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Wednesday, October 31, 2018

Investorideas.com - NXT-ID, Inc. (NASDAQ: $NXTD) Subsidiary - Fit Pay, Inc. News: Mastercard and Garmin® Expand Garmin Pay™ Contactless Payments to Maestro European Accountholders

Investorideas.com - NXT-ID, Inc. (NASDAQ: $NXTD) Subsidiary - Fit Pay, Inc. News: Mastercard and Garmin® Expand Garmin Pay™ Contactless Payments to Maestro European Accountholders



NXT-ID, Inc. (NASDAQ: $NXTD) Subsidiary - Fit Pay, Inc. News: Mastercard and Garmin® Expand Garmin Pay™ Contactless Payments to Maestro European Accountholders

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

SEBASTIAN, Florida - October 30, 2018 (Investorideas.com Newswire) Mastercard, Garmin International, Inc., and Fit Pay, Inc., a wholly owned subsidiary of NXT-ID, Inc. (NASDAQ: NXTD), today announced that the Garmin Pay™ contactless payment feature will be available for Maestro cards issued by major banks in Europe, including KBC Bank and Insurance (including CBC and KBC Brussels) in Belgium, Rabobank and ABN AMRO in Netherlands and BNL Gruppo BNP Paribas in Italy. The contactless payment feature and digital wallet, which is available on 10 of Garmin's latest smartwatches, enables consumers to make highly secure contactless payments at near-field communication-enabled (NFC) point-of-sale (POS) terminals.
"By adding Maestro, our issuers will be able to expand this innovative solution to their entire consumer base, which will result in more connected and digitally native customers than ever," said Paolo Battiston, EVP Digital Payments & Labs Europe, Mastercard.
Garmin Pay, which launched in November 2017, allows Garmin users to make contactless payments free from having their phone or wallet present. The payment feature includes a digital wallet, which is integrated into the Garmin Connect™ user application. Garmin Pay is now available on 10 of the company's smartwatches, including the D2™ Delta S, D2 Delta, D2 Delta PX, fēnix® 5S Plus, fēnix 5 Plus, fēnix 5X Plus, Forerunner® 645, Forerunner 645 Music, vívoactive® 3 and vívoactive 3 Music.
"We are committed to expanding Garmin Pay support to our customers around the world, and we are excited to officially offer that service to Maestro cardholders," said Joe Schrick, Garmin vice president of fitness. "Now, athletes and adventurers throughout Europe can leave their wallet at home when they go to the gym or for a run, making it easier than ever to just get up and go."
Maestro accountholders from numerous participating issuing banks throughout Europe, including KBC in Belgium, Rabobank and ABN AMRO in Netherlands and BNL Gruppo BNP Paribas in Italy, will have the ability to add their account to Garmin Pay, enabling them to make "tap and go" payments at any point-of-sale terminal that accepts contactless payments. Additional issuers on the Maestro network will be added soon.
A February 2018 study by Mastercard, found that one quarter (24 percent) of Europeans expect to start using "tap and go" contactless payments with a smartwatch, bracelet, keyring or other wearable. Between 2018 and 2017, contactless spending on Mastercard and Maestro grew by 145 percent.
"Adding Maestro is a major step forward in expanding the global footprint of Garmin Pay, which is now available in 26 countries and through more than 200 issuers," said Michael Orlando, COO of NXT-ID and President of Fit Pay, Inc. "Mastercard and Garmin have been tremendous partners as we have begun providing consumers worldwide with more convenient, secure and seamless ways to pay."
Garmin Pay is powered by FitPay's Token Requester Management Platform, which enables cardholders to securely add their payment credentials to devices that are integrated with FitPay's token management solution. The platform uses tokenization, a payment security technology that replaces cardholders' account information with a unique digital identifier (a "token"), to transact highly secure contactless payments.
View the complete list of issuing banks, payment networks and countries supporting Garmin Pay at Garmin.com/garminpay/banks.
About Mastercard
Mastercard (MA), http://www.mastercard.com, is a technology company in the global payments industry. We operate the world's fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Mastercard products and solutions make everyday commerce activities - such as shopping, travelling, running a business and managing finances - easier, more secure and more efficient for everyone. Follow us on Twitter @MastercardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.
About Garmin International Inc.
For decades, Garmin has pioneered new GPS navigation and wireless devices and applications that are designed for people who live an active lifestyle. Garmin serves five primary business markets, including automotive, aviation, fitness, marine, and outdoor recreation. For more information, visit Garmin's virtual pressroom at garmin.com/newsroom, contact the Media Relations department at 913-397-8200, or follow us at facebook.com/garmin, twitter.com/garmin, instagram.com/garmin, or youtube.com/garmin.
Garmin International, Inc., is a subsidiary of Garmin Ltd. (GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan, and the United Kingdom. Garmin, fēnix, Forerunner and vívoactive are registered trademarks and Garmin Pay, Garmin Connect and D2 are trademarks of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.
Notice on Forward-Looking Statements for Garmin:
This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 31, 2017, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at http://www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
About NXT- ID, Inc. and Fit Pay, Inc.
NXT-ID, Inc. (NASDAQ: NXTD) provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, NXT-ID develops and markets groundbreaking solutions for payment and IoT applications. Its industry-leading technology products and solutions include MobileBio®, a suite of biometric solutions that secure consumers' mobile platforms, the Wocket™, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures.
NXT-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems ("PERS") sold through dealers/distributors and the United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about NXT-ID at http://www.nxt-id.com. FitPay and the FitPay Payment Platform are the sole property of Fit Pay, Inc. For NXT-ID Inc. corporate information contact: info@nxt-id.com.
Forward-Looking Statements for NXT-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
NXT-ID Inc. corporate information contact: info@nxt-id.com
Media Contacts:
Chris Orlando
chris.orlando@nxt-id.com
+1-760-468-7273
D. Van Zant
+1-800-665-0411
press@nxt-id.com

NXT-ID, Inc. (NASDAQ:NXTD)

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Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. details at https://www.investorideas.com/About/News/Clientspecifics.asp
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Tuesday, October 30, 2018

Investorideas.com - CEO of DirectView Holdings (OTC: $DIRV) Discusses Contracts and Future of Security Surveillance Sector Using #AI; companies mentioned: GRUMA (GRUMAAB.MX), FLIR Systems (NASDAQ: $FLIR), Apple ( $AAPL)

Investorideas.com - CEO of DirectView Holdings (OTC: $DIRV) Discusses Contracts and Future of Security Surveillance Sector Using #AI; companies mentioned: GRUMA (GRUMAAB.MX), FLIR Systems (NASDAQ: $FLIR), Apple ( $AAPL)



CEO of DirectView Holdings (OTC: $DIRV) Discusses Contracts and Future of Security Surveillance Sector Using #AI; companies mentioned: GRUMA (GRUMAAB.MX), FLIR Systems (NASDAQ: $FLIR), Apple ( $AAPL)

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Point Roberts, WA - October 30, 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 with a leading Texas builder, Rogers-O'Brien Construction and his contract with Mexico's GRUMA (GRUMAAB.MX) subsidiary, Mission Foods. He also shares his thoughts on the growth of the security surveillance industry and how tech, including AI, will play a key role in its future.
Listen to the podcast:

Security Industry Podcast: CEO of DirectView Holdings, Inc ( OTC: $DIRV) talks about new contracts and future of security surveillance

Looking at the most recent deal flow, DirectView's subsidiary Virtual Surveillance just signed a master agreement to work with a leading Texas builder, Rogers-O'Brien Construction, a company that has done $1.5 billion in construction volume over the past five years.
Roger shares thoughts on why this is a significant contract, including the fact that the master agreement grants Virtual Surveillance the ability to bid on any jobs in which Rogers-O'Brien Construction is operating as a general contractor.
Roger said of the contract, "They are an awesome organization and that opened the potential for us to be able to bid and get involved with several large-scale opportunities that they are working on in the state of Texas."
Rogers-O'Brien Construction is deploying technology to make sure it stays ahead of costs and industry evolution. The company made headline news in May in multiple publications including Apple Insider  (NASDAQ: AAPL) saying that "The iPad has become an extremely useful tool for one Texas-based construction firm, with a report revealing the use of Apple's tablet by the workforce has saved the company an estimated $1.8 million per year, as well as helping to reduce the amount of hours spent working on projects."
The Apple Insider article goes on to say, "Rogers-O'Brien started using iPads on sites for the last five years, reports Business Insider, in a project overseen by director of applied technology Todd Wynne. Out of the 340 employees working for the firm, 190 possess an iPad for work purposes." 
DirectView's Roger Ralston, talking about Rogers-O'Brien's Apple (NASDAQ: AAPL) technology deployment notes, "That again points to what an honor it is to be chosen by them to be their provider for security cameras, access control and peripheral space. They obviously know what they're talking about, as they are a tech savvy company and they are into cutting edge applications and equipment and they've agreed to work with us, which I think says a lot about our ability and the products and services we sell."
Looking at the growth in the global video surveillance market, which according to research is estimated to reach $62.62 Billion by 2023, Roger discusses how his company is reflecting that growth and seeing it first-hand. 
Discussing an earlier contract signed this year (Company announced in July that it had received additional orders and began fulfillment of an additional multi-year contract for $3.7B publicly-traded GRUMA (GRUMAAB.MX) subsidiary Mission Foods), Roger talks about the momentum and how one contract can potentially lead to multiple contracts if you are dealing with large corporations.
 "That was a very big feather in our cap, to win that account. We've done multiple installations with them and are working towards additional installations in the future. As you know they are a global organization, so starting here in the US with them does not limit us from going further than that."
When asked about which markets are expected to see the most growth in the security sector over the next few years, as far as who will need the most security in the shortest amount of time, Roger went on to discuss the continued need for security in the US as well as internationally.
Roger said "There's definitely growth in the US as far as security goes. Things that people have seen in the news, from school shootings that have happened here in the US, which have brought security to the forefront, from people sending bombs in the mail, to the tragedy that happened here in the synagogue today, the more security we have, the more security will catch people doing things like that. There's definitely a growing need for security cameras. It's growing here in the US, and South America and Central America have an absolute need, and even Canada. We're looking at the Canadian space and have recently announced we're exploring a dual listing in the Canadian market. The cannabis market that was just legalized will bring about a big need for security cameras. The opportunities are very bountiful."
Looking at the future of the sector and how technology, including artificial intelligence can play a key role, Ralston stated, "The surveillance industry is continually evolving. We are now offering artificial intelligence. We've got a product that we have where if you want to search for everyone that was wearing a red shirt that came through your door, you can find it. If you want to see every time a UPS driver went by, you can find that as well. We are looking to be cutting edge and we have cutting edge products. There is no market that we cannot serve."
Other companies like FLIR® Systems, Inc. (NASDAQ: FLIR), have recently announced similar products such as the FLIR Firefly® camera family, the industry's first deep learning inference-enabled machine vision camera.
"Automated analysis of images captured by machines is a key part of our day-to-day lives that few of us think about," said James Cannon, President and CEO of FLIR. "The quality, affordability, and speed-to-market of items like our smartphones or the food on our tables are made possible by systems using cameras doing both inspection and automated production. With the FLIR Firefly, powered by Intel Movidius Myriad 2 VPU, we are enabling the designers of these systems to leverage deep learning faster and at lower costs."
The AI in security market is expected to reach $11.95 billion by 2024, growing at a CAGR of around 34.9% during the forecast period, according to recent research.
The report concludes, "AI in security provides an enticing proposition with its proactive threat mitigation capabilities, which is needed for constant supervision and adaptation to the multifaceted security vulnerabilities."
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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Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts, articles, podcasts and videos talking about cannabis, crypto, technology including AI and Iota, mining, sports biotech, water, renewable energy and more. Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column and the Cleantech and Climate Change Podcast
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This news is published on the Investorideas.com Newswire - News that Inspires big ideas Disclaimer/Disclosure: Investorideas.com is a digital publisher of third-party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure this news and podcast is a paid for content (third party) on Investorideas.com featuring DirectView Holdings, Inc., (DIRV) Learn more about costs and our newswire service https://www.investorideas.com/News-Upload/
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Investorideas.com - Self Evolving Gopher's (OTCQB: $GOPH) AVANT! Takes on #IBM Watson; Key Players in the Evolution Race of #AI in the US and Globally; Intel ( $INTC), Qualcomm ( $QCOM), Baidu ( $BIDU), Alibaba ( $BABA)

Investorideas.com - Self Evolving Gopher's (OTCQB: $GOPH) AVANT! Takes on #IBM Watson; Key Players in the Evolution Race of #AI in the US and Globally; Intel ( $INTC), Qualcomm ( $QCOM), Baidu ( $BIDU), Alibaba ( $BABA)



Self Evolving Gopher's (OTCQB: $GOPH) AVANT! Takes on #IBM Watson; Key Players in the Evolution Race of #AI in the US and Globally; Intel ( $INTC), Qualcomm ( $QCOM), Baidu ( $BIDU), Alibaba ( $BABA)


Point Roberts, WA and Delta, BC - October 30, 2018 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global news source covering Artificial Intelligence (AI) releases a podcast interview with AI expert Dr. Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB: GOPH). Danny discusses how his company's Avant! Self learning AI technology is evolving and taking on the giants in the sector with some of its unique capabilities.
Danny, as an expert in AI working with some of the biggest companies in the sector, shares his thoughts on the global race for AI and how the U.S. can take a leading role.
Danny is a semiconductor designer with over twenty years of experience with companies such as Intel (NasdaqGS: INTC), DEC, IBM (NYSE:IBM), and Qualcomm (NasdaqGS: QCOM). He has worked on many prestigious Integrated Circuits projects, among them the Intel's Pentium Pro, DEC's Alpha chip and others. Danny was the founder and CTO of BindKey Technologies, an EDA corporation that was acquired by DuPont Photo masks.
Listen to the podcast:

#AI Industry Podcast: Gopher's ( OTCQB: $GOPH) AVANT! and IBM ( $IBM) #Watson - The Evolution Race of AI in the US and Globally

Research published in the Daily Telegraph earlier this month indicates that China leads the U.S. in AI and machine learning investment for 2018.
Out of around $14bn (£10.6bn) worth of AI investments made by the biggest eight US and Chinese tech companies this year, Chinese firms such as Baidu (NasdaqGS:BIDU), Alibaba (NYSE:BABA), Ant Financial and Tencent (OTC:TCEHY) have taken a clear lead.
Collectively, the four big Chinese groups have been involved in $12.8bn of the total, according to data compiled by Pitchbook, a financial data firm.
In contrast, their four biggest US rivals - Alphabet (NasdaqGS:GOOG), Amazon (NasdaqGS:AMZN), Apple (NasdaqGS:AAPL) and Facebook (NasdaqGS:FB) - have been part of deals in AI totalling just $1.7bn…
Rittman however, contended that U.S. companies like IBM (NYSE:IBM), Intel (NasdaqGS: INTC) and Qualcomm (NasdaqGS: QCOM) will continue to lead in innovation as the rest of the world rapidly joins in the sector.
"I do foresee that the U.S. will maintain leadership - especially companies like IBM, Intel, Google, Qualcomm etc. These guys will [continue to] lead the world," he said, "but it will definitely spread to the rest of the world and the same is true of the budget. I foresee billions of dollars going into the AI domain in the next decade."
This view is supported by Intel's recent hosting of an IoT forum in Taiwan "attracting the participation of major IPC players including Advantech, Adlink Technology, Aaeon, IEI Integration and Nexcom and over 200 partners, sharing their latest technologies and outlook as well as demonstrating their new products."
Dr. Rittman's example of Qualcomm also appears to hold water when one considers their newly launched Snapdragon™ 675 Mobile Platform. According to its press release, the new platform combines cutting-edge image and voice recognition with improved security features and also boasts support from independent software vendors.
The multi-core AI Engine is designed to improve mobile devices' ability to acquire information and become the ultimate personal assistant by capturing photos and videos, learning and adapting to a user's voice, and optimizing battery life. Through heterogeneous computing, the Hexagon DSP, Adreno GPU, and Kryo CPU - are engineered to work cooperatively to run AI applications on-device faster and more efficiently. Additional AI use cases supported on Snapdragon 675 include camera (scene and object detection, image style transfer, portrait relighting), security (face unlock, payment security), voice and translation. Global ISVs also support the platform including Megvii (Face++), NetEase, SenseTime, Thundersoft, and Trio.AI.
As Dr. Rittman's said about his own company, Gopher Protocol, Inc. (OTCQB: GOPH), their Avant! AI system offers something distinct in the space. "Avant! has one unique thing that no one currently has," he said. "Avant! evolves on its own. That means Avant! learns. It can learn from its experience or it can learn from other experience - a human database or an internet database."
Dr. Rittman explained how the Avant! AI engine becomes aware of gaps in its own knowledge, and will independently learn as a form of self improvement.
"Avant! can reach conclusions that it needs to gain more knowledge in a specific domain or a topic," he said. "Then, Avant! will go on its own - since it's currently basically an independent entity - and will learn. While it's busy answering our questions, it will, in the background, study a specific domain in order to become more knowledgeable."
Avant! is open to public access in a limited web-based capacity currently at www.avant-ai.com. Dr. Rittman said that Gopher wanted to create the online interface to introduce the public to the technology in a fun and interactive way.
"We decided, as a courtesy to the public, to provide and enable a basic interface for Avant!, starting with something that is more on the educational side and fun side," he said. "It's a simple page. You can type any question you want and Avant! is going to go and search millions of sources online."
The website is outlined in a recently launched introductory video:
Detractors from AI systems currently in existence may point to Dr. Rittman's example of IBM as a failure of the technology. The IBM Watsonsystem made headlines this month following the departure of the head of IBM Watson Health, Deborah DiSanzo. DiSanzo left the company's AI medical health division following criticisms of inaccuracies from the medical community.
Dr. Rittman, however, maintains that the high profile controversy surrounding IBM Watson is par for the course when a new, disruptive technology is concerned.
"It's completely typical," he said. "The AI industry will have to go through its own development stages. So, I would not be too alarmed about the whole Watson thing. IBM created a beautiful system. Watson is a very strong AI system and it's still going."
For a list of artificial intelligence stocks on Investorideas.com visit:
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Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column and the Cleantech and Climate Change Podcast .
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Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
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Monday, October 29, 2018

Investorideas.com - #Security Podcast: CEO of DirectView Holdings (OTC: $DIRV) Discusses Contracts with Rogers-O'Brien Construction, GRUMA Subsidiary, Mission Foods and the next Evolution of Security Surveillance Technology; #AI

Investorideas.com - #Security Podcast: CEO of DirectView Holdings (OTC: $DIRV) Discusses Contracts with Rogers-O'Brien Construction, GRUMA Subsidiary, Mission Foods and the next Evolution of Security Surveillance Technology; #AI



#Security Podcast: CEO of DirectView Holdings (OTC: $DIRV) Discusses Contracts with Rogers-O'Brien Construction, GRUMA Subsidiary, Mission Foods and the next Evolution of Security Surveillance Technology; #AI

Investorideas.com podcasts

Point Roberts, WA - October 29, 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 with a leading Texas builder, Rogers-O'Brien Construction and his contract with Mexico's GRUMA (GRUMAAB.MX) subsidiary, Mission Foods. He also shares his thoughts on the growth of the security surveillance industry and how tech, including AI, will play a key role in its future.
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Security Industry Podcast: CEO of DirectView Holdings, Inc ( OTC: $DIRV) talks about new contracts and future of security surveillance

Looking at the most recent deal flow, DirectView's subsidiary Virtual Surveillance just signed a master agreement to work with a leading Texas builder, Rogers-O'Brien Construction, a company that has done $1.5 billion in construction volume over the past five years.
Roger shares thoughts on why this is a significant contract, including the fact that the master agreement grants Virtual Surveillance the ability to bid on any jobs in which Rogers-O'Brien Construction is operating as a general contractor.
Roger said of the contract, "They are an awesome organization and that opened the potential for us to be able to bid and get involved with several large-scale opportunities that they are working on in the state of Texas."
Rogers-O'Brien Construction is deploying technology to make sure it stays ahead of costs and industry evolution. The company made headline news in May in multiple publications including Apple Insider  (NASDAQ: AAPL) saying that "The iPad has become an extremely useful tool for one Texas-based construction firm, with a report revealing the use of Apple's tablet by the workforce has saved the company an estimated $1.8 million per year, as well as helping to reduce the amount of hours spent working on projects."
The Apple Insider article goes on to say, "Rogers-O'Brien started using iPads on sites for the last five years, reports Business Insider, in a project overseen by director of applied technology Todd Wynne. Out of the 340 employees working for the firm, 190 possess an iPad for work purposes." 
DirectView's Roger Ralston, talking about Rogers-O'Brien's Apple (NASDAQ: AAPL) technology deployment notes, "That again points to what an honor it is to be chosen by them to be their provider for security cameras, access control and peripheral space. They obviously know what they're talking about, as they are a tech savvy company and they are into cutting edge applications and equipment and they've agreed to work with us, which I think says a lot about our ability and the products and services we sell."
Looking at the growth in the global video surveillance market, which according to research is estimated to reach $62.62 Billion by 2023, Roger discusses how his company is reflecting that growth and seeing it first-hand. 
Discussing an earlier contract signed this year (Company announced in July that it had received additional orders and began fulfillment of an additional multi-year contract for $3.7B publicly-traded GRUMA (GRUMAAB.MX) subsidiary Mission Foods), Roger talks about the momentum and how one contract can potentially lead to multiple contracts if you are dealing with large corporations.
 "That was a very big feather in our cap, to win that account. We've done multiple installations with them and are working towards additional installations in the future. As you know they are a global organization, so starting here in the US with them does not limit us from going further than that."
When asked about which markets are expected to see the most growth in the security sector over the next few years, as far as who will need the most security in the shortest amount of time, Roger went on to discuss the continued need for security in the US as well as internationally.
Roger said "There's definitely growth in the US as far as security goes. Things that people have seen in the news, from school shootings that have happened here in the US, which have brought security to the forefront, from people sending bombs in the mail, to the tragedy that happened here in the synagogue today, the more security we have, the more security will catch people doing things like that. There's definitely a growing need for security cameras. It's growing here in the US, and South America and Central America have an absolute need, and even Canada. We're looking at the Canadian space and have recently announced we're exploring a dual listing in the Canadian market. The cannabis market that was just legalized will bring about a big need for security cameras. The opportunities are very bountiful."
Looking at the future of the sector and how technology, including artificial intelligence can play a key role, Ralston stated, "The surveillance industry is continually evolving. We are now offering artificial intelligence. We've got a product that we have where if you want to search for everyone that was wearing a red shirt that came through your door, you can find it. If you want to see every time a UPS driver went by, you can find that as well. We are looking to be cutting edge and we have cutting edge products. There is no market that we cannot serve."
Other companies like FLIR® Systems, Inc. (NASDAQ: FLIR), have recently announced similar products such as the FLIR Firefly® camera family, the industry's first deep learning inference-enabled machine vision camera.
"Automated analysis of images captured by machines is a key part of our day-to-day lives that few of us think about," said James Cannon, President and CEO of FLIR. "The quality, affordability, and speed-to-market of items like our smartphones or the food on our tables are made possible by systems using cameras doing both inspection and automated production. With the FLIR Firefly, powered by Intel Movidius Myriad 2 VPU, we are enabling the designers of these systems to leverage deep learning faster and at lower costs."
The AI in security market is expected to reach $11.95 billion by 2024, growing at a CAGR of around 34.9% during the forecast period, according to recent research.
The report concludes, "AI in security provides an enticing proposition with its proactive threat mitigation capabilities, which is needed for constant supervision and adaptation to the multifaceted security vulnerabilities."
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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