View Systems, Inc. (VSYM) Hits Security Screening
Post# of 45
Posted On: 07/10/2015 9:39:54 PM
View Systems, Inc. (VSYM) Hits Security Screening Market Sweet Spot with Safe & Rapid Walk-Through Weapon Detection System
A recent report published by MarketsandMarkets on the global security screening sector projects a CAGR of around 9.46% over the next five years, when the space will hit upwards of $9.1 billion, driven largely by demand from airport, private sector facility and public place security concerns looking to thwart criminal activity and the growing risk of terrorism. Homeland Security Research Corporation reported last year that globally, person-borne IED suicide attacks were 90 percent higher than in 2011, with over 3,500 fatalities. One of the most important segments in the overall space continues to be aviation security. Despite the historical dominance of the U.S. and EU markets in this area, demand from China and the Gulf states is rising rapidly and is seen as taking the lead in short order, with projections that these regions will comprise over 60 percent of the aviation security system and device markets by 2022.
Here in the U.S., where aviation security is addressed by the TSA’s $6 billion or more in annual taxpayer funding, as well as another $2 billion in air-carrier and passenger security fees, there has been considerable pushback from consumers regarding the latest forms of scanning technology that are used to detect weapons and other devices, in addition to pat downs, and the general inconvenience created by increased air travel security measures. Roughly two-thirds of the TSA’s massive budget goes directly to passenger and baggage screening and more than 85 percent of the agency’s personnel load is dedicated to airport screeners, making the demand for safe, effective and rapid detection systems that are easy to operate a growing concern that needs to be addressed by innovative approaches to how screening is executed in general.
The same security concerns which exist at airports are shared by corporations with large public facilities, event organizers in the commercial space, as well as by local, state and federal law enforcement agencies, which are often tasked with the immensely difficult job of providing security at events in public places. The need for comprehensive security screening technology from both public and private entities continues to grow year after year, with concerns over criminal activities and terrorism fueling the roll out of ever more advanced solutions at locations like banks, casinos, hotels and malls, as well as at government buildings, hospitals, and schools. However, safety and privacy risks associated with extant technologies, combined with the costs and the difficulty of setting up robust screening hardware and software solutions, especially at ad hoc public events, has continued to plague the sector.
Hence the attention being received of late by leading security technology solutions developer View Systems, Inc. (OTC: VSYM), whose safe, portable, inexpensive and easy-to-use ViewScan archway represents a lightweight, yet extremely robust solution for speedily detecting weapons and other metallic objects. While there are many competing products out there in this sector today, VSYM is one of the few publicly traded companies that also has the in-house engineering expertise needed to produce truly intuitive, state-of-the-art technological solutions to modern security problems, as well as the kind of client-oriented security consulting services required to deliver an ever-evolving, tailored approach to its customers.
The completely passive ViewScan walk-through weapon detection system finds any concealed ferromagnetic objects, including cell phones, guns and knives, using a sophisticated array of gradiometer sensors that actually measure fluctuations in the earth’s magnetic field as a person passes through. The array of sensors positioned within the archway of the ViewScan unit allows VSYM’s proprietary software to actively detect the presence of anomalies in the measured field gradient with significant accuracy, enabling operators to see, via the user interface, where exactly on an individual’s body the suspect object is located.
This ingenious design allows the ViewScan system to forego generating or emitting any form of harmful radiation whatsoever, making the system completely safe, especially for individuals with medical implants like pacemakers, or for pregnant women. ViewScan alleviates health concerns that exist with other technologies like millimeter-wavelength scanning, which uses tremendously high frequency terahertz radiation (T-rays), or backscatter systems which use X-rays. Moreover, no compromising imagery is captured, nor is the individual’s privacy violated, eliminating the persistent privacy concerns that have caused backlash against scanning systems like backscatter and millimeter-wavelength. While an extremely rigorous screening demand exists in the aviation security space, the ViewScan is perfect for creating a rapid pre-check screening architecture and is easily integrated with other systems like card readers, biometrics-based elements, and even sally port or sliding gate locking and unlocking mechanisms, such as those used at correctional facilities.
The computer-controlled and fully networked (via WAN or LAN, allowing for remote operation) ViewScan system never needs to be calibrated and can be operated by just about anyone after a minimal amount of training, yet ViewScan can still be easily transported and deployed with a minimal amount of effort, making the system ideal for events like concerts, or for use at stadiums. Simultaneously, the ViewScan system eliminates the need for individuals to remove shoes or other articles of clothing, as well as eliminating false-positive alarms for gold, silver and copper, which makes jewelry, watches and coins of little to no concern. This system enables rapid throughput of individuals and thus its use in high-volume, high-traffic applications is ideal. And while no compromising scan images of individuals are generated or stored, the system has an integrated video channel and comes ready out of the box to do complete image archiving and easy retrieval for analytical, documentation logging, or prosecutorial purposes.
VSYM has also developed additional technologies like its wearable or K-9 mounted VFR camera and transmitter solution, a Positive ID Verification System bundle for point of entry visitor vetting, and a sophisticated handheld metal detector known as the LAW. Such systems reinforce the company’s leadership position in the security technologies arena and form a solid backdrop to its flagship ViewScan detector.
Take a closer look by visiting www.viewsystems.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
A recent report published by MarketsandMarkets on the global security screening sector projects a CAGR of around 9.46% over the next five years, when the space will hit upwards of $9.1 billion, driven largely by demand from airport, private sector facility and public place security concerns looking to thwart criminal activity and the growing risk of terrorism. Homeland Security Research Corporation reported last year that globally, person-borne IED suicide attacks were 90 percent higher than in 2011, with over 3,500 fatalities. One of the most important segments in the overall space continues to be aviation security. Despite the historical dominance of the U.S. and EU markets in this area, demand from China and the Gulf states is rising rapidly and is seen as taking the lead in short order, with projections that these regions will comprise over 60 percent of the aviation security system and device markets by 2022.
Here in the U.S., where aviation security is addressed by the TSA’s $6 billion or more in annual taxpayer funding, as well as another $2 billion in air-carrier and passenger security fees, there has been considerable pushback from consumers regarding the latest forms of scanning technology that are used to detect weapons and other devices, in addition to pat downs, and the general inconvenience created by increased air travel security measures. Roughly two-thirds of the TSA’s massive budget goes directly to passenger and baggage screening and more than 85 percent of the agency’s personnel load is dedicated to airport screeners, making the demand for safe, effective and rapid detection systems that are easy to operate a growing concern that needs to be addressed by innovative approaches to how screening is executed in general.
The same security concerns which exist at airports are shared by corporations with large public facilities, event organizers in the commercial space, as well as by local, state and federal law enforcement agencies, which are often tasked with the immensely difficult job of providing security at events in public places. The need for comprehensive security screening technology from both public and private entities continues to grow year after year, with concerns over criminal activities and terrorism fueling the roll out of ever more advanced solutions at locations like banks, casinos, hotels and malls, as well as at government buildings, hospitals, and schools. However, safety and privacy risks associated with extant technologies, combined with the costs and the difficulty of setting up robust screening hardware and software solutions, especially at ad hoc public events, has continued to plague the sector.
Hence the attention being received of late by leading security technology solutions developer View Systems, Inc. (OTC: VSYM), whose safe, portable, inexpensive and easy-to-use ViewScan archway represents a lightweight, yet extremely robust solution for speedily detecting weapons and other metallic objects. While there are many competing products out there in this sector today, VSYM is one of the few publicly traded companies that also has the in-house engineering expertise needed to produce truly intuitive, state-of-the-art technological solutions to modern security problems, as well as the kind of client-oriented security consulting services required to deliver an ever-evolving, tailored approach to its customers.
The completely passive ViewScan walk-through weapon detection system finds any concealed ferromagnetic objects, including cell phones, guns and knives, using a sophisticated array of gradiometer sensors that actually measure fluctuations in the earth’s magnetic field as a person passes through. The array of sensors positioned within the archway of the ViewScan unit allows VSYM’s proprietary software to actively detect the presence of anomalies in the measured field gradient with significant accuracy, enabling operators to see, via the user interface, where exactly on an individual’s body the suspect object is located.
This ingenious design allows the ViewScan system to forego generating or emitting any form of harmful radiation whatsoever, making the system completely safe, especially for individuals with medical implants like pacemakers, or for pregnant women. ViewScan alleviates health concerns that exist with other technologies like millimeter-wavelength scanning, which uses tremendously high frequency terahertz radiation (T-rays), or backscatter systems which use X-rays. Moreover, no compromising imagery is captured, nor is the individual’s privacy violated, eliminating the persistent privacy concerns that have caused backlash against scanning systems like backscatter and millimeter-wavelength. While an extremely rigorous screening demand exists in the aviation security space, the ViewScan is perfect for creating a rapid pre-check screening architecture and is easily integrated with other systems like card readers, biometrics-based elements, and even sally port or sliding gate locking and unlocking mechanisms, such as those used at correctional facilities.
The computer-controlled and fully networked (via WAN or LAN, allowing for remote operation) ViewScan system never needs to be calibrated and can be operated by just about anyone after a minimal amount of training, yet ViewScan can still be easily transported and deployed with a minimal amount of effort, making the system ideal for events like concerts, or for use at stadiums. Simultaneously, the ViewScan system eliminates the need for individuals to remove shoes or other articles of clothing, as well as eliminating false-positive alarms for gold, silver and copper, which makes jewelry, watches and coins of little to no concern. This system enables rapid throughput of individuals and thus its use in high-volume, high-traffic applications is ideal. And while no compromising scan images of individuals are generated or stored, the system has an integrated video channel and comes ready out of the box to do complete image archiving and easy retrieval for analytical, documentation logging, or prosecutorial purposes.
VSYM has also developed additional technologies like its wearable or K-9 mounted VFR camera and transmitter solution, a Positive ID Verification System bundle for point of entry visitor vetting, and a sophisticated handheld metal detector known as the LAW. Such systems reinforce the company’s leadership position in the security technologies arena and form a solid backdrop to its flagship ViewScan detector.
Take a closer look by visiting www.viewsystems.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
(0)
(0)View Systems Inc (VSYM) Stock Research Links
Scroll down for more posts ▼