Looxcie Restructures Consumer Business

Shifting business focus to Vidcie Live Video Service for Enterprise

News provided by

Looxcie, Inc.

15 Apr, 2014, 10:00 ET

SUNNYVALE, Calif., April 15, 2014 /PRNewswire/ -- Looxcie, Inc. as part of its comprehensive plan to refocus its operations today announced that it will exit its consumer business and focus on live video streaming services for the enterprise.  The decision is based on strong interest from the corporate sector that shows solid demand for a SaaS video streaming solution.

As part of the plan, Looxcie will:

  • Close down the consumer line of cameras, services, and support for the current Looxcie customers and partners.
  • Refocus Looxcie's consumer business and grow the enterprise business under the Vidcie brand.

"We are excited and eager to build our enterprise business," said Romulus Pereira, Looxcie CEO. "As we move forward, our enterprise customers will get the benefits of using our streaming video technology that has been significantly enhanced from our consumer offering."

"Vidcie has become our new brand associated with the live video streaming solutions for our enterprise customers," said David Fleck, VP Marketing.  "The demand we are seeing worldwide shows that aviation, field service, security, and other vertical markets are eager to use our mobile streaming technology in their businesses."

About Vidcie 
Vidcie is a Silicon Valley-based company that provides mobile live video streaming (SaaS) solutions.  The Vidcie Live Video Service provides mobile video collaboration and physical security offerings for enterprise, field service, airlines, government, and public safety. Leveraging hands-free, live streaming wearable video solutions across mobile networks, Vidcie allows companies to stream video from the field to remote experts by delivering a highly portable video solution. For more information, visit www.vidcie.com or call 1-800-935-2600.

SOURCE Looxcie, Inc.

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