VSYM View Systems Announces Acquisition of FiberXpress, Inc. (DrStockPick News Report!)
VSYM, View Systems Inc, VSYM.OB
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View Systems Announces Acquisition of FiberXpress, Inc.
Wednesday July 29, 2009
DrStockPick News Report!
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View Systems Announces Acquisition of FiberXpress, Inc.
BALTIMORE, July 29, 2009 (CRWE NEWSWIRE) — View Systems, Inc. (OTCBB:VSYM), a security and teledata solutions provider, announced today that View has acquired FiberXpress, Inc., a company that specializes in online sales of fiber and copper networking equipment and connectivity products.
FiberXpress, Inc. is a Maryland-based company that started in 2000. FiberXpress sells products to IT professionals throughout the USA. Companies like Caterpillar, General Electric and General Dynamics purchase connectivity products directly from the web page, http://www.fiberxpress.com.
Gunther Than, CEO of View Systems, states, “The acquisition of FiberXpress will greatly add to our repertoire of products and services. This partnership will allow us to offer a wide range of fiber and copper networking products which may be purchased online. We are looking forward to the many opportunities that this new section of the business will create, especially since we’re also in the midst of actively pursuing and completing fiber optic network installations. In short, this acquisition looks like it will be one that will generate revenue and be a positive adjunct for the company.”
About View Systems, Inc.:
View Systems, Inc. manufactures and installs weapons detection identification systems, video management platforms and teledata communication networks targeted towards correctional facilities, schools, courthouses, government agencies, event and sports venues, and commercial businesses. More information can be found on the website at www.viewsystems.com.
Forward-Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are “forward-looking statements” and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company’s actual results could differ materially from expected results.
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Contact:
Orion Financial
Brokers and Analysts
800-400-1290
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