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View Systems, Inc.: View Systems, Inc. Retracts Previous Releases & Announces Acquisition

^{Published on 2009-02-25 08:46:29, Last Modified on 2009-02-25 08:46:58 - Market Wire}
 

BALTIMORE, MD--(Marketwire - February 25, 2009) - View Systems, Inc. (OTCBB: [ VSYM ]), a security and teledata solutions provider, has issued a retraction.

Material in news releases issued by View Systems, Inc. on February 10, 2009 and February 18, 2009, regarding contracts with Verizon, was stated erroneously and those news releases are hereby retracted.

View Systems has, however, acquired an experienced Tier I fiber optic installation company and has several installation contracts in the works.

View Systems CEO, Gunther Than, states, "Our installation contracts were not directly with Verizon. However, we are excited to be reentering the fiber optic business. The company we have acquired is currently active and is generating revenue. We look forward to a profitable future together."

About View Systems, Inc.:

View Systems, Inc. manufactures and installs weapons detection identification systems, video management platforms and teledata communication networks targeted towards correctional facilities, schools, courthouses, government agencies, event and sports venues, the military and commercial businesses. More information can be found on the website at [ www.viewsystems.com ].

TO SIGN UP FOR VIEW'S NEWS SERVICE: Please email [ news@viewsystems.com ] with NEWSLETTER in the subject line. Please include your name, telephone number and email address in the body of the email. You can also sign up by visiting our website at [ www.viewsystems.com ] and clicking on the NEWSLETTER link. Signing up for this service will entitle you to receive a copy of each news release and bulletin via email.