SOURCE: Remote Surveillance Technologies

February 13, 2007 14:00 ET

Remote Surveillance Technologies to Provide Remote Video Monitoring and Security Installation Work for a Leading, Fortune 500 Technology Company

Company to Discuss This Contract, as Well as Other Contracts Previously Announced, on Conference Call Today at 4:15 PM EST

IRVINE, CA -- (MARKET WIRE) -- February 13, 2007 -- Remote Surveillance Technologies, Inc. ("RST or the "Company") (www.rsttech.com) (PINKSHEETS: RSUR) is pleased to announce the addition of an industry leading, Fortune 500 company (which has requested anonymity) to its list of remote video monitoring clients. In addition to the monthly recurring services, totalling approximately $3,000 per month, RST will also provide the company with security system design and installation work to fortify its existing security systems.

The client company that is using RST products and services manufactures and provides components for nearly 30% of the world's leading PC producers. Its products are also utilized in digital video recorders and control boxes for cable TV.

The interactive video monitoring services have allowed the client company to reduce its on-site security guard force, both locally and in other locations through centralized monitoring provided by RST, thereby saving it thousands of dollars in security costs each month, while actually improving the level of security.

Laurence Harper, President and CEO of RST in describing this agreement stated: "I have worked with this company in my previous security business, and I am very gratified to be of service to it again. The client is a premier, world-wide leader in its industry, and consequently, they expect no less from their service providers, such as RST. They understand the benefits of the technologies RST offers, which helps us provide the very best in security services. We have targeted leading technology companies as one of several industries that we have focused upon, and the signing of this contract is one of many that we expect through our initiatives in this industry. We look forward to discussing our marketing efforts to companies in the technology industry, as well as our initiatives in the healthcare, automobile dealers and water treatment industries, among others, on our initial conference call with shareholders, investors, brokers and analysts, which is scheduled for 4:15 PM EST today. This conference call will give the senior management of our company our first opportunity to fully discuss our business model; expected internal growth; our acquisition strategy; as well as the status of our audit and filings with the SEC, which will allow the company to upgrade its trading venue to the Bulletin Board and to NASDAQ; and our ultimate plan to enhance shareholders' value through an exit plan that we are presently on plan to execute."

Interested parties may hear the conference call by telephone.

Instructions for the call are:

To hear the conference call as it takes place:
Call 800-374-0113 in the United States/Canada or;
Call 706-758-9607 Internationally
Stay up-to-date with current events by joining RST Technologies' E-Mail Alert List. Join by clicking the following link: http://www.b2i.us/irpass.asp?BzID=1480&to=ea&s=0

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