CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Aug. 3, 2005--Global ePoint, Inc., a leading manufacturer of security technologies for the aviation, military, law enforcement, industrial and commercial markets, announced an addition to its Perpetual Digital product line. The development of the Perpetual Digital surveillance system was initiated in 2004 and was designed specifically for the financial market to include automated video and data transfer features to meet the stringent requirements enforced by Seproban (Seguridad y Proteccion Bancarias or Bank Security Protection). Seproban is a mixed public-private company established by the federal government and financial institutions operating in Mexico to standardize security activities within the banks and develop policies to prevent bank crimes. Based upon a federal mandate Seproban establishes and maintains the rules for the security technology that is required for each bank branch.
The surveillance systems are equipped with custom software that allows for automated video and data transfer of an incident quickly to a central monitoring location to ensure a timely response to the incident by the authorities.
“This new product introduction illustrates the flexibility of our video surveillance solutions. Our software architecture already delivers a powerfully robust feature set. This solution demonstrates our engineering expertise and application allowing us to quickly deliver a custom solution to meet market needs and customer’s requirements.” commented Greg Edelman, Vice President of Business Development for Global ePoint. “This surveillance solution provides an automated trigger that quickly sends a complete video and data file of not only the incident itself but also the events leading up to the incident. This is a unique and powerful feature and it has multiple applications for the Banking, Retail, Government, and Transportation industries,” continued Mr. Edelman.
About Perpetual Digital
Global ePoint's Digital Technology Division develops and provides a range of next-generation digital video and audio recording solutions for applications in the security industry. Currently consisting of Perpetual Digital and Sequent Technology product lines, the Digital division's products are making analog tape-based systems obsolete by providing digital technology solutions to enable the real-time capture, playback, communication, computer-based archive, search and recall of high-quality digital video. Perpetual Digital products provide a range of security and surveillance capabilities, including point-of-sale digital video transaction recording equipment and a range of other commercial security solutions for professional alarm providers and integrators. Sequent Technologies products provide proprietary digital video systems for a range of law enforcement, defense, access security and public safety markets. Its products enable the video transmission, indexing and archiving systems from anywhere using existing wireless cellular networks.
About Global ePoint, Inc.
Global ePoint's growth catalyst, through its wholly-owned subsidiaries, is the design, manufacturing, sales and distribution of digital video surveillance systems for the law enforcement, military, aviation and homeland security markets. On the cutting edge of digital technology and seeking to expand its product line, 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. As a solid recurring revenue stream, 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. This release may contain forward-looking statements. Such 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, risks related to the integration of the Company's recently acquired operations; market acceptance of the Company's products; delays in the introduction of new products; production and/or quality control problems; further approvals of regulatory authorities and the denial, suspension or revocation of certifications and licenses by governmental authorities; and the Company's ability to obtain capital as and when needed. For a discussion of these and other factors which 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-Q, 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.
John Price, 909-869-1688 Ext.307
CEOcast, Inc. for Global ePoint
Ed Lewis, 212-732-4300