Directview Holdings Inc (OTCMKTS:DIRV) a firm focused on ownership and management of video and security technology entities reported the completion of successful initial assessment of its body-worn camera that works on xMax private mobile broadband system developed by xG Technology Inc (NASDAQ:XGTI). The latter is a developer firm of wireless communications & spectrum sharing technologies.
xG Technology and Directview performed preliminary integration and assessment of the new Directview body-worn camera product at xG Technology’s central engineering facility located in Sunrise, FL. The first results indicated that Directview’s camera hardware was effortlessly accepted by the xMax system. The data also showed that video transmissions were easily done over the xMax network.
Both companies said that they have plans to extend the beta phase of testing so that they opt for field testing of the combined Directview and iMax system with law enforcement and many other security related firms in the coming months. It will help them to prepare a full product launch in this year.
The management view
Roger Ralston, the CEO and Chairman of Directview Holdings Inc (OTCMKTS:DIRV), expressed that these successful first tests represent a remarkable step forward as their team work diligently toward the release of advanced and unique body-worn camera solution combined with xG technology.
By integrating technologies, the two companies can provide an uninterrupted video communications solution for law enforcement, security, and other firms seeking a reliable, always functioning, fully encrypted point-to-point mobile solution. The company looks forward to the successful conclusion of further testing with xG Technology including the extension of beta plan into real time field testing in the coming period as company prepare for launch.
In last trading session, the stock price of DIRV surged more than 16% to close the trading session at $0.00650. The gains came at a share volume of 14.59 million compared to average share volume of 10.21 million.