Industry Veteran Joins Iveda Solutions as Director of Sales

Mesa, AZ (August 12, 2008) – Iveda Solutions announced today that industry veteran, Ray Palomaa, has joined the company as Director of Sales.

Iveda Solutions is a full-service IP (Internet Protocol)-video surveillance company, specializing in video hosting and real-time video monitoring services to the private and public sectors. Established in 2005, this emerging-growth company is launching a major marketing campaign.

The company is gearing up for this launch by beefing up its infrastructure and personnel. Ray’s mandate is to grow and manage the company’s direct sales and reseller distribution channel.

“Iveda Solutions is fortunate to have a senior sales executive on our team with over 25 years of high-technology sales, business development, and channel management experience,” said David Ly, President and CEO of Iveda Solutions. “What’s more, Ray spent the last eight years in the IP Camera/Video Surveillance Industry,” added Ly.

Most recently, Ray was Vice President of Sales for National Accounts and Distribution at IQinVision, known for its megapixel IP cameras. As a founding member of IQinVision, he was instrumental in helping build the company into a market leader.

“I am very pleased and excited to be joining Iveda Solutions. Their innovative security products and unique approach to the market, as well as commitment to service excellence and the quality of their people, position them for outstanding growth. I look forward to utilizing my experience in the network video surveillance industry to help build the sales organization and expand channel partnerships,” says Ray.

“I am delighted that Ray has decided to join us as our new Director of Sales. His leadership skills, market knowledge, and passion for success provide a solid foundation for Iveda Solutions to build our sales team and capitalize on growth opportunities in the IP Surveillance market,” added Ly.

About Iveda Solutions

Iveda Solutions specializes in real-time Internet-based video surveillance services, using a combination of network cameras, a secure data center, and intervention specialists. This proactive versus after-the-fact security solution, monitors facilities live, analyzes, and proactively responds to situations in real-time. The human intervention behind the technology makes the difference. Iveda Solutions utilizes Iveda DSR™, a proprietary reporting system that provides customers a detailed daily report of events. Iveda Solutions is based in Mesa, AZ. For more information, call 480-307-8700 or visit www.ivedasolutions.com.

Contact:

Luz A. Berg
Iveda Solutions
Chief Operating Officer & CMO
lberg@ivedasolutions.com
Phone: 480 307-8700
Fax: 480 962-1251