Technology Beta Testing, Distribution & New Product Announcements Redefining Security, Mobile & Automation Industries

CORAL SPRINGS, Florida, June 2, 2015 /PRNewswire/ --

The Technology sector continues to perform as new products, services, agreements and mergers fuel growth momentum.  Tech Companies like DirectView Holdings (OTC: DIRV), Taser (NASDAQ: TASR), GoPro, Inc. (NASDAQ: GPRO), Digital Ally (NASDAQ: DGLY), SINA Corp (NASDAQ: SINA) & Altera Corp (NASDAQ: ALTR) focused on high tech products such as body cameras for law enforcement, new age personal camera products, integrated mobile technology and programmable logic devices continue to show progress with recent and current announcements.

DirectView Holdings, Inc. (OTC: DIRV), a company focused on ownership and management of leading video and security technology companies, today announced it has begun beta testing its body worn camera systems integrated with mobile broadband technology.   During this beta phase the Company will be testing the wide array of state of the art camera features including high capacity streaming video, Bluetooth®, GPS, push to talk, WIFI/4G LTE, and imbedded biometric access.  The Company will also work to integrate the video feeds with its backend storage solutions for video/audio storage including playback and editing of stored evidence.  The Company also intends to test the camera in the coming weeks on a number of platforms including xG Technology, Inc.'s (NASDAQ: XGTI) xMax private mobile broadband technology, as part of its previously announced integration agreement.

Read the full DIRV press release at http://www.financialnewsmedia.com/profiles/dirv.html

Roger Ralston, CEO and Board Chairman of DirectView, said, "We are excited to have received the first units of our new body worn cameras for testing and look forward to putting this exciting new security product through this Beta phase prior to field testing.  We have received a number of requests for demo/evaluation units and we intend to work diligently to complete this testing and provide demo units into the field as we continue to move closer to our anticipated product launch in the coming months."

In other tech news and happenings:  Taser International has seen orders heat up for its body-worn video cameras and other products amid calls for safer law enforcement methods, while a recent buyout expanded its offerings and boosted its market position.  Taser (NASDAQ:TASR) is the leading maker of conducted electrical weapons (CEWs), aka Taser stun guns, designed for use by law enforcement officers, military personnel, corrections officers, private security personnel and citizens.  It's also the top global player in the cloud-based digital evidence management and body-worn video markets.  Read More At Investor's Business Daily: http://news.investors.com/business-the-new-america/052715-754437-taser-gets-lift-from-buyout-demand-surge.htm#ixzz3bqop3zr9

GoPro, Inc. (NASDAQ: GPRO), enabler of some of today's most immersive and engaging content, has announced the availability of its new HERO+ LCD camera. Capturing life-like high definition 1080p60 video and 8MP photos, the HERO+ LCD features a convenient touch display for easy shot framing, settings control and access to an all-new in-camera video trimming feature. Like the entry-level HERO, the HERO+ LCD is built directly into its waterproof housing. The simplicity of this all-in-one design now combines with expanded features to make capturing life's memorable moments easier than ever.

Digital Ally (NASDAQ:DGLY) received an order from Superior Ambulance Service for 175 more DVM-250Plus driver assistance camera systems, as vehicles take on more video-based safety features.  The order will bring Superior Ambulances' total number of ambulances and paratransit vehicles with the system to 400. Digital Ally didn't disclose financial terms. The three-camera system can help drivers back up.  While Digital Ally is mainly known for selling officer-worn cameras to law enforcement agencies, the Superior Ambulance order comes as the market for advanced driver assistance systems (ADAS) is starting to take off.

SINA Corporation (NASDAQ: SINA), a leading online media company serving China and the global Chinese communities, announced that it has entered into a legally binding subscription agreement with Mr. Charles Chao, Chairman of SINA's board of directors and Chief Executive Officer, for the issuance and sale of 11,000,000 newly issued ordinary shares of the Company to Mr. Chao. Pursuant to the agreement, Mr. Chao will subscribe for and purchase directly or through a special purpose vehicle beneficially owned and controlled by him, 11,000,000 newly issued ordinary shares of SINA for a total purchase price of approximately US$456 million in cash. The per share purchase price of US$41.49 represents the average closing trading price of SINA's ordinary shares for the 30 trading days ended May 29, 2015 and is higher than the closing trading price on May 29, 2015, the last trading day before the signing of the subscription agreement. Mr. Chao has agreed to subject all the shares he or his affiliate will acquire in the transaction to a contractual lock-up restriction for six months after the closing. The closing is expected to take place upon satisfaction of customary closing conditions.

Intel Corp. agreed to buy Altera Corp. (NASDAQ: ALTR) for $16.7 billion to defend its presence in data centers, forging a deal that will add to a record year for industry consolidation.  The world's largest chipmaker will pay $54 a share in cash for the maker of programmable logic semiconductors, Intel said in a statement Monday. That's a premium of 11 percent over Altera's closing share price on Friday and 56 percent from March 26, the day before the possibility of a transaction was first reported.

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