VideoIQ Announces Record Growth in 2010

BEDFORD, Mass., Jan. 11, 2011 /PRNewswire/ -- VideoIQ, the leader in video surveillance innovation, today announced record results for 2010, more than doubling its customer base and unit shipments vs. 2009.  VideoIQ's record growth was fueled by strong adoption of new products launched in 2010, including the iCVR-HD High Definition line of dome cameras with full onboard NVR storage, the iCVR standard definition line of indoor and outdoor dome cameras with full onboard NVR storage, and the iCST line of streaming cameras and encoders.

Highlights from 2010 include:

• More than 100% growth in total customers
• More than 175% growth in repeat customer transactions
• More than 100% growth in units shipped
• Shipment of the revolutionary line of iCVR-HD high definition 1080p/30fps systems
• Shipment of the indoor/outdoor line of iCVR standard definition dome systems
• Shipment of the iCST line of streaming cameras and encoders
• Enterprise Partnership with Niscayah
• GSA schedule 84 inclusion
• New Technology partnerships with Aviligion, Fluidmesh and Vidsys, adding to VideoIQ's enterprise integrations with Milestone, Genetec, OnSSI, and many others.

Customer Acquisition

During 2010, VideoIQ's customer list continued to grow at record pace, resulting in over 100% growth in total customers from the end of 2009.  Growth was experienced in all major markets including education, utilities and energy, financial services, housing authorities, industrial and commercial within both North America and international markets. 2010 highlights include major competitive wins in utilities and energy, critical infrastructure, housing authorities, industrial sites and gated communities.

iCVR-HD High Definition Line of Cameras with Full Onboard NVR Storage

VideoIQ launched a revolutionary line of iCVR-HD high definition dome cameras with full 1080p resolution and frame rate, zero bandwidth 500GB recording, full megapixel analytics and support for IQTrack™ - automatic digital PTZ zoom and track. With the only full megapixel analytics available on the market, VideoIQ iCVR-HD cameras deliver over two times the range and three times the field of view of any D1 analytic solution.  And with up to half a terabyte of intelligent, onboard Network Video Recorder (NVR) storage within each camera, iCVR-HD high definition cameras eliminate the need for expensive storage and separate high capacity networks – reducing deployment costs, system complexity, infrastructure, time and resources.  Finally, VideoIQ's embedded, adaptive analytics automatically calibrate in minutes, delivering superior real-time threat detection and forensic evidence at no additional cost.

iCVR Standard Definition Line of Indoor and Outdoor Cameras with Full Onboard NVR Storage

VideoIQ launched a complete line of cost effective indoor and outdoor standard resolution iCVR dome cameras with full onboard NVR storage.  The iCVR line of standard resolution dome systems deliver state of the art video quality, superior lens options, powerful analytics, zero bandwidth 160GB standard recording and a powerful video management system.  With standard 160GB of intelligent, onboard NVR storage within each camera, iCVR dome cameras eliminate the need for expensive centralized storage and high capacity networks – reducing deployment costs, system complexity, infrastructure, time and resources.  Additionally, VideoIQ's embedded, adaptive analytics automatically calibrate in minutes, delivering superior real-time threat detection and forensic evidence at no additional cost.

iCST Line of Streaming Cameras and Encoders

VideoIQ launched a line of iCST streaming cameras and encoders delivering state of the art video quality, superior lens options and powerful analytics.  Designed for central storage environments, VideoIQ streaming cameras and encoders include VideoIQ's award winning embedded adaptive analytics, delivering superior real-time threat detection.  Finally, VideoIQ's iCST cameras and encoders, along with the award winning line of iCVR standard resolution and high definition cameras and encoders, are pre-integrated with leading video management platforms to meet individual customer needs.

Partnership with Niscayah US

VideoIQ and Niscayah US entered into a formal partnership, providing joint customers with a comprehensive solution for intelligent, proactive video surveillance and distributed storage.  VideoIQ's line of award winning cameras and encoders combined with Niscayah's premier service deliver new levels of security and more scalable system design to joint customers.

GSA Schedule 84 Inclusion

VideoIQ's line of iCVR dome cameras, iCVR encoders and iCST line of streaming cameras and encoders were added to the General Services Administration's (GSA) Schedule 84.  The GSA Schedule Program offers local, state and federal government agencies a simplified process for obtaining the latest information technology quality products and services.  With VideoIQ's inclusion, government organizations have even greater access to VideoIQ's award winning surveillance systems, helping maximize public security investments while minimizing costs.

Technology Partnerships with Avigilon, Fluidmesh and Vidsys

VideoIQ continued to expand its extensive list of technology partnerships and added key relationships with Avigilon, Fluidmesh and Vidsys.  With a comprehensive list of integration and solution partners, customers are able to easily integrate VideoIQ's award winning technology into their existing systems, or design a solution to enhance security and meet their individual needs.

"VideoIQ now stands as the clear leader in decentralized storage and proactive surveillance," said Scott Schnell, president and CEO of VideoIQ.  "Throughout 2010, we saw mainstream integrators and customers deploy both edge storage and analytic solutions in large and small installations because of the significant return on investment.  And with the recent introduction of our line of high-definition, full 1080p solutions, we're seeing customer adoption rates further accelerate."

About VideoIQ

VideoIQ is the leading innovator in intelligent video surveillance.  VideoIQ's award-winning IP surveillance cameras and encoders include the most advanced, adaptive analytics in the industry, onboard NVR storage and enterprise class video management.  Now, VideoIQ is delivering a new standard in megapixel surveillance, with zero bandwidth recording and full megapixel analytics.  VideoIQ's simple and powerful surveillance solutions allow customers to pro-actively secure their most important assets across commercial, education, industrial, transportation, telecommunications and government markets.  Learn more at www.videoiq.com today.

SOURCE VideoIQ