Samsung signed as the exclusive South Korea distributor for ioIMAGE intelligent video systems
August 31, 2005 (PRLEAP.COM) Business News
HERZLIYA, ISRAEL − Aug 31, 2005 – ioIMAGE LTD., specializing in development of video-based solutions for the security industry, has announced today that Samsung Group affiliate, Samsung Techwin Co., LTD. has signed an agreement for exclusive distribution in South Korea of ioIMAGE TotalTrack® intelligent-video products. This agreement includes the distribution of existing ioIMAGE products, future OEM, and jointly developed products.ioIMAGE TotalTrack products feature several built-in modules: IntrusionTrack for detecting intruder scenarios, PTZTrack for transforming pan/tilt/zoom cameras into self-directed intruder-tracking systems, Unattended Threat Detection for detecting left-behind baggage scenarios, Object Removal Detection for detecting if an object has been removed, and Stopped Vehicle for detecting parking and stopped vehicle violations.
“Samsung Techwin’s world class business profile and future vision makes them an ideal partner to serve as an ioIMAGE distributor. Their technology and diverse product portfolio is a match that represents true synergy.” said Roni Kass, ioIMAGE’s CEO and founder, “This agreement opens a door to future security, industrial, and military opportunities.”
TotalTrack products, for indoor and outdoor applications, are designed to appeal to a range of public and private sectors including site security, loss prevention, site safety, industrial, and manufacturing markets. TotalTrack products are installed worldwide at sites such as the US Department of Energy Sandia Labs (DOE), US nuclear power plants, Israeli Defense Forces military sites, Israeli Parliament government buildings, high-profile religious institutions, land-border defense, seaports and industrial chemical sites.
VTD™ Powered Products
ioIMAGE Video Threat Detection (VTD™) technology is built into TotalTrack products and provides high-end detection capabilities while maintaining remarkably low false alarm rates. ioIMAGE has leveraged this technology and working with anti-terrorism and loss prevention experts provides cutting-edge threat detection features. These features, designed for real-world security, reduce surveillance workload and drive down security costs.
“The enhancement of surveillance cameras with intelligent video functionality will allow us to provide customers what they need and want – proactive intelligent cameras. This agreement allows us to provide outstanding functionality and proven performance of ioIMAGE products.”, said Mr. Myungho Yoo, General Manager of Samsung Techwin Optics & Digital Imaging Division.
About Samsung Techwin Co., LTD.
Samsung Group affiliate, Samsung Techwin Co., offers a variety of consumer, business and military products and services. It develops, manufactures and sells optics, digital cameras, engines, semi conductor equipment, and defense products.
Samsung Techwin Co., LTD. 647-9, Yeoksam-Dong, Kangnam-gu, Seoul, 135-080, Korea - www.samsungtechwin.com
About ioIMAGE LTD.
Founded in 2000, ioIMAGE is a leading security technologies company and maker of VTD™ technology and intelligent-video TotalTrack® systems.
ioIMAGE LTD., 3 Maskit Street, Herzliya Pituach, Israel 46733 - www.ioimage.com
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Media Contacts:
Daniel Doron
ioIMAGE, Ltd.
Tel: +972-9-9546003
E-mail: daniel@ioimage.com