BALTIMORE, April 22, 2010 (GLOBE NEWSWIRE) -- View Systems, Inc. (OTCBB:VSYM), a security and tele-data solutions provider, announced today that the company has retained Laidlaw & Company to complete a strategic investment banking deal.
Laidlaw & Company is a full service investment bank and securities brokerage firm with offices in New York, London, Miami and select additional locations. Its brokerage arm provides wealth management advice for domestic and international high-net-worth and institutional clients. Its investment banking arm provides capital raising, M&A, restructuring and other financial advisory services for public and private small cap and middle market clients across a broad cross-section of industry sectors. Laidlaw is authorized by the FSA in the United Kingdom, and is regulated by FINRA in the United States. (Source: www.laidlawltd.com).
View Systems CEO, Gunther Than, states, "The engagement of Laidlaw & Company will be an asset to View. Laidlaw will assist View in business development, review for potential M&A candidates and enhance shareholder value. We are organizing the details of the plan and putting it into action."
About View Systems: View Systems, Inc. manufactures and installs weapons detection identification systems, video management platforms and tele-data communication networks targeted towards correctional facilities, schools, courthouses, government agencies, event and sports venues, and commercial businesses. More information can be found on the website at www.viewsystems.com.
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Forward Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.