Published:
Remote Surveillance Technologies Appoints a New Chief Executive Officer
Remote Surveillance Technologies, Inc.
(PINKSHEETS: RSUR) is pleased to announce Michael Cummings as its new Chief
Executive Officer.
Remote Surveillance Technologies' CEO Dr. Laurence H. Harper stated, "Over
the past two years, Remote Surveillance Technologies has made tremendous
progress evolving from a development stage venture into a full fledged
enterprise with an expanding pipeline of business. We believe the Company
is now positioned for accelerating revenue growth and consequently requires
changes in management to achieve such critical mass. Given Mr. Cummings'
remarkable track record spearheading a successful communications company
during his career, we could not have chosen a more capable individual."
Incoming Remote Surveillance Technologies' CEO Michael Cummings added,
"This is a rare opportunity to join a highly seasoned professional team
with a business that is poised to expand very rapidly. I intend to apply
the knowledge that I have gained from my past experiences growing
communications businesses, to achieve yet another success with Remote
Surveillance Technologies."
Dr. Laurence H. Harper commented, "I am very proud of our accomplishments
over the past two years. As the Company's President, I will continue to
offer my assistance to Michael and the rest of the RST team. We have always
acted in the best interest our shareholders, and bringing in an operator
who has the experience to guide us through a period of expected rapid
growth, is certainly a testament to that. I am looking forward to a bright
future for our Company."
Mr. Cummings was also appointed a member of the Company's Board of
Directors in the position of Chairman.
Mr. Cummings has extensive experience in start-ups, as well as managing and
operating a geographically diverse multi-location business, which is
important in light of Remote Surveillance Technologies long term growth
strategy. From April 1997 until March 2005, Mr. Cummings founded and served
as Chief Executive Officer/ President of a publicly traded company in the
Communications industry, with offices operating in 5 states. Under his
leadership, the corporation acquired and consolidated numerous portfolios
along the West Coast. Mr. Cummings was responsible for implementing a
strategic direction involving acquisitions, business integration and sales
development while managing overall operations for the company.
Prior to founding the publicly traded company, Mr. Cummings was Vice
President of Sales and Marketing for what was then the fastest growing
communication company in California. There, his areas of expertise included
business development (locally and nationally), sales management, sales
processes, sales training, customer retention, and marketing initiatives.
During Mr. Cummings tenure, sales revenues increased 35% and gross profits
increased by 5%. Mr. Cummings also attended Golden West College for
Business Law. His interests include coaching Little League Baseball for the
past 15 years, traveling and spending time with his wife of ten years and
their three boys.
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About Remote Surveillance Technologies
Remote Surveillance Technologies is a full-service electronic security
systems integrator and remote surveillance monitoring company. RST
provides security analysis, systems design, equipment purchase,
installation, and integration for off-site video monitoring. RST revenue is
generated from both recurring video monitoring fees and systems
installations. The monitoring advantages offered by RST to its clients
include: the elimination of false alarms; incident verification at physical
plant and with corporate vehicles; immediate notification to law
enforcement; description and physical location of perpetrator(s) to law
enforcement during the crime; immediate voice interaction with
perpetrator(s); 24/7 on-site digital image recording and storage; redundant
recording of events at monitoring station to preserve evidence, alarm
indicator points for ease of reviewing incidents; and the significant
lowering of the clients' security costs by reducing or eliminating on-site
guard personnel.
The Company spent most of 2006, its initial year of business operations,
developing the Company's infrastructure, building the 24/7 monitoring
facility and soliciting contracts and accounts. Clients of the Company
currently include: SC Fuels, Cajon Valley School District, Charriol Geneve
Jewelers, Southland Transit and two very large high-tech companies in
Southern California.
FORWARD-LOOKING STATEMENT: This press release contains forward-looking
statements, including expected industry patterns and other financial and
business results that involve known and unknown risks, uncertainties and
other factors that may cause our actual results, levels of activity,
performance or achievements to differ materially from results expressed or
implied by this press release. Such risk factors include, among others: the
sustainability of recent growth rates in the Security and Surveillance
industry; the positioning of RST in the market; ability to integrate
acquired companies and technology; ability to retain key employees; ability
to successfully combine product offerings and customer acceptance of
combined products; general market conditions, fluctuations in currency
exchange rates, changes to operating systems and product strategy by
vendors of operating systems; and whether RST can successfully gain market
acceptance. Actual results may differ materially from those contained in
the forward-looking statements in this press release.
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