View Systems, Inc. (VSYM) Offers Solution during TSA Woes View Systems, Inc. (VSYM) Offers Solution during TSA Woes
The Transportation Security Administration (TSA) didn’t just get a bad score when undercover federal investigators tested the integrity of our nation’s airline security; the agency bombed it (pun intended). According to a critical Inspector General’s report, undercover investigators toting illegal weapons or simulated bombs were able to penetrate security checkpoints an astounding 95% of the time.
The acting head of the TSA, Melvin Carraway, has since been removed from his post and was reassigned to the Office of State Local Law Enforcement at the Department of Homeland Security headquarters. While the TSA and Homeland Security work to identify the weak links in aviation security, they’re finding out what View Systems, Inc. (OTC: VSYM) has known all along: weapons detection technology is in dire need of an overhaul.
View Systems is a Baltimore, Maryland-based security technology products company well ahead of the game. The company’s flagship product, ViewScan, is an advanced walk-through Concealed Weapons Detection System (CWD) that greatly simplifies the process of discriminating suspicious items from harmless ones.
While TSA practices made us all feel a bit safer traveling after the 9/1l attacks, we’ve all grown irritable at the long airport lines, which the recent report insinuates are largely a bust. You remove your belt, shoes, jewelry and anything else that might raise an alarm. When you walk through the X-ray scanners, something as innocuous as a $5 bill in your back pocket warrants a hands-on frisk. If you’re among the pacemaker, pregnant or hip replacement bunch, you’ll get a frisk anyway. This slows down the line, requires extra manpower, and jumbles the entire security process.
According to Homeland Security Research Corp.’s People Screening Technologies and Global Markets 2012-2016 report, the main concepts of future checkpoints will focus on strengthening the security process by:
• Focusing resources where risk is greatest
• Supporting this risk-based approach by integrating passenger information into the checkpoint process
• Maximizing throughput for the vast majority of travelers who are deemed to be low-risk with no compromise on security levels
With ViewScan, View Systems is already aligned with the future’s security needs and is on track to become a leading weapons detection security company. The highly sensitive, completely passive sensor technology powering the ViewScan system accurately detects the location and number of threat objects such as knives, guns and razor blades while ignoring personal artifacts like coins, keys and belt buckles. Furthermore, it’s safe for people with pacemakers, pregnant women and those with replacements.
The average hourly throughput at an airport – meaning the number of people corralled through security in an hour – is estimated at 220 per hour. By accurately and quickly determining between weapon and personal belonging, ViewScan has the potential to nearly quadruple this throughput at 900 people per hour.
Airport security is just a fraction of our nation’s security market and represents only a small degree of View System’s applicability to the broader security industry. The company’s technological solutions also target modern security problems of law enforcement facilities such as correctional institutions and other government agencies, schools, courthouses, event and sports venues, the military and commercial businesses.
While View Systems has no direct competitors, its technologies are complementary to several billion-dollar people screening vendors, including Analog Corp. (NASDAQ: ALOG), which in addition to making medical imaging devices manufactures advanced explosive detection equipment used to screen checked baggage and checkpoint carry-ons specifically for the aviation industry. OSI System’s (NASDAQ: OSIS) Rapiscan Systems subsidiary offers a range of event security and people screening solutions for a wide variety of applications.
In an age of ever-increasing and always evolving threats, experts say that within the last decade, the security industry has been the fastest-growing sector of the global economy. Today, it is conservatively estimated to be a $100 billion-a-year industry and growing. As the business environment continues to get more complex, especially in foreign markets, View Systems is among industry-leading companies strategically positioned to capitalize on unsurpassed opportunity and fill aviation and other security gaps.
For more information, visit www.viewsystems.com
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