ANV Security Group Announces 2012 Financial Results

SHENZHEN, China, April 1, 2013 /PRNewswire/ -- ANV Security Group (OTCBB: ANVS), a leading developer and global supplier of Internet cloud-based intelligent video and alarm monitoring technology, announces today its year end financial results for 2012.

For the year ended 2012, the Company posted revenues of $185,000, compared with no revenue in 2011, and more than 40,000 subscriber locations registered for its Global Intelligent Eye (GIE) service in China. The Company also announces that 2013 will see significant technological advances for its service offerings, namely affordable intelligent biometric monitoring solutions for its subscribers.

2012 revenues increased YoY from $0 to $185,000. The Company's gross margins improved to 93%. YoY Per share loss increased to $0.12, compared with $0.07 in 2011. Losses can be attributed due to a now-discontinued operation.

"We expect the Company to be profitable by the end of 2013," said Chairman Wilson Wang, adding, "We are currently operating at break even and continue to add new customers every day. Our shareholders will be rewarded with stronger share performance in the coming quarters as we accelerate growth and become profitable while adding new features and services to our product offerings."

By realizing revenues, ANV Security Group is well poised to continue its strong growth in the emerging market of China where it has the first mover advantage. The Company's strong financial performance since it divested of the low margin manufacturing business and focused on its core R&D and service offerings will only continue to improve going forward.

Through the Company's ongoing R&D efforts, in the coming months affordable intelligent biometric monitoring features will be added to the capabilities of the various front end sensors supported on the ANVS system architecture. Those capabilities will include smart recognition of family members for household users and employee confirmation and behavior tracking for businesses. These highly advanced features will no longer be cost prohibitive to the majority of users.

"We achieved several major milestones last year, and are looking for similar success in 2013," commented Mr. Wang. He also added, "Research and Development are the foundation of our business, and it is through these advances that we will continue to attract and retain a larger customer base in both the household and enterprise customer segments."

About ANV Group

ANV Security Group, Inc. (ANVS) was formally established in 2006 and became a public company in 2009 through a reverse merger transaction. Registered as a Nevada corporation, the Company currently trades on the OTCBB exchange under the stock symbol "ANVS". In 2010, the Company moved its headquarters from Vancouver, Canada to Shenzhen, a Special Economic Zone, in Southern China, where it continues to focus on research and development of its technology platforms and service solutions.

As a research and development company, ANVS developed and patented the world's first large-scale cloud-based intelligent video and security alarm technology, having been issued its patent in October 2009 (US2009/0265747A1). The patent and technology enables multi-platform security monitoring and alerts that are scalable for multinational enterprises and even home usage. Any triggered alarm instantly alerts users via SMS, e-mail, telephone, mobile phone, or a combination of any, worldwide, and captures the event images in video surveillance servers. 

In 2011, ANV Security Group launched Global Intelligent Eye (GIE) to be a cost effective digital security monitoring solutions service provider for customers large and small. Tested in Canada and launched in China, GIE is focused on customer support and backend service for its multi-platform security monitoring and alerts in real-time through the internet or 3G networks. Customers are able to use a desktop computer, laptop, smart phone, or any other internet enabled device to visually monitor their locations where ANV devices have been installed.

Forward Looking Statements

This press release and the statements of representatives of ANV Security Group, Inc. (the "Company") related thereto contain, or may contain, among other things, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements," including any other statements of non-historical information. These forward-looking statements are subject to significant known and unknown risks and uncertainties and are often identified by the use of forward-looking terminology such as "projects," "may," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "ultimately" or similar expressions. All forward-looking statements involve material assumptions, risks and uncertainties, and the expectations contained in such statements may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including factors and risks discussed in the periodic reports that the Company files with the Securities and Exchange Commission (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. The Company undertakes no duty to update these forward-looking statements except as required by law.

Additional information is available at www.anvsecuritygroup.com.

Contact: Investor Relations

Humayun Shakeel
Office: 86-755-86656426 Ext 8024
Mb: 86-180-0258-4257, 86-138-1157-7003
[email protected]

SOURCE ANV Security Group, Inc.