GVI Security Solutions Inc. (OTC:GVIS)
Industry: Technology
GVI Security Solutions, Inc., incorporated in 1996, provides complete video surveillance and security solutions incorporating a complete line of video surveillance, access control and detection systems to the homeland security, professional and business-to-business market segments. The Company provides a combination of closed circuit televisions (CCTVs), digital video recorders (DVRs), access control, Rapid Access Portals, software systems and networking products that enhance life safety for both government agencies and the private sector. GVI Security Solutions' customers include distributors and system integrators that specialize in video surveillance and security products and services, government agencies and private sector businesses. The Company's technology is available to the United States Government through a General Services Administration (GSA) contract. The Company's business previously included the distribution of security products to the retail market manufactured by Samsung Electronics whose products the Company sold under an agreement that gave it the exclusive right to sell Samsung Electronics products in the Retail Channel to a major national retailer. However, over the last three quarters of 2005, GVI Security Solutions had minimal sales of its products in the Retail Channel. In addition, the Company's exclusive agreement to distribute Samsung products in the Retail Channel to this retailer expired on December 31, 2005. Professional Products The Company's objective is to provide complete security solutions for its professional customers, by providing a suite of fully integrated products that is complemented by the extensive knowledge and expertise of its dedicated Enterprise Solutions Group. GIV Security Solutions' Enterprise Solutions Group works closely with its professional customers to assist them in submitting bids for projects, designing security systems and developing the specifications for a project. The Company's Enterprise Solutions Group also provides end-to-end project management, including oversight of installation and implementation of the security systems, and after-sale service and support. GVI Security Solutions sells the products separately and as part of its fully integrated suite of video surveillance and integrated security solutions, which include access control; a full line of black and white and color cameras, which include motion detection, low light day/night and high resolution, all with systems integration capabilities; a range of waterproof and weather resistant cameras; high speed, remote controlled, dome and pinhole cameras and casings; a complete range of lenses; a range of black and white, color, plasma and flat screen monitors; real time and time lapse videocassette and digital recorders and hard disk recorders; digital watchdog ATM/point of service transaction verification software; standalone digital recorders; video transmission equipment; digital processors (quads and multiplexers), switchers and video management systems; digital video recording software, and hardware and software which enable intelligent video surveillance. The Company relies on original equipment manufacturer relationships for a number of its standard products. In some instances, GVI Security Solutions purchases products that meet its specifications from a manufacturer and distribute these products under the GVI label. When assembly of the Company's products is required, it is done in its Dallas, Texas facility, or in the case of the Company's access portals at the job site. The Company's main competitors in the professional sector are Pelco and Panasonic. Access Portals Fast Trac Rapid Access Portal units are intended for use in new, high security installations, and can also be seamlessly integrated with existing access control and surveillance systems. The Fast Trac unit controls access to secure areas through bi-folding doors with infrared sensors that can open or remain open for authorized personnel, and close or remain closed when necessary to prevent unauthorized acc
As Of: 10/07 00:00 ET
*Quotes delayed by 20min.
BuyIns.Net Alerts for Symbol GVIS
- No BuyIns.Net Alerts Available for GVIS
Graphs for GVIS
3 Month Graph
6 Month Graph
1 Year Graph
