Corporate News
WavestoreUSA Appoints Susan Brady To Lead Marketing Efforts
WavestoreUSA, a provider of professional digital video and audio recording solutions for video surveillance applications, has appointed Susan Brady as Marketing Manager effective immediately. She reports to Mike Scirica, President, WavestoreUSA. Brady is a seasoned industry professional who most recently served as Managing Director of IP UserGroup USA. Previously, Brady was Editor-in-Chief of Security Dealer […]
Kratos Receives $7.8 Million Mass Transportation Security Contract Award
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its Public Safety & Security (PSS) Division recently received a new $7.8 million critical infrastructure security system contract award. Under the contract award, Kratos will design, engineer, deploy, and integrate into command and control infrastructure a leading technology security […]
French Perimeter Solutions Provider Sorhea Acquires Protech
Perimeter security solutions manufacturer Sorhea has acquired Reno, Nev.-based Protech, which specializes in high-security outdoor intrusion sensors, expanding the global reach of the French company, which does business in Europe, the Middle East and North Africa. “The merger with Protech further increases Sorhea’s market share in the USA, Canada and the Americas,” said Eric Thord, president […]
Pelco By Schneider Electric, icomply Enter Technology Partnership
Pelco by Schneider Electric announced a new technology partnership with UK-based icomply and the integration of their V-TAS Pro platform into their product range. icomply has seen excellent success with their V-TAS Pro system—a PSIM integration platform designed to provide integration solutions for a wide range of applications, from government and retail to transportation. icomply’s […]
ONVIF Introduces New Observer Level Membership
ONVIF is adding a new membership level to its membership structure called the Observer level, which encompasses consultants, systems architects and engineers and members of the media. The addition of the Observer level membership grants these individuals certain benefits within ONVIF, key among them the opportunity to access network interface specification test tools to become more familiar with the ONVIF interface without participating at the same level as a manufacturer. Observer members will be able to independently test products to determine their conformance with ONVIF Profiles to better enable consultants, engineers and media to impartially evaluate different products. “We recognise the importance of making ONVIF as inclusive as possible to those wishing to participate in the conformance verification process,” said Per Bjorkdahl, Chairman of ONVIF’s Steering Committee. “Through the addition of this fourth membership level, we are granting more individuals access to ONVIF’s test tools and empowering them to independently authenticate Profile conformance on products they wish to present to their clients or readers.” There are more than 2,700 ONVIF-conformant products on the market covering Profile S for video and audio streaming, and the recent release of Profile C for physical access control enables manufacturers to claim conformance for Profile C conformant products. ONVIF currently has three other membership levels to accommodate individual levels of participation: user member, contributing member and full member. Full and contributing members can actively influence the development of the standard by participating in the work of the forum. The user member level is open […]
Source www.securityworldhotel.com
Milestone Hires New Directors For Marketing And Distribution
Milestone Systems, the open platform company in IP video management software (VMS), has hired Inger Holm Vinther as Director of Corporate Marketing and Kitty Van Der Sluis as Director of Sales Distribution in Europe, the Middle East and Africa (EMEA). Christian Bohn, VP Alliances and Corporate Marketing, says: ?Inger?s experience from marketing positions at large […]
AxxonSoft Teams Up With Inalarm For Market In Latin America
Source: AxxonSoft | Date: 03/11/2014 Related tags: Axxon AxxonSoft Latin America via its office in Mexico announces the start of a new partnership with Inalarm, a leading distributor on the Mexican electronic security market. The launch event, which will be held in Mexico City, will bring together entrepreneurs and technicians from 50 local companies and integrators. The alliance with Inalarm is a strategic step that will strengthen the position of AxxonSoft products in the region. Mexico is one of the largest and most dynamic markets in Latin America and the Caribbean, and the momentum, prestige, and experience of Inalarm are sure to propel the Axxon Next VMS to the forefront of the Mexican market for video management software. While AxxonSoft and Inalarm may be best known for their dedication to electronic security, in their alliance they have also paid attention to the needs of Mexico for social security. The companies will help the neediest children of Mexico through the Mission 500 initiative, which was founded in 2012 by security industry publications to provide for underprivileged and disadvantaged children. By purchasing Axxon Next licenses through Inalarm, clients will be automatically contributing to efforts to help children in need.
Source www.asmag.com
WavestoreUSA Names Performance Reps As New Manufacturer’s Rep Firm For Southwest
WavestoreUSA, a provider of professional digital video and audio recording solutions for video surveillance applications, has named Performance Reps as a new manufacturer?s representative covering the Southwest United States. Headquartered in Rockwall, Texas, Performance Reps is led by a team of seasoned industry and technology experts. The rep firm provides responsive service and value to […]
Apollo Video Technology Celebrates 10-Year Anniversary
Monday, 10 March 2014 11:20 BOTHELL, Wash. — Apollo Video Technology, a supplier of mobile video surveillance systems for transit and school buses, is celebrating its 10-year anniversary today. Since its inception in 2004, Apollo Video has provided industry-leading technology advancements for mobile video surveillance systems for transit, rail, law enforcement and government applications. Incorporating fleet-wide management, advanced networking capabilities and the highest quality video recording, Apollo Video’s solutions have been deployed at over 350 organizations worldwide. This represents sales of over 20,000 of the company’s flagship product, the RoadRunner digital video recording system. The RoadRunner system features onboard cameras for monitoring video and audio surveillance inside and around school buses and transit buses. Combining powerful and durable hardware solutions with sophisticated software, the system delivers streamlined and fleet-wide management to increase accessibility of data, reduce maintenance and operating costs, improve fleet efficiency, and mitigate risk and liability. “It’s incredible to see the developments that have been made in technology over the past 10 years,” said Rodell Notbohm, CEO and founding partner of Apollo Video. “I am honored to be part of such a great team of employees that continue to spearhead advancements in this industry. Maintaining great relationships with our customers, learning about their challenges and creating solutions to solve their specific needs has been pivotal to our success.” To keep up with growing market demands, Apollo Video continues to expand staffing and in 2013, moved to a larger facility to allow for greater manufacturing capabilities and faster production. […]
Source www.stnonline.com
Avigilon Stock Price Target Raised to C$40.00
Share on StockTwits Avigilon logo Research analysts at Pi Financial boosted their price target on shares of Avigilon (TSE:AVO) from C$38.00 to C$40.00 in a report released on Wednesday, American Banking & Market News reports. Pi Financial’s price target points to a potential upside of 22.96% from the stock’s previous close. Avigilon ( TSE:AVO ) traded down 2.15% on Wednesday, hitting $31.83. 281,264 shares of the company’s stock traded hands. Avigilon has a 52-week low of $11.01 and a 52-week high of $34.50. The stock has a 50-day moving average of $31.17 and a 200-day moving average of $25.. The company has a price-to-earnings ratio of 69.21. A number of other analysts have also recently weighed in on AVO. Analysts at Raymond James upgraded shares of Avigilon from a “market perform” rating to an “outperform” rating in a research note on Wednesday. They now have a C$35.00 price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of Avigilon from C$31.00 to C$32.00 in a research note on Wednesday. They now have a “sector perform” rating on the stock. Finally, analysts at CIBC raised their price target on shares of Avigilon from C$50.00 to C$55.00 in a research note on Wednesday. They now have an “outperform” rating on the stock. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price […]
Source www.dailypolitical.com
NIST Guide Aims To Ease Access Control
Advice on how to encourage information sharing while preserving control over access to data is provided in a new special publication from the National Institute of Standards and Technology. NIST Special Publication 800-162 is titled Guide to Attribute-Based Access Control Definition and Consideration . Attribute-based access control, or ABAC, is a logical access control methodology where authorization to perform a set of operations is determined by evaluating attributes associated with the subject, such as a user or employee; an object, such as specific computerized resource; and requested operations. The flexibility of the ABAC model allows the greatest breadth of subjects to access the greatest breadth of objects without specifying individual relationships between each subject and each object, according to the NIST guidance. "Access decisions can change between requests by simply changing attribute values, without the need to change the subject/object relationships defining underlying rule sets," says NIST Computer Scientist Vincent Hu, who co-wrote the guidance. "This provides a more dynamic access control management capability and limits long-term maintenance requirements of object protections." Example on How ABAC Works NIST offers the following scenario to describe the workings of ABAC: Nancy Smith, a nurse practitioner in a hospital’s cardiology department, is the subject, and when hired at the medical center, she is assigned a set of attributes: her name, title and department, for instance. She’s assigned access to an object, in this case, medical records of heart patients. Resources may receive their attributes either directly from their creator or as a […]
Source www.databreachtoday.eu
ONVIF On Access Control: Profile C
ONVIF , the US-based global standardization initiative for IP-based physical security products, announced the final release of Profile C, which covers physical access control. Through Profile C, instalers, specifiers and consultants can achieve interoperability between clients and devices of physical access control systems (PACS) and network-based CCTV. With this release, including the availability of the Profile C Test Tool, manufacturers are now able to introduce Profile C conformant products to the market. With Profile C, according to the standards body, compatibility between access control edge devices and clientsmeans installations simplified and training time diminished because of the reduced need for multiple proprietary monitoring systems to handle devices. Profile C conformant devices within the access system provide door and access point information related to basic door control such as locking and unlocking, when a door has been accessed and other door monitoring tasks. Per Björkdahl, Chairman of ONVIF’s Steering Committee, said: “Extending the ONVIF interface into other areas of physical security emphasizes ONVIF’s recognition that systems designers need a consistent interface to enable seamless integration within their security systems . With the release of Profile C for access control, integrators and specifiers can be confident that products bearing the Profile C mark will work together, ultimately enabling a better physical access control solution or integrated access and video system for their clients.” Profile C can also be combined with ONVIF Profile S for video and audio streaming so that users can group related access and video devices, sharing the same […]
Milestone Signs Sales Representation Agreement With Latin America RepGroup
Published on 4 Mar, 2014 The agreement between Milestone Systems and Latin America RepGroup has taken effect as of March 1, 2014 The partnership aims to promote and strengthen trade relations with dealers and systems integrators in Latin America Milestone Systems , the open platform company in IP video management software (VMS), announces that the Latin America RepGroup (LAR) has signed a sales representation agreement that includes all of the Latin American regions. LAR is the largest manufacturers’ representative for electronic security in Latin America. Milestone and LAR have signed a representation agreement for all of the Latin American and Caribbean territory. This partnership is being realised with the aim to reinforce the sales and go-to-market activities that these two companies undertake to promote and strengthen trade relations with major dealers, systems integrators and end users in the security sectors of Latin America. Eric Fullerton, Chief Sales & Marketing Officer at Milestone Systems, says: “We see a commoditisation going on in the IP video space. For Milestone it becomes a question of achieving a broader and deeper presence in the local markets to deliver better service to our partners and customers – not just as a pure technology sales approach but with more people interaction to sell solutions locally.” “We will provide higher touch levels with more ‘feet on the street’ and better service for our Latin American partners, who are the differentiating factor in our 2-tier business model,” adds Manuel Nylen, Milestone’s Vice President of Field Sales, Americas. […]
Source www.sourcesecurity.com
Ubiquiti Networks Settles Over U.S. Sanctions Violations
[Joel Schectman] Ubiquiti Networks Inc., a maker of wireless hardware and video surveillance equipment, agreed to pay a $504,225 penalty to settle apparent U.S. sanctions violations for allowing its hardware to be sold in Iran, according to a company filing. The case illustrates how small companies can run afoul of compliance rules as they seek to expand in new markets. Ubiquiti “demonstrated reckless disregard for U.S. sanction” law, and allowed its wireless equipment to be exported into Iran through distributors located in the United Arab Emirates and Greece, according to a release from the U.S. Office of Foreign Assets Control. The firm had no compliance program at the time, according to the release. And even after Ubiquiti learned that the transactions broke U.S. law, the company allowed them to continue for another year, until February 2011, OFAC said. The company said, in a filing released Thursday, that until early 2010 it didn’t prohibit its distributors from selling its products to Iran. After it learned of the potential violations, the company said that it failed to immediately “amend all its distribution agreements and to implement more robust compliance controls.” Ubiquiti first made the issue of possible violations public in 2011, as it prepared for its initial public offering. As part of its IPO prospectus, the company said it hadn’t been sufficiently familiar with export control laws because of its small size and the “inexperience of our management team in these matters,” Reuters reported . As of June 2013, the company had just 111 […]
Source blogs.wsj.com
PSA?-TEC @ ISC
PSA TEC @ ISC PSA Security Network is dedicated to providing systems integrators with the necessary training to be successful in business, service, system design, installation and deployment. Join PSA in their full track of sessions on Tuesday, April 1st: The Top 10 Lessons Learned Implementing IP Centric Solutions 8:30 am – 10:00 am Implementing IP centric solutions can involve multiple system types and opportunities for all kinds of custom options. This session focuses on the top 10 lessons learned by integrators and other solutions providers for implementing IP centric solutions. Join us to educate yourself on the most common pitfalls in IP implementations, how to remedy a mistake and prevent your team from making the same mistakes others have made before it’s too late. Learning Objectives: Identify and avoid the most common pitfalls in IP implementations. Get back on course after a mistake or “Please return to the highlighted route. Develop prevention strategies to help your team avoid the common pitfalls. Dealing with the GC Dilemma 10:15 am – 11:15 am Moderator: John DeGeorge Speakers: Jim Henry, Phil Aronson, Chad Parris, Daniel M. O’Neill It is not uncommon for a security project to be well conceived, competently designed, and properly specified. Manufacturers, specifiers and integrators of choice may well be on the same page, only to have the project fail in its goal of providing the level of security envisioned. Why? Often, it’s because the owner has delegated the oversight responsibility to a third party representative or […]
Source www.iscwest.com
Wavestore Partners WIth BTI to Drive Sales Opportunities In Canada
SOURCE: NXT-ID March 04, 2014 10:39 ET Wocket™, a Next Generation Biometrically Secure Smart Wallet and 3D-ID Facial Recognition Technology to Be Discussed in Presentation to Live Audience and Online Media SHELTON, CT–(Marketwired – Mar 4, 2014) – NXT-ID, Inc., ( OTCQB : NXTD ) a biometrics company focused on the growing m-commerce market, announces it will be presenting at the Defense and Security Conference, "Game Changing Technologies," to be held in New York on March 11th at The New York Hilton Midtown. The live conference will also be featured on a streaming live news and syndication platform to global media and industry followers. The Company will join leading experts including Janice Kephart, Founder and CEO of The Secure Identity and Biometrics Association (SIBA) and cybersecurity expert and counterterrorism analyst Roger Cressey, Partner with Liberty Group. Gino Pereira, Chief Executive Officer of NXT-ID, Inc. will discuss the company’s innovative MobileBio™ suite of biometric solutions including its soon to be released Wocket™, a next generation smart wallet designed to replace all the cards in your wallet, with no smart phone required. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. The presentation will also feature the company’s 3D facial recognition technology. The theme of the conference is ‘ Game Changing Technologies: The Face and Future of Security’ and will be discussing developments in biodefense, biometrics including fingerprint, voice and facial recognition, cyber security and other leading edge technologies. Speakers and presenters will discuss […]
Source www.marketwired.com
Hikvision And ObjectVideo Sign Noteworthy Patent Licensing Agreement
HANGZHOU, China and RESTON, Virginia, March 3, 2014 /PRNewswire/ — Hikvision ( SHE: 002415 ), the global leader of video surveillance products and solutions, is pleased to announce the signing of a worldwide patent license agreement with video analytics provider ObjectVideo, Inc. "Hikvision has a rich intelligent video analytics product line. This line plays an important role in both data mining and data services," said Yangzhong Hu, President of Hikvision. "With this agreement with ObjectVideo, Hikvision is able to accelerate the promotion of intelligent video analytics products and solutions in the global market to better serve our customers and partners." "We are very pleased to have Hikvision join our patent licensing program," noted Raul Fernandez, Chairman and CEO of ObjectVideo. "Hikvision is our first partner from China. We believe Hikvision’s continuous investment in the video analytics field will reinforce its already impressive market position." "Hikvision intelligent video analytics product lines include network cameras, PTZ dome cameras, NVRs and video servers. These products have been successfully applied worldwide in city surveillance, transportation, financial institutions, commercial, and industrial vertical markets," said Shiliang Pu, R&D Director of Hikvision. "We will continue to dedicate ourselves to the development of cutting-edge technology for richer solutions." "As the IP security market continues its rapid growth, video analytics stands out as an important piece of the global solution," said Chris Capuano, General Counsel of ObjectVideo. "Hikvision’s ongoing investment in intelligent products with video analytics is further evidence of the importance of this technology." Hikvision is one […]
Source www.finanznachrichten.de
Carlyle To Buy Tyco South Korea Security Unit For $1.93 Billion
March 3 (Bloomberg) — Carlyle Group LP agreed to buy Tyco International Ltd.’s fire and security business in South Korea for $1.93 billion, the country’s largest private-equity buyout deal in U.S. dollar value in more than five years. Tyco is selling Tyco Fire & Security Services Korea Co. and units that form the ADT Korea security business, the company said today. Switzerland-based Tyco said net cash proceeds are expected to be $1.85 billion, and the board added $1.75 billion to its stock buyback authority, for a total of $2 billion. “ADT Korea is a highly stable and profitable business with attractive market positioning, strong brand power and excellent cash flow profile,” Sanghyun Lee, managing director on the Asia buyout team for Washington-based Carlyle, said in a statement. Lee said South Korea’s security industry is “under- penetrated.” Carlyle’s purchase follows investments of more than $920 million of equity in 17 transactions in South Korea as of Dec. 31, 2013 and is also the largest private-equity buyout in the country since 2008, according to the company. The firm’s current and former investments in Korea include KorAm Bank, Hyundai HCN, EO Technics, Tapex and Yakjin Trading. Equity for the transaction will come from Carlyle Asia Partners IV and Carlyle Partners VI, Carlyle said. Carlyle Group has committed debt financing from Korea Exchange Bank, Kookmin Bank, Industrial Bank of Korea, Korea Investment & Securities and UBS AG. Stock Reaction Carlyle fell 2.2 percent to $35.47 at 11:38 a.m. in New York as major […]
Source www.swissinfo.ch
Why Did JANA Partners Open A New Financial Position In Allegion?
Must-know assessment: JANA Partners’ positions in 4Q 2013 (Part 2 of 8) ( Continued from Part 1 ) JANA Partners disclosed a 2.41% new position in Allegion plc (ALLE), a $2 billion security solutions provider for homes and businesses. Allegion has seen hedge fund interest with Trian Partners and DE Shaw holding positions in the stock. Allegion debuted in December last year as a standalone, publicly-traded company following its spinoff from industrial goods manufacturer Ingersoll-Rand (IR). Under the spinoff transaction, approximately 96 million ordinary shares of Allegion were issued to Ingersoll-Rand shareholders. These holders received one ordinary share of Allegion for every three ordinary shares of IR held. Fractional shares that the IR shareholders would otherwise have been entitled to receive were aggregated and sold in the public market. Ireland-based Ingersoll-Rand had confirmed the spin off in December 2012, after a strategic review to improve shareholder and company value. Activist firm Trian Partners, which acquired a 7% stake in Ingersoll-Rand in 2012 and a seat on the company’s board, was instrumental in pushing for a break up of the company that eventually culminated in the spin off of the security business. The division, according to news reports, accounts for 15% of Ingersoll-Rand’s revenue. After the spin off, Ingersoll reported its financial results as two segments—climate and industrial. For the fourth quarter, Ingersoll-Rand reported a profit of $47.6 million, or $0.16 a share, a decline from $235.6 million, or $0.78 a share due to a slowdown in the U.S. construction […]
Source finance.yahoo.com
IBM And AT&T To Develop Internet Of Things Solutions For Smarter Cities
IBM and AT&T to Develop Internet of Things Solutions for Smarter Cities According to a new research by Gartner , The Internet of Things (IoT), which excludes PCs, tablets and smartphones, will generate incremental revenue exceeding $300 billion in services in 2020. The services include hardware, embedded software, communications services and information services associated with the things. IBM is investing heavily on smarter cities initiatives as part of its Intelligent Operations Center , Maximo Asset Management , and advanced analytics capabilities. The Blue Chip company is now partnering with AT&T to develop solutions that support the Internet of Things. The two companies intend to combine their analytics platforms, cloud and security technologies in order to gain more insights on data collected from machines in various industries. The new AT&T and IBM alliance will initially focus on the creation of new solutions for municipalities and medium-sized utilities. These organizations want to integrate and analyze data that arise from the records of facilities such as transport vehicles, utility meters and security cameras and other connected devices. The collaboration is important opportunities for urban planners to create better connected cities including better allocation and distribution of operation and maintenance resources based on information from events such as breakdowns; analysis of the movement of commuters to improve the management of traffic, parking areas, location and number of rescue forces. Urban planners can prepare better and respond to prevent or mitigate potential bottlenecks and other difficulties in the event of an emergency. It will […]
Source cloudtimes.org