SOURCE: Remote Surveillance Technologies, Inc.

October 09, 2007 08:00 ET

Remote Surveillance Technologies Announces Significant Increase in Year-to-Date Revenues With the Acquisition of Secsol, Inc.

IRVINE, CA--(Marketwire - October 9, 2007) - Remote Surveillance Technologies, Inc. (PINKSHEETS: RSUV), today pre-announced consolidated year-to-date revenues of $3,782,988 as of September 30, 2007.

Furthermore, management expects to close $1.3 million of additional business in the fourth quarter of 2007 primarily from its existing backlog. Thus, the consolidated 2007 revenue estimate for Remote Surveillance Technologies, nMotion, Inc. and Secsol, Inc. d/b/a Security Solutions is $5.0 million with an estimated gross profit margin of 40% and an estimated EBITDA margin of 9-10%.

Remote Surveillance Technologies' CEO, Michael Cummings, stated, "We have started an ambitious expansion plan and recently added our second acquisition in the Los Angeles Area, which was announced last week. Post this acquisition the Company has approximately 27 million shares outstanding with 2.7 million in the float. As outlined in our business plan, we expect to acquire and open additional locations in primary markets by the end of 2007 and continue to aggressively pursue our growth plan in the 2008." He added, "As a result of these initiatives, we expect to experience stronger top-line growth in the quarters ahead and we will continue to work diligently towards maximizing the value of Remote Surveillance Technologies for its shareholders and investors."

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About Remote Surveillance Technologies

Remote Surveillance Technologies is a full-service electronic security systems integrator and remote surveillance monitoring company. RST provides security analysis, systems design, equipment purchase, installation, and integration for off-site video monitoring. RST revenue is generated from both recurring video monitoring fees and systems installations. The monitoring advantages offered by RST to its clients include: the elimination of false alarms; incident verification at physical plant and with corporate vehicles; immediate notification to law enforcement; description and physical location of perpetrator(s) to law enforcement during the crime; immediate voice interaction with perpetrator(s); 24/7 on-site digital image recording and storage; redundant recording of events at monitoring station to preserve evidence, alarm indicator points for ease of reviewing incidents; and the significant lowering of the clients' security costs by reducing or eliminating on-site guard personnel.

The Company spent most of 2006, its initial year of business operations, developing the Company's infrastructure, building the 24/7 monitoring facility and soliciting contracts and accounts. Clients of the Company currently include: SC Fuels, Cajon Valley School District, Charriol Geneve Jewelers, Southland Transit and two very large high-tech companies in Southern California.

FORWARD-LOOKING STATEMENT: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in the Security and Surveillance industry; the positioning of RST in the market; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether RST can successfully gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.

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