View Systems, an established security services provider, is
continuing to increase its market share in the booming security industry
through the development and commercialization of its groundbreaking ViewScan
concealed weapons detection (CWD) system. In recent months, the company has
made strides toward sustainable growth by targeting its marketing efforts in
the direction of potentially expansive security opportunities – including
schools, prisons, police stations, events and building lobbies seeking
heightened and efficient security.
Unlike traditional CWD systems, the ViewScan platform
accelerates the accurate detection of threat objects by eliminating many of the
false positives associated with non-threatening personal artifacts, such as
coins, keys and belt buckles. In June, View Systems built upon its
industry-leading technology by initiating manufacturing efforts on an enhanced
ViewScan product. This product update adds improved threat recognition and
subject identification capabilities to allow for more comprehensive control of
security screening processes.
“Our ViewScan weapon detection system boasts numerous
advantages over ordinary metal detectors on the market,” Gunther Than, chief
executive officer of View Systems, stated in a news release. “We’re excited
about the momentum we have moving forward as more customers recognize the
benefits of our system in providing efficient security measures for their facilities.”
By expanding its presence in the security industry, View
Systems is opening the door for near limitless growth moving forward. As a
manufacturer and distributor of products in the thriving contraband detection
market, the company’s technology will likely remain in high demand as the
global threats to governments and businesses create a sustainable need for
improved screening capabilities. According to a report by IBISWorld, the
security services market is currently valued at approximately $31 billion, and
continued growth is expected in the years to come.
In the first quarter of 2015, the company demonstrated the
immense market potential of its technology by realizing a significant increase
in ViewScan product sales. For the period, the company recorded $46,900 in
revenue attributed to ViewScan sales and installations, which was an increase
of more than 40 percent over the first quarter of 2014. Look for View Systems
to build on this progress in the months to come, providing an opportunity to
maximize returns and promote increased shareholder value.
For more information, visit www.viewsystems.com
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