Diversified Security Solutions CEO James E. Henry Talks About "New Dimension in Security" During Bloomberg Interview.Business Editors SADDLE BROOK, N.J.--(BUSINESS WIRE)--Aug. 30, 2002 Diversified Security Solutions, Inc. (AMEX AMEX See: American Stock Exchange : DVS DVS Det Vill Säga (Swedish) DVS Descriptive Video Service DVS Dynamic Voltage Scaling DVS Driver and Vehicle Services (Minnesota) DVS Digital Video System DVS Digital Video Services ) Chairman and Chief Executive Officer James E. Henry said today that the landscape for security system integrators is changing rapidly with threat assessment and vulnerability assessment A Department of Defense, command, or unit-level evaluation (assessment) to determine the vulnerability of a terrorist attack against an installation, unit, exercise, port, ship, residence, facility, or other site. becoming a key component of the Company's approach to new challenges in the area of Homeland Security. "We call it a 'new dimension' in security," Mr. Henry said in an interview with the Bloomberg news agency. "That very much distinguishes us from the competition in our space in physical security." DVS Executive Vice President Sal Lifrieri, who joined Mr. Henry in an interview with the Bloomberg Forum, said that putting crisis contingency plans in place before a terrorist act or natural disaster are critical aspects of the security business. "Natural hazards can affect a company as bad as a terrorist bombing," Mr. Lifrieri said. "A water main break in front of your facility can take you down and stop you from doing business. Those are the types of things that we want to key on." Mr. Lifrieri, a counterterrorism coun·ter·ter·ror adj. Intended to prevent or counteract terrorism: counterterror measures; counterterror weapons. n. Action or strategy intended to counteract or suppress terrorism. expert who recently joined the Diversified Security Solutions, served under New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. Mayor Rudolph Giuliani as Director of Security and Intelligence Operations for the Office of Emergency Management from January 1997 to January 2001. He also is the founder of Protective Consultants Inc., a security consulting firm. The interview can be accessed on the Internet via www.bloomberg.com. Key in the Diversified Security Solutions ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors DVS, click on the section "Read News on DVS." Then click on the headline at the top of the page listing the interview. Diversified Security Solutions, Inc. is a turnkey provider of technology-based integrated electronic security solutions for commercial enterprises and governmental agencies. The Company has two operating subsidiaries: Viscom Products develops and manufactures security-related products. Henry Bros BROS Brothers BROS Benefits and Retirement Operations Section (King County, Washington) BROS Barnes and Richmond Operatic Society (London, UK) . Electronics (HBE) provides security integration services. Diversified Security Solutions, though its wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , now has offices in California, Texas and New Jersey. Certain statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, as amended. There can be no assurance that the Diversified Security Solutions will generate revenues from conducting threat and vulnerability assessments. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward looking statements is contained under the heading of risk factors listed from time to time in the Company's prospectus and in filings with the U.S. Securities and Exchange Commission. We do not assume any obligation to update the forward-looking information. |
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