View Systems, Inc. Establishes Europe Division in the Netherlands to Service Growing Network of Resellers and Customers

Business Wire, Nov 3, 2000

Business Editors/Hi-Tech Writers

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Nov. 3, 2000

View Systems, Inc. (OTCBB:VYST), a developer, marketer, and seller of a digital video systems for the security and surveillance industries, announced today that it has established a central European division in the Netherlands.

The international division of View Systems, Inc. headed by Dr. Alexander Orlando, created View Systems Europe in response to increasing market demand, specifically from European resellers and institutional customers.

The management team of View Systems Europe consists of four individuals (formerly GRASP), all with senior management backgrounds at international firms such as Westinghouse and Samsung. Leading the team is Ton Van Der Aar - Director of View Systems Europe, who will report directly to Dr. Alexander Orlando, Director of View Systems, Inc. - International Division.

This team with a background in the Security Industry and extensive experience in the European market has set up highly successful dealer networks and programs throughout Europe. In addition the team houses expertise in marketing, product and technical management, as well as administrative and legal expertise.

Commenting on this development, Gunther Than, President and CEO of View Systems, Inc., stated, "We are excited by the growing demand for our products and services in Europe and are pleased to welcome Mr. Van Der Aar and his experienced team to the View Systems family. By establishing this division, we will be able to better service our growing network of European resellers and customers, which should create increased sales for the Company and value for our shareholders."

About View Systems

View Systems designs, markets and sells a family of CCTV digital recording and video management products and digital identification products based on the Company's proprietary software. The Company uses an open architecture design approach that allows compatibility with commercially available computer and video hardware and software.

The Company's manufacturing division, Eastern Tech Manufacturing Corp., also offers contract electronic component assembly and test services. For more information and to obtain a copy of the Company's recent prospectus filed with the SEC, go to www.viewsystems.com.

Statements in this news release that relate to future plans, financial results or projections, events or performance are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

These forward-looking statements include assumptions, beliefs and opinions relating to the company's business and growth strategy based upon management's interpretation and analysis of its own contractual and legal rights, of management's ability to satisfy industry and customer needs with its technologies, of industry trends, and of management's ability to successfully develop, implement, market and/or sell its products and services.

Actual results or events could differ materially from those anticipated in the forward-looking statements due to a variety of factors set out above, including, without limitation, acceptance by customers of the company's products, changing technology, competition in the security industry, the company's limited operating history, general economic conditions, availability of capital and other factors described fully in the company's Form 10-KSB and SB-2A filed with the Securities and Exchange Commission.

Copies of the most recent 10-KSB-2A are available from the SEC or at www.viewsystems.com.