DirectView Receives Contract to Install a Comprehensive Security and Surveillance System for Colorado Cannabis Facility at Approximately $150,000

NEW YORK, October 6, 2015 /PRNewswire/ --

Company expects to complete installation in the fourth quarter of 2015 

DirectView Holdings, Inc. (OTC: DIRV) ("DirectView" or the "Company"), a company focused on ownership and management of leading video and security technology companies, today announced that it has received a contract to complete a comprehensive security and surveillance installation at a Colorado cannabis facility, including a large grow house, two dispensaries and management offices valued at approximately $150,000.00.  The Company expects to complete installation in the fourth quarter of 2015.

The full installation is expected to be completed in the fourth quarter and will include the DirectView IP megapixel security cameras, DirectView's NVR video and audio storage server as well as a access controls and a comprehensive intrusion alarm system. The Company will also receive recurring revenue from an ongoing  services contract to provide 24/7 alarm monitoring of the entire facility.  The contract was derived from the Company's ongoing strategic partnership agreement with Cannamor, LLC ("Cannamor"), a privately held Colorado based consulting company focused on legal cannabis growing and dispensing projects.

Roger Ralston, CEO and Chairman of DirectView, stated, "We are excited to win another comprehensive cannabis installation as part of our exclusive security partnership with Cannamor.  We continue to solidify our position as a trusted source for the security needs of the Cannabis industry enabling us to win larger installation contracts like this one.  We are also beginning to gain traction in ongoing alarm monitoring services which can provide and important source of future recurring revenue. The cannabis industry continues to grow and we intend to work diligently to build on our momentum in Colorado and other geographic regions in the counry."

About Cannamor, Inc. 

Cannamor is the go-to specialist for acquiring, building and growing cannabis businesses. Cannamore has developed both indoor and outdoor grow facilities with energy consumption and efficiency in mind.  The Company was founded in Denver Colorado by two construction industry professionals with a mission to become the trusted resources for design and construction plans to meet the unique needs of the cannabis industry.  With projects across Denver, Boston and more, Cannamor continues to make its mark in the growing cannabis industry. For more information visit http://www.cannamor.com.

About DirectView Holdings, Inc.

DirectView Holdings, Inc., together with its subsidiaries, provides video surveillance solutions and teleconferencing products and services to businesses and organizations. The company operates in two divisions, Security (Video Surveillance) and Video Conferencing. The Security division offers technologies in surveillance systems providing onsite and remote video and audio surveillance, digital video recording, and services. It also sells and installs surveillance systems; and sells maintenance agreements. The company sells its products and services in the United States and internationally through direct sales force, referrals, and its Websites. The Video Conferencing division offers teleconferencing products and services that enable clients to conduct remote meetings by linking participants in geographically dispersed locations. It is involved in the sale of conferencing services based upon usage, the sale and installation of video equipment, and the sale of maintenance agreements. This division primarily provides conferencing products and services to numerous organizations ranging from law firms, banks, high tech companies and government organizations. For more information visit our website at http://www.DirectView.com and connect with us on Twitter, LinkedIn, Facebook, and Google+.

Cautionary Statement Regarding Forward Looking Statements

Forward Looking Statements: This press release contains forward-looking statements that involve a number of risks and uncertainties, including statements regarding the outlook of the Company's business and results of operations. By nature, these risks and uncertainties could cause actual results to differ materially from those indicated. Generally speaking, any statements using terms such as "will," "expect," "anticipate," or "may," or which otherwise predict or address future results or events, are likely to contain forward-looking statements. It is important to note that actual results may differ materially from what is indicated in any forward-looking statement. Readers should consider any forward-looking statements in light of factors that could cause actual results to vary. These factors are described in our filings with the SEC, and readers should refer to those filings, including Risk Factors described in those filings, in connection with any forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:
DirectView Holdings, Inc.
Roger Ralston
+1-212-858-9100 EXT. 111
http://www.DirectView.com
[email protected]

SOURCE DirectView Holdings, Inc.

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