IntelliVision and ObjectVideo Enter Into Global, Portfolio-Wide Patent License
RESTON, Virginia, Feb. 25, 2013
RESTON, Virginia, Feb. 25, 2013 /PRNewswire/ -- ObjectVideo, Inc., announced
today that IntelliVision of San Jose, CA has joined the growing number of
video analytics leaders as licensees of ObjectVideo's patent-portfolio.
(Logo: http://photos.prnewswire.com/prnh/20130109/PH39430LOGO )
The agreement gives IntelliVision a global, portfolio-wide license to the full
portfolio of ObjectVideo patents and ensures IntelliVision complete freedom to
expand and grow its already broad portfolio of Video Intelligence and
Automated Monitoring solutions for the life of the agreement.
"We are pleased to have entered into a global, portfolio-wide license
agreement with IntelliVision, one of the early pioneers in the video analytics
arena. They are a strong partner for OV and for the many IP Camera, encoder
and VMS providers they serve," said Raul Fernandez, chairman of ObjectVideo.
"This agreement provides certainty for our partners and customers and gives
IntelliVision greater flexibility to continue to innovate and grow as an
analytics leader," said Vaidhi Nathan, CEO, IntelliVision Corp.
IntelliVision is the ninth licensee to join ObjectVideo's patent licensing
program; other licensees include Panasonic, Sony Corporation, Pelco by
Schneider Electric, Bosch Security Systems, Tyco Security Products' American
Dynamics business unit and VIVOTEK. ObjectVideo holds 52 U.S. and
international patents and has 40 U.S. and international patents pending.
About ObjectVideo, Inc. ObjectVideo is a leading innovator in intelligent
video software, utilized by organizations worldwide to enhance security,
streamline operations and provide business intelligence. ObjectVideo's
patented technology can be effectively deployed anywhere within a video system
and is available to market through leading providers as a high-value component
of the surveillance solution. To stay up-to-date on ObjectVideo news, please
click HERE .
About IntelliVision IntelliVision is one of the pioneers in the video
analytics with a wide variety of solutions for security, surveillance and
retail markets. IntelliVision products are used with security and monitoring
systems, IP Cameras, VMS and DVR systems. For more information:
media contact: Victoria PalleyObjectVideo, Inc. +1 703 654 9394
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