View Systems Opens Distribution Push With PAR Products

BALTIMORE, MD--(Marketwired - Mar 26, 2014) - View Systems, Inc. (OTCBB: VSYM), a Baltimore manufacturer and provider of integrated ferrous and non-ferrous weapons detection systems, announced today the signing of a sales/representation agreement with PAR Products of Southlake, Texas. This agreement marks the first of several such expected distribution and sales arrangements that View Systems, Inc. is undertaking through the networks and talents of dominating regional security product sellers, distributors and integrators.

PAR Products, founded in 1997, is the Southwest's top Manufacturer's Representative Company servicing alarm dealers and system integrators, security product distributors and end users. The recipient of numerous industry awards, PAR is the premier choice for security solutions in the Texas, Oklahoma, Arkansas and Louisiana markets. Headquartered in the Dallas/Ft. Worth area, PAR Products represents a diverse security product line that includes manufacturers such as Honeywell, Vitek, JVC and many others.

Tim Shriner, President and Owner of PAR said, "Weapons detection is a growth market that does not show any signs of slowing. The primary demand has been for weapons detection and metal scanning equipment that is quick, accurate and easy to use. View Systems has a product that fits all of those points and further sets them apart from the competitors by supplying video feed and recording. I believe they have the right product at the right price and solid history of supporting security dealers made this agreement a no-brainer for us to carry and advance into new markets. Most of our dealers have been trying to sell high-end security solutions that have a tendency to bleed the customer dry in training and service costs. That problem disappears with the View Scan System."

View Systems Vice President of Sales, Matt Schweiger said, "When we set in motion the new approach to sales and distribution, our focus was to build a First Class team of REP Firms across North America, with an eye toward teaming with top-notch, independent, regional distribution and sales networks that can bring the View Systems technology to a segment of the security product industry, where it has received almost no exposure in the past. We looked at who was out there and whom we needed to speak to -- PAR Products was at the top of that list. We are very pleased that we could take the first step toward our comprehensive distribution and sales initiative by successfully concluding this agreement with PAR."

About View Systems: View Systems, Inc. manufactures and installs weapons detection identification systems, video management platforms and tele-data communication networks targeted at a broad range of government and commercial users. More information can be found at www.viewsystems.com

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.

View Systems (CE) (USOTC:VSYM)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024