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Technology Stocks : MSGI Security Solutions, (MSGI)

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From: Paul Lee	10/30/2007 2:24:28 PM
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MSGI Security Solutions Expands Product Offerings to Include Proprietary Military Grade Hi-Definition Surveillance Monitors Tuesday October 30, 1:18 pm ET Deployment Scheduled for Q1 2008 NEW YORK--(BUSINESS WIRE)--MSGI Security Solutions Inc. (OTCBB: MSGI - News) “MSGI” today announced an expansion of its line of business to include proprietary display technologies designed to meet US Dept of Defense requirements. Rather than outsourcing, MSGI and its strategic partners in Korea developed improved high-definition flat screen monitors that meet the strictest military specifications for quality and performance. These new products can be utilized to monitor military operations and can also be used for critical commercial security applications. MSGI has enhanced its focus to include target markets within the US DOD that leverage its strategic business alliances. The company recognized that its security and surveillance segments are rapidly expanding through globalization. The competitive manufacturing of its Korean partners combined with sophisticated product development will provide MSGI with a first mover and leadership opportunity in proprietary display technologies. By doing so, MSGI developed a core capacity not only to adapt to existing target markets but also lead the nascent markets in advance. Mass production will commence within 60 days and the first live paid deployments are scheduled for Q1 of 2008. These new products and client relationships will be additive to the guidance provided by the company earlier this month. MSGI is continuing to build its commercial customer base, while leveraging their emerging products and services within the US DOD market segment.

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