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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:
  • James Henry (delegate) (1731-1804), US lawyer, Continental Congressman for Virginia
  • James Henry (poet) (1798-1876), Irish poet and scholar
  • James Henry (writer), British comedy writer
, Chairman and Chief Executive Officer of DSSI, said, "We are delighted at the opportunity to expand our relationship with the Port Authority of New York and New Jersey. Having worked with the Port Authority in the past, we have had a chance to evaluate ways in which to assist in the process of improving security at New York's major airports. DSSI is current on state-of-the-art technologies and trends in aviation security. We look forward to working with the Port Authority and to assist them in being at the forefront of implementing the best in advanced security systems for the largest airport network in the world."

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.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 28, 2003
Words:494
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