Ballantyne Strong will display new cloud-based video security services at an April security industry conference. The Omaha firm said it will provide clients access to security cameras and videos through a web browser or mobile device. The company traditionally sold movie projector equipment and is diversifying its business with networked equipment monitoring and advertising and communications screen technology.
The company said the new video security services follow a reseller agreement with video surveillance equipment manufacturer VIAAS. Its video security solutions business will be led by Josh Galley, vice president of the Strong Technology Group.
“We are very excited about our entrance into the physical security market, as it has significant growth opportunities and will enable us to leverage our existing infrastructure,” said Gary Cavey, president and CEO of Ballantyne Strong. “Our existing field services group will handle installations of the video cameras and our Network Operations Centers will provide the managed services for video event monitoring. We believe our new video surveillance solutions will provide excellent opportunities to diversify our revenue mix and increase the base of recurring revenue in our managed services business.”
The services will be demonstrated at the 2014 ISC West exhibition from April 2 through April 4 in Las Vegas.
Ballantyne Strong will report fourth-quarter 2013 financial results on March 14.
Source: omaha.com