PRZOOM - /newswire/ -
Austin, TX, United States, 2007/09/18 - Visual Management Systems, Inc. (OTCBB: VMSY), a leading Digital Surveillance company based in Toms River, N.J., provides an operational update, the first since the company went public through a reverse-merger.
Visual Management Systems, Inc., a leading Digital Surveillance company based in Toms River, N.J., is pleased to provide an operational update, the first since the company went public through a reverse-merger on June 15, 2007.
Visual Management Systems (VMS) is an emerging leader in loss prevention management solutions and digital surveillance technologies that helps corporate, government and individuals improve safety and security, worker productivity, and return on investment, all while being able to view their businesses live from anywhere in the world.
“Since commencing operations in 2003, our company has grown at a blistering pace with revenues exceeding $4 million in 2006 and over $11 million since inception,” said Chief Executive Officer Jason Gonzalez. “We are committed to maintaining our proven track record of delivering impressive growth and shareholder value.”
The company has secured an impressive client roster that includes companies such as Harley Davidson, TGI Fridays, Clearview Cinema, Dunkin Donuts, Exxon, Best Western, French Consulate, 7-11, Hampton Inn, Central Jersey Airport, Applebee’s, McDonald’s, KFC, Residence Inn and Taco Bell Restaurants. Further, the company has secured strategic alliances and sales partnerships with numerous top companies within their prospective industries. Companies such as Northern Video, Windy City Wire, Pelco, and Netgear supply DVR components to VMS.
2007 has already been a significant year for the company. VMS completed a reverse-merger and began trading publicly on the OTC Bulletin Board under the stock symbol VMSY. The company elected to go public through this route as a way to attract capital with minimal dilution, to expedite growth of the company, and fund new product initiatives.
Moving forward, the company is implementing a growth strategy that includes an aggressive marketing plan which will expand its sales force, establish telemarketing centers, and increase its regional and satellite offices geographically. VMS also plans to pursue a senior stock listing in the next 12 to 18 months to elevate the company’s status within the financial community, opening the opportunity for investment to a broader universe of institutions.
About Visual Management Systems
Visual Management Systems, Inc. (vmscctv.com) is a publicly-held manufacturer and marketer of loss prevention systems with shares traded under the stock symbol VMSY. VMS delivers online corporate surveillance solutions anytime, anywhere that can help companies improve safety and security, worker productivity, customer service and return on investment (ROI). Users of VMS’s surveillance technologies can view their operations live from anywhere in the world. Through its wholly-owned subsidiary, Visual Management Financial Services, the company provides flexible financial options for equipment and service purchases, making VMS solutions affordable for all types of businesses. For more information visit the company’s Website or contact corporate headquarters at 1-877-323-CCTV.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Certain statements in this press release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements express or implied by such forward-looking statements. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, and the company's ability to attract and retain key personnel.