DALLAS, Jan. 27, 2005 (PRIMEZONE) -- TalkingStocks.com has issued an updated Profile Report following its initial November 30th report on the firm. In this report, Investment Analyst Shailesh Dhuri, CFA, outlines Global ePoint's (Nasdaq:GEPT) recent product launch of the Perpetual Digital video-based surveillance system. In the report, Mr. Dhuri writes, "The recent news releases from the Company are indicating that all divisions are establishing technical leadership in their markets, receiving new orders and gaining increased overall market acceptance of their new products ... The opportunity for cross-selling, and technology transfer exists among the subsidiaries."
He later adds, "Global ePoint's Digital Division has continued to experience positive market response to its latest offering for the homeland security market, an integrated computer and video-based system for mobile video surveillance. Many police departments around the country are currently conducting pilot tests on the system and the initial reports are encouraging. This new product line provides cutting-edge, next-generation video surveillance capabilities for police and other public safety agencies. The systems, which can be installed in police cruisers and other vehicles, record and store high-quality and secure digital video recordings of police activities and incidents."
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http://www.talkingstocks.com/reports/GEPT_012705.php
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About Global ePoint, Inc.:
Global ePoint's growth catalyst, through its wholly-owned subsidiaries, is the design, manufacturing, sales and distribution of digital video surveillance systems for the law enforcement, military, aviation and homeland security markets. On the cutting edge of digital technology and seeking to expand its product line, 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. As a solid recurring revenue stream, 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.
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Cautionary Statement
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the company's current expectations, estimates and projections, management's beliefs and numerous assumptions, all of which are subject to change. These forward-looking statements are not guarantees of future results and are subject to numerous risks and uncertainties. Our actual results could differ materially and adversely from those expressed in any forward-looking statement. For example, deliveries may be delayed or installations canceled. Regulations may change and negatively affect demand for our products. There can be no assurance that the company's subsidiaries and/or divisions will be able to achieve growth of sales or market share. The forward-looking statements in this release speak only as of the date of this release. We undertake no obligation to revise or update publicly any forward-looking statement for any reason. These and other risk factors are detailed in our periodic filings with the Securities and Exchange Commission.
Disclosure: As of the date of this release, TalkingStocks.com, LLC, and its affiliate Pentony Enterprises, LLC (StockGuru.com), have been compensated $7,000 by Global ePoint, Inc. Neither TalkingStocks.com, LLC, nor Pentony Enterprises, LLC, are registered investment advisers or broker/dealers. TalkingStocks.com, LLC and Pentony Enterprises, LLC makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable.