MoneyFlow Systems International Inc. Announces New Digital Video Surveillance System13 February 2005
Hal Schultz, President of MoneyFlow Systems International Inc. ("MoneyFlow") (OTC BB: MFLW), announced today, that the Company is introducing a new high quality, high speed, digital surveillance system recorder based on the Linux operating system. The Linux embedded system simplifies the installation and activation of the system as well as providing a system that is not prone to viruses and other malicious attacks via the Internet, as can be the case with some other operations systems.
Another major consideration of the Company in choosing Linux to make available its networked, remote enabled systems was the fact that networking support in Linux is advanced and superior to most other Operating Systems. The ability for clients to access their surveillance equipment via remote Internet connections is a crucial aspect of the overall product appeal. The people developing Linux collaborated and used the Internet for their development efforts and networking support came early in Linux development. As an Internet server, Linux is a very good choice, often outperforming Windows NT, Novell and most UNIX systems on the same hardware (even multiprocessor boxes). Linux is frequently chosen by leading businesses for superior server and network performance.
"This choice also allows us to pass along further cost benefits to our customers, since the cost of inventory and servicing have been greatly reduced due to the elimination of 8, 12, and 16 channel cards, and the ability of the system software to automatically recognize the installation of additional cards," added, Mr. Schultz. "This is for us and we think for our industry customers, a major technological advance. Further, the introduction of this new technology should see sales in our security surveillance division increase significantly," he concluded.
MoneyFlow Systems International Inc., a Nevada corporation, is in the business of providing electronic financial transaction products and services through its wholly owned Canadian subsidiaries, Security Bancorp Inc., and employs CA$H STATION® as its Branded and registered trademark. The company has two distinct business divisions. The financial services division supplies, installs, maintains and manages electronic funds transfer (EFT) terminals, (e.g. Automated Teller Machines (ATM's)), to facilitate the convenient dispensing of cash to merchants and consumers. In addition, through its security division "Interglobe Investigation Services Inc.," it provides investigation services to corporations and individuals that include security consulting, loss prevention, forensic computing, VIP and executive safety, criminal harassment (stalking crimes), investigating international crime, due diligence, homicides, abductions, missing persons, canine bomb & narcotics detection, security and protection. MoneyFlow has developed its "Remote Access Digital Video Recorder," which it manufactures and sells as the core of its surveillance systems and through Interglobe, the Company provides remote access digital video surveillance systems to homes, business, industry and government facilities. Users of the surveillance systems may view their location live, anytime from anywhere with Internet access.
Cautionary Statement: This news release may include certain "Forwarding-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act, as amended. All statements, other than statements of historical fact, included in this release are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. All forward-looking statements in this release are expressly qualified by this notice.
Distributed by Filing Services Canada and retransmitted by Market Wire
CONTACT: MoneyFlow Systems International Inc. Investor Relations 1-403-319-0236
SOURCE: MoneyFlow Systems International Inc.
Source: Market Wire
All trademarks and copyrighted information contained herein are the property of their respective owners.
Related Articles
|