Diversified Security Solutions Signs Agreement with Port Authority of NY and NJ to Provide Electronic Security and Systems Integration Services for Three Metropolitan Airports.Business Editors SADDLE BROOK, N.J.--(BUSINESS WIRE)--Jan. 28, 2003 Diversified Security Solutions, Inc. (DSSI DSSI Diversified Scientific Services, Inc. DSSI Digital Storage Systems Interconnect DSSI Dead Sea Scrolls Institute (Trinity Western University, Canada) DSSI Digital Small Storage Interconnect ) (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 ), a full service provider of integrated security systems, today announced that it has entered into a contract with the Port Authority of New York and New Jersey Port Authority of New York and New Jersey, self-sustaining public corporation established in 1921 by the states of New York and New Jersey to administer the activities of the New York–New Jersey port area, which has a waterfront of c. to provide electronic security and systems integration services for the three major New York metropolitan area New York–Northern New Jersey–Long Island is the most populous metropolitan area in the United States and the third most populous in the world, after Tokyo and Mexico City. airports - John F. Kennedy "John Kennedy" and "JFK" redirect here. For other uses, see John Kennedy (disambiguation) and JFK (disambiguation). John Fitzgerald Kennedy (May 29, 1917–November 22, 1963), was the thirty-fifth President of the United States, serving from 1961 until his assassination in International (JFK), Newark Liberty International and LaGuardia. The agreement, which allows the Port Authority to enter into purchase orders with DSSI, consists of an initial three-year commitment with two, two-year extension options. Under the terms of the agreement, the Port Authority plans to utilize DSSI's systems integration services between each airport. DSSI and the Port Authority are planning to install an enterprise server that will govern all security and communications applications and will assist in streamlining operations. In addition, DSSI will work with the Port Authority to implement advanced biometric security devices, such as iris scans and thumb print recognition. As part of the agreement, DSSI will continue its service and maintenance of security workstations and access control systems for the three airports, as well as electronic photo identification badges. DSSI will also continue to manage the dedicated fiber optic security communications networks for each airport facility. James Henry James Henry is the name of:
About Diversified Security Solutions, Inc. Diversified Security Solutions, Inc. (www.dssi-hq.com) is a turnkey provider of technology-based integrated electronic security solutions for commercial enterprises and governmental agencies. The Company provides integrated security systems and services, emergency preparedness planning, and product development and manufacturing. Certain statements in this press release constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. There is no assurance that the Port Authority will issue any purchase orders to the Company. Furthermore, there is no assurance that either of the two-year extension options will be exercised. 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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