U.S. Department of Justice Announces a Multi-Million Dollar Program to Begin Equipping Police Departments with Body Cameras as Wireless Video Technology Make Notable Advancements
CORAL SPRINGS, Florida, May 13, 2015 /PRNewswire/ --
A nationwide demand for intelligent, high tech video cameras & intellectual property for body cameras that are small yet highly visible experience a surge in popularity as innovative technologies are introduced into the markets municipal and governmental agencies. Video - Tech Companies in focus today are: DirectView Holdings, Inc. (OTC:DIRV), Taser International, Inc. (NASDAQ:TASR), Digital Ally Inc. (NASDAQ:DGLY), Sony Corporation (NYSE: SNE) and GoPro, Inc. (NASDAQ: GPRO)
DirectView Holdings, Inc. (OTC:DIRV), a company focused on ownership and management of leading video and security technology companies, announced that its planned body camera integration with xG Technology, Inc. (NASDAQ: XGTI) ("xG"), a developer of wireless communications and spectrum sharing technologies, was highlighted during a news segment broadcast by Sarasota, Florida Local ABC News Affiliate WWSB on the May 8, 2015 5:30 PM edition of its news program. ABC Video: https://www.youtube.com/watch?v=HsL6sIDyiQE&feature=youtu.be
Read the full DIRV press release at http://www.financialnewsmedia.com/profiles/dirv.html
The segment featured an interview with xG's VP of Marketing, Mr. Daniel Carpini, who discussed the benefits of combining xG's secure and reliable wireless video communications technology with Directview's body camera. DirectView and XG have recently entered into an agreement to integrate xG's xMax technology with DirectView's state of the art body worn camera. The integrated product (code named the "DVXG-1000") is scheduled to be launched in the third quarter of 2015. Both companies intend to initially focus joint marketing efforts toward the law enforcement, military, government, education and real estate security markets. The segment can be viewed at https://www.youtube.com/watch?v=HsL6sIDyiQE&feature=youtu.be.
In other security camera news and developments: Taser (NASDAQ:TASR) announced a large order for its Axon officer-worn camera system from the Louisville, Ky., Metro Police Department. The order includes 988 Axon Flex cameras and the Evidence.com evidence storage and management system. It also includes computer-aided design (CAD) integration and Taser's MediaSolv closed-circuit TV (CCTV) and photo management system. Shares of Taser, which is on the IBD 50 list of top-rated stocks, were down slightly after the order announcement in Tuesday trading on the stock market today.
Taser last week bought MediaSolv for up to $13 million including milestones, expanding Taser's reach in the officer-worn digital camera market. MediaSolv sells a line of cameras and digital evidence management systems similar to Taser's. Both Taser and smaller rival Digital Ally (NASDAQ:DGLY) have seen orders spike recently amid a series of highly publicized violent situations involving police, including the shooting deaths of two Mississippi police officers over the weekend. Calls for police to wear cameras have risen after the deaths of several unarmed black men during or after confrontations with police. Read More At Investor's Business Daily: http://news.investors.com/business/051215-752148-taser-gets-order-for-wearable-axon-cameras.htm#ixzz3ZxujEZvW
Sony Corporation (NYSE: SNE) Security Camera Announcement: Sony's SNC-VM772R, the company's newly announced 4K flagship surveillance camera, which is being shown for the first time at ISC West 2015. Sony's first 4K security camera, which features resolution that is four times higher than Full HD (1080p), provides increased detail, precision and clarity. Video can be magnified and examined down to the slightest detail, like facial features or license plates. In addition, it allows users to simultaneously monitor a large area and a specific object. The SNC-VM772R features a 1.0 type back-illuminated Exmor R CMOS image sensor and bandwidth optimization. It targets various applications including city surveillance, transportation, education, corporate facility and airport surveillance. Benefits include enhanced visibility, low light sensitivity, reduced total system costs, region of interest cropping, intelligent scene capture, bandwidth reduction and flexible and easy installation. Read the full details at http://us.sourcesecurity.com/news/articles/co-8971-ga-co-9935-ga-co-3194-ga.17257.html
GoPro, Inc. (NASDAQ: GPRO), enabler of some of today's most engaging content, announced back in late April an agreement to acquire Kolor, a leader in virtual reality and spherical media solutions. All Kolor employees will join GoPro and will maintain operations at their headquarters in Savoie, France. Spherical media enables a range of immersive viewing experiences and is an essential building block of virtual reality (VR), a technology poised to transform entertainment, education and other industries. Kolor's solutions enable users to combine multiple photographs or videos to produce high-resolution panoramic or spherical content that can be enjoyed on mobile devices, the web or in a virtual reality environment.
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