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SITS Southern ITS International Inc (PK)

0.055
0.00 (0.00%)
Last Updated: 14:30:03
Delayed by 15 minutes
Share Name Share Symbol Market Type
Southern ITS International Inc (PK) USOTC:SITS OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.055 0.046 0.055 0.00 14:30:03

Southern ITS International, Inc. Enters Into an Agreement With VxStream

12/02/2013 7:20pm

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Southern ITS (PK) (USOTC:SITS)
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Southern ITS International, Inc. (PINKSHEETS: SITS) announced today that it has entered into an agreement with VxStream (www.vxsusa.com). VxStream has developed an exclusive video compression standard that allows our customers to increase effectiveness by adding cameras, increasing high definition coverage and improving image quality. VxStream compressions reduce image file size by up to 90% of its original size.

Jason Bell, Chief Executive Officer, noted, "This compression technology will allow our clients to get the full benefit of the new High-Resolution cameras that we are installing without compromising on the length of time they would like to keep the video file in storage. It also allows them to minimize the stress that High-Resolution camera can place on a network. We are working to integrate this new exciting technology with one of our gaming client and should have a large scale installation done in the first quarter of 2013."

About Southern ITS International, Inc.

Southern ITS International, Inc. is committed to the mission of providing total systems integration projects by maintaining cost effectiveness while providing the highest end voice, data, surveillance, audio/visual and fire detection available. We are represented throughout the world by leading individuals within the digital surveillance and IT integration industry. We are providing a digital video recording solution and integrating our technological solutions with other existing systems, which results in a significant capital savings for our clients. The Company is positioned to be a leading force in this business sector.

Precautionary and Forward-Looking Statements

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude or risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in the Company's disclosures or filings with OTC Markets, Inc. You are further cautioned that stocks of smaller companies like Southern ITS International, Inc. are inherently volatile and risky and that no investor should buy this stock unless they can afford the loss of their entire investment.

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