BALTIMORE, MD–(CRWENewswire - 03/29/11) - View Systems, Inc. (OTC.BB:VSYM), posted its annual report this week, revealing increased revenues and decreased operating costs.
View Systems demonstrated a solid increase in product sales, resulting in increased revenues for the year ended December 31, 2010, compared to the year ended December 31, 2009. Cost of sales added up to approximately 29% of net revenues for 2010, as opposed to 49% of net revenues reported in 2009; a huge decrease of 20%. Cost of sales includes costs of products sold and shipping expenses.

For 2010, the total operating expense decreased by $789,659, a reduction of 43% compared to 2009. Net income (loss) was ($513,353) in 2010 and ($1,560,012) in 2009; a tremendous improvement of $1,046,659.

Gunther Than, CEO of View Systems, states, “We have experienced an incremental increase in product sales and orders. Our backlog on contracts and requests for proposal has grown significantly and are beyond the totals for all of last year. The huge reduction of costs due to economies of scale is leading to not only increased revenues, but new markets previously inaccessible.

“As of December 31, 2010, our backlog of open orders was $265,000. Our indicated and response to requests for proposal was in excess of $730,000. We are experiencing new demand in our core target markets of schools. After-sales care, particularly unit upgrades, warranty contract renewals, and additional product sales continue to fuel our growth. The international market has showed a renewed interest, probably due to the political turbulence, and we have been negotiating larger unit orders. We have recently negotiated new orders coming from India and Saudi Arabia.

“We are progressing with our strategic decision of pursuing mergers and acquisitions utilizing our substantial tax asset, worth in excess of over $9 million.”

About View Systems:
View Systems, Inc. manufactures and installs weapons detection identification systems, video management platforms and tele-data 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.

TO SIGN UP FOR VIEW’S NEWS SERVICE: Please email news@viewsystems.com with NEWSLETTER in the subject line. Please include your name, telephone number and email address in the body of the email. You can also sign up by visiting our website at www.viewsystems.com and clicking on the NEWSLETTER link. Signing up for this service will entitle you to receive a copy of each news release and bulletin via email.

Contact:

Investors Contact:
View Systems, Inc.
Investor Relations
410-242-8439

Source: View Systems, Inc.

*********************************

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. crwenewswire.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers.Our disclaimer (Read more at http://www.crwenewswire.com/disclaimer) is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold crwenewswire.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings, Inc. (CRWE.OB) was previously compensated five hundred thousand shares from a third party for 60 days (which has expired) of advertisement services for View Systems Inc. (VSYM.OB) during the year of 2009

BALTIMORE, Aug. 12, 2010 (CRWENEWSWIRE) — View Systems, Inc. (OTCBB:VSYM), a security and tele-data solutions provider, announced today that a series of purchase orders have been received from the New Jersey Department of Corrections for new ViewScan Concealed Weapons Detection Systems. The NJDOC has purchased ViewScans in the past for each of its correctional facilities.

ViewScan is fast becoming the choice screening system across the country. It’s a computer-based system that can scan up to 1200 people per hour. As a person passes through the portal, a photograph is taken and stored on the laptop computer that comes with the unit. Threat objects are visually located on the computer screen and an audible alert can be set to sound. The ViewScan produces no harmful emissions so it’s safe for everyone.

ViewScan units are currently deployed in all Maryland and New Jersey correctional facilities, as well as in courthouses, banks, schools and other professional buildings across the country. ViewScan has been utilized on a rental basis by major banking firms to secure their shareholder meetings. It was also retained as part of the security measures for the Clinton Global Initiative five years in a row.

Gunther Than, CEO of View Systems, states, “We are delighted that the NJDOC has decided to continue to use the ViewScan systems for each of their facilities. This set of purchase orders is a testament to the reliability and functionality of the ViewScan unit.”

About View Systems:

View Systems, Inc. manufactures and installs weapons detection identification systems, video management platforms and tele-data 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.

TO SIGN UP FOR VIEW’S NEWS SERVICE: Please email news@viewsystems.com with NEWSLETTER in the subject line. Please include your name, telephone number and email address in the body of the email. You can also sign up by visiting our website at www.viewsystems.com and clicking on the NEWSLETTER link. Signing up for this service will entitle you to receive a copy of each news release and bulletin via email.

Contact:

Orion Financial
Investors Contact:
Brokers and Analysts
800-400-1290

Disclaimer:
CRWEnewswire is not liable for the contents of this news, as well as not being liable for any errors or delays in the content, or for any actions taken in reliance thereon. The Views and Opinions Expressed by the author are his or her opinions only and do not necessarily reflect those of Crown Equity Holdings or its agents, affiliates, officers, directors, staff, or contractors. The author at the time of this article did not own any shares or receive any consideration financial or otherwise from any company mentioned or referred to in the article.

**************************************************************

View Systems Inc. (VSYM.OB) provides security and surveillance products to law enforcement facilities such as correctional institutions as well as to government agencies, schools, courthouses, event and sports venues, the military, and commercial businesses. View Systems’ products are used by commercial businesses and residential consumers wishing to monitor their assets and limit their liability. As your needs grow and change, View Systems will be your security solutions provider.

ViewScan Concealed Weapons Detector (CWD) is a walk-through portal which uses advanced magnetics technology to accurately pinpoint threat objects on a visual image of the subject.

The LAW is a high sensitivity metal detector that features rapid speed and high definition technology. It makes a great addition to the ViewScan.

Positive ID verification is a set of tools geared towards checking visitors in and out of a correctional facility, courthouse or other secured location.

The MMV was designed with input from hundreds of first response professionals and emergency teams. It is a multi-mission video system which is worn by forward operators.

Whether used as a stand-alone system or in a network configuration, the TM series Digital Video Recorder (DVR) offers unrivaled features and performance at an unprecedented price level.

The HAWK delivers multiple simultaneous connections—all in a single, compact unit. This state-of-the-art internetworking device easily connects to multiple LANs and WANs allowing you to gain access to important information.

Volt Information Sciences, Inc. (NYSE:VOLT) stated recently that the New York Stock Exchange has provided the Company an additional extension, until December 31, 2010, to file its Annual Report on Form 10-K for the year ended November 1, 2009 with the Securities and Exchange Commission in order to maintain the continued listing and trading of the Company’s common stock on the NYSE. Under NYSE rules, the Company previously had an extension to file the report until August 2, 2010. The NYSE has advised the Company that the extension is subject to reassessment on an ongoing basis and that the Exchange will closely monitor the progress made toward the filing of the 10-K Report during this additional period.

Volt has previously reported that it is delayed in filing this Report, is in the process of restating its financial statements for its 2007 and 2008 fiscal years, and is examining whether periods prior to fiscal 2007 will need to be restated. The Company noted that it expects to file the Report within the time frame required by the New York Stock Exchange.

Volt Information Sciences, Inc. is a leading provider of global infrastructure solutions in technology, information services and staffing acquisition for its FORTUNE 100 customer base. Operating through an international network of servicing locations, the staffing segment fulfills IT, engineering, administrative, and industrial workforce requirements of its customers, for both professional search and temporary/contingent personnel as well as managed services programs and Recruitment Process Outsourcing (RPO) services. Technology infrastructure services include telecommunications engineering, construction, and installation; central office services; and IT managed services and maintenance. Information-based services are primarily directory assistance, operator services, database management, and directory printing.

McAfee (NYSE:MFE) has in place a definitive agreement to acquire privately-owned tenCube, the provider of WaveSecure, a leading mobile security service that safeguards smartphones in case of loss or theft, ensures mobile data protection, and enhances the possibility of recovering devices. With the WaveSecure service, which supports Android, BlackBerry, Windows Mobile, and Symbian devices, consumers can locate a missing mobile device, lock the smartphone to prevent unauthorized use or access to data, and remotely wipe all data from the device. The acquisition will enable McAfee to further extend its leadership in the mobile security market by offering consumers a complete and secure way to stay in control of mobile devices and data.

Device loss and theft are the biggest security threats facing mobile users. Today’s smartphones can contain the same amount of personal information that resides on a computer, from contacts and photos to sensitive financial information like credit card numbers and banking passwords. The WaveSecure service not only eases the stress and hassle that comes when a cell phone is lost or stolen, but also provides critical protection for the data that resides on the device. With WaveSecure automatic data backup, users ensure that all information on the cell phone is recoverable and accessible online. Additionally, the WaveSecure service can remotely locate a misplaced device and display a message on its screen that explains how to return the phone to its owner, increasing the chances that a lost device will be recovered.

“There has been a tremendous amount of innovation in the past year with smartphones and other mobile devices, which really puts McAfee at a tipping point,” said Todd Gebhart, executive vice president of consumer, mobile, and small business at McAfee. “With our more than 20 years of expertise in securing the endpoint, eight years experience securing mobile devices, and a vast partner ecosystem, we are well set to innovate and deliver the broadest mobile platform available.”

**************************************************************

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer ) . Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) was previously compensated five hundred thousand shares from a third party for 60 days (which has expired) of advertisement services for View Systems Inc. (VSYM.OB).

**************************************************************

View Systems, Inc. (OTCBB:VSYM), a security and tele-data solutions provider, reported recently that a military facility has placed an order for an MMV: Multi-Mission Video Recorder.

The MMV was designed with input from hundreds of first response professionals and emergency teams. It is a multi-mission video system that is meant to be worn by forward operators. This rugged and compact system is easy to deploy and use. The body-worn camera and transmitter set send clear and steady video back to scene commanders in real time. The system signal can also be encrypted so that the video can only be seen at the specific viewing console. The unit can also be placed on K-9 units during law enforcement search and rescue operations.

Gunther Than, CEO of View Systems, states, “This government order is a testament to the performance and reliability of the MMV system.

View Systems, Inc. manufactures and installs weapons detection identification systems, video management platforms and tele-data communication networks targeted towards correctional facilities, schools, courthouses, government agencies, event and sports venues, and commercial businesses.

View Systems International is a branch of View Systems Inc. geared towards servicing the security requirements of nations abroad. View Systems International provides the same products internationally that View Systems provides within the U.S. View Systems International is quickly expanding worldwide, proving that the company provides “Global Security You Can Trust.”

GSE Systems, Inc. (NYSE Amex:GVP), a leading global provider of real-time simulation and training solutions to the power, process, manufacturing and Government sectors, was awarded approximately $7 million of new work in its nuclear simulation sector. Included in the awards is a contract to construct a Westinghouse AP1000TM plant simulator for Southern Nuclear’s Vogtle site located in Georgia and a contract for the remaining value of the Haiyang AP1000 TM simulator in China. In addition, the Company received awards for upgrade services from the U.S. Nuclear Regulatory Commission.

John V. Moran, GSE’s Chief Executive Officer stated, “For GSE, the contract for the first domestic AP1000 TM plant simulator marks the true start of the nuclear renaissance in America. Of the 25 applications formally filed with the NRC to build new reactor plants in the United States,13 have selected the AP1000 TM design. In addition, the selection of our RELAP5-HD TM code by the NRC adds significant credibility to our product and bodes well for overall industry acceptance of this solution.”

GSE Systems, Inc. provides training simulators and educational solutions. The Company has over three decades of experience, over 362 installations, and 100 customers in more than 40 countries. GSE Systems’ software, hardware and integrated training solutions leverage proven technologies to deliver real-world business advantages to the energy, process, manufacturing and government sectors worldwide. GSE Systems is headquartered in Sykesville, Maryland located in the western suburbs of Baltimore, Maryland. The Company’s global locations include offices in St. Marys and Augusta, Georgia; Tarrytown, New York; Nyköping, Sweden; Stockton-on-Tees, UK; and Beijing, China.

Notify Technology Corporation, (OTC BB: NTFY) is an independent software vendor (ISV) specializing in wireless solutions and services that provide secure synchronized email and PIM access and management to any size organization or business on a variety of wireless 2-way devices and networks. Notify sells its wireless products directly and through authorized resellers internationally. Notify is an official Apple iPhone Development Partner, BlackBerry ISV Alliance Member, Symbian Alliance Member, and Palm Select Partner. The Company is headquartered in San Jose, California.

In late 2000 Notify entered the wireless market by supporting a variety of Motorola paging devices with wireless email and PIM functionality. Notify evolved its wireless product strategy to encompass the availability of next generation converged PDA’s with cellular telephone capability based on Palm, Apple iPhone, Windows Mobile, Blackberry and Symbian (For Symbian, check supported devices) operating environments. Notify launched its first version of its NotifyLink Enterprise Edition in early 2001.

Today the NotifyLink and NotifySync solutions provide a single solution for Novell GroupWise, Microsoft Exchange, and a variety of Other Collaboration Suites including; Mirapoint, CommuniGate Pro, Scalix, Oracle OCS, Oracle Beehive, Google, Kerio, MDaemon, Zimbra, FirstClass, Sun and Meeting Maker. In addition, the NotifyLink solution provides support for a variety of networks including GSM/GPRS/EDGE/3G-HSDPA , CDMA/1XRTT/EVDO, 802.11x, and Bluetooth.

Notify Technology’s corporate headquarters is located in San Jose, California where all sales, marketing, and finance are located. Notify has a second location in Canfield, Ohio where all product development and technical support is located.

**************************************************************

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer ) . Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) was previously compensated five hundred thousand shares from a third party for 60 days (which has expired) of advertisement services for View Systems Inc. (VSYM.OB).

**************************************************************

View Systems, Inc. (OTCBB:VSYM), a security and tele-data solutions provider, announced that the company’s Network ServicesDivision completed a high-definition security camera install at a government facility in Aberdeen, Maryland.

As a result of the quality of work, View has received indication that the facility will elect to add additional wireless cameras to the site.

In addition, the company has received a wireless surveillance installation contract in a large Maryland marina.

Paul Price, Vice President of View’s Network Services Division, states, “We are pleased to have satisfactorily completed the job at the highly-secured facility in Aberdeen, and look forward to additional orders.”

View Systems, Inc. is scheduled to commence installation at a prominent Annapolis marina.

A marketing blast was sent to a majority of the marinas in the state of Maryland earlier this month. Several have responded and have requested site surveys. The installation at the marina in Annapolis will consist of a digital video recorder and multiple wired and wireless cameras.

View Systems, Inc. also announced that a military facility has placed an order for an MMV: Multi-Mission Video Recorder.

The MMV was designed with input from hundreds of first response professionals and emergency teams. It is a multi-mission video system that is meant to be worn by forward operators. This rugged and compact system is easy to deploy and use. The body-worn camera and transmitter set send clear and steady video back to scene commanders in real time. The system signal can also be encrypted so that the video can only be seen at the specific viewing console. The unit can also be placed on K-9 units during law enforcement search and rescue operations.

COPsync, Inc. (OTCBB:COYN), a software technology provider to law enforcement and emergency service professionals, announced that eight additional Texas law enforcement agencies have implemented the Company’s COPsync(TM) real-time mobile data information sharing software.

The following four Texas law enforcement agencies are the latest to receive federal funding under the Recovery Act - Edward Byrne Memorial Justice Assistance Grant (JAG) Program to implement the COPsync(TM) law enforcement information sharing technology: Bee County Sheriff’s Office, Culberson County Sheriff’s Office, Jim Hogg County Sheriff’s Office and Zavala County Sheriff’s Office. The City of Bullard Police Department, The City of Hawley Police Department, The City of Wells Police Department and The West Central Texas Inter-local Crime Task Force, all located in Texas, will self-fund the implementation of COPsync(TM) in their patrol vehicles.

The COPsync technology will bring these Agencies into compliance with federal mandates established by the U.S. Department of Justice and the U.S. Department of Homeland Security with respect to interoperability and information sharing. Any law enforcement officer on the COPsync network is immediately alerted if an individual with whom that officer is in contact has been determined to be a safety threat, has an active warrant for their arrest, is listed as a runaway or otherwise flagged in the system to be a person of interest. Officers on this network will now have direct access to criminal, incident and offense data obtained by any Agency using the network. This information allows law enforcement officers to prepare and respond intelligently to a potential threat and approach situations that arise with a proactive approach in lieu of always working in a reactive mode.

Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced the award of a $7.8 million fully funded task order under the U.S. Army Multiple Award Contract (MAC) for Theoretical Studies and Engineering Research.

The Naval Surface Warfare Center Port Hueneme Division White Sands Detachment (NSWC PHD Det WS) has a requirement to engineer, integrate and flight test a family of sub-orbital rockets to be used as diagnostic, tracking and target vehicles for various National Security missions. These vehicles are known as Aegis Readiness Assessment Vehicles (ARAVs).

Under this new Task Order Award, the Rocket Support Services (RSS) Business Unit of Kratos, through its contract with NSWC PHD Det WS, will manufacture and deliver 12 Oriole rocket systems, which are used in the ARAV-B type target mission configuration. Prior to this award, Kratos has previously delivered 24 similar Oriole rocket systems to the NSWC in support of the Aegis BMD Program. This new order of Oriole rocket systems is scheduled to be manufactured and delivered to NSWC over a 20 month period. Kratos was previously awarded a $100 million MAC for Theoretical Studies and Engineering Research contract under which this new task order has been awarded.

Kratos Defense & Security Solutions, Inc. provides mission critical products, services and solutions for United States National Security. Principal products, services and solution offerings relate to and support C5ISR, weapon systems sustainment, military weapon range operations and technical services, network engineering services, information assurance and cyber security solutions, security and surveillance systems, and critical infrastructure security system design and integration.

**************************************************************

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer ) . Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) was previously compensated five hundred thousand shares from a third party for 60 days (which has expired) of advertisement services for View Systems Inc. (VSYM.OB).