View Systems Announces Year to Date Sales up 36%; Operating Expenses Down 26%
BALTIMORE, MD -- View Systems, Inc. (OTC
BB:VYST.OB - News), a leading security solutions provider, announced today that the firm
increased sales 36% this year to date and decreased operating expenses 26%. View is reporting
revenues to date for 2007 in the amount of $1,089,907.
Gunther Than, CEO of View Systems, states, "We continue to expand our distribution network
into the markets that demonstrate the greatest need. We are closely following the media's
attention to violence in schools. The United States Government is spending more money on
Homeland Security at both the state and local levels. Our order backlog remains strong. We are
using our receivables and cash infusions to deliver product faster.
We are increasing sales by offering numerous product demonstrations. When a demonstration
results in a sale, we then contact dealers in the area who are established and can best represent
our security products. We intend to keep our direct sales costs at a minimum by increasingly
working through distributors in the various geographical regions.
View Systems is still in merger negotiations, albeit with a series of new companies. We have
found a more efficient way to distribute product in the Middle East without the need to support
our own branch office there. We plan to continue steadily shipping our backlog. The second
quarter is indicative of what we expect to do next year."
About View Systems, Inc.
View Systems, Inc. manufactures and installs unique security products to government agencies,
schools, courthouses, event and sports venues, including the Military and commercial
businesses. View Systems' headline products include the SecureScan concealed weapons
detection (CWD) portal system with biometric capabilities and positive ID verification, as well
the R&D 100 Award winning VFR Visual First Responder camera system which is geared toward
emergency first responders.
Media Contact:
View Systems, Inc.
877-843-9462
www.viewsystems.com
