CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Nov. 23, 2005--Global ePoint, Inc. (Nasdaq: GEPT - News), a leading manufacturer of security technologies for the aviation, law enforcement, and commercial / industrial markets, today announced that its digital surveillance system has been chosen by the Laughlin/Bullhead City International Airport, which serves a tri-state area centered on southern Nevada. The order will be Global ePoint’s first-ever airport installation.
Commenting on the order, Global ePoint CEO Toresa Lou said, "This order carries significance for Global ePoint far beyond its size. Since we plan an aggressive program to pursue opportunities at airports around the world, it will be very helpful to have a working installation that will showcase the advantages of our system, and as such, this installation opens the door to a very large market worldwide." According to the US Department of Transportation, there are more than 5,000 airports in the US that are used by public passengers, and many times that number worldwide. "This is clearly a multi-billion dollar market," said Ms. Lou, "where our products are very well suited and where we have a good opportunity to take a major portion of this market."
"In partnership with John Paskell, Executive Director of the Mojave County Airport Authority, we reviewed the systems that were applicable to airport applications, and concluded that Global ePoint’s technology has a number of remarkable features and offers the best performance and value," said Chris Chatwin of University Lock Company, a systems integration firm. "In restricted areas, for example, we can set the system to notify us when any movement takes place and to automatically record that event. Further, the notification can go beyond the video monitoring screens to notify wireless devices that security personnel may carry, such as cell phones, two-way radios, pagers, and hand-held email units. Also, when reviewing recordings, we can zero in on portions of the image area, create a list of the exact times that movement took place, and replay any or all of those events."
Beyond airport surveillance, Global ePoint is also targeting other applications of its digital video technology. "Our surveillance systems have been installed in passenger aircraft, police cars and first responder vehicles, police stations and prisons, banks, retail outlets, restaurants and other commercial applications," added Ms. Lou, "because the same advantages our technology brings to airports are also relevant in these settings".
About Global ePoint, Inc.
Global ePoint designs, manufactures, sells and distributes digital video surveillance systems for the law enforcement, military, aviation and homeland security markets. On the cutting edge of digital technology, Global ePoint is developing new compression technologies and next-generation, secure network digital video systems and servers for a wide range of new markets, concentrating primarily on security and homeland defense applications. The Company also manufactures customized computing systems for industrial, business and consumer markets, as well as other specialized electronic products and systems. Complete vertical integration -- from design and manufacturing to sales and distribution -- allows the Company to capture efficiencies and maintain cost advantages in these growing markets, particularly homeland security. For more information, please visit http://www.globalepoint.com
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, whether all of the world’s airlines will install CDSS systems. Such forward-looking statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include, but are not limited to, whether and when government mandates are implemented and individual decisions on the part of the world's airlines to install CDSS systems. For a discussion of these and other factors that may cause actual events or results to differ from those projected, please refer to the Company's most recent annual report on Form 10-KSB and quarterly reports on Form 10-QSB, as well as other subsequent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims any obligation, to update or revise such statements to reflect new circumstances or unanticipated events as they occur.
Global ePoint, Inc.
Paul Goodson, 909-839-1719
CEOcast, Inc. for Global ePoint
Cormac Glynn, 212-732-4300