The company’s next step is to fund its “provisional patented technology” and manufacture its new line of Concealed Weapons Detectors. Potential relations and discussions with future partners are being investigated. Additional news concerning an additional line of business in the medical arena is being prepared.
View Systems’ Senior Electrical Engineer, John Sarman states; “An implementation of an array of multidimensional gradiometers (A gradiometer is defined as n or more magnetometers measuring the gravitational field in n-dimensional fields, where n is greater than 1) produces a signature of ferrous and non-ferrous impulses when measured in against a known background signal and accounts for environmental noise. This invention is a very significant development in concealed weapons detection systems today. The current ViewScan has throughput of 800 plus people through in an hour, whereas a typical “metal detector” has throughput of 220 an hour making the unit a very economic choice. With our enhanced unit the differentiation is greater which gives us the ability to categorize types of objects. A three dimensional display of the body with potential locations is featured in all models.”
View Systems new Chairman, Dr. Martin Maassen states; “We are pursuing new avenues of revenue and continuing using our current technical expertise and working knowledge. We are continuing to take advantage of our NOL which translates to a $30 Million Tax Credit.”
About View Systems: View Systems, Inc. manufactures and installs its CWD and identification systems current install base. New and additional markets include venues moving into the “more secure” present and future.
Forward-Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are “forward-looking statements” and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company’s actual results could differ materially from expected results.
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