Science & Technology
Science and Technology
Science and Technology
Tue, January 13, 2009 GVI Security Solutions to Provide Comprehensive IP Video Surveillance Solution for So Paulo, Brazil Mass Transit System
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 will provide a comprehensive Samsung Electronics IP video solution for the São Paulo, Brazil Mass Transit System.
"With a population of over 11,000,000, São Paulo is the largest city in South America, and one of the fastest growing cities in the world," said Fernando Tomasiello, GVI Senior Vice President Int'l Operations and Sales. "As their Mass Transit System rapidly grows to meet the needs of their expanding population, the ease of deployment and rapid scalability of our GVI Samsung IP video solution made it the ideal choice for a system with an ongoing need to continually upgrade and expand their video security infrastructure."
The GVI Samsung Electronics IP video surveillance solution for the São Paulo Mass Transit System, one of the largest Mass Transit systems in the world, with daily ridership of over 5,000,000, features a range of GVI Samsung Electronics IP networked products including Samsung IP high-resolution day/night color video surveillance cameras and Samsung IP PTZ (Pan Tilt Zoom) high-resolution day/night dome cameras. The project installation is expected to be completed during the current quarter.
"The advanced features of our GVI Samsung IP video solutions are proving to be an important factor in winning large Latin American projects," said Joseph Restivo, GVI Chief Operating Officer/CFO. "Adding to our strong market presence in Latin America and established reputation for quality and reliability, the leading edge features of our IP products are helping us significantly expand our ongoing growth in winning large enterprise-level security projects in the region."
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.
