SOURCE: Remote Surveillance Technologies, Inc.

October 25, 2007 08:00 ET

Wall Street Resources, Inc. Releases an Analytical Profile on Remote Surveillance Technologies, Inc. With a 12-Month Target Value of $0.77

IRVINE, CA--(Marketwire - October 25, 2007) - Remote Surveillance Technologies, Inc. (PINKSHEETS: RSUV) today announced the release of an analytical profile on the Company, by respected micro-cap analyst Mr. Paul Silver, Director of Research for Wall Street Resources, Inc., which contains a 12-month target value for RSUV of $0.77 per share. The 33-page report includes detailed information on the Company's business model, products, industry, valuation, management and risks.

The free report is available at: http://www.wallstreetresources.net/RSUV.asp

Michael Cummings, Chief Executive Officer of Remote Surveillance Technologies, Inc. (PINKSHEETS: RSUV) commented, "Our optimism for continued growth through 2007 and beyond is predicated by our recent accomplishments and continuing robust demand for electronic security solutions. Also, we will continue to work diligently towards maximizing the value of Remote Surveillance Technologies to its shareholders and investors."

Mr. Silver stated, "RST is currently in an aggressive consolidation mode within the highly fragmented security solutions industry. The Company primarily differentiates itself by conducting all of its activities in-house resulting in enhanced quality control, higher customer satisfaction and above average gross margins. Given that the U.S. market for electronic security products and systems is expected to reach $15.5 billion by 2010, we believe that RST is a compelling growth story supported by strong underlying fundamentals."

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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.

About the Analyst

Mr. Silver joined Wall Street Resources in 2006 as the Director of Research. He has been in the financial services industry since 1995 and began his professional career in auditing with a Big Four accounting firm in New York City. Mr. Silver made the move to Wall Street as a sell-side research analyst for two global investment banks in New York City including Salomon Smith Barney and UBS Paine Webber. At Salomon Smith Barney he was a member of the firm's research team covering REITs that was consistently ranked #1 by Institution Investor magazine. Most recently, Mr. Silver worked for a private equity firm as its Chief Investment Strategist.

Mr. Silver is a graduate of the College of William and Mary in Virginia with a BA in liberal arts and New York University's Stern Business School with an MBA in International Finance and Accounting.

About Wall Street Resources

Wall Street Resources, Inc. and its affiliated site http://www.wallstreetresources.net is a leading source for information on micro-to-small capital publicly traded companies and its principals have over 25 years of experience providing analysis on these companies. Wall Street Resources (WSR) acts as a conduit between micro-to-small capital company investors and emerging growth companies through its proprietary financial publications including daily and monthly newsletters, as well as comprehensive 20-50 page featured company reports. To sign up to receive WSR's financial publications go to: http://www.wallstreetresources.net/signup_basic.asp. WSR also provides business consulting services to help corporate executives by writing analytical reports, building financial models, and developing business plans.

Disclaimer -- We, our affiliates, and any officer, director or stockholder or any member of their families may have a position in and may from time to time purchase or sell any securities discussed in our financial publications. There may be instances when fundamental, technical, and quantitative opinions may not be in concert. Our associates may from time to time perform investment banking or other services for, or solicit investment banking or other business from, any company mentioned in our reports. WSR is a consultant to the Company and has received or expects to receive $15,000 in cash and 230,000 shares of 144 restricted stock for due diligence fees and consulting services from February of 2007 through February of 2008, as well as $2,500 per month for investor relations services.

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.

Contact Information

  • CONTACT INFORMATION

    Remote Surveillance Technologies, Inc.
    Michael Cummings
    (949) 829-9300 x 112
    michael@rsttech.com

    Investor Relations Contact:
    Gerald Kieft
    Ryan Audin
    Wall Street Resources, Inc.
    2646 SW Mapp Road, Suite 303
    Palm City, Florida 34990
    (772) 219-7525
    http://www.wallstreetresources.net