"negotiations with Coach Don Shula concluded without a contract agreement."
SeaView To Get GSA Status
ST. PETERSBURG, Fla., May 31 /PRNewswire/ -- SeaView Video Technology, Inc. (OTC Bulletin Board: SEVU) (website: www.sevu.com) announced today that the company's products will be listed in the government's General Services Administration (GSA) catalog. In simple terms, the company's products can be purchased by federal, state, and local government agencies without a bid process. "If you're in the book, they can just order by the numbers! Every government buyer and all government agencies utilize the GSA," said VP J.R. Cox. The company will be on line in about 10 days. (For more information see www.gsa.gov)
Senior VP Dan Mehosky announced the signing of a new Teaming Agreement between SeaView and New Technology Management, Inc. (website: www.ntmi.com) as "a huge move forward for SeaView." Oakton, Va.-based NTMI is a systems integrator with direct contacts to Federal agencies and is 8(a) certified through 2003. Started in 1990, NTMI has grown 12,493% and operates five offices nationwide. NTMI will represent SeaView products to the Port Authority, U.S. Customs, U.S. Border Patrol, the Federal Protection Agency (FPA), and others.
"This group [NTMI] is on the move," commented CEO Rich McBride. "They invited us to join them. And combined with our other Teaming Partner, Logis- Tech, we have all the bases covered."
McBride also spoke about the previous week's D.C. visit: "I'll try to give you some insight into a common presentation with SecureView, but with a major agency involved. We walked into the FPA, downtown, with the Capitol in the background. The conference room was near the main entrance. In five minutes, we had four SecureView cameras plugged in -- covering the front door, the hallway in both directions, and an adjacent office. We plugged in the PC, and were immediately monitoring all four cameras from the conference room. Utilizing the software, we 'painted' an alarm zone just around the front door. The next person to enter the building set off the alarm. The computer had already digitized the few seconds preceding the event, allowing us to see who triggered the alarm, and recorded the entire event to the hard drive. To say that everyone was impressed would be an understatement." The FPA is the agency responsible for policing all Federal buildings. The company feels that rapid-deployment capabilities are endless.
Jennifer Lawson announced that negotiations with Coach Don Shula concluded without a contract agreement. National Sponsorships continue this week on the Weather Channel: the Weekend Outlook at 6:25 p.m., June 3; and 5:25 p.m., June 7; the Beach and Boating Report at 6:16 p.m., June 4; and 4:00 p.m., June 5th and 6th. The schedule also includes "rotating" 30-second advertisements throughout the broadcast day.
New sales projections, which will include SecureView forecasts, will be out next week. Mehosky predicted "a dramatic increase, with the current government contracts -- 7th ARMCOR Division -- and National Guard plans here in the U.S., and a major consumer retail summer blitz. The company has been selling a half-million dollars a month through the Marine Division, with over 700 retail dealers. The gross revenue from 100,000 SecureView consumer cameras at $399.00 would break $40 million by itself."
website: www.sevu.com
email: info@sevu.com
Investor Information: 727-866-3660
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including, without limitation, the ability of SeaView Video Technology, Inc. to accomplish its stated plan of business. Although SeaView Video Technology, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and, therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by SeaView Video Technology, Inc. or any other person that the objectives and plans of SeaView Video Technology, Inc. will be achieved.
SOURCE SeaView Video Technology, Inc.
CO: SeaView Video Technology, Inc.; New Technology Management, Inc.; Federal Protection Agency
ST: Florida, Virginia, District of Columbia
IN: CPR MLM
SU:
05/31/2000 11:36 EDT prnewswire.com |
