Forward-Looking StatementsExcept for the historical information in this press release, it includes forward-looking statements that involve risks and uncertainties, including but not limited to, quarterly fluctuations in results; customer demand for the Company’s products; the development of new technology for alternate means of motion picture presentation; domestic and international economic conditions; the management of growth; and other risks detailed from time to time in the Company’s Securities and Exchange Commission filings. Actual results may differ materially from management’s expectations.
Ballantyne Strong, Inc. (NYSE MKT: BTN), a diversified provider of digital technology services, products and solutions, today announced that the Company will be distributing a new line of cloud-based video security solutions, which will be showcased at the 2014 ISC West exhibition from April 2-4 in Las Vegas. ISC West is the largest physical security show in North America. The new video security solutions are part of a value-added reseller agreement that Ballantyne Strong has entered into with VIAAS (Video Intelligence as a Service), a manufacturer of video surveillance solutions hosted in the cloud. Ballantyne will be offering complete video surveillance solutions that provide anytime, anywhere access to security cameras and videos through a web browser or mobile device. Ballantyne Strong’s video security solutions business will be led by Josh Galley, Vice President, Strong Technology Group. Mr. Galley has more than 12 years of experience in integrated technology solutions and more than seven years of experience in the video surveillance industry. “We are very excited about our entrance into the Physical Security market, as it has significant growth opportunities and will enable us to leverage our existing infrastructure,” said Gary L. Cavey, President and CEO of Ballantyne Strong. “Our existing field services group will handle installations of the video cameras and our Network Operations Centers will provide the managed services for video event monitoring. We believe our new video surveillance solutions will provide excellent opportunities to diversify our revenue mix and increase the base of recurring revenue in our managed services business.” About Ballantyne Strong, Inc. ( www.strong-world.com ) Ballantyne Strong designs, integrates, and installs technology solutions for a broad range of applications; develops and delivers out-of-home messaging, advertising and communications; manufactures projection screens and lighting products; and provides managed services including monitoring of networked equipment. The Company focuses on serving the retail, financial, healthcare and cinema markets.