SYS Technologies Receives Video Surveillance Order From ADT.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- SYS Technologies SYS Technologies (AMEX:SYS), also known simply as SYS, provides information technology products and services and wireless communications systems for the Department of Defense, Department of Homeland Security and various industrial customers. (AMEX AMEX See: American Stock Exchange :SYS SYS System(s) SYS System Configuration (File Name Extension) SYS See You Soon SYS Sun Yat-Sen (founder of Republic of China) SYS Stretch-Yawn Syndrome ), a leading provider of information connectivity solutions that enable real-time, complex decision-making, announced today its Public Safety, Security and Industrial Systems Group (PSSIG PSSIG Parallel Systems Special Interest Group ) has received an order to deliver its Marathon series video surveillance systems with a total value of approximately $200,000. The order was placed by ADT Security Services Please [ edit this article] to use the more expected of an encyclopedia, per Wikipedia's . , a Tyco company, for replacement of legacy digital video recording (DVR (1) (Digital Video Recorder) A device that records video onto a hard disk from one or more ceiling mounted video cameras. Part of a security system, the DVR typically supports 4, 8 or 16 separate camera channels. ) systems within a large national chain of cash advance stores. This new deployment increases SYS' DVR systems count to over 1,500 locations within this customer's network, which has yielded approximately $1.0 million in sales for SYS over the past twelve months and is expected to continue growing over the next year. Ben Goodwin, President of PSSIG, said, "This ongoing deployment highlights the value of our DVR systems for large network applications. Our Point of Sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ), Video Intelligence (VI) and Net Manager modules are driving Marathon's increasing popularity with customers as we continually refine the series in response to customer feedback. We expect even more interest with our most recent 6.0 release and further enhancements as we expand our range of solutions." Cliff Cooke, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of SYS, added, "SYS has deployed over 10,000 DVR systems worldwide and continues to provide operational tools to improve the cost efficiency of video surveillance systems on corporate networks. At the same time, we are pursuing non-POS video surveillance opportunities that include government and municipalities as well as integrating the cVideo technology into our Vigilys public safety solutions." About SYS Technologies SYS Technologies (AMEX:SYS) is a leading provider of information connectivity solutions that capture, analyze and present real-time information to our customers in the Department of Defense, Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States , other government agencies and to commercial companies. Using interoperable communications software, sensors, digital video broadcast and surveillance technologies, wireless networks, network management, decision-support tools and Net-centric technologies, our technical experts enhance complex decision-making. We also provide solution lifecycle support with program, financial, test and logistical services and training. Founded in 1966, SYS Technologies is headquartered in San Diego and has principal offices in California, Virginia and Maryland. For additional information, visit www.systechnologies.com. Notice Regarding Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release regarding the Company's strategies, plans, objectives, expectations, and future operating results are forward-looking statements. Although SYS believes that the expectations reflected in such forward-looking statements are reasonable at this time, it can give no assurance that such expectations will prove to have been correct. Actual results could differ materially based upon a number of factors including, but not limited to, the state of economy, competition, unanticipated business opportunities, availability of financing, market acceptance, government regulation, dependence on key personnel, limited public markets and liquidity, shares eligible for future sale, continuation and renewal of contracts and other risks that may apply to the Company, including risks that are disclosed in the Company's Securities and Exchange Commission filing. |
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