DALLAS, Dec. 5, 2016 /PRNewswire/ -- COPsync, Inc. (NASDAQ:
COYN) reports metrics regarding the scope of its interoperability network and the COPsync911™ threat-alert system. The COPsync
Network™ is an advanced communication and information sharing system that protects citizens from violence and domestic terrorism.
Community and officer security is increased with advance warnings of dangerous people, real-time notification of crimes in
progress, and the COPsync911™ threat-alert system to safeguard schools and keep America's children safer and protect other
high-risk targets such as courthouses, government buildings and energy infrastructure. COPsync's systems can save minutes when
seconds count, save lives and protect citizens and communities.
Key metrics include:
- The reach of the COPsync law enforcement in-car information sharing and communication network ("Network") is especially
broad in Texas with more than 550 law enforcement agencies, including 134 or 53 percent of the
sheriff's offices in Texas, using the Network.
- There is a COPsync presence in 80% of all Texas counties. This includes law enforcement
and non-law enforcement customers such as schools, hospitals, government buildings and communications infrastructure.
- The COPsync911 threat-alert system protects more than 1,200 schools and other facilities located in 15 states across the
U.S.
- There are almost 800 courts and law enforcement agencies that are COPsync Network customers located in 17 states across the
U.S.
- Operational users of the COPsync Network and COPsync911 threat-alert system span the following 17 states: Arizona, California, Connecticut,
Florida, Illinois, Louisiana, Maine, Massachusetts,
Mississippi, New Hampshire, New
York, North Carolina, Oklahoma, Pennsylvania, Rhode Island, Texas and
Virginia.
The Company has adopted a new sales strategy to accelerate its sales bookings and the Company's growth. The new sales strategy
involves collaborating with law enforcement and school industry subject matter experts and influencers, both in government and
private industry, whose assistance is expected to accelerate the sales cycle and shorten it from years to months. The Company has
hired a number of new sales staff to support its continuing efforts to expand its customer footprint across the U.S. and in its
home state of Texas. Direct and indirect sales efforts are planned to be directed to states
adjacent to Texas and other key states and regions, including Florida, California, New England, New
Jersey, the Midwest, and the mid-Atlantic states. Private schools, particularly those in the Northeast, will be targeted
for the Company's COPsync911 threat-alert systems in addition to public schools, courthouses, government buildings and energy
infrastructure facilities.
"We continue to methodically expand the Company's customer footprint here in Texas with the
objective of ultimately 'tipping' the State of Texas and thereby becoming the national standard
for law enforcement real-time information sharing and communication," stated Ronald A. Woessner,
CEO of COPsync. "Further, we are confident that we can duplicate our market penetration success in Texas across the country and someday create a single nationwide network connecting law enforcement as well
as protect at-risk facilities throughout the United States. In doing so, we believe this will
create a significant, high margin, recurring revenue stream for our Company for years to come. The Company exceeded the
$2 million mark in sales bookings in Q3 2016, and we have a strong sales pipeline for the remainder
of the year. We expect this forward momentum to continue into 2017 and increase value for all of the Company stakeholders."
About COPsync, Inc.
COPsync, Inc. (NASDAQ: COYN) is a technology company that connects law enforcement officers across the nation, so they can
communicate and share mission-critical information in real-time. This saves officers' lives and keeps the public safer; helps law
enforcement officers catch common criminals and stop child kidnappings, vehicle thefts, bank robberies and other crimes in
progress, and arms the nation's law enforcement officers with needed information so they can help defend against terrorism. For
more information, go to www.copsync.com.
Safe Harbor Statement
Statements in this press release that are not purely historical facts or that depend upon future events, including statements
about forecasts of earnings, revenue, product development, sales, proposed financing transactions or other statements about
anticipations, beliefs, expectations, intentions, plans or strategies for the future, may be forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. For example, statements containing words like
"expect," "anticipate," "potential," "expects," "believe," "confident," "estimated," "future," "plan," "planning," "projected,"
"strategy," "pursuing," "objective" and other similar terms, express management's current views concerning future events, trends,
contingencies or results, which may be considered forward-looking statements. Specifically, the statements "The Company has
adopted a new sales strategy to accelerate its sales bookings and the Company's growth"; "The new sales strategy involves
collaborating with law enforcement and school industry subject matter experts and influencers, both in government and private
industry, whose assistance is expected to accelerate the sales cycle and shorten it from years to months"; "Direct and indirect
sales efforts are planned to be directed to states adjacent to Texas and other key states and
regions, including Florida, California, New England,
New Jersey, the Midwest, and the mid-Atlantic states"; "Private schools, particularly those in
the Northeast, will be targeted for the Company's COPsync911 threat-alert systems in addition to public schools, courthouses,
government buildings and energy infrastructure facilities"; "We continue to methodically expand the Company's customer footprint
here in Texas with the objective of ultimately 'tipping' the State of
Texas and thereby becoming the national standard for law enforcement real-time information sharing and communication";
"Further, we are confident that we can duplicate our market penetration success in Texas across
the country and someday create a single nationwide network connecting law enforcement as well as protect at-risk facilities
throughout the United States"; "...we believe this will create a significant, high margin,
recurring revenue stream for our Company for years to come"; "we have a strong sales pipeline for the remainder of the year"; and
"We expect this forward momentum to continue into 2017 and increase value for all of the Company stakeholders." These statements
are highly dependent on the Company's success in executing its new sales strategy in Texas and
other states. All forward-looking statements are based on information available to the Company on the date this release was
issued. The Company undertakes no obligation to update publicly or revise any forward-looking statements, whether as a result of
new information, future events or otherwise. Any forward-looking statements involve risks and uncertainties that could cause
actual events or results to differ materially from the events or results described in the forward-looking statements, including
risks or uncertainties related to the Company's ability to succeed in its sales strategy, raise sufficient capital, maintain its
NASDAQ listing or succeed in its business strategy, which may adversely affect the Company's business and the value of an
investment in the Company's stock. The Company may not succeed in adequately addressing and managing these and other risks.
Further information regarding factors that could affect the Company's financial, operating and other results can be found in the
risk factors section of the Company's Annual Report on Form 10-K for the year ended December 31,
2015, filed with the Securities and Exchange Commission.
Contact:
Investor Relations
Everest Corporate Advisors, Inc.
702-902-2361
702-982-1339
For COPsync:
Ronald A. Woessner
Chief Executive Officer
972-865-6192
invest@copsync.com
Media:
Cynthia Vetter
Director of Media
and Investor Relations
cvetter@copsync.com
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SOURCE COPsync, Inc.