|By Business Wire||
|May 16, 2008 02:48 PM EDT||
GVI Security Solutions, Inc. (OTCBB:GVSS), a leading provider of video security surveillance solutions featuring the complete Samsung Electronics line of products, announced new and expanded projects wins for their GVI Samsung School Video Security Initiative. The projects include a new GVI Samsung video security solution for the Suncoast Polytechnical High School and a new order expanding the project for the Sarasota County School District.
The project for the Sarasota County School District video security program will raise the total number of installed GVI Samsung cameras in the district to over 2500. The new order also heralds the introduction of GVI’s new Samsung 40 inch, high resolution LCD security monitors, which are being installed to provide the Sarasota County School District with one of the most advanced large flat panel wide screen monitoring options in school video security.
The new project at Suncoast Polytechnical High School provides a complete video solution featuring GVI’s Samsung Electronics color dome cameras and Samsung 17 inch flat panel LCD monitors.
“GVI’s partnership with Samsung in the School Video Security Initiative is continuing to move ahead with leading products and a growing presence in this important, rapidly growing, high value market vertical,” said GVI Chairman Steven Walin. “New products, like our 40 inch Samsung LCD flat panel monitors, keep us at the forefront in providing effective, reliable easy to use security systems for schools and universities nationwide.”
The GVI sales rep partner for both projects is Southeast Security Products of Pompano Beach Florida, which represents GVI Samsung throughout the Southeast including Florida, Alabama, South and North Carolina, Georgia, Tennessee and Southern Virginia.
About GVI Security Solutions, Inc.
GVI Security Solutions Inc. is a leading provider of video surveillance security solutions to the homeland security, institutional and commercial market segments.
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.
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