Multi-Billion Dollar Security Products & Advanced
Surveillance System Market Continues to Grow As A Result From
Strong Demand for New Installations & Maintenance
Agreements
Coral Springs, FL -- February 2, 2016 -- InvestorsHub
NewsWire -- Security Industry sector continues to show promise as
latest security products and systems which include various
components such as surveillance systems, intruder alarms, access
control systems and software fuels growing demand for newest and
advanced security systems installations and product
development. Todays security systems & product companies
in with recent developments of importance are: DirectView Holdings,
Inc. (OTC: DIRV), The ADT Corporation (NYSE: ADT), Tyco
International plc (NYSE: TYC), LoJack Corporation (NASDAQ: LOJN)
and The Brinks Company (NYSE: BCO).
DirectView Holdings, Inc. (OTC: DIRV), a company focused on
ownership and management of leading video and security technology
companies, today announced that it has been selected by LBU Group
(LBU), to provide complete surveillance systems for its nine retail
locations throughout Florida. DirectView will install a full
array of surveillance cameras and NVR recording equipment at each
location as well as a remote monitoring center at LBUs headquarters
in Deerfield Beach, Florida. The full installation contract
is projected at in excess of $100,000. In addition,
DirectView has received a ten year ongoing system maintenance
agreement.
To read the full Directview (DIRV) Press Release go
to: http://www.financialnewsmedia.com/profiles/dirv.html
Mr. Jake Gersowsky, CFO of LBU, commented, As an established
retail chain, we know that having the highest level of security and
surveillance at our locations helps us to provide an exceptional
shopping experience for our customers while minimizing loss from
theft and creating a safer workplace for our employees. We selected
DirectView for their extensive expertise and top notch products and
we look forward to a long lasting relationship with them as we grow
our company in the years to come. Roger Ralston, CEO and
Chairman of DirectView, stated We are excited to have been chosen
by LBU to provide our comprehensive surveillance systems for all of
their Florida locations. Our systems provide retail
organizations with extensive monitoring for theft prevention as
well as customer and employee safety which is critical in todays
environment. We look forward to building a long lasting
relationship with LBU at their current locations and as they expand
in the future.
In other security products and surveillance system news and
developments: The ADT Corporation (NYSE: ADT), a leading
provider of security and automation solutions for homes and
businesses, earlier this month welcomed August Smart Lock and the
Ring Video Doorbell to its Smart Security ecosystem by integrating
those solutions with ADT Pulse. These new partners come on the
heels of a recent announcement that Pulse customers nationwide can
integrate Nest Learning Thermostats within Pulse. ADT is
creating the ultimate security and home automation ecosystem
through strategic partnerships, said Arthur Ordua, Chief Innovation
Officer of ADT. Were giving customers the ability to design a
custom smart home experience that integrates a diverse array of
beautiful, engaging products with the premium safety and security
they count on from ADT.
Tyco International plc (NYSE: TYC) recently announced that it
has completed its previously announced acquisition of ShopperTrak,
a Chicago-based leading global provider of analytics for the retail
industry, for approximately $175 million in cash. ShopperTrak's
solutions include perimeter traffic counting, in-store consumer
behavior analytics and industry benchmarking. Combining these
capabilities with its existing loss prevention, inventory
intelligence and retail traffic analytics solutions, Tyco now
offers retailers a unique combination of insights that they can use
to make more informed decisions to improve their revenue and
profitability.
CalAmp (NASDAQ: CAMP), a leading provider of wireless products,
services and solutions, and LoJack Corporation (NASDAQ: LOJN)
("LoJack"), a provider of vehicle theft recovery systems and
advanced fleet management solutions, announced that the companies
have entered into a definitive agreement pursuant to which CalAmp
will acquire all of the outstanding shares of common stock of
LoJack for $6.45 per share in an all cash transaction valued at
approximately $134 million.
The Brinks Company (NYSE: BCO), a global leader in
security-related services, announced earlier this month that
it has entered into an agreement with Starboard Value LP, which has
a combined beneficial and economic ownership of approximately 12.3%
of the Companys outstanding common stock, regarding the composition
of the Brinks Board of Directors. Under the terms of the agreement,
the Brinks Board of Directors has elected Ian D. Clough, George I.
Stoeckert and Peter A. Feld to the Board, effective immediately.
Mr. Clough, Mr. Stoeckert and Mr. Feld will stand for election as
nominees of Brinks at the Brinks 2016 annual meeting of
shareholders, together with incumbent director Paul G.
Boynton. In connection with the appointment of the new
directors, Murray D. Martin and Ronald L. Turner have retired from
the Board of Directors, effective immediately.
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