-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JkCrL13njxYGpsPMuQqkA0HdvH1ZCaakCdGm9XBSO0328mebQGdHnv1eYG5zfAwu 5QuEfixsZWCwH/UdjwXWZQ== 0000014280-05-000148.txt : 20050927 0000014280-05-000148.hdr.sgml : 20050927 20050927170130 ACCESSION NUMBER: 0000014280-05-000148 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20050923 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050927 DATE AS OF CHANGE: 20050927 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MSGI SECURITY SOLUTIONS, INC CENTRAL INDEX KEY: 0000014280 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 880085608 STATE OF INCORPORATION: NV FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01768 FILM NUMBER: 051105927 BUSINESS ADDRESS: STREET 1: 575 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 917-339-7134 MAIL ADDRESS: STREET 1: 575 MADISON AVENUE STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: MEDIA SERVICES GROUP INC DATE OF NAME CHANGE: 20041202 FORMER COMPANY: FORMER CONFORMED NAME: MEDIA SERVICE GROUP INC DATE OF NAME CHANGE: 20040408 FORMER COMPANY: FORMER CONFORMED NAME: MKTG SERVICES INC DATE OF NAME CHANGE: 20020403 8-K 1 form8ktxt.txt SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) September 23, 2005 ----------------------- MSGI SECURITY SOLUTIONS, INC. (Exact name of Registrant as specified in charter) Nevada 0-16730 88-0085608 - ------------------------------ -------------------- ------------------------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File No.) Identification No.) 575 Madison Avenue New York, New York 10022 - ---------------------------------------- ----------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (917) 339-7134 ----------------- Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 8.01 Other Events. On September 23, 2005, MSGI Security Solutions, Inc. ("MSGI" or the "Company") announced that on September 19, 2005, it entered into a temporary 60-day agreement with the New York City Police Department Transit Police Bureau for a pilot program relating to the testing and evaluation of the Company's wireless covert video surveillance system. On September 26, 2005, the Company issued a further press release which was intended to clarify the status of the previously announced pilot program. For reasons unrelated to the quality or performance of the Company's wireless security system, the Company was advised by the New York City Police Department Transit Bureau that certain operational and administrative issues within the Bureau necessitated a delay in the Bureau presently proceeding with the pilot program. The Company has made inquiry of the NYPD Transit Bureau as to when the pilot program may resume and any issues that are needed to be resolved before the resumption of the pilot program. There is no assurance that the temporary agreement and the pilot program will ultimately result in a definitive agreement. Item 9.01 Financial Statements and Exhibits (c) The following documents are filed herewith as exhibits to this Form 8-K: Exhibit No. 99.1 Press Release issued by the Registrant dated September 23, 2005. 99.2 Press Release issued by the Registrant dated September 26, 2005. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MSGI SECURITY SOLUTIONS, INC. Date: September 27, 2005 By: /s/ Richard J. Mitchell III --------------------------------------- Name: Richard J. Mitchell III, Chief Accounting Officer EXHIBIT INDEX Exhibit No. Description of Exhibit 99.1 Press Release issued by the Registrant dated September 23, 2005. 99.2 Press Release issued by the Registrant dated September 26, 2005. EX-99.1 2 exhibit991txt.txt 99.1 - PRESS RELEASE ISSUED 9/23/05 Investor Contact: Jody Burfening / Chris Witty Lippert/Heilshorn & Associates, Inc. (212) 201-6609 cwitty@lhai.com FOR IMMEDIATE RELEASE MSGI LAUNCHES SUBWAY SURVEILLANCE PILOT PROGRAM FOR NYPD NEW YORK, NY, September 23, 2005 - MSGI Security Solutions, Inc. (Nasdaq: MSGI), a leading provider of proprietary security products and services, today announced that it has begun to install a subway video surveillance system as part of a pilot program for the New York City Police Department (NYPD). The program features covert wireless video surveillance engineered by MSGI to observe criminal activity underground. Multiple subway locations in the Borough of Manhattan will be monitored over the course of the next 60 days, based on historical crime statistics, and the NYPD will also use the new system as a counter-terrorism tool in high profile areas. MSGI's secure, covert technology has already been deployed in three undisclosed subway locations - leading to two arrests within the first hour of operation. Jeremy Barbera, chairman and CEO of MSGI, commented, "This program builds upon MSGI's success in deploying encrypted video surveillance systems for the U.S. Department of Homeland Security and law enforcement agencies. To meet the needs of the NYPD, MSGI designed a rapidly-deployable, mobile video surveillance system that can be easily installed and utilized within an underground environment. Our SafetyWatchTM software seamlessly controls the IP-based technology platform, and the surveillance video is viewable in real-time both above and below ground. MSGI's technology and customized systems offer leading-edge, secure, surveillance solutions for a multitude of applications, which we believe will be of interest to a wide array of law enforcement agencies." The NYPD system utilizes advanced surveillance technology engineered by Innalogic, an MSGI operating company. About MSGI Security Solutions, Inc. MSGI Security Solutions, Inc. is a leading provider of proprietary security products and services to commercial and governmental organizations worldwide, including the U.S. Department of Homeland Security, with a focus on cutting-edge encryption technologies for surveillance, intelligence monitoring, and data protection. From its offices in the U.S. and Europe, the company serves the needs of counter-terrorism, public safety, and law enforcement agencies. More information on MSGI is available on the company's website at www.msgisecurity.com. The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors, including general economic conditions, spending levels and other factors could cause actual results to differ materially from the Company's expectations. EX-99.1 3 exhibit992txt.txt 99.2 - PRESS RELEASE ISSUED 9/26/05 Investor Contact: Jody Burfening / Chris Witty Lippert/Heilshorn & Associates, Inc. (212) 201-6609 cwitty@lhai.com FOR IMMEDIATE RELEASE MSGI CLARIFIES PILOT PROGRAM WITH NYPD NEW YORK, NY, September 26, 2005 - MSGI Security Solutions, Inc. (Nasdaq: MSGI), a leading provider of proprietary security products and services, today clarified the status of its pilot program with the New York City Police Department. According to Chairman and CEO Jeremy Barbera, MSGI was asked by a Commanding Officer of the NYPD Transit Police to develop a covert surveillance solution for New York's subway stations, and the company signed a 60 day agreement for a pilot program. Both MSGI and the NYPD Transit Police operated in good faith, with the highest possible integrity, in regards to this program. However, in the process of rapidly deploying the system, there was evidently some miscommunication within the police department. While MSGI has not received notice of cancellation from the NYPD Transit Police, the company understands that the project is on hold until such time as proper authorization is obtained. Furthermore, it is the company's understanding that the quality of its system is not in question. MSGI's products apparently worked flawlessly and led to at least one immediate arrest. MSGI sincerely hopes that the NYPD administrative issues can be resolved so that the company can redeploy the system as soon as practical. In the interim, MSGI is contacting other transit systems in major metropolitan markets to offer the same covert surveillance product successfully tested in New York. About MSGI Security Solutions, Inc. MSGI Security Solutions, Inc. is a leading provider of proprietary security products and services to commercial and governmental organizations worldwide, including the U.S. Department of Homeland Security, with a focus on cutting-edge encryption technologies for surveillance, intelligence monitoring, and data protection. From its offices in the U.S. and Europe, the company serves the needs of counter-terrorism, public safety, and law enforcement agencies. More information on MSGI is available on the company's website at www.msgisecurity.com. The information contained in this news release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors, including general economic conditions, spending levels and other factors could cause actual results to differ materially from the Company's expectations. -----END PRIVACY-ENHANCED MESSAGE-----