Directview Holdings Inc (OTCMKTS:DIRV) has announced its entry into wearable cameras and video storage market. The company also added that it would be releasing its first solution, of the industry, sometime in the next two months. The solution itself would contain a next generation wearable camera, linked to an added cloud storage service, provided by Directview. The cloud storage would be available very soon and would be offered with monthly and yearly subscriptions. The company has planned to make their body camera, the most feature rich device of its kind. This would not be an easy task, since the industry is rapidly evolving, due to companies coming up with regular innovative ideas.
Additionally, DIRV has a background for developing security solutions. They would be looking forward to using their impressive portfolio to make the most of their product. The company faces little competition in this sector, since not many companies specialize in these products and services. Additionally, even fewer of these companies are publicly traded and Directview is set to join them. Currently, the company is targeting patents for its innovative technologies and GSA contracts to get a good grip in the market.
The company also seems to be integrating part of its security solutions in the body camera as well. They have already added bio-security, to safeguard the device and precious data stored on the cloud. The device is also thought to have features such as Wi-fi, Bluetooth and LTE connectivity. The target consumers do not only include security companies, but health care officials, fire departments and aviation industries, amongst others. The CEO of DIRV, Roger Ralston, confessed that his company had been planning to break into this unique industry, but it was not until now that they had the right device to make an impact.
Directview Holdings Inc (OTCMKTS:DIRV) closed at $0.0031 on April 13, without registering a change. The company currently trades 12.69 million shares in the market, with a 52 week range of $0.00-$0.63.