MESA, Ariz. (April 14, 2015) – Iveda® (OTCQB: IVDA), enabler of cloud video surveillance through licensing the Sentir™ platform, announced today that it has retained Hayden IR, a national investor relations consulting firm, to provide guidance and execute a strategic investor relations campaign designed to increase awareness and enhance shareholder value.
“Global demand for cloud video surveillance is rapidly increasing,” stated David Ly, chairman and CEO of Iveda. “With our cost-effective cloud-based Sentir™ platform and accompanying ‘plug and play’ ZEE® cameras, we have developed a solution that can be easily deployed in any location that has access to the Internet. Over the coming months, we expect to see expanding business volumes as we work with our telecom customers across the globe to support the needs of their end-users. As a result of market opportunity now available to us, we have retained Hayden IR to help us build shareholder value by developing a comprehensive program that expands our visibility within the investment community.”
Brett Maas, Managing Partner of Hayden IR, added, “We are very excited about the opportunity Iveda has created and its growing presence in the rapidly expanding cloud-based video surveillance space. Iveda has built a product offering that generates a monthly recurring revenue stream from Sentir licensing that—combined with camera hardware sales—can scale rapidly with just a handful of initial telecom partners. We look forward to helping Iveda increase its presence within the investment community, and we believe the company has positioned itself to take best advantage of the expanding market opportunity in this nascent space.”
“Hayden IR was referred to us by multiple sources in the institutional investment community as a perfect fit for Iveda as we hit our stride in the execution of our business model towards profitability,” added Ly.
Iveda and ZEE are registered trademarks of Iveda Solutions, Inc. Sentir is a trademark of Iveda Solutions, Inc.
About Hayden IR
With offices in New York, Phoenix, Minneapolis and Seattle, Hayden IR provides a comprehensive range of investor relations services to a growing list of clients. For more than a decade, Hayden IR has been a recognized leader in driving market recognition and creating sustainable competitive advantages for more than 100 micro- and small-cap companies. Hayden delivers expertise and professionalism in such areas as investor management, relationship building, awareness campaigns, online presence and corporate identity. For more information, contact Brett Maas at (646) 536-7331.
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 service providers 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, 2014. 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
Investor Relations Contact:
646 536 7331