#Security Stock Interview: DirectView Holdings (OTC: $DIRV) CEO Talks about #Surveillance and #AccessControl Products and Contracts
“DirectView Holdings, Inc., (OTC: DIRV) has had a phenomenal first half of 2018, largely as a result of strong trust built up with clientele” -CEO Roger Ralston.
Point Roberts, WA - September 11, 2018 (Investorideas.com Newswire) Investorideas.com and Homelanddefensestocks.com, covering security and defense stocks release an exclusive podcast interview with Roger Ralston, the CEO of DirectView Holdings, Inc. (OTC: DIRV). Roger discusses his company's Security Video Surveillance division (http://directview.com), its revenue growth and some recent contracts including a Texas college and a prestigious New York City private school.
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Security Industry Podcast: CEO of DirectView Holdings (OTC: $DIRV) Talks about his Surveillance and Access Control Products and Recent Contracts
Security Industry Podcast: CEO of DirectView Holdings (OTC: DIRV) Talks about his Surveillance and Access Control Products and Recent Contracts
DirectView Holdings, Inc., (OTC: DIRV) has had a "phenomenal" first half of 2018, largely as a result of strong trust built up with clientele, according to company CEO Roger Ralston.
DirectView has seen a 70 percent growth in sales, a record of $2.3 million USD, in the first half of the year, as well as a 73 percent increase in product sales worth $1.9 million USD in the same period. Sales of services recorded $0.4 million USD, marking a 57 percent increase and the company reports $0.9 million USD in gross profits-a 64 percent increase over 2017.
Ralston puts a lot of this success on the establishment of trust with clients and argues that the confidence that DirectView has fostered is worth more than advertising.
"In the business that we're in…one of the biggest things is trust," he said. "You could take out a billboard in Times Square, and you're not going to get nearly as much business as you're going to get from word of mouth, referrals from other companies that people are doing business with or ongoing business from the customers you're in with."
Ralston cited the retention of services with clients as evidence of the importance of trust.
"Typically we find that once we're in with a company, a school-whatever it may be-that they'll end up sticking with us as they go on with more projects and more locations because they like to keep it uniform with somebody they trust," he said.
One of the most visible security issues in 2018 was in schools, as mass shootings proliferate in the United States. A recent press release from DirectView indicated orders the company received for school security and surveillance. Ralston explained that significance of security systems in the wake of mass shootings in schools and elsewhere, and that safety was of the utmost significance.
"That's one of the saddest things we hear about," he said. "It's not only schools, it's concerts…it could be anything in public and school shootings are just the thing getting the most attention."
"We do have some educational institutions that are clients of ours, and when we're working with them that is the most paramount thing, keeping their students safe, their staff safe, their visitors safe. Using our security systems is something that definitely helps keep everybody safe and it's also a deterrent from people doing what they shouldn't be doing."
In light of DirectView Holdings' record-breaking financial year, Ralston spoke of the importance of uplisting, and specifically, the company's intended route of growth and acquisition.
"We are absolutely still focussed on [uplisting]," he said. "We've got a number of items in place to help us reach that goal. First and foremost we've been sticking to the fundamentals and growing the business, which I think is evident by our audited financials that we just reported. We're also looking at adding some depth to our senior management and we have some good things planned for that area, as well as continuing on our acquisitions. So, we're looking to grow both organically and through acquisitions."
About DirectView Holdings, Inc.
DirectView Holdings, Inc., (OTC: DIRV) together with its subsidiaries, provides video surveillance solutions and teleconferencing products and services to businesses and organizations. The company operates in two divisions, Security (Video Surveillance) and Video Conferencing. The Security division offers technologies in surveillance systems providing onsite and remote video and audio surveillance, digital video recording, and services. It also sells and installs surveillance systems; and sells maintenance agreements. The company sells its products and services in the United States and internationally through direct sales force, referrals, and its Websites. The Video Conferencing division offers teleconferencing products and services that enable clients to conduct remote meetings by linking participants in geographically dispersed locations. It is involved in the sale of conferencing services based upon usage, the sale and installation of video equipment, and the sale of maintenance agreements. This division primarily provides conferencing products and services to numerous organizations ranging from law firms, banks, high tech companies and government organizations. For more information visit our websites at www.DirectView.com, www.ApexCCTV.com and www.VS-US.com and connect with us on Twitter, LinkedIn, Facebook, and Google+.
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