#Security
Stock Interview: DirectView Holdings (OTC: $DIRV) CEO Talks
about #Surveillance and #AccessControl Products and Contracts; @DirectViewInc
“DirectView
Holdings, Inc., (OTC: DIRV) has
had a phenomenal first half of 2018, largely as a result of strong trust built
up with clientele” -CEO Roger Ralston
Point
Roberts, WA - September 11, 2018 (Investorideas.com Newswire) Investorideas.com
and Homelanddefensestocks.com, covering security and defense stocks release an
exclusive podcast interview with Roger Ralston, the CEO of DirectView Holdings,
Inc. (OTC: DIRV).
Roger
discusses his company's Security Video Surveillance division (http://directview.com), its revenue
growth and some recent contracts including a Texas college and a prestigious
New York City private school.
Listen to the podcast:
Security
Industry Podcast: CEO of DirectView Holdings (OTC: $DIRV) Talks about his
Surveillance and Access Control Products and Recent Contracts
DirectView
Holdings, Inc., (OTC: DIRV) has had a
"phenomenal" first half of 2018, largely as a result of strong trust
built up with clientele, according to company CEO Roger Ralston.
DirectView
has seen a 70 percent growth in sales, a record of $2.3 million USD, in the
first half of the year, as well as a 73 percent increase in product sales worth
$1.9 million USD in the same period. Sales of services recorded $0.4 million
USD, marking a 57 percent increase and the company reports $0.9 million USD in
gross profits-a 64 percent increase over 2017.
Ralston
puts a lot of this success on the establishment of trust with clients and
argues that the confidence that DirectView has fostered is worth more than
advertising.
“In
the business that we’re in…one of the biggest things is trust,” he said. “You
could take out a billboard in Times Square, and you’re not going to get nearly
as much business as you’re going to get from word of mouth, referrals from
other companies that people are doing business with or ongoing business from
the customers you’re in with.”
Ralston
cited the retention of services with clients as evidence of the importance of
trust.
“Typically
we find that once we’re in with a company, a school–whatever it may be–that
they’ll end up sticking with us as they go on with more projects and more
locations because they like to keep it uniform with somebody they trust,” he
said.
One
of the most visible security issues in 2018 was in schools, as mass shootings
proliferate in the United States. A recent press
release
from DirectView indicated orders the company received for school security and
surveillance. Ralston explained that significance of security systems in the
wake of mass shootings in schools and elsewhere, and that safety was of the
utmost significance.
“That’s
one of the saddest things we hear about,” he said. “It’s not only schools, it’s
concerts…it could be anything in public and school shootings are just the thing
getting the most attention.”
“We
do have some educational institutions that are clients of ours, and when we’re
working with them that is the most paramount thing, keeping their students
safe, their staff safe, their visitors safe. Using our security systems is
something that definitely helps keep everybody safe and it’s also a deterrent
from people doing what they shouldn’t be doing.”
In light of DirectView Holdings’ record-breaking financial year,
Ralston spoke of the importance of uplisting, and specifically, the company’s
intended route of growth and acquisition.
“We
are absolutely still focussed on [uplisting],” he said. “We’ve got a number of
items in place to help us reach that goal. First and foremost we’ve been
sticking to the fundamentals and growing the business, which I think is evident
by our audited financials that we just reported. We’re also looking at adding
some depth to our senior management and we have some good things planned for
that area, as well as continuing on our acquisitions. So, we’re looking to grow
both organically and through acquisitions.”
About DirectView Holdings, Inc.
DirectView Holdings, Inc., (OTC: DIRV) together with its subsidiaries, provides video
surveillance solutions and teleconferencing products and services to businesses
and organizations. The company operates in two divisions, Security (Video
Surveillance) and Video Conferencing. The Security division offers technologies
in surveillance systems providing onsite and remote video and audio
surveillance, digital video recording, and services. It also sells and installs
surveillance systems; and sells maintenance agreements. The company sells its
products and services in the United States and internationally through direct sales
force, referrals, and its Websites. The Video Conferencing division offers
teleconferencing products and services that enable clients to conduct remote
meetings by linking participants in geographically dispersed locations. It is
involved in the sale of conferencing services based upon usage, the sale and
installation of video equipment, and the sale of maintenance agreements. This
division primarily provides conferencing products and services to numerous
organizations ranging from law firms, banks, high tech companies and government
organizations. For more information visit our websites at www.DirectView.com,
www.ApexCCTV.com and www.VS-US.com and connect with us on Twitter, LinkedIn,
Facebook, and Google+.
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