CARY, N.C.–(BUSINESS WIRE)–January 19, 2016–
Force Protection Video Equipment (OTC Markets: FPVD) announced today an update on the recent Consumer Electronic Show (CES) that the Company’s president. Mr. Feldman attended in Las Vegas.
The CES show is the largest gathering of video and audio manufacturers in the world. Technology in this sector is rapidly changing and our attendance is a must to keep abreast of latest audio and video trends.
The Company is now in negotiations with several audio and video manufacturers to represent their products in the US law Enforcement/security market. The Company is also in discussions with a major sports camera manufacturer to represent it in select markets. If the Company is able to come to agreements with the manufacturers, their product offerings will enhance as well as increase our overall sales and company visibility.
While at CES, Mr. Feldman had the opportunity to meet with the design team for the next generation of on-the-body cameras. The LE 50 camera by Force Protection Video is being designed to meet the ever growing demands for an affordable video camera solution for the largest US cities. The LE50 design will use the latest chip by Ambaralla (AMBA NASDAQ), and when matched with our Citadel Video Evidence management system will provide a turnkey solution for any department. The LE50 will be released in Q4. To date, sales for the Company’s LE 10 camera systems continue to be steady
The Citadel audio/video management software and storage solution fills another request and need from law enforcement to provide an affordable solution to manage and store audio and video recordings securely on site without long term contracts and excessive storage fees. The Citadel Software is designed so that it can be used also with any departments current body cameras.
The Force Protection Video LE50 camera is a rugged HD design which incorporates Ambarella (NASDAQ AMBA) made chips that allow cameras and other devices to record high definition video. It is the chip supplier of the popular GoPro (NASDAQ:GPRO) sports cameras.
Paul Feldman has over 30 Years experience providing quality video and audio equipment to Law Enforcement.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company’s future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. No past revenue or other performance can guarantee the same or better performance in the future. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company’s control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein are included in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward- looking statements, even if new information becomes available in the future.
If you would like more information about this topic, please contact Paul Feldman at FORCE PROTECTION VIDEO EQUIPMENT or email at INFO@FORCEPROVIDEO.COM.