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Net Element, Inc. (NETE) Omni-Channel PaaS Platform Versatility Demonstrated by Expanding Emerging Market SME & Consumer Footprint

The rapid proliferation of mobile devices around the world, for which Gartner recently projected 2.8 percent growth this year to over 2.5 billion units being shipped worldwide, has been a major contributing factor to the ongoing state of flux within the payments industry. The fact that active mobile phone accounts now outnumber credit and debit card accounts by over 460 percent, totaling some 7.3 billion (according to information from credit card processer First Data and the International Telecommunications Union), means that for SMEs in particular, the ability to surmount logistical challenges and provide consumers with access to mobile credit and currency will be a major factor in determining their growth potential.

A recent forecast by MarketsandMarkets indicates that the $12.34 billion mobile money market is on track to grow at an impressive 44.6 percent CAGR through 2019, hitting upwards of $78 billion on the strength of continued development in the Asia-Pacific region, as well as Russia, the Middle East, and Africa. However, these regions present persistent cross-border regulatory challenges and complexities related to the nature of emerging markets, complexities like language differences which are increasingly expressed within developed nations like the U.S. and EU as well due to the constantly changing face of the resident populations, as people stream in from countries all over the world.

These underlying market dynamics, which may seem daunting to some in the payments and financial services industry, are bread and butter for an omni-channel PaaS (payments-as-a-service) tech provider like Net Element (NASDAQ: NETE), which already has over 1 million recurring mobile payment subscribers. Through the company’s global mobile payments and transactional processing subsidiary, TOT Group, Inc., Net Element possesses an enviable capacity to on-board businesses and consumers alike through a single interface. This capacity to offer a universalized, highly secure and yet extremely simple means for purchases to be made without a credit card or a bank account has given the company a strong footing in emerging markets such as the Russian Federation.

The recent move to acquire major Russian Federation payment processor PayOnline – which has around 10 million active consumers and also provides payment solutions to thousands of merchants throughout the Russian Federation, as well as in Europe and Asia – is a major milestone for NETE that has further cemented the company’s established presence in these regions. PayOnline recently dropped an SDK for iOS that allows for easy integration of PayOnline transaction processing into iPad and iPhone apps, further opening up the market of over 390 million mobile users in Russia alone, and with one of Russia’s top six airlines, Ural Airlines, being one of the first iOS app clients, NETE already has the ball rolling fast.

A 3-year contract to process transactions for Social Discovery Ventures’ online dating and social networks – including AnastasiaDate, AmoLatina and AsianDate, which have over 4 million registered users and over 150 million visitors each year – is another big win right out of the gate for NETE when it comes to the PayOnline acquisition. This one deal on its own opens up a revenue stream of some $1.2 million over the life of the contract and offers a minimum processing commitment of $300 million.

Leaping over varied banking, demographic and regulatory hurdles, NETE pursues a dynamic vision of leveraging technology to empower consumers, as well as SMEs, when it comes to handling billing and payment acceptance, whether it is via ecommerce and mcommerce pathways, or through traditional card-present transactions. TOT Money’s extensive integration and relationships with mobile operators throughout the Russian Federation region, enhanced by the PayOnline acquisition, which is rapidly being dovetailed into NETE’s existing operational footprint, brings comprehensive mobile payment processing services to this vast and growing mobile market, where PayOnline already sees nearly 20 percent of all online payments being processed via mobile.

Given that this 20 percent figure represents a 157 percent uptick year over year and that over half of all such payments processed were iOS-driven, the company is extremely confident of its ability to garner continued market share regionally and to expand its presence further into neighboring regions. To wit, NETE has launched its payment processing business in Kazakhstan via an agreement with the country’s largest bank, Kazkommertsbank, and secured a key contract with the second biggest online merchant in the country, Kassir.com, which also happens to be Kazakhstan’s number one online events ticketing website.

Take a closer look by visiting www.netelement.com

Noble Books Club Med for 12th Annual Investor Conference in January 2016

For the third consecutive year Noble Financial is literally taking over all of Club Med’s palmy 220 acres in Florida to host the Noble 12th Annual Investor Conference, NobleCon.

NobleCon will take place in Sandpiper Bay, Florida, January 17-20, 2016, and will feature 150 presenting companies, 350 qualified investors and 1,200 scheduled meetings.

This “destination” investor conference offers a relatively remote location to allow for ultimate networking opportunities, formal presentations, one-on-one scheduled meetings, lunch/dinner assigned seating, cocktail receptions, panel presentations, educational workshops and evening networking events.

For public and private companies, the conference provides corporate executives a platform to tell their story and meet with investors, Noble analysts, investment bankers and more. But it doesn’t end when the sun goes down. Evening programs and entertainment are specifically designed to stimulate further dialogue.

Attending investors, equity analysts, high net worth individuals, portfolio managers, investment clubs and other attendees will gain valuable investment ideas and unparalleled access to corporate executive teams.

Noble has also lined up an impressive slate of speakers for the 2016 event:

• Dr. Arthur Agatston, author of The South Beach Diet
• James Allen, chairman, president and CEO of Hard Rock International
• Bob Baur, chief global economist, principal global investments
• Richard Blumenthal, senior U.S. senator, Connecticut
• Clyde Harrison, partner of Carl Icahn
• Larry King, radio and television personality
• Robert Pittman, chairman and CEO of iHeartMedia
• Brian Mulroney, 18th prime minister of Canada
• Betty Liu, news anchor, Bloomberg Television
• Mark Gordon, president and CEO of Odyssey Marine Exploration
• Richard Petty, renowned NASCAR race car driver
• Peter Shutz, CEO of Porsche Worldwide

For more information visit www.nobleconference.com

Nyxio Technologies Corp. (NYXO) Building Shareholder Value through Commercialization of Innovative Technology Products

Nyxio Technologies delivers high quality, cutting-edge products to the consumer electronics industry. Since being founded in 2007, the company has grown in its target markets through a relentless dedication to innovation and staying ahead of the technology curve. Nyxio’s flagship product, the VioSphere Genius TV, demonstrates this commitment to innovation, as it was the first fully-integrated flat screen TV and full PC available on the market, and it was released three full years before the consensus determined the overall marketability of the smart TV and related products. By consistently consolidating key hardware components into efficient electronic devices, the company ensures a reasonably priced product line that gives it a strong strategic position within the competitive electronics market.

In recent months, Nyxio has shifted its focus toward mobile solutions through the continued development of its Play Gig-it mobile app. Play Gig-it, which the company acquired last year through the purchase of 212 Decibel, is a groundbreaking gaming app designed to blur the lines between gaming, the music industry, merchandizing and revenue opportunities. Nyxio plans to utilize influencer marketing in order to advertise the app in the future. In April, the company announced a partnership with TopFan, the world’s largest sports and entertainment mobile app developer, which gives Nyxio access to 279 influencers, as well as a whopping 750 million active users.

“Coming from a marketing standpoint, this is a more than substantial place for the company to be, especially in regard to how advertisers can reach celebrities and influence the general masses by associating themselves with a product,” Lorien Sekora, director of marketing at Nyxio, stated in a news release. “As a company, we now have the ability to market to advertisers on an unusually broad scale.”

By establishing a presence in the rapidly expanding mobile app market, Nyxio could be in a strong position to promote financial growth in the months to come, and the company’s marketing strategy could be a powerful catalyst to initializing this development. According a report by Forbes, marketing-inspired word-of-mouth, such as Nyxio’s influencer model, generates more than twice the sales of paid advertising. Additionally, customers attracted with these methods have a 37 percent higher retention rate than those from traditional channels.

For prospective investors, Nyxio’s commitment to innovation within the technology industry makes the company an intriguing investment opportunity moving forward. Look for Nyxio to leverage the marketability of its recent acquisition in order to build upon the market success it’s achieved with its innovative product line.

For more information, visit www.nyxio.com

Saleen Automotive, Inc. (SLNN) Combining Style and Performance to Expand Presence in Automotive Industry

Saleen Automotive, Inc. (SLNN) Combining Style and Performance to Expand Presence in Automotive Industry

Saleen Automotive is a specialty manufacturer of high performance vehicles, technical performance parts, lifestyle accessories and apparel. By continually setting the bar for automotive design and performance engineering in both street and racing applications, the company has established a presence among the top specialty automotive brands in the world. Saleen currently manufactures a collection of innovative vehicles based on some of the country’s most popular automobile models – including the Ford Mustang, Chevrolet Camaro and Dodge Challenger.

Since its initial release in 1984, Saleen’s performance-based take on the Ford Mustang has been among the company’s most successful and recognizable offerings. In February, Saleen built upon this tradition by shipping the first version of its all-new 302 Mustang. A month later, the company unveiled the 2015 Saleen S302 Black Label, which is hailed as the most powerful production Mustang ever produced. Through the release of these models, Saleen will look to capitalize on what’s expected to be a strong year for the automotive industry, according to Bloomberg.

“These are the best Mustangs I have ever built,” Steve Saleen, chief executive officer of Saleen, stated in a news release. “We are in for a thrill ride as this car will take us to levels we have never seen before.”

In recent months, Saleen has shown versatility in meeting the evolving demands of the automotive industry by entering the electric vehicle market. The company’s all-electric FOURSIXTEEN is based on the Model S by Tesla Motors (NASDAQ: TSLA). With this model, Saleen combines the industry-leading mileage efficiency of Tesla’s original design with an array of features that make the vehicle faster, more stylish and more comfortable for both driver and passengers.

“By dramatically improving the aerodynamics, suspension, braking and drive train we are able to create a car that accelerates quicker with vastly improved handling,” continued Saleen. “It is truly exceptional.”

Last month, the company made significant progress toward improving its financial results when it expanded an existing marketing and distribution agreement with GreenTech Automotive, Inc. to include intellectual property licensing rights. Through this partnership, Saleen will look to introduce its brand and product distribution into the thriving Asian market, providing a channel for potentially massive sales growth moving forward. According to JD Power, China’s automotive market is currently the largest in the world, with more than 19.7 million new cars sold in 2014.

For prospective shareholders, Saleen could represent a rewarding investment opportunity in the months to come. Look for the company to continue leveraging its reputation for style and performance in order to promote strong sales figures in the future.

For more information, visit www.saleenautomotive.com

Curis, Inc. (CRIS) Developing Pipeline of Innovative Treatment Options Addressing Human Cancers

Curis is a biotechnology company focused on the development and commercialization of innovative drug candidates for the treatment of human cancers. The company’s leading product candidate, CUDC-907, is currently in phase I clinical trials for the treatment of lymphoma and multiple myeloma, as well as solid tumors. Additionally, the company’s product pipeline includes CUDC-427, which is being studied for the treatment of solid tumors and lymphomas, and CUDC-305 for the treatment of cancers.

The company’s most advanced drug, Erivedge®, was developed in collaboration with Genentech, Inc. and is currently approved for use in patients with advanced basal cell carcinoma (BCC) in the United States, the European Union, Australia and a collection of other countries. The potential market for Erivedge is extensive. According to a report by the Skin Cancer Foundation, an estimated 2.8 million patients in the U.S. are diagnosed with BCC annually, making it the most common form of skin cancer. In the first quarter of 2015, Curis recorded $1.7 million in royalty revenues from global sales of the product, representing a 30 percent year-over-year improvement.

In recent months, Curis has made significant progress toward the continued expansion of its promising product pipeline. In January, the company entered into an exclusive collaboration agreement with Aurigene Discovery Technologies Limited focused on the discovery, development and commercialization of small molecule immuno-oncology therapeutics. In the months to come, Curis will have the option to exercise exclusive licensing rights on a selection of drug candidates already in clinical development, providing a platform for strong financial growth.

With an established and growing presence in the immuno-oncology treatment industry, Curis has access to near limitless market potential moving forward. According to investment bank Leerink Swann, the immuno-oncology market is expected to reach a value of approximately $29 billion within the next decade, potentially revolutionizing the treatment options for a wide variety of cancer types along the way.

For prospective investors, Curis’s recent clinical progress could foreshadow an opportunity for improved returns in the coming years. Look for the company to leverage the expanding demand for innovative immuno-oncology treatment options in order to promote continued market growth in the future.

For more information, visit www.curis.com

ENGlobal Corp. (ENG) Strategically Positioned to Capitalize on Construction Industry Growth despite Slumping Energy Commodity Prices

According to a report by Dodge Data & Analytics, a leading provider of North American construction data, the domestic construction industry is expected to expand by nine percent in 2015, building upon the five percent growth achieved last year. For ENGlobal Corp. (NASDAQ: ENG), this forecast industry performance could provide a platform for improved results through the company’s award-winning engineering and construction division.

ENGlobal’s engineering and construction group delivers a range of innovative, cost-effective automation, instrumentation and specialty construction projects to customers around the planet, particularly in energy market sectors. By offering everything from feasibility studies and conceptual design to turnkey project responsibility, the company has built a formidable presence in the engineering, procurement and construction management (EPCM) market for more than a quarter of a century. With a global reputation for state-of-the-art plant automation systems, ENGlobal has become a mainstay on some of the engineering industry’s most prestigious lists, including Engineering News Record magazine’s ‘Top 500 Engineering Design Firms’, which has listed the company annually for more than a decade.

In recent months, the company has been impacted by the downturn in energy commodity prices, which has affected many of its early 2015 orders. Despite this market turbulence, ENGlobal has remained well-positioned for future expansion by refining its operational focus toward projects with low levels of risk. As of the release of its first quarter results, the company reported a healthy cash balance of more than $24 million, providing the flexibility needed to weather the current market slowdown.

“While there is always room for improvement, I believe we are in a strong financial position and poised for future growth,” Mark Hess, chief financial officer of ENGlobal, stated in a news release. “We have pared the company down to a smaller, more focused operation and reduced the risk profile of the projects we are undertaking… These and other actions have allowed the company to remain profitable, with positive cash flow during this downturn.”

For prospective shareholders, ENGlobal’s versatility in the face of less than ideal market conditions demonstrates the valuable industry experience of its management team and makes the company an intriguing investment opportunity moving forward. Look for ENGlobal to lean on its proven track record of innovative EPCM solutions in order to promote continued industry growth in the months to come.

For more information, visit www.englobal.com

Well Power Inc. (WPWR) – Focused on Monetizing Huge Untapped Energy Source

Houston-based energy technologies company Well Power is focused on the application of a valuable new energy technology for the U.S. oil industry. The technology, called Micro Refinery Units (MRU), was developed by ME Resource Corp., a publicly listed Canadian resource company targeting the acquisition, exploration, and development of oil and gas resource properties in Canada and Internationally. ME Resource has granted Well Power the licensing rights to Texas, along with the first right of refusal for the other U.S. states, to this new technology.

The MRU technology is all about the processing of waste natural gas, a byproduct of oil production that usually ends up being wastefully vented, flared, or stranded. Global gas flaring, the burning off of this excess gas, represents not only a huge energy waste, but also an environmental issue. Gas flaring amounts to roughly 150 billion cubic meters each year, resulting in 400 million metric tons of carbon dioxide equivalent greenhouse gas emissions. To get an idea of the significance, and potential, of gas flaring, consider the fact that global gas flaring represents approximately 30% of the total annual gas requirements of the entire European Union.

Well Power’s licensed MRU technology provides a unique way of taking this waste natural gas and converting it into Green FuelTM and clean power, with a solution that is mobile, high-yield, and economical to deploy. The MRU system combines proven commercial technologies together with a proprietary micro-reactor for hydrocarbon processing and catalytic reactions.

Over and above its obvious value in converting a pollution source into clean power and engineered fuels, including no-sulphur diesel and diluents, the MRU solution is flexible, scalable, modular, efficient, and easily custom configured. The proprietary technology is mobile and can be deployed with minimum capital expenditure.

Well Power’s license allows the company to provide the technology with full-service engineering, design, construction, modular fabrication, maintenance, and construction management services to clients in the upstream areas of exploration and production. Well Power can also provide consulting services, process assessments, facility appraisals, feasibility studies, technology evaluations, project finance structuring and support, and multi-client subscription services.

For additional information on the technology, see a recent write-up in Oil & Gas Network, at http://issuu.com/oilgasnetwork/docs/ogn_june_2015l

For more information on the company, visit www.wellpowerinc.com

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Wisdom Homes of America, Inc. (WOFA) is “One to Watch”

Wisdom Homes of America, Inc. opens and operates manufactured home retail centers and is expanding into land/home packages. WOFA’s revenue-generating growth model calls for expansion in the retail sector through the addition of related services and the opening of new retail centers in Texas, which sells 3x more manufactured homes than any other state. Revenue related services includes selling land/home packages, providing mortgage origination products and insurance services to homebuyers.

Push aside any stigma you have with mobile homes of the past; WOFA’s manufactured homes are systematically engineered and designed with cutting-edge, computerized technology to deliver a superior level of exceptional quality, structure and affordability. Featuring wrap-around porches, vaulted ceilings, wood floors, rock fireplaces and 1,800-2,500-square foot floor plans, today’s manufactured homes are second-to-none.

Another consumer appeal is cost; buying a new, aesthetically pleasing manufactured home is often less expensive than conventional housing. In fact, cost savings are up to 60% less per square foot than conventional site-built homes. While homebuyers can choose from many of WOFA’s pre-existing floor plans, they can also customize the layout of their new home to fit their lifestyle and budget. Manufactured homes are customizable in arguably more ways than stick built homes. Additionally, each home meets strict HUD standards before it is ever shipped.

The manufactured housing industry is growing. In 2014 the sales of new manufactured homes exceeded $4.1 billion up from $3.8 billion in 2013. And that number is estimated to reach $4.5 billion in 2015. The industry growth is driven by demand for quality, affordable housing. WOFA also sees an adjacent market opportunity of approximately $10 billion annually in real estate acquisition, site preparations, ancillary services, and lending and lease communities for the manufactured housing industry that requires financing capital. By offering a superior product and adding new retail center locations throughout the State of Texas, WOFA is well-positioned to capture its share of the rapidly growing manufactured home market.

Take a closer look by visiting www.wisdomhomesofamerica.com

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DigiPath, Inc. (DIGP) is “One to Watch”

Comprehensive Cannabis Lab Testing A Highly Profitable, Low Risk Segment Of Burgeoning National Industry

With recreational marijuana legalization ballot initiatives set for 2016 in Arizona, California and Nevada, the $2.7 billion plus U.S. cannabis sector appears to really be heating up. Leading resource for cannabusiness entrepreneurs and a major go-to source for real-time data on the sector, ArcView Market Research, recently projected a 300 percent uptick nationwide to some $10.8 billion over the next four years for the industry, which already spiked 74 percent between 2013 and 2014. This projection by ArcView seems quite reasonable given the rate at which other states are hungrily moving to access the substantial tax revenues currently enjoyed by Colorado, as well as Washington, which did roughly $250 million in sales over the last year, netting a 72 percent higher excise tax take ($62 million) than initially projected.

One of the most attractive plays in this burgeoning sector is the de-risked lab testing segment, where companies like DigiPath Inc. (OTCQB: DIGP) represent a solution to the ongoing problem of cannabis products not only routinely misrepresenting the levels of THC content they contain, but also containing unsafe levels of carcinogenic pesticides and solvents, as well as heavy metals, insects, microbes, mold-generated mycotoxins and other contaminants. This segment is not forced to contend with the myriad cultivation, product quality and consumer marketing issues faced by companies on the medicinal and recreational consumption end of the business, which is populated by growers, equipment providers and formulators such as Abattis Bioceuticals (OTC: ATTBF), as well as MIP (marijuana-infused product) developers focused on edibles, such as Nutritional High International (OTC: SPLIF).

The Skills To Pay The Bills

There are currently only a handful of publicly traded entrants into this vitally important segment of the cannabis market, such as CannLabs (OTC: CANL) and Pazoo (OTC: PZOO), which provide the crucial testing and verification services cannabis product producers and dispensaries need to satisfy state-mandated requirements. A report out in June this year from GreenWave Advisors indicates that only those lab businesses with the most comprehensive testing capabilities, as well as the logistical acuity to expand geographically, will offer investors the best opportunity.

This key factor is what makes a company like DigiPath so interesting, given its deep bench of engineering talent and established presence with an operational lab in Las Vegas, Nevada.

Nevada: Out In Front, First-In-Class

With one of only two labs currently operating in southern Nevada and the completion of its first commercial tests having already demonstrated the efficacy of the company’s raw technical capacity and expertise, DigiPath, via its DigiPath Labs™ division, is poised to become one of the leading providers of certified cannabis material testing services in the state. Utilizing robust, extremely sensitive hardware from one of the most trusted names in the diagnostics instrumentation game today, Agilent Technologies (NYSE: A), DigiPath’s initial Nevada location boasts a very quick turnaround time for the local industry and is able to return a fully vetted sample result in only 48 hours.

By providing a comprehensive vetting process that checks everything from potency and moisture content, to contaminant and other foreign matter inspection, DigiPath Labs provides an impeccable one-stop-shop testing solution, within a scalable architecture that can be easily built out to additional states. And this company possesses the know-how to execute on a nationwide growth strategy as well. DigiPath Chief Science Officer, Dr. Cindy Orser, PhD, helms the flagship DigiPath Labs location in Nevada and will be the tip of the spear when it comes to rolling out further standardized botanical nutraceutical testing facilities, harnessing her more than two decades of experience spanning both academia and private industry. Extensive time spent managing every aspect of essential projects and liaising between several companies, including her own Big Sky Biosystems company, and federal regulatory agencies like the FDA, CDC and the ARC (U.S. Treasury’s Administrative Resource Center), has prepared Dr. Orser to deliver exceptional results for DigiPath in this endeavor.

Lab Testing Segment An Industry Sweet Spot, Nevada Is A Gold Mine

That same report from GreenWave, which blew ArcView’s projection out of the water by predicting $21 billion by 2020 for the U.S. cannabis market, also has some extremely rigorous analysis of the future of the lab testing space. GreenWave’s analysis shows that lab testing and data analytics, an important secondary component of the segment, are on track to approach revenues of some $866 million a year in the U.S. alone by 2020 if full legalization occurs. The report also argues that longer-term, data analytics, consisting of procedurally built up and highly granular profile data on the psychoactive cannabinoids, as well as the terpenoids (which act as an anti-inflammatory, anti-tumor, antispasmodic, appetite promotion and insomnia fighting agent) present in various strains, may ultimately emerge as the more lucrative element of such laboratory testing. The significance of this information for everything from cannabis-based medicines development to rapidly profiling strains, and enabling better decisions by consumers, cannot be overstated.

With numerous sector operators currently rushing to open dispensaries in Nevada, and a unique reciprocity provision on the books that allows any one of the 42 million visitors per year drawn in by Las Vegas and the state’s other attractions to shop freely at dispensaries in the state if they hold a valid medical marijuana card, Nevada could be one of the biggest winners as the sector continues to boom. In fact, NerdWallet estimated last year that Nevada’s resident population alone could produce a market worth as much as $100 million a year if legalization passes, and that this figure could double under the influence of strong tailwinds from medical cannabis tourism.

More Than Meets The Eye

DigiPath isn’t just about cutting-edge digital pathology solutions and cannabis lab testing firm. The company has established an unbiased cannabis media operation known as TNMNews (The National Marijuana News), dedicated to providing coverage of the economic and political, as well as cultural and medicinal dimensions of the industry, both via terrestrial radio stations and online through its website TNMNews.com. In concert with this bold media initiative, DigiPath has also taken its commitment to solving industry problems like the lack of established protocols governing cultivation and testing best practices one step further, as they design an industry-leading training curriculum..

As the regulatory restrictions on cannabis continue to melt away under strong consumer sentiment regarding marijuana legalization – illustrated by Gallup polling data that consistently shows over half of respondents in the U.S. now favor legalization, as well as a recent poll by Pittsburgh research firm CivicScience that showed 61 percent of respondents somewhat or strongly support legalizing and taxing marijuana – the demand for reliable lab testing will only continue to accelerate. DigiPath has put together the technical requisites needed in order to capture significant market share amid the progression of this trend and, as state regulators come to understand the utility and importance of such comprehensive testing, the strict quality assurances provided thereby will become of increasing value as a selling point for legislative change.

Take a closer look at the company by visiting www.digipath.com

Disclaimer: Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. DreamTeamNetwork is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. DreamTeamNetwork may be compensated in the future for its corporate communications services in the form of cash-based and or equity based compensation in the companies it writes about, or a combination of the two.

View Systems, Inc. (VSYM) Hits Security Screening Market Sweet Spot with Safe & Rapid Walk-Through Weapon Detection System

A recent report published by MarketsandMarkets on the global security screening sector projects a CAGR of around 9.46% over the next five years, when the space will hit upwards of $9.1 billion, driven largely by demand from airport, private sector facility and public place security concerns looking to thwart criminal activity and the growing risk of terrorism. Homeland Security Research Corporation reported last year that globally, person-borne IED suicide attacks were 90 percent higher than in 2011, with over 3,500 fatalities. One of the most important segments in the overall space continues to be aviation security. Despite the historical dominance of the U.S. and EU markets in this area, demand from China and the Gulf states is rising rapidly and is seen as taking the lead in short order, with projections that these regions will comprise over 60 percent of the aviation security system and device markets by 2022.

Here in the U.S., where aviation security is addressed by the TSA’s $6 billion or more in annual taxpayer funding, as well as another $2 billion in air-carrier and passenger security fees, there has been considerable pushback from consumers regarding the latest forms of scanning technology that are used to detect weapons and other devices, in addition to pat downs, and the general inconvenience created by increased air travel security measures. Roughly two-thirds of the TSA’s massive budget goes directly to passenger and baggage screening and more than 85 percent of the agency’s personnel load is dedicated to airport screeners, making the demand for safe, effective and rapid detection systems that are easy to operate a growing concern that needs to be addressed by innovative approaches to how screening is executed in general.

The same security concerns which exist at airports are shared by corporations with large public facilities, event organizers in the commercial space, as well as by local, state and federal law enforcement agencies, which are often tasked with the immensely difficult job of providing security at events in public places. The need for comprehensive security screening technology from both public and private entities continues to grow year after year, with concerns over criminal activities and terrorism fueling the roll out of ever more advanced solutions at locations like banks, casinos, hotels and malls, as well as at government buildings, hospitals, and schools. However, safety and privacy risks associated with extant technologies, combined with the costs and the difficulty of setting up robust screening hardware and software solutions, especially at ad hoc public events, has continued to plague the sector.

Hence the attention being received of late by leading security technology solutions developer View Systems, Inc. (OTC: VSYM), whose safe, portable, inexpensive and easy-to-use ViewScan archway represents a lightweight, yet extremely robust solution for speedily detecting weapons and other metallic objects. While there are many competing products out there in this sector today, VSYM is one of the few publicly traded companies that also has the in-house engineering expertise needed to produce truly intuitive, state-of-the-art technological solutions to modern security problems, as well as the kind of client-oriented security consulting services required to deliver an ever-evolving, tailored approach to its customers.

The completely passive ViewScan walk-through weapon detection system finds any concealed ferromagnetic objects, including cell phones, guns and knives, using a sophisticated array of gradiometer sensors that actually measure fluctuations in the earth’s magnetic field as a person passes through. The array of sensors positioned within the archway of the ViewScan unit allows VSYM’s proprietary software to actively detect the presence of anomalies in the measured field gradient with significant accuracy, enabling operators to see, via the user interface, where exactly on an individual’s body the suspect object is located.

This ingenious design allows the ViewScan system to forego generating or emitting any form of harmful radiation whatsoever, making the system completely safe, especially for individuals with medical implants like pacemakers, or for pregnant women. ViewScan alleviates health concerns that exist with other technologies like millimeter-wavelength scanning, which uses tremendously high frequency terahertz radiation (T-rays), or backscatter systems which use X-rays. Moreover, no compromising imagery is captured, nor is the individual’s privacy violated, eliminating the persistent privacy concerns that have caused backlash against scanning systems like backscatter and millimeter-wavelength. While an extremely rigorous screening demand exists in the aviation security space, the ViewScan is perfect for creating a rapid pre-check screening architecture and is easily integrated with other systems like card readers, biometrics-based elements, and even sally port or sliding gate locking and unlocking mechanisms, such as those used at correctional facilities.

The computer-controlled and fully networked (via WAN or LAN, allowing for remote operation) ViewScan system never needs to be calibrated and can be operated by just about anyone after a minimal amount of training, yet ViewScan can still be easily transported and deployed with a minimal amount of effort, making the system ideal for events like concerts, or for use at stadiums. Simultaneously, the ViewScan system eliminates the need for individuals to remove shoes or other articles of clothing, as well as eliminating false-positive alarms for gold, silver and copper, which makes jewelry, watches and coins of little to no concern. This system enables rapid throughput of individuals and thus its use in high-volume, high-traffic applications is ideal. And while no compromising scan images of individuals are generated or stored, the system has an integrated video channel and comes ready out of the box to do complete image archiving and easy retrieval for analytical, documentation logging, or prosecutorial purposes.

VSYM has also developed additional technologies like its wearable or K-9 mounted VFR camera and transmitter solution, a Positive ID Verification System bundle for point of entry visitor vetting, and a sophisticated handheld metal detector known as the LAW. Such systems reinforce the company’s leadership position in the security technologies arena and form a solid backdrop to its flagship ViewScan detector.

Take a closer look by visiting www.viewsystems.com

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From Our Blog

Soligenix Inc. (NASDAQ: SNGX) Advances Ricin Vaccine amid Toxin Threat

December 19, 2025

A recent “Times of India” report spotlighted the danger posed by ricin, a highly toxic plant-derived compound with no known antidote and a history of attempted misuse by extremist actors. Soligenix (NASDAQ: SNGX), a biopharmaceutical company focused on biodefense solutions, is developing a vaccine candidate known as RiVax(R) to protect against ricin exposure, positioning the company’s work at the […]

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