Subscriber base continues to expand across the nation and into the Caribbean with Puerto Rico
DALLAS, March 6, 2017 /PRNewswire/ -- COPsync, Inc. (NASDAQ: COYN) reports metrics regarding the scope of the COPsync law enforcement real-time information sharing and communication Network™ and the COPsync911™ threat-alert system.
Key metrics as of the end of February 2017 include:
- There are now more than 820 courts and law enforcement agencies using the law enforcement in-car information sharing and communication network ("Network") across the US and Puerto Rico.
- The COPsync911 threat-alert system protects more than 1,270 schools and other facilities in 15 states.
- Operational users of the COPsync Network and COPsync911 threat-alert system span the following 20 states and territories: Alabama, Arizona, California, Connecticut, Florida, Illinois, Louisiana, Maine, Massachusetts, Mississippi, New Hampshire, New York, North Carolina, Oklahoma, Pennsylvania, Puerto Rico, Rhode Island, Tennessee, Texas and Virginia.
- The reach of the COPsync Network is especially broad in Texas:
- 568 law enforcement agencies and courts, including 134 (53%) of the 254 of the sheriff's offices in Texas, are using the Network.
- 806 facilities in Texas are protected with the COPsync911 threat-alert system.
- There is a COPsync presence in 206 (81%) of the 254 Texas counties.
- Arecibo, Puerto Rico, is the first COPsync Network and COPsync911 customer in the Caribbean.
Ronald A. Woessner, CEO of COPsync stated, "The Company continues adding agencies and courts to the COPsync Network and schools and other facilities to the COPsync911 threat-alert system platform. We believe our sales will continue to accelerate in the months to come through the determined and focused efforts of our "boots-on-the-ground" sales team. In the Company's home state of Texas, the expected "network effects" flowing from our expansive presence throughout the state also are resulting in increased sales activity. The Company's sales team continues aggressively to work a number of major accounts, which -- once closed -- are expected to motivate other law enforcement agencies to join the COPsync Network because of their influence and standing in the law enforcement community. We also expect the new political climate that supports law enforcement and economic growth to propel sales growth as well."
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," "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 statement, "We believe our sales will continue to accelerate in the months to come through the determined and focused efforts of our "boots-on-the-ground" sales team"; "…the expected "network effects" flowing from our expansive presence throughout the state also are resulting in increased sales activity"; "The Company's sales team continues aggressively to work a number of major accounts, which -- once closed -- are expected to motivate other law enforcement agencies to join the COPsync Network because of their influence and standing in the law enforcement community"; and "We also expect the new political climate that supports law enforcement and economic growth to propel sales growth as well." These and other similar statements are highly dependent on the Company's success in executing its sales strategy in the state of Texas and elsewhere. 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.
Everest Corporate Advisors, Inc.
Ronald A. Woessner
Chief Executive Officer
Director of Media
and Investor Relations
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SOURCE COPsync, Inc.
Released March 6, 2017