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View Systems Targets $5.5 Billion Hair Restoration Market

Thursday, 26 October 2017 11:45 AM

View Systems, Inc.

Topic:

BALTIMORE, MD / ACCESSWIRE / October 26, 2017 / View Systems, Inc. (OTC PINK: VSYM) today informed investors that, in addition to other high-growth markets, that VSYM subsidiary, Medical Therapeutics, would aggressively compete in the hair restoration market, expected to reach $3.9B in 2019 and $5.5B by 2024.

Martin Maassen, MD, Medical Director of Medical Therapeutics and Chairman of View Systems, states, "The beauty of Medical Therapeutics business model is the ability to target adjacent market segments. Most of our customers who seek treatment for age-related conditions are also interested in improving their appearance and aesthetics. We will aggressively target the hair restoration market, which will provide a sizable additional revenue stream." Medical Therapeutics is now providing PRP (platelet-rich plasma) therapy for hair restoration and other medical therapies. According to Dr. Rajesh Vasu, an aesthetic plastic surgeon at Century Hospitals, PRP "is being viewed as the treatment of the future as there are lots of advantages and surgery in some cosmetic procedures can be avoided."

About View Systems:

View Systems, Inc. is entering new and additional markets to include boutique medical clinics offering a variety of specialized procedures to appropriate patient demographics.

Safe Harbor Statement:

This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward-looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.

CONTACT:

View Systems, Inc.
410-242-8439
www.viewsystems.com

or

Medical Therapeutics
410-449-3200
www.maletherapeutics.com

SOURCE: View Systems, Inc.

Topic:
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