SOURCE: View Systems, Inc.

View Systems, Inc.

April 14, 2015 09:15 ET

View Ships Product and Continues With Merger Process

BALTIMORE, MD--(Marketwired - Apr 14, 2015) -  View Systems, Inc. (OTCBB: VSYM), a Baltimore-based manufacturer of integrated, non-invasive, weapons detection systems, and the Potomac River Group LLC (PRG), http://www.potomacrivergroup.com, are continuing with the formal steps required in their announced merger.

In January the companies started working together with a distribution and financing agreement from which we built inventory to meet existing orders and product demonstration demands. View has been shipping product to fulfill current and multiple back-orders from both the East and West coast. Existing customers have been re-ordering and renewing their service contracts.

The formal merger between View Systems and PRG has been working its way through verifications by attorneys and accountants from both sides. Everything associated with the merger has gone forward methodically and the management of both organizations has been meeting on a regular basis. View will be filing its 10K in a timely manner and PRG is going through its audit process.

Frank Frysiek, President and CEO of Potomac River Group and PRG-Defense, stated, "We took an interim step with the Distribution Agreement, which got the ball rolling and are beginning to expand both the reach and market penetration of the View product lines." View Systems CEO Gunther Than echoed those comments saying, "Frank and I work well together and complement each other's strengths."

About View Systems: View Systems, Inc. manufactures and installs weapons detection identification systems, video management platforms and tele-data communication networks targeted at a broad range of government and commercial users. More information can be found at www.viewsystems.com

Forward-Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward-looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results. 

Contact Information

  • CONTACT:
    View Systems
    410-242-8439