The Incorporation of Artificial Intelligence in Video Surveillance Systems is Now a Reality and Offered by DirectView
NEW YORK-DirectView Holdings, Inc., (OTC: DIRV) (“DirectView” or the “Company”), a company focused on ownership and management of leading video and security technology companies, announced today that the Company has seen a rise in new requests from a number of key markets, adding to the company’s client base.
Requests have been coming in from schools, aviation, data centers and hotels. The company is currently working with a number of clients who wish to either replace their current systems or fortify what they have with new surveillance technology.
Roger Ralston, DirectView’s CEO said, “It’s projected that the video surveillance system market will reach a value of $43.8 billion by 2025, and if you gave me that projection a decade ago, I wouldn’t have believed it. With advancements in cloud computing and artificial intelligence, a projection like this is not only feasible, it’s also something that we at DirectView can relate to. DirectView is seeing a substantial increase in orders this year. The surveillance systems of today are beginning to use AI technology to detect the behaviors that lead to crime like shoplifting, vandalism and terror attacks, all done in real-time.”
DirectView management believes 2018 will shatter company records. As previously reported in 10-Q filing, DirectView saw year/year sales growth of 1,689% for the three months ended September 30th, 2017.
Cautionary Statement Regarding Forward Looking Statements
Forward Looking Statements: This press release contains forward-looking statements that involve a number of risks and uncertainties, including statements regarding the outlook of the Company’s business and results of operations. By nature, these risks and uncertainties could cause actual results to differ materially from those indicated. Generally speaking, any statements using terms such as “will,” “expect,” “anticipate,” or “may,” or which otherwise predict or address future results or events, are likely to contain forward-looking statements. It is important to note that actual results may differ materially from what is indicated in any forward-looking statement. Readers should consider any forward-looking statements in light of factors that could cause actual results to vary. These factors are described in our filings with the SEC, and readers should refer to those filings, including Risk Factors described in those filings, in connection with any forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.