Coral Springs, Florida, December 12, 2013 /PRNewswire/ --
Market updates for tech leaders making progressive product developments: DirectView Holdings, Inc. (OTCQB: DIRV), Tyco International Ltd. (NYSE: TYC), The ADT Corporation (NYSE: ADT), Kratos Defense & Security Systems, Inc. (NASDAQ: KTOS) and Scripps Networks Interactive, Inc. (NYSE: SNI)
DirectView Holdings, Inc. (OTCQB: DIRV), a company focused on ownership and management of leading video and security technology companies, today announced that it is in late stage development of a encrypted, customizable video security streaming platform ("VSS Platform"). The VSS Platform provides a comprehensive, multi-user remote monitoring solution for use in numerous business applications. The VSS Platform is a cost effective solution designed to allow for full encryption and management of user access across any fixed or mobile device while meeting corporate needs for secure recorded surveillance. DIRV intends to initially target its marketing efforts toward educational institutions, daycare facilities, airports / heliports and religious organizations.
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The company has entered into various stages of negotiations with several potential customers to deploy the VSS Platform upon completion of software development that is anticipated to take place early in the first quarter of 2014.
Tyco International Ltd. (NYSE: TYC) has declared a quarterly dividend of $0.16 per share, payable on February 19, 2014 to shareholders of record at the close of business on January 24, 2014. As previously announced, the Board of Directors approved an annual dividend increase of 13% from $0.64 to $0.72 per share, subject to shareholder approval at the annual general meeting of shareholders in March of 2014.
The ADT Corporation (NYSE: ADT) recently announced it is teaming up with State Farm to help its customers better manage and control their homes. ADT will provide special offers on its ADT Pulse® home security and automation solution to State Farm customers, who may also qualify for home insurance discounts. The special offer also includes a free in-home security consultation, 24/7 professional monitoring by trained ADT security specialists and custom installation with a six-month money-back guarantee. In addition to enhanced security features, ADT Pulse's remote access capabilities allow State Farm customers to view real time video of their premises; manage their energy consumption by controlling thermostats, small appliances and lights; and receive notifications and alerts via phone, email or text.
Kratos Defense & Security Systems, Inc. (NASDAQ: KTOS) a leading National Security Solutions provider, recently announced that its Electronic Products (EP) Division has recently received approximately $1.4 million in electronic warfare simulation and related product orders. Kratos' EP Division is a premier provider of Radar Threat and Electronic Counter Measure Simulation systems and solutions. Due to customer related and other considerations, no additional information will be provided related to these recent contract awards. Rich Poirier, President of Kratos' EP Division, said, "Kratos is recognized globally as a leader in Electronic Warfare Simulation and Test products and solutions, and we are proud to have received these additional contract awards supporting next generation Electronic Warfare systems."
Scripps Networks Interactive, Inc. (NYSE: SNI) develops lifestyle-oriented content for television and the Internet markets in the United States and internationally. It delivers entertaining and useful content that focuses on specifically defined topics of interest for audiences and advertisers. The company operates national television networks, such as Food Network, Home and Garden Television (HGTV), Travel Channel, DIY Network (DIY), Cooking Channel, and Great American Country (GAC); and Websites, including FoodNetwork.com, HGTV.com, TravelChannel.com, DIYNetwork.com, CookingChanneltv.com, and GACTV.com that are associated with the television networks and other Internet-based businesses serving food, home, and travel related categories. It also licenses its content to third parties, as well as brands for consumer products, such as videos, books, kitchenware, and tools. SNI closed up 7.64% on Wednesday on over 7.6 million shares traded.
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