CARROLLTON,
TEXAS - February 24, 2009 - GVI Security Solutions, Inc., (OTCBB: GVSS), a leading
provider of video security surveillance solutions featuring the complete Samsung
Electronics line of products, has been awarded a two year contract extension
starting February 1, 2009, to provide video surveillance equipment to a major
U.S. based international retailer for its United States asset protection and
safety program. Revenue over the two-year term of the award is estimated to
be $15 million.
"We are
extremely pleased to have been awarded a two year extension on our contract
to provide video security systems that meet the exhaustive quality and performance
standards of this leading retailer," said GVI Chairman and Chief Executive
Officer Steven Walin. "We look forward to continuing to work with this
innovative international retail market leader to provide video surveillance
products and solutions for their facilities."