On-Net Surveillance Systems Inc.

OnSSI Secures Growth Capital Investment

OnSSI announces the completion of a $16-million private placement by Seacoast Capital, an institutional investor focused on high quality companies based in the USA, with Imperial Capital acting as financial advisor and placement agent. Seacoast’s first investment in the company will be used to leverage OnSSI’s innovative technologies and reputation in large scale VMS to extend their reach into the middle market with an easy to install appliance and to expand the Business Video Intelligence (BVI) business of its affiliate, SeeTec GbmH.