 2008) - View Systems, Inc. (OTCBB: [ VSYM ]), a leading homeland defense solutions provider, announced today that the firm has agreed to merge with WYTAN, a Golden, Colorado-based electronics manufacturing company that specializes in surface mount and other emerging assembly technologies including Ball Grid Array, Micro BGA, Chip Scale Packages and Flip Chip.

Principals from both companies have met and are in discussions to execute a merger process.

Gunther Than, CEO of View Systems, states, "View's cutting-edge technologies and new products in development paired with WYTAN's manufacturing, assembly expertise and comprehensive engineering experience in the electronics industry will yield a beneficial partnership. We believe that this merger will allow for quicker turnaround of product which will, in turn, lead to increased sales and revenues. Although details of the merger need to be finalized, I am confident that it will be in short order. We will share more information with you, the valued investment community, as soon as it becomes available to us."

About View Systems, Inc.: View Systems, Inc. manufactures and installs unique security products targeted towards correctional facilities, schools, courthouses, government agencies, event and sports venues, the Military and commercial businesses.

To Opt-In To View's News Database: Email [ news@viewsystems.com ] with NEWSLETTER in the subject line. Please be sure to include your name, phone number and email address. You may also call 877-843-9462 or visit our website, [ www.viewsystems.com ], to sign up.

Forward-Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release 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.


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