SOURCE: Remote Surveillance Technologies, Inc.

March 01, 2007 09:00 ET

Remote Surveillance Technologies Attracts First Client in the Construction Industry, Providing Access Control Solutions for Advent Development

System to Control and Monitor Traffic Throughout Multi-Tenant Building

IRVINE, CA -- (MARKET WIRE) -- March 1, 2007 -- Remote Surveillance Technologies, Inc. ("RST or the "Company") (www.rsttech.com), (PINKSHEETS: RSUR) is pleased to announce its selection to provide a security access control system for a new multi-tenant building owned and developed by Advent Development. Advent Development offers professional general contracting, including development, architectural, and construction management services for investors and developers in the multi-family and commercial real estate markets throughout the state of California.

RST has designed, and is presently implementing a DSX Access Control System for this commercial facility, which is located in Southern California. The WinDSX system is a building/facility management and monitoring system, used to control and monitor personnel traffic, while excluding unauthorized visitors.

Laurence Harper, President and CEO of RST in describing this agreement stated: "At the beginning of this year, RST management targeted the building and construction industries as one of the prime industries where we felt that our systems and remote monitoring would be very well accepted, as not only a security cost savings for the developer, but also providing enhanced security functions for purposes of attracting the best tenants. This security system design and installation represents our first entrée into this industry, where RST can provide effective and cost-efficient security solutions. We have several proposals outstanding to other developers, which we believe will give us a significant foothold and credibility in the industry, as we continue our national expansion."

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ABOUT REMOTE SURVEILLANCE TECHNOLOGIES, INC.

Remote Surveillance Technologies, Inc. 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. The Company projects reaching $4.6 million of gross sales in 2007 and $16,500,000 of gross sales in 2008. Gross margins should exceed 40% in both 2007 and 2008, with the Company realizing net profits of $300,000 in 2007 and $1,600,000 in 2008.

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.
    Dr. Laurence H. Harper
    (949)829-9300
    harper@rsttech.com

    INVESTOR RELATIONS CONTACT:

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