Global ePoint, Inc. (Nasdaq: GEPT), a leading manufacturer of surveillance security technologies, announced today that the Golden Nugget Casino in Laughlin, Nevada has selected the newest MPEG4 compression technology offered by Tops Digital Security. Tops is Global ePoint's wholly owned enterprise video surveillance subsidiary. The casino is adding to its existing digital video recording (DVR) system purchased from Tops two years ago. Tops' new compression technology provides a higher quality resolution but with smaller file sizes, thus reducing the need for larger bandwidth to transfer data.
Tops Executive Vice President Allen Yung commented: "Our new compression technology provides twice as much data storage while using the same size hard drives as in previous models. This innovative feature enables our existing customers to benefit from upgrades and add our cutting edge technology as budgets permit, without having to replace existing systems. In addition, our software upgrade program is ongoing as new technologies are constantly being developed in Tops' three R&D locations. Our customers always have the option to upgrade to the latest technology available."
Tops is a total solutions provider of large enterprise video surveillance systems that are designed primarily for high quality video capture and central monitoring in the high-end commercial, industrial and government electronic security markets. Products offer the highest level available of video recording capability, along with the front-end surveillance cameras, fiber optic cabling, and the command center application to network and control hundreds of cameras in high-security level projects. For more information, please see http://www.topsdigitalsecurity.com.
About Global ePoint
Global ePoint designs, manufactures, sells and distributes digital video surveillance systems for the law enforcement, military, aviation and homeland security markets. On the cutting edge of digital technology, Global ePoint is developing new compression technologies and next-generation, secure network digital video systems and servers for a wide range of new markets, concentrating primarily on security and homeland defense applications. The Company also manufactures customized computing systems for industrial, business and consumer markets, as well as other specialized electronic products and systems. Complete vertical integration -- from design and manufacturing to sales and distribution -- allows the Company to capture efficiencies and maintain cost advantages in these growing markets, particularly homeland security. For more information, please visit http://www.globalepoint.com.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, whether the Company gains traction in surveillance markets and whether its markets will become growth catalysts for Global ePoint. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include, but are not limited to, Global ePoint's success in capturing market share in these markets. For a discussion of these and other factors that may cause actual events or results to differ from those projected, please refer to the Company's most recent annual report on Form 10-KSB and quarterly reports on Form 10-QSB, as well as other subsequent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims any obligation, to update or revise such statements to reflect new circumstances or unanticipated events as they occur.
Contact:
Global ePoint, Inc.
John Price, 909-839-1700
jprice@globalepoint.com
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