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Westec InterActive Acquires Digital Witness
DALLAS--(BUSINESS WIRE)--November 14, 2007-- Westec InterActive, Inc., the
largest remote video monitoring company in the U.S., announced today that they
have acquired Digital Witness LLC, a privately held company headquartered in
Dallas, TX.
Digital Witness provides video monitoring solutions and services via a
subscription-based model to small and medium-sized businesses in major
metropolitan areas across the U.S.
“Digital Witness combined with Westec strengthens our leadership position in the
remote video monitoring marketplace,” said Gerald Vento, Westec’s Chairman and
Chief Executive Officer. “IP network video monitoring is growing five times
faster than the security industry as a whole and Westec is leading the migration
to valued-added interactive video monitoring services away from single purpose
burglar alarm monitoring.”
“Because of the rapid growth in video-based alarm monitoring, Westec’s core
business has more than doubled in the last few years and we have achieved
chain-wide acceptance among many of our blue chip customers. This acquisition
increases our concentration in major cities and will enable us to offer better
service to our customers. And, at the beginning and end of every day, our focus
is customer service,” added Vento.
Digital Witness has fast become a leader in video surveillance systems by
serving business owners and operators in the restaurant, hospitality and
specialty retail verticals. The Digital Witness platform provides business
owners and managers with an affordable and efficient system to view live and
recorded video. Using the Digital Witness system to monitor sales, employees and
customers either on-site or remotely via the Internet has changed the way many
restaurants do business by improving employee accountability and increasing
profits. The Digital Witness system also includes advanced, customized, yet
easy-to-use reports.
Restaurant chains across the country have subscribed to the Digital Witness
service. “Our growth is a result of our easy-to-use platform and our financial
model that allows all levels of businesses to benefit through video
surveillance,” said Kelby Hagar, Digital Witness’ President and Chief Executive
Officer.
“We remove the cost barrier for our customers by offering them no up front
capital expenditures to get started. The Digital Witness system includes
state-of-the-art equipment and software, turn-key professional installation and
on-going customer service – all at a low monthly subscription price of around
$10 a day,” said Hagar. “As a result of this new relationship, Digital Witness
will now be able to offer an advanced suite of monitoring services to our
existing and future customers that we were not previously able to offer.”
“Westec and Digital Witness share a common vision, to offer the very best in
remote video monitoring solutions to a growing marketplace. With this
acquisition, we are ushering in a new era of remote video monitoring and video
verification that will change the way the traditional burglar alarm business
operates today,” added Vento.
About Westec InterActive, Inc.
The pioneer of interactive video monitoring, Westec delivers the industry’s only
intelligent business monitoring solution serving Fortune 500 companies
throughout the U.S. Its strategic business solutions help leading restaurants,
retailers and other companies improve operations and profits through intelligent
business monitoring services.
For more information on Westec InterActive, visit online at
www.westecnow.com.
About Digital Witness LLC
Digital Witness, one of the fastest growing video surveillance systems
companies, provides video surveillance technology to help businesses proactively
manage their operations, as well as improve security. Digital Witness is the
leader in the restaurant and QSR verticals with thousands of installations
across the U.S.
For more information on Digital Witness, visit online at
www.digitalwitness.com.
Contacts
Westec InterActive
Kevin Key, 214-800-1883
kevin.key@westecnow.com
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