SOURCE: Remote Surveillance Technologies, Inc.

February 27, 2007 16:17 ET

Remote Surveillance Technologies Chosen to Design and Implement Security System for Award-Winning Wireless Navigation Solutions Company

System to Provide Facility Management and Monitoring

IRVINE, CA -- (MARKET WIRE) -- February 27, 2007 -- Remote Surveillance Technologies, Inc. ("RST" or the "Company") (www.rsttech.com) (PINKSHEETS: RSUR) is pleased to announce its selection to provide security solutions to a leading GPS navigation platform provider that is expanding its operations and moving its headquarters from Irvine, CA to Aliso Viejo, CA. The company provides navigation directions, maps, and other location-based information, in real time, to GPS-enabled mobile phones via advanced client/server architecture. Its products can also simplify trip planning with the optional Web planner, enabling one to create a travel itinerary ahead of time, and retrieve it on the user's cell phone while on the road.

RST has designed, and is presently implementing an integrated DSX Access Control and Intrusion System for the company's new headquarters in Aliso Viejo, CA. The WinDSX system is a building/facility management and monitoring system, used to control and monitor personnel and alarm activity. By making extensive use of distributed processing, the system integrates access control, alarm monitoring, and time and attendance into a single Windows-based system. In selecting DSX Enterprise access control, consideration was also given to the system's expandability as the company continues its growth plans.

Laurence Harper, President and CEO of RST, in describing this agreement, stated: "It is gratifying to continue to acquire high-technology companies as clients, who appreciate the creative security technology approaches we apply to their security concerns. This new client is growing very quickly, and we are excited about providing security solutions for its present security needs and meeting the needs that develop in the future."

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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 STATEMENTS: 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