Directview Holdings Inc (OTCMKTS:DIRV) has finally decided to bring its much awaited wearable body camera out for the public to see. The company has chosen the Impact Investor Conference, due to be held in Minnesota, as the platform to launch its lead product from. Even though the body camera is the most anticipated device from the company, it is not the only product that the company would be presenting. The list also includes security cameras and other video technologies.
With the number of rogue cop incidents on the rise in the US, the company’s wearable body camera, integrated with the xG communication technology has been the lead in demand product. There already have been calls from the public and the government to make use of such technology to keep an eye on policemen activities. DIRV CEO, Roger Ralston, will provide the investors with an update on the company’s most awaited device.
Mostly, Impact Conferences are platforms for the company to generate finances for marketing of their new technologies. These conferences are attended by a number of investors, banks and hedge funds looking for a potentially profitable product to invest in. Needless to say the DIRV body camera fits the bill. The technology, with proper marketing, can soon be seen on the uniform of every patrolling policeman.
Additionally, DIRV has already acquired a co-marketing agreement with Positive ID, to market its novel body cameras. The two companies are expected to work together to provide homeland security solutions to clients all over the country. However it does come as a surprise that Positive ID would be chosen for the distribution and marketing purposes of security systems, given that the company is actively involved in developing real-time diagnostic systems. However, Directview management believes that this is the right call and soon exponential growth would be experienced in the business.
Directview Holdings Inc (OTCMKTS:DIRV) traded a volume of 14.94 million shares during the June 19 session, registering a decline of 21.69% in share value to reach a close at $0.0065.