A recent report published by MarketsandMarkets on the global
security screening sector projects a CAGR of around 9.46% over the next five
years, when the space will hit upwards of $9.1 billion, driven largely by
demand from airport, private sector facility and public place security concerns
looking to thwart criminal activity and the growing risk of terrorism. Homeland
Security Research Corporation reported last year that globally, person-borne
IED suicide attacks were 90 percent higher than in 2011, with over 3,500
fatalities. One of the most important segments in the overall space continues
to be aviation security. Despite the historical dominance of the U.S. and EU
markets in this area, demand from China and the Gulf states is rising rapidly
and is seen as taking the lead in short order, with projections that these
regions will comprise over 60 percent of the aviation security system and
device markets by 2022.
Here in the U.S., where aviation security is addressed by
the TSA’s $6 billion or more in annual taxpayer funding, as well as another $2
billion in air-carrier and passenger security fees, there has been considerable
pushback from consumers regarding the latest forms of scanning technology that
are used to detect weapons and other devices, in addition to pat downs, and the
general inconvenience created by increased air travel security measures.
Roughly two-thirds of the TSA’s massive budget goes directly to passenger and
baggage screening and more than 85 percent of the agency’s personnel load is dedicated
to airport screeners, making the demand for safe, effective and rapid detection
systems that are easy to operate a growing concern that needs to be addressed
by innovative approaches to how screening is executed in general.
The same security concerns which exist at airports are
shared by corporations with large public facilities, event organizers in the
commercial space, as well as by local, state and federal law enforcement
agencies, which are often tasked with the immensely difficult job of providing
security at events in public places. The need for comprehensive security
screening technology from both public and private entities continues to grow
year after year, with concerns over criminal activities and terrorism fueling
the roll out of ever more advanced solutions at locations like banks, casinos,
hotels and malls, as well as at government buildings, hospitals, and schools.
However, safety and privacy risks associated with extant technologies, combined
with the costs and the difficulty of setting up robust screening hardware and
software solutions, especially at ad hoc public events, has continued to plague
the sector.
Hence the attention being received of late by leading
security technology solutions developer View Systems, Inc. (OTC: VSYM), whose
safe, portable, inexpensive and easy-to-use ViewScan archway represents a
lightweight, yet extremely robust solution for speedily detecting weapons and
other metallic objects. While there are many competing products out there in
this sector today, VSYM is one of the few publicly traded companies that also
has the in-house engineering expertise needed to produce truly intuitive,
state-of-the-art technological solutions to modern security problems, as well
as the kind of client-oriented security consulting services required to deliver
an ever-evolving, tailored approach to its customers.
The completely passive ViewScan walk-through weapon
detection system finds any concealed ferromagnetic objects, including cell
phones, guns and knives, using a sophisticated array of gradiometer sensors
that actually measure fluctuations in the earth’s magnetic field as a person
passes through. The array of sensors positioned within the archway of the
ViewScan unit allows VSYM’s proprietary software to actively detect the presence
of anomalies in the measured field gradient with significant accuracy, enabling
operators to see, via the user interface, where exactly on an individual’s body
the suspect object is located.
This ingenious design allows the ViewScan system to forego
generating or emitting any form of harmful radiation whatsoever, making the
system completely safe, especially for individuals with medical implants like
pacemakers, or for pregnant women. ViewScan alleviates health concerns that
exist with other technologies like millimeter-wavelength scanning, which uses
tremendously high frequency terahertz radiation (T-rays), or backscatter
systems which use X-rays. Moreover, no compromising imagery is captured, nor is
the individual’s privacy violated, eliminating the persistent privacy concerns
that have caused backlash against scanning systems like backscatter and
millimeter-wavelength. While an extremely rigorous screening demand exists in
the aviation security space, the ViewScan is perfect for creating a rapid pre-check
screening architecture and is easily integrated with other systems like card
readers, biometrics-based elements, and even sally port or sliding gate locking
and unlocking mechanisms, such as those used at correctional facilities.
The computer-controlled and fully networked (via WAN or LAN,
allowing for remote operation) ViewScan system never needs to be calibrated and
can be operated by just about anyone after a minimal amount of training, yet
ViewScan can still be easily transported and deployed with a minimal amount of
effort, making the system ideal for events like concerts, or for use at
stadiums. Simultaneously, the ViewScan system eliminates the need for
individuals to remove shoes or other articles of clothing, as well as
eliminating false-positive alarms for gold, silver and copper, which makes
jewelry, watches and coins of little to no concern. This system enables rapid
throughput of individuals and thus its use in high-volume, high-traffic
applications is ideal. And while no compromising scan images of individuals are
generated or stored, the system has an integrated video channel and comes ready
out of the box to do complete image archiving and easy retrieval for
analytical, documentation logging, or prosecutorial purposes.
VSYM has also developed additional technologies like its
wearable or K-9 mounted VFR camera and transmitter solution, a Positive ID
Verification System bundle for point of entry visitor vetting, and a
sophisticated handheld metal detector known as the LAW. Such systems reinforce
the company’s leadership position in the security technologies arena and form a
solid backdrop to its flagship ViewScan detector.
Take a closer look by visiting www.viewsystems.com
About QualityStocks
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
No comments:
Post a Comment