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INSIGHTS

GVI Security Solutions Receives US$15 Million Two-Year Contract Renewal from Major Retailer

GVI Security Solutions, a provider of video security surveillance solutions featuring the complete Samsung Electronics line of products was awarded a two year contract extension starting Feb. 1, 2009, to provide video surveillance equipment to a major U.S. based international retailer for its United States asset protection and safety program. Revenue over the two-year term of the award is estimated to be $15 million.

GVI Security Solutions, a provider of video security surveillance solutions featuring the complete Samsung Electronics line of products was awarded a two year contract extension starting Feb. 1, 2009, to provide video surveillance equipment to a major U.S. based international retailer for its United States asset protection and safety program. Revenue over the two-year term of the award is estimated to be $15 million.


"We are extremely pleased to have been awarded a two year extension on our contract to provide video security systems that meet the exhaustive quality and performance standards of this leading retailer," said GVI Chairman and CEO Steven Walin. "We look forward to continuing to work with this innovative international retail market leader to provide video surveillance products and solutions for their facilities."


About GVI Security Solutions
GVI Security Solutions is a provider of video surveillance and security solutions, with sales and service representation throughout North, Central and South America. The company provides Samsung Electronics and GVI branded products, software and services to the Homeland Security and Commercial markets. Their customers include governments, major retail chains, leading financial institutions and public and private school systems.

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