Remote Surveillance Technologies, Inc. Provides Video Security Design and Integration for Cajon Valley Union School District31 January 2007
Remote Surveillance Technologies, Inc. (PINKSHEETS: RSUR) ("RST or the "Company") (www.rsttech.net) is pleased to announce that the Company is the provider for the design and installation of multi-campus closed circuit surveillance systems for the Cajon Valley Union School District. The Company considers the security market for educational facilities to be a major growth market for it in 2007. Since the rise in public school violence, especially at the middle school and high school levels, is of great concern to the parents of school-age children throughout America. The use of RST's new, integrated security technologies, which can identify and interact with individuals, will help mitigate criminal opportunities and activities on school premises.
The video security systems, located at two middle schools in El Cajon, California, were designed and integrated by RST into a district-wide grid of surveillance cameras. The cameras will enable school officials to reduce vandalism after hours, and document various criminal activities, which occur on the campuses. Administrators now have the flexibility to utilize the off-site, integrated video monitoring services offered by RST, in lieu of hiring an on-site guard service, which would be more expensive and much less effective.
Dr. Laurence Harper, President and CEO of RST, commenting on this extension of the Company's products and services to the educational market, stated: "This represents a great opportunity for RST, as San Diego, CA spent approximately $20 million in 2006 to harden security at various campuses throughout the county. We believe that traditional methods employed, in dealing with this issue, have obviously failed. The American public, when it comes to protecting their children, have shifted from resolutely advocating privacy, to demanding methods of providing a safer campus environment. Our intention is to use our solutions-based, integrated security technology, to assist in making the Cajon Valley Union School District a safer place to educate the community's children. We also consider this to be a substantial growth opportunity for RST in 2007, as we utilize the results that we are achieving in El Cajon to address security needs at school systems throughout California, as well as elsewhere in the United States."
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ABOUT REMOTE SURVEILLANCE TECHNOLOGIES
Remote Surveillance Technologies is a full-service electronic security systems integrator and remote surveillance monitoring company. RST provides security analysis, systems design, equipment purchase, installation, and integration for off-site video monitoring. RST revenue is generated from both recurring video monitoring fees and systems installations. The monitoring advantages offered by RST to its clients include: the elimination of false alarms; incident verification at physical plant and with corporate vehicles; immediate notification to law enforcement; description and physical location of perpetrator(s) to law enforcement during the crime; immediate voice interaction with perpetrator(s); 24/7 on-site digital image recording and storage; redundant recording of events at monitoring station to preserve evidence, alarm indicator points for ease of reviewing incidents; and the significant lowering of the clients' security costs by reducing or eliminating on-site guard personnel.
The Company spent most of 2006, its initial year of business operations, developing the Company's infrastructure, building the 24/7 monitoring facility and soliciting contracts and accounts. Clients of the Company currently include: SC Fuels, Cajon Valley School District, Charriol Geneve Jewelers, Southland Transit and two very large high-tech companies in Southern California. The Company projects reaching $4.6 million of gross sales in 2007 and $16,500,000 of gross sales in 2008. Gross margins should exceed 40% in both 2007 and 2008, with the Company realizing net profits of $300,000 in 2007 and $1,600,000 in 2008.
FORWARD-LOOKING STATEMENT: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in the Security and Surveillance industry; the positioning of RST in the market; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether RST can successfully gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.
CONTACT INFORMATION:
Remote Surveillance Technologies Dr. Laurence H. Harper (949)829-9300 harper@rsttech.com
INVESTOR RELATIONS CONTACT:
Gerald Kieft or Ryan Audin Wall Street Resources, Inc. 2646 SW Mapp Road, Suite 303 Palm City, Florida 34990 (772)219-7525 http://www.wallstreetresources.net
SOURCE: Remote Surveillance Technologies
Source: marketwire
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