MESA, ARIZ. — (Marketwired) — 12/03/13 — Iveda Solutions, Inc. (OTCBB: IVDA) (the “Company”), the pioneer in cloud video hosting technology, today announced that Amco Auto Insurance (“Amco”) has begun deploying the Company-s IvedaXpress cloud-based video hosting service in its 200 offices across the country. Amco sought out Iveda Solutions to help improve customer service and employee training and development.
To date, IvedaXpress has been deployed in 36 Amco offices in the Houston, Texas area. In the coming weeks, the service is expected to be installed in Amco-s remaining sales offices coast-to-coast.
IvedaXpress is Iveda Solutions- cloud-based video hosting service that utilizes plug-and-play IP (Internet Protocol) cameras. With these cameras, installation is greatly simplified, requiring only power and an Internet connection. By using an encoder, IvedaXpress can also provide cloud video hosting for existing closed-circuit (CCTV) cameras.
Amco Auto Insurance was founded by Rehmat Peerbhai in Houston, Texas in 1987. By 2001, it was the third fastest growing company in the Houston metropolitan area. Amco employs more than 800 people in more than 200 field offices. It has received an award for job creation in the Houston area.
“Amco-s value proposition is to provide respectful customer service and fair pricing, which not only keeps customers returning but also encourages them to refer family and friends to our company,” stated Rahim Peerbhai, vice president of Amco Insurance Agencies, Inc. “IvedaXpress will aid in the centralized management of these wide-spread offices by providing access to real-time and recorded video without the complexities associated with traditional CCTV systems that require DVRs (Digital Video Recorders) to be installed and maintained at each location.”
IvedaXpress is supported by a best-in-class, secure, data center. There is no need for a local recording device since the video data is stored remotely in the “cloud”, thereby eliminating the risk of video footage being destroyed or stolen. Additionally, users can access their live and recorded video remotely — whenever and wherever they need it most — from computers, tablets or smartphones.
“With so many locations to monitor, Amco Auto Insurance needed an affordable, centrally-managed solution,” observed David Ly, president and CEO of Iveda Solutions, Inc. “With IvedaXpress, management can access real-time and recorded video from each office location on a single dashboard.”
Iveda Solutions was able to demonstrate the effective use of cloud-hosted video surveillance systems at an affordable price. The versatility afforded by IvedaXpress to deliver “live” and recorded video streams from more than 200 locations on a single dashboard provided the solution Amco Auto Insurance sought.
The organization also operates Amco Hotel & Suites and has implemented IvedaXpress at two of its hotels.
Iveda Solutions is a registered trademark of Iveda Solutions, Inc. IvedaXpress is a trademark of Iveda Solutions, Inc. All other trademarks are property of their respective owners.
Iveda Solutions, Inc. (OTCBB: IVDA) is a premier cloud video hosting service provider, a technology innovator, and a provider of enterprise-class Video Surveillance as a Service (“VSaaS”) solutions. The Company has received a SAFETY Act Designation from the Department of Homeland Security as a Qualified Anti-Terrorism Technology Provider.
The Company is headquartered in Mesa, Arizona and has a subsidiary in Taiwan (MEGAsys). Its common stock trades on the OTC Bulletin Board and OTCQB under the symbol “IVDA”. For additional information call (800) 385-8616 or visit .
This release includes forward-looking statements. Actual results may vary materially from those expected. Iveda Solutions- business is subject to significant risks and uncertainties described more thoroughly in the Company-s SEC filings, including but not limited to its report on Form 10-K for the year ended December 31, 2012 and its subsequently filed quarterly reports on Form 10-Q. All forward-looking statements made herein are qualified by such risk factors, and readers are advised to read consider such factors carefully. Iveda Solutions undertakes no obligation to revise these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Contact:
Carrie R. Foote
Public Relations Manager
Iveda Solutions
(480) 307-8704
or
RJ Falkner & Company, Inc.
Investor Relations Counsel
(800) 377-9893
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