CARROLLTON, Texas--(BUSINESS WIRE via COLLEGIATE PRESSWIRE)--May 24, 2007--GVI Security Solutions, Inc. (OTCBB: GVSS), a leading provider of video security surveillance solutions featuring the complete Samsung Electronics line of products, announced the receipt of an award for the first phase of a new school video security project from the Chesterfield County Public School District.
"This award is for the first phase of a multi-phase project to provide a video surveillance solution to protect the students, faculty, staff and visitors at the 59 school Chesterfield County Public School District," said Michael D. Capulli, GVI Security Solutions Sr. VP of Sales, North America. "With over 58,000 students across 36 elementary schools, 12 middle schools, 10 high schools, a charter school and a technical center, Chesterfield County is a progressive district serving a wide range of Virginia's students across a large facility base."
"Video security in educational facilities is evolving into a needs driven market rather than an event driven one as school administrators become much more aggressive at putting video security solutions in place before problems occur," stated GVI CEO Steven Walin. "From our perspective as a pure play video security solutions provider, school security is clearly developing into a strong vertical market for GVI with growth rates that exceed not only the security market as a whole, but also exceed the overall CCTV video surveillance market which is growing faster than the overall security market."
Mr. Walin will be discussing this latest contract win during his presentation today at the Wall Street Analyst Forum Conference at The Princeton Club, 15 West 43rd Street, New York, NY at 9:50 AM EDT. Investors wishing to attend can register at the site.
The presentation will also be available by webcast at: https://www.wsw.com/webcast/wsaf2/gvss.ob/
The Wall Street Analyst Forum conference May 22nd - May 24th at the Princeton Club in New York City on West 43rd St. features presentations from companies in the Technology, BioTech, Security and Financial Services industries. (See list below of Scheduled Presenting companies). The forum also features chief investment strategist presentations by Sam Stovall of Standard & Poor's and Michael Metz of Oppenheimer & Co.
About GVI Security Solutions, Inc.
GVI Security Solutions Inc. is a leading provider of video surveillance security solutions to the homeland security, institutional and commercial market segments.
About The Wall Street Analyst Forum
Since 1988, The Wall Street Analyst Forum has been a sponsor of four annual analyst conferences for the CEO/CFO's of NYSE/NASDAQ/AMEX corporations in New York, Boston and London.
Scheduled companies Insert Therapeutics (NASDAQ: ARWR), MFIC Corp. (OTCBB: MFIC), Neural Stem, Inc. (OTCBB: NRLS), Cardium Therapeutics, Inc. (OTCBB: CDTP), AspenBio Pharma, Inc. (OTCBB: APNB) Innovive Pharmaceuticals (OTCBB: IVPH), Aradigm Corporation (OTCBB: ARDM), Avicena Group (OTCBB: AVGO), Heska Corporation (NASDAQ: HSKA), HealthSonix Inc. (Pink Sheet: HSXI), Capital Senior Living Corp. (NYSE: CSU), Sharps Compliance Corp. (OTCBB: SCOM), Castle Brands Inc. (AMEX: ROX), GVI Security Solutions, Inc. (OTCBB: GVSS), AeroMechanical Services Ltd. (TSX VENTURE: AMA.V), Optionable Inc. (OTCBB: OPBL), Bank of Internet USA (NASDAQ: BOFI) and Lithium Technology Corp (Pink sheets: LTHU).
Forward-Looking Statements:
Some of the statements made by GVI Security Solutions, Inc. in this press release are forward-looking in nature. Forward-looking statements in this press release are not promises or guarantees and are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. These statements are based on management's current expectations and assumptions and are naturally subject to uncertainty and changes in circumstances. We caution you not to place undue reliance upon any such forward-looking statements. Actual results may differ materially from those expressed or implied by the statements herein. GVI Security Solutions, Inc. believes that its primary risk factors include, but are not limited to: ability to continue as a going concern; uncertainty of profitability; reliance on primary supplier; credit limits imposed by primary supplier; effective integration of recently acquired operations and personnel; expansion risks; effective internal processes and systems; the ability to attract and retain high quality employees; changes in the overall economy; rapid change in technology; the number and size of competitors in its markets; outstanding indebtedness; control of the Company by principal stockholders; law and regulatory policy; the mix of products and services offered in the company's target markets; and other factors detailed in the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended December 31, 2006 currently on file, as well as the risk that projected business opportunities will fail to materialize or will be delayed.
