CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Sept. 26, 2005-- Global ePoint, Inc. (Nasdaq: GEPT - News), a leading manufacturer of security technologies for the aviation, law enforcement, industrial and commercial markets, announced today that its AirWorks Division is one of only three certificate holders identified in the Federal Aviation Administration’s (FAA) 14 CFR Part 121 for the "Flightdeck Door Monitoring and Crew Discreet Alerting Systems; Proposed Rule" which was published in the Federal Register, as providing video surveillance systems for airplanes.
The proposal requires the installation of security cameras on board commercial airlines. Members of both the Pilots Union and Flight Attendant union have also been quoted as supporting the use of cameras on board aircraft to monitor passenger activity. Currently, AirWorks has an 88% share of the German market, where such legislation already exists. Its Cockpit Door Surveillance System (CDSS) is installed on over 800 aircraft flying worldwide on major international airlines and domestic carriers. AirWorks also holds Supplemental Type Certificates for each Airbus and Boeing Model aircraft flying within the United States from the Federal Aviation Administration.
The FAA’s proposed rule "will require passenger-carrying part 121 operators to retrofit their aircraft with a means to monitor the area on the cabin side of the flightdeck door and adopt measures to comply with the flightcrew notification requirement." The FAA document names AirWorks as one of only three vendors currently supplying these systems for airplanes.
"We believe we are ideally positioned to benefit from these proposed regulations," said Ricky Frick, President of Global ePoint’s AirWorks Division. "We have installed more video surveillance systems than any other vendor, and our ability to install these systems without taking the aircraft out of service for a significant amount of time provides an additional benefit for the carrier. We have been positioning the Company to benefit from this legislation for several years, and feel that we are well positioned to meet the needs of the airlines in this area."
The AirWorks System provides up to 16 cameras within the cabin and cargo area of the aircraft. One camera is mounted just outside of the cockpit door, with two cameras in the forward galley and passenger loading area directly outside of the cockpit. Cockpit components are 2 LCD screens one located on each pilots position within the cockpit.
The complete FAA Register Docket may be accessed at http://dmses.dot.gov/docimages/p82/346190.pdf
About Global ePoint's Aviation Division
The Company’s Aviation division contains Global AirWorks, whose primary communications and security products include the Cockpit Door Surveillance System (CDSS), a digital electronic "flight bag" of all flight and on-board manuals and records for pilots and a Laptop Computer Power System for passengers and flight crews. AirWorks customers include airline major OEMs, such as AT&T; Aviation, BAE Systems, In-flight Phone, L3 Communications, and Rockwell Collins; all major U.S. airlines; and all major international carriers, including ATA, Air China, Bombardier, Finnair, Varig, KLM, Lufthansa, and Cathay Pacific. AirWorks holds more than 40 supplemental type certificates (STC) certifying AirWorks as a Federal Aviation Administration (FAA)-approved manufacturer and installer for a range of interior equipment and systems for a variety of commercial aircraft flying worldwide.
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