Global ePoint, Inc. Names Security Industry Leader as VP of Sales & Marketing for its Digital Division

GEPT, a provider of digital video surveillance systems, today announced the appointment of Joseph P. Cappelletti to Vice President of Sales and Marketing for the Company’s Digital Division, which provides digital video technology and other related products for law enforcement, retail, banking and other commercial and industrial security applications through its Sequent and Perpetual products lines.

Mr. Cappelletti was one of the "Founding Fathers" and also previously served as President of Ademco Distribution, Inc. (ADI), a Melville, New York based division of Honeywell, Inc. During his 24 year career with the Ademco Group, he helped create one of North America’s largest wholesale distributors of security and low voltage products with annual sales that exceeded more than $1 billion.

Global ePoint Chief Executive, Toresa Lou, commented, "We are both proud and privileged to welcome Joe to the Global ePoint management team. As a result of numerous strategic initiatives, starting with the recent acquisition of Perpetual Digital and Airworks, followed by management’s capital investment into Global ePoint, and the recent $5.5 million equity raise, we are fortunate to now be in the position to attract and recruit proven industry veterans like Joe to our Company. The success of these initiatives confirms our belief that we will become a significant player in the vertical markets we serve. I have tremendous confidence that Joe will leverage his vast knowledge of the security industry to assist Global ePoint in executing its sales and distribution strategy."

This division provides digital video technology and solutions for security and monitoring activities in a variety of industries, including law enforcement, security, and retail sector. Current development is underway for the next generation of CCTV digital security products. The Perpetual brand of Digital Video Recorders (DVR) is utilized by customers in the commercial and industrial market and can be integrated with Access Control, Alarm, Bio Metrics and Point of Sale/ATM systems. Perpetual’s Digital Video System solutions are installed in major financial institutions, Parcel Carrier Hubs, Major Retail chains, Government and Refinery Institutions. The Sequent line is utilized and marketed to customers in the law enforcement sector.

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 www.globalepoint.com.

This news release contains forward–looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward–looking statements are based on the company’s current expectations, estimates and projections, management’s beliefs and numerous assumptions, all of which are subject to change. These forward–looking statements are not guarantees of future results and are subject to numerous risks and uncertainties. Our actual results could differ materially and adversely from those expressed in any forward–looking statement. For example, deliveries may be delayed or installations canceled. Regulations may change and negatively affect demand for our products. There can be no assurance that the company’s subsidiaries and/or divisions will be able to achieve growth of sales or market share. The forward–looking statements in this release speak only as of the date of this release. We undertake no obligation to revise or update publicly any forward–looking statement for any reason. These and other risk factors are detailed in our periodic filings with the Securities and Exchange Commission.

Contact:
Global ePoint, Inc.
John Price, 909.839.1700
[email protected]