Company Also Provides Update on Integrating Video Platform for Body-Worn Cameras
MESA, Ariz. (October 6, 2014) – Iveda® (OTCQB: IVDA), a leading enabler of cloud video surveillance solutions through its Sentir™ platform, today announced that it has launched a virtual roadshow to broaden awareness of the Company’s revenue model and growth prospects among the investment community.
“As the Company focuses on enabling mass distribution of plug-and-play video surveillance through service providers, harnessing the power of the cloud for easy setup, access and management by the consumer, we are excited to share our proprietary technology value proposition to the investment community,” said David Ly, chairman and CEO of Iveda. “With agreements already signed with two significant telecom companies and a strong pipeline of potential international partners in place, we are poised to execute on our strategy of working with telecoms, data centers, and cable and Internet service providers to bundle Sentir functionality for their millions of customers. As we reach an inflection point in our business, Iveda is committed to taking aggressive actions to engage new and existing investors.”
To access an on-demand stream of the Webcast and accompanying presentation, visit the Investor Relations section of Iveda’s Web site or click here: http://mitech.iveda.com/investor-relations/corporate-profile-stock-quote/.
Update on Body-Worn Cameras for Law Enforcement
As an extension of Iveda’s core business, the Company announced on August 26, 2014, that it is working with domestic and foreign body-worn camera manufacturers to integrate its live, mobile video streaming application software for instantaneous video recording to the cloud.
Iveda and a Southeast Asia manufacturer have developed a software development kit, or SDK, for live streaming and archiving of the manufacturer’s body worn camera with Iveda’s Sentir cloud video platform. The manufacturer is planning to market the new integrated cloud video capabilities to its existing global distribution channels. This will allow law enforcement agencies to centrally manage video transmitted from hundreds or thousands of officers in the field for real-time situational assessment and instantaneous viewing of recorded video. This method is a game changer – providing highly-efficient video collection from the field and immediate availability for viewing.
Iveda is a registered trademark of Iveda Solutions, Inc. Sentir is a trademark of Iveda Solutions, Inc.All other trademarks are property of their respective owners.
Iveda® (OTCQB:IVDA) enables cloud video surveillance via its Sentir™ Software as a Service (SaaS) video management platform, utilizing proprietary video streaming and Big Data storage technology. Iveda enables a recurring revenue model by licensing Sentir to organizations for plug-and-play cloud video offering to their customers. Iveda has a SAFETY Act Designation from the Department of Homeland Security as a Qualified Anti-Terrorism Technology Provider. Iveda is headquartered in Mesa, Arizona with a subsidiary in Taiwan. Iveda is publicly traded under the ticker symbol “IVDA.” For more information call (480) 307-8700 or visit www.iveda.com. To follow Iveda visit www.facebook.com/ivedasolutions, www.twitter.com/ivedasolutions or www.linkedin.com/company/iveda-solutions.
This release includes forward-looking statements. Actual results may vary materially from those expected. Iveda’s 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, 2013 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 consider such factors carefully. Iveda 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.
Luz A. Berg
Chief Marketing Officer