DirectView Begins A New Project For Mission Foods Valued In Excess Of 200k & Provides Update On Acquistion Progress.
NEW YORK, NY- New York, April 24, 2019 (GLOBE NEWSWIRE) -- DirectView Holdings, Inc. (DIRV), a company focused on ownership and management of leading video and security technology companies, today announced that it has begun processing a new equipment order for a new project with GRUMA Mission Foods, valued in excess of $200,000. DirectView is supplying the security, surveillance, and access control equipment, and its wholly-owned subsidiary, Virtual Surveillance, LLC. will be installing the equipment in a new facility for Mission Foods, the manufacturer of tortilla-related products and subsidiary of the multinational, $3.7B publicly-traded GRUMA Corporation.
As noted in DirectView’s press release on November, 8th, 2018 (DirectView's Virtual Surveillance Completes $600,000.00 Surveillance Project for Mission Foods and Begins Designing New Locations), the new Mission Foods project DirectView announced today spent time in the design phase, following the completion of a security, surveillance, and access control installation project valued at $600,000, for Mission Foods’ 800,000 square foot facility in Grand Prairie, Texas. The security and surveillance solution in order for the next project is state-of-the-art and designed to insure employee safety, loss prevention, quality control, and access restriction.
“With the first quarter of 2019 behind us, we are now more focused than ever to complete our previously announced acquisition, which, once complete, will provide DirectView and its subsidiaries the operational synergies required to move forward efficaciously with multiple projects of scale,” stated Roger Ralston, CEO and Chairman of DirectView Holdings. “Transactions of this size require proper diligence and time to ensure everything is done properly. We are confident that, in the end, it will be worth the wait. Once the acquisition is complete, we anticipate DirectView will reduce its expenses, expand its buying power, and generate higher revenue. As it relates to our next big project with Mission Foods, we are grateful and honored to be chosen to design, supply and install the security, surveillance, and access control infrastructure for this world-renowned company in the food space. We are eager to have the project completed in a timely fashion, and as professionally as possible.”
About DirectView Holdings, Inc.
DirectView Holdings, Inc., together with its subsidiaries, provides video surveillance solutions and teleconferencing products and services to businesses and organizations. The company operates in two divisions, Security (Video Surveillance) and Video Conferencing. The Security division offers technologies in surveillance systems providing onsite and remote video and audio surveillance, digital video recording, and services. It also sells and installs surveillance systems; and sells maintenance agreements. The company sells its products and services in the United States and internationally through direct sales force, referrals, and its Websites. The Video Conferencing division offers teleconferencing products and services that enable clients to conduct remote meetings by linking participants in geographically dispersed locations. It is involved in the sale of conferencing services based upon usage, the sale and installation of video equipment, and the sale of maintenance agreements. This division primarily provides conferencing products and services to numerous organizations ranging from law firms, banks, high tech companies and government organizations. For more information visit our website at www.DirectView.com and connect with us on Twitter, LinkedIn, Facebook, and Google+.
DirectView Holdings, Inc.
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