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Investor Presentation

Investor Presentation

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Investor Presentation

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  1. Investor Presentation March 2009 OTCBB: GVSS

  2. Safe Harbor Statement This material contains statements that are not statements of historical fact, but instead are forward-looking statements. All forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors include, but are not limited to, the company’s ability to market existing and new products, ability to access capital for expansion, and changes from anticipated levels of sales, future national or regional economic and competitive conditions, changes in relationships with customers, dependence on our relationship with our primary supplier and other factors detailed from time to time in the Company's filings with the United States Securities and Exchange Commission and other regulatory authorities. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This presentation is based upon information available to the public, as well as other information from sources which management believes to be reliable, but is not guaranteed by GVSS as being accurate nor does it purport to be complete. Opinions expressed herein are those of management as of the date of this presentation and are subject to change without notice.

  3. Video Surveillance For Today’s Analog Systems &Tomorrow’sIP Network

  4. Investment Considerations • Extremely Undervalued • Share Buyback • “Baby Blue Chip” • Profitable • Growing

  5. Value Undervalued GVI P/E 3.67 P/S 0.17

  6. Share Buyback Share Buyback $1,000,000

  7. Pick the Blue Chip? Prime + 0.75% Prime + 0.25% 10% + warrants 11% convertibles with resets

  8. Profitable Profits Net Income 2007 Seven Straight Profitable Quarters Q1 2007 – Q3 2008 $2.6million

  9. Growing Growth Q3 2008 Revenue up 14% over Q3 2007

  10. New Direction Net Income 2007 $2.6million • New Management Team and Board • Eliminated Loss-Making Activities • Set Appropriate Expense Levels and Implemented Controls • Focused on Key Working Capital Items • Strengthened Samsung Strategic Partnership and Contract • New $15M Credit Facility with Wells Fargo Business Credit 2006 Loss $16 million

  11. Successful Track Record Access Control Strategic Acquisitions GVSS

  12. Management Team Steven E. Walin, CEO/Chairman – 26 years of experience in the security industry. Former president of GE Security Enterprise Solutions; former Senior VP for the security systems division of Siemens Building Technologies; former President / COO of Security Technologies Group (STG) Joseph Restivo, COO/CFO – 19 years of experience in the security industry.Former VP of North American Services and Business Development for Siemens Building Technologies. President/COO of Casi-Rusco Rich Anderson , CTO –19 years of experience in the security industry. Former VP of Marketing of GE Security’s Enterprise Group, where he was charged with defining the product strategy. Prior to that position, Rich worked for GE as the VP of Business and Market Development, where he helped lead the definition of their security acquisition and technology strategy. Rich was also the VP of Engineering, and in charge of the development of access control products. Michael Capulli, Sr. VP North American Sales – 26 years of experience in security sales; was VP of Sales for Tri-Ed Inc.; recently was Director of Global Accounts for Tyco Safety Products. Fernando Tomasiello, Sr. VP International Sales –10 years of experience in the security industry; was Director of Sales for South America for Global Options International Inc.; from 1998 to 2000, was VP of Sales for International Security Experts Systems. Esra Pope, VP Marketing –9 years of experience in the security industry; former leader of project integration for Military and Government security sales and marketing in Turkey. Chris Young, VP of Finance –Former Director of Finance at i2 Technologies.  Prior to i2, he worked at GE for 5 years.  Chris holds a BA in Finance from the University of Kentucky, a MBA from the University of Illinois, and is a licensed CPA.

  13. Strategic Partner: Samsung Electronics • The World’s Largest and Leading Electronics and IT Company • #1 Consumer Electronics Brand Worldwide • Annual Sales over $100 Billion US • Operates in over 100 Countries • Driven to be #1 in Security Electronics

  14. Branding • Samsung and GVI Branded Video Security Surveillance Systems • Sell Through Distributors, Installers and Dealers • Industry Leading Service and Technical Support • 75% Samsung, 25% GVI Branded Products to Supplement Samsung Line

  15. Selected Customers Banco de la Republica Colombia Baton Rouge Parish Schools Aduana Mexico Gov’t Customs Organization MAJORRETAILER Tribunal of Justice de Rio de Janeiro Sarasota School District Poder Judicial Republica de Chile Chesterfield County VA Schools MAJOR APPAREL RETAILER Brazil Metro Guatemala Government Customs Agency Joshua Independent School District North Carolina Department of Corrections Los Angeles Air Force Base

  16. Sales Channels Samsung Brand Installer Distributor GVI End User Dealer GVI Brand

  17. Changing Architecture Creates Big Opportunity Access Control LAN Internet Closed Circuit Video Analog Cameras Closed Circuit Video Stand-alone systems loosely integrated via relays or custom software IP Cameras IP Video IP based systems integrated via common standards with a master control console

  18. Targeting the Mid Market • The High End Enjoys: • Larger project sizes • Reduced price sensitivity Number of Employees >1000 50 to 1000 High End Market <50 Americas Video Mid Market Size: $1.3B CAGR: 12% Market Sweet Spot Mid Market (SMB) Source: Phare Consulting Inc. Entry Level Market • Entry Level Enjoys: • Higher unit volumes • Reduced system complexity • Reduced sale complexity • Shorter sales cycles

  19. Growth Strategy: Core Business • Strong Strategic Partnership with Samsung • Samsung has High Growth Goals – Double Market Share • Strong Partner – $1.5 Million Initial Investment • Deploying our own resources • Delivering results up 14% last quarter • Samsung is Poised to Extend their Leadership in Electronics and IT to the Full Electronic Security Market with GVI as their Strategic Partner

  20. Growth Strategy: IP • New Products • New Distribution Channels • Fastest Growing Part of Video Security which is the Fastest Growing Part of Security Business • Samsung is committed to growth and increasing R&D

  21. Growth Strategy: Complementary Acquisitions • Video Management Software • Access Control • Accessories • Samsung has Demonstrated Willingness to Co-Invest in Growth and Acquisitions

  22. Income Statement 2005 2006 2007 (est.) 2007 2006 9 mo 2008 9 mo 2007 ($ in thousands) Net Sales 45,025 43,973 36,393 34,055 Gross Profit% 28.4% 15.0% 29.9% 27.8% Pre Tax Income Cont. Op. 1,463 (13,803) 1,639 978 (9,388) (7,887)2,300 Net Income 2,637 (16,491) 949 942 EPS (fully diluted) ($12.99) ($4.46) $.05 $0.08 ($4.46) $0.03 $0.03 Pre Tax Income Continuing Ops. Gross Margin

  23. Balance Sheet ($ in thousands) 9-30-08 12-31-07 12-31-06 Cash and cash equivalents 31 313 225 Current assets 22,367 21,752 15,846 Total assets 23,328 23,356 16,472 Current liabilities 9,512 9,292 17,850 Total liabilities 19,694 20,892 17,912 Stockholder’s equity 3,634 2,464 (1,440)

  24. Favorable Credit Facilities • $15 Million Secured Credit Facility • Prime + .75% • Resets to Prime + .25% on • $1M Net Profit in 2008

  25. Equity Snapshot Exchange/Symbol: OTCBB/GVSS Price (2/12/2009): $0.29 Shares Outstanding: 28.1M Market Capitalization: $8.18M Price/Earnings (ttm) 3.67X Price/Sales (ttm): 0.17X Sep Nov Jan 08 Source: Yahoo! Finance

  26. GVI Investment Opportunity • Extremely Undervalued • Share Buyback • Blue Chip • Samsung Partnership • Acquisition Strategy • Profitable • Growing