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DirectView Holdings Enters into Strategic Partnership Agreement with Cannamor, LLC to Serve as Exclusive Security Solutions Provider
NEW YORK, July 29, 2014 /PRNewswire/ -- DirectView Holdings, Inc. (OTC: DIRV), a company focused on ownership and management of leading video and security technology companies, today announced that it has entered into a strategic partnership agreement (the "Agreement") with Cannamor, LLC ("Cannamor"), whereby DirectView Holdings will be engaged as the exclusive security solutions provider for Cannamor, a privately held Colorado based consulting company focusing on legal cannabis growing and dispensing projects.
Under the terms of the agreement, Cannamor will exclusively endorse and recommend DirectView as its vendor of choice for the planning and installation of video surveillance, video monitoring, video recording products and related services to its prospective clients.
"This partnership with Cannamor represents another step forward for DirectView in our strategy of building sales growth for our security and surveillance solutions business, which targets the cannabis industry by partnering with companies engaged in the design and construction of grow houses and dispensaries," stated Roger Ralston, CEO and Chairman of DirectView, "As an exciting new company in the legal cannabis industry, we are proud to add Cannamor to the list of several partnerships we have made since implementing this strategy in March of 2014. This strategy has already resulted in a marked increase in business activity that we believe will lead to increased sales in the coming quarters. By being involved at the design and construction phase we are confident that we can build profitable, long lasting relationships in the legal cannabis industry and rapidly grow this business as the industry spreads throughout the country."
About DirectView Holdings, Inc.
DirectView Holdings, Inc., together with its subsidiaries, provides teleconferencing 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 atwww.DirectView.com.
Forward Looking Statements
This press release contains forward-looking statements that involve a number of risks and uncertainties, including statements regarding the outlook of the Company's business and results of operations. By nature, these risks and uncertainties could cause actual results to differ materially from those indicated. Generally speaking, any statements using terms such as "will," "expect," "anticipate," or "may," or which otherwise predict or address future results or events, are likely to contain forward-looking statements. It is important to note that actual results may differ materially from what is indicated in any forward-looking statement. Readers should consider any forward-looking statements in light of factors that could cause actual results to vary. These factors are described in our filings with the SEC, and readers should refer to those filings, including Risk Factors described in those filings, in connection with any forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE DirectView Holdings, Inc.
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