For Immediate Release
Mesa, Ariz. (January 8, 2014) – Iveda Solutions, Inc. (OTCBB:IVDA) (the “Company”), the pioneer in cloud video hosting technology, today announced that the Company will henceforth conduct its business as “Iveda.”
“For some time now, customers, vendors and others have been referring to our company as Iveda,” said Luz Berg, COO and CMO of Iveda Solutions, Inc. “We simply want to make it official. It is easier for people to remember ‘Iveda’ because it isn’t the mouthful that ‘Iveda Solutions’ is.”
Founded in 2003, Iveda Solutions, Inc. is an established, innovative company that delivers secure, open source, enterprise-class managed video services by leveraging the power of cloud computing.
The Company’s name, which was inspired by the word “veda” (“see” in Italian), is perfectly aligned with the company’s business – providing real-time IP video surveillance services.
“Iveda has created a solid organization, including an enterprise-class, cloud-based video hosting architecture that supports the scalability, flexibility and centralized video management requirements of its customers,” continued Berg. “Users of Iveda’s technology platform are able to remotely access centrally managed ‘live’ and recorded video without having to purchase and maintain software and on-site recording equipment. Iveda delivers the true essence of video surveillance through cloud computing, like no other.”
Iveda continuously innovates and remains committed to its vision of providing cloud-based video surveillance services on a global scale.
Iveda and Iveda Solutions are registered trademarks of Iveda Solutions, Inc. All other trademarks are property of their respective owners.
About Iveda Solutions, Inc.
Iveda Solutions, Inc. (OTCBB:IVDA) is a premier cloud video hosting service provider, a technology innovator, and a provider of enterprise-class Video Surveillance as a Service (“VSaaS”) solutions. The Company has received a SAFETY Act Designation from the Department of Homeland Security as a Qualified Anti-Terrorism Technology Provider.
The Company is headquartered in Mesa, Arizona and has a subsidiary in Taiwan (MEGAsys). Its common stock trades on the OTC Bulletin Board and OTCQB under the symbol “IVDA”. For additional information call (480) 307-8700 or visit www.ivedasolutions.com.
This release includes forward-looking statements. Actual results may vary materially from those expected. Iveda Solutions’ business is subject to significant risks and uncertainties described more thoroughly in the Company’s SEC filings, including but not limited to its report on Form 10-K for the year ended December 31, 2012 and its subsequently filed quarterly reports on Form 10-Q. All forward-looking statements made herein are qualified by such risk factors, and readers are advised to read consider such factors carefully. Iveda Solutions undertakes no obligation to revise these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Carrie R. Foote
Public Relations Manager
RJ Falkner & Company, Inc.
Investor Relations Counsel