Avigilon Releases New "Appearance Search" Video Analytics Technology to Transform Video SurveillanceFriday, June 10, 2016
Avigilon's new video analytics technology is a sophisticated search engine that can automatically locate persons, vehicles and objects of interest
Vancouver, BC, June 10, 2016--(T-Net)--Avigilon Corporation (AVO.TO), a provider of security solutions, today announced it will preview the new Avigilon Appearance Search video analytics technology ("Avigilon Appearance Search") at IFSEC International 2016 ("IFSEC"), ExCel Centre stand G950, in London, United Kingdom.
In concert with today's announcement, Avigilon has filed the first in a series of international patent applications covering Avigilon Appearance Search.
"Avigilon Appearance Search is a sophisticated search engine for video data," said Dr. Mahesh Saptharishi, Avigilon's Chief Technology Officer and Senior Vice President. "It empowers security personnel to quickly answer the critical questions - who, what, where and when - with decisive action."
Avigilon Appearance Search, Avigilon's newest video analytics technology, automatically analyzes video data from multiple sources to quickly locate persons, vehicles and objects of interest.
Avigilon Appearance Search has been designed for Avigilon's complete line of video analytics solutions, and for existing customers to upgrade certain legacy products to benefit from this exciting new technology.
Avigilon Corporation provides trusted security solutions to the global market. Avigilon designs, develops, and manufactures video analytics, network video management software and hardware, surveillance cameras, and access control solutions. To learn more about our business, visitwww.avigilon.com.
© 2016, Avigilon Corporation. AVIGILON, the AVIGILON logo, and AVIGILON APPEARANCE SEARCH are trademarks of Avigilon Corporation. Other trademarks mentioned herein are the property of their respective owners.
For further information:
Vice President, Capital Markets & Communications
T: (604) 629-5182
Certain information and statements in this news release contain and constitute forward-looking information or forward-looking statements as defined under applicable securities laws (collectively, "forward-looking statements"). Forward-looking statements normally contain words like 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing' and similar expressions, and within this news release include any statements (express or implied) respecting Avigilon's future product plans, expected product releases, intended product functionality and suitability, and strategies respecting intellectual property protection.
Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions and other factors that management currently believes are relevant, reasonable and appropriate in the circumstances, including, without limitation, Avigilon will be able to attend and introduce its products at the IFSEC International 2016 tradeshow; Avigilon will be successful in prosecuting the patent application it has filed regarding Avigilon Appearance Search; Avigilon will be able to file and prosecute additional patent applications regarding Avigilon Appearance Search as currently planned; Avigilon will be able to design, manufacture, market, and introduce new products and enhance its existing product lines in the manner and on the timelines currently contemplated; and that new products will function as intended and be free of unexpected defects and will be suitable for the intended end users.
Although management believes that the forward-looking statements are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Avigilon's business, as more particularly described in the "Risk Factors" section of Avigilon's Annual Information Form dated March 1, 2016, which is available under Avigilon's profile on SEDAR atwww.sedar.com. Material risks and uncertainties applicable to the forward-looking statements set out herein include, but are not limited to, unforeseen events, developments or factors causing any of the aforesaid expectations, assumptions, and other factors ultimately being inaccurate or irrelevant. Although Avigilon has attempted to identify factors that may cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, predicted, estimated or intended. Also, many of the factors are beyond the control of Avigilon. Accordingly, readers should not place undue reliance on forward-looking statements.
Avigilon undertakes no obligation to reissue or update any forward-looking statements as a result of new information or events after the date hereof except as may be required by law. All forward-looking statements contained in this news release are qualified by this cautionary statement.
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