TMCnet News
COPsync Provides Metrics Regarding Network Size and ScopeDALLAS, Dec. 5, 2016 /PRNewswire/ -- COPsync, Inc. (NASDAQ: COYN) reports metrics regarding the scope of its interoperability network and the COPsync911™ threat-alert system. The COPsync Network™ is an advanced communication and information sharing system that protects citizens from violence and domestic terrorism. Community and officer security is increased with advance warnings of dangerous people, real-time notification of crimes in progress, and the COPsync911™ threat-alert system to safeguard schools and keep America's children safer and protect other high-risk targets such as courthouses, government buildings and energy infrastructure. COPsync's systems can save minutes when seconds count, save lives and protect citizens and communities. Key metrics include:
The Company has adopted a new sales strategy to accelerate its sales bookings and the Company's growth. The new sales strategy involves collaborating with law enforcement and school industry subject matter experts and influencers, both in government and private industry, whose assistance is expected to accelerate the sales cycle and shorten it from years to months. The Company has hired a number of new sales staff to support its continuing efforts to expand its customer footprint across the U.S. and in its home state of Texas. Direct and indirect sales efforts are planned to be directed to states adjacent to Texas and other key states and regions, including Florida, California, New England, New Jersey, the Midwest, and the mid-Atlantic states. Private schools, particularly those in the Northeast, will be targeted for the Company's COPsync911 threat-alert systems in addition to public schools, courthouses, government buildings and energy infrastructure facilities. "We continue to methodically expand the Company's customer footprint here in Texas with the objective of ultimately 'tipping' the State of Texas and thereby becoming the national standard for law enforcement real-time informaton sharing and communication," stated Ronald A. Woessner, CEO of COPsync. "Further, we are confident that we can duplicate our market penetration success in Texas across the country and someday create a single nationwide network connecting law enforcement as well as protect at-risk facilities throughout the United States. In doing so, we believe this will create a significant, high margin, recurring revenue stream for our Company for years to come. The Company exceeded the $2 million mark in sales bookings in Q3 2016, and we have a strong sales pipeline for the remainder of the year. We expect this forward momentum to continue into 2017 and increase value for all of the Company stakeholders." About COPsync, Inc. COPsync, Inc. (NASDAQ: COYN) is a technology company that connects law enforcement officers across the nation, so they can communicate and share mission-critical information in real-time. This saves officers' lives and keeps the public safer; helps law enforcement officers catch common criminals and stop child kidnappings, vehicle thefts, bank robberies and other crimes in progress, and arms the nation's law enforcement officers with needed information so they can help defend against terrorism. For more information, go to www.copsync.com. Safe Harbor Statement Statements in this press release that are not purely historical facts or that depend upon future events, including statements about forecasts of earnings, revenue, product development, sales, proposed financing transactions or other statements about anticipations, beliefs, expectations, intentions, plans or strategies for the future, may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. For example, statements containing words like "expect," "anticipate," "potential," "expects," "believe," "confident," "estimated," "future," "plan," "planning," "projected," "strategy," "pursuing," "objective" and other similar terms, express management's current views concerning future events, trends, contingencies or results, which may be considered forward-looking statements. Specifically, the statements "The Company has adopted a new sales strategy to accelerate its sales bookings and the Company's growth"; "The new sales strategy involves collaborating with law enforcement and school industry subject matter experts and influencers, both in government and private industry, whose assistance is expected to accelerate the sales cycle and shorten it from years to months"; "Direct and indirect sales efforts are planned to be directed to states adjacent to Texas and other key states and regions, including Florida, California, New England, New Jersey, the Midwest, and the mid-Atlantic states"; "Private schools, particularly those in the Northeast, will be targeted for the Company's COPsync911 threat-alert systems in addition to public schools, courthouses, government buildings and energy infrastructure facilities"; "We continue to methodically expand the Company's customer footprint here in Texas with the objective of ultimately 'tipping' the State of Texas and thereby becoming the national standard for law enforcement real-time information sharing and communication"; "Further, we are confident that we can duplicate our market penetration success in Texas across the country and someday create a single nationwide network connecting law enforcement as well as protect at-risk facilities throughout the United States"; "...we believe this will create a significant, high margin, recurring revenue stream for our Company for years to come"; "we have a strong sales pipeline for the remainder of the year"; and "We expect this forward momentum to continue into 2017 and increase value for all of the Company stakeholders." These statements are highly dependent on the Company's success in executing its new sales strategy in Texas and other states. All forward-looking statements are based on information available to the Company on the date this release was issued. The Company undertakes no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Any forward-looking statements involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, including risks or uncertainties related to the Company's ability to succeed in its sales strategy, raise sufficient capital, maintain its NASDAQ listing or succeed in its business strategy, which may adversely affect the Company's business and the value of an investment in the Company's stock. The Company may not succeed in adequately addressing and managing these and other risks. Further information regarding factors that could affect the Company's financial, operating and other results can be found in the risk factors section of the Company's Annual Report on Form 10-K for the year ended December 31, 2015, filed with the Securities and Exchange Commission. Contact: Investor Relations For COPsync: Media:  Logo - http://photos.prnewswire.com/prnh/20160404/351438LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/copsync-provides-metrics-regarding-network-size-and-scope-300372734.html SOURCE COPsync, Inc. 
|