PALM BEACH, Fla., Jan. 23, 2014 /PRNewswire/ -- Global Digital
Solutions, Inc. (PINKSHEETS: GDSI), a company that is
positioning itself as a leader in providing cyber arms
manufacturing, complementary security and technology solutions and
knowledge-based, cyber-related, culturally attuned social
consulting in unsettled areas, today announced GDSI Gatekeeper, a
revolutionary suite of technology-enhanced services that offer
personalized, digital small arms safety and security solutions in
commercial and military-related markets.
GDSI Gatekeeper, which combines advanced Radio Frequency
Identification (RFID) technology with web-based wireless
capabilities, will provide commercial and military customers with
three essential safety and security benefits:
- Encrypted, password-protected, digital, trigger-locking
capability;
- Secure, real-time online tracking; and
- Encrypted, cloud-enabled databases.
"We're extremely excited about the potential for GDSI
Gatekeeper," said GDSI's President and CEO Richard J. Sullivan. "This revolutionary
suite of services represents a real breakthrough by leveraging the
power of web-based, digital technology to enhance safety and
security in the small arms arena, both in the commercial and
military sectors. We think of it as personalized gun control
and we believe the accessible worldwide market represents a
multibillion dollar opportunity for GDSI."
According to recent reports from the United States Bureau of
Alcohol, Tobacco and Firearms (ATF), an annual average of nearly
3.5 million firearms were manufactured in the United States over the past eight
years. GDSI Gatekeeper's encrypted digital locking device
could be easily retrofitted into existing firearms or it could be
included in the manufacturing process itself.
The ATF also reports that there are roughly 130,000 federally
licensed firearms dealers in the United
States, including some 51,000 retail gun dealers, 7,300 pawn
shops, and 61,000 collectors. In addition, approximately
one-third of U.S. households currently own at least one
firearm. All told, the manufacturing of firearms and
ammunition represents an $11 billion
industry in the United States.
The company expects to derive revenue from licensing its
proprietary Gatekeeper technology and from monthly database service
fees. Authorized dealers would also be able to collect
residual fees by enrolling subscribers into the GDSI Gatekeeper
safety and security program.
In the commercial marketplace, the company emphasized that use
of the encrypted locking device and other GDSI Gatekeeper safety
and security features would be completely voluntary on the part of
individual small arms owners and authorized
dealers.
"Here in the United States, the
right of the people to keep and bear arms is constitutionally
protected and inviolable," Sullivan added. "The Gatekeeper
program will provide additional safety and security for law-abiding
gun owners in the United States
and elsewhere. We believe Gatekeeper's secure locking and
tracking features could encourage millions of people who might have
shied away from keeping firearms in their homes because of safety
concerns to reconsider. And collectors would be able use make
use of Gatekeeper's tracking and database features to exercise
greater control over their prized firearms
collections."
While the details of the propriety technologies involved in GDSI
Gateway remain confidential – pending appropriate applications for
worldwide patent protection – the company plans to showcase the
capabilities of GDSI Gatekeeper's advanced technological solutions
in a series of regional demonstrations over the next six-to-twelve
months.
The company is confident that its Gatekeeper suite of advanced
technology solutions will be successful because the team behind its
development has a proven track record of impressive results while
leading Applied Digital Solutions and Digital Angel Corporation,
including:
- The first-ever FDA-approved, human-Implantable RFID tags that
continue to be used by several foreign militaries;
- The first proof-of-concept implanted GPS-wireless tracking
device which was successfully implanted in a sheep in 2002;
- The first-of-their-kind GPS-wireless tracking devices still
sold to and used by probation and corrections offices around the
country.
- In addition, Applied Digital Solutions was the subject of two
Harvard Business School case studies
that are still being used in the curriculum. The first
followed the company's efforts to build a marketing plan for its
Digital Angel GPS/wireless personal security device. The second
study followed the successful merger of Digital Angel Corporation
and Outerlink Corporation.
About Global Digital Solutions, Inc.
Global Digital
Solutions is positioning itself as a leader in providing cyber arms
manufacturing, complementary security and technology solutions and
knowledge-based, cyber-related, culturally attuned social
consulting in unsettled areas. For more information please
visit http://www.gdsi.co.
Forward Looking Statements
This press release contains
"forward looking statements" within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
The statements contained in this press release that are not purely
historical are forward-looking statements. Forward-looking
statements give the Company's current expectations or forecasts of
future events. Such statements are subject to risks and
uncertainties that are often difficult to predict and beyond the
Company's control, and could cause the Company's results to differ
materially from those described. In some cases
forward-looking statements can be identified by terminology such as
"may," "should," "potential," "continue," "expects," "anticipates,"
"intends," "plans," "believes," "estimates," and similar
expressions. These statements include statements regarding moving
forward with executing the Company's global growth strategy. The
statements are based upon current beliefs, expectations and
assumptions and are subject to a number of risks and uncertainties,
many of which are difficult to predict. The Company is providing
this information as of the date of this press release and does not
undertake any obligation to update any forward looking statements
contained in this press release as a result of new information,
future events or otherwise, except as required by law. We
have based these forward looking statements largely on our current
expectations and projections about future events and financial
trends affecting the financial condition of our business.
Forward looking statements should not be read as a guarantee of
future performance or results, and will not necessarily be accurate
indications of the times at, or by, which such performance or
results will be achieved. Important factors that could cause
such differences include, but are not limited to the Risk Factors
and other information set forth in the Company's Registration
Statement on Form 10/A filed on October 7,
2013, and in our other filings with the U.S. Securities and
Exchange Commission.
Contact:
Richard J. Sullivan
561-515-6163
info@gdsi.co
SOURCE Global Digital Solutions, Inc.