Iveda Solutions News

Two Valley Tech Companies Keep Barrett-Jackson Humming

Wed, 18 Jan 2012 10:40:00 MST

Two Valley Tech Companies Keep Barrett-Jackson Humming

Iveda Solutions Protects the 41st Annual Barrett-Jackson Collector Car Auction

Mon, 16 Jan 2012 10:10:00 MST

Iveda Solutions Protects the 41st Annual Barrett-Jackson Collector Car Auction

Iveda Solutions Jumpstarts the New Year with US $2.2 M SafeCiti Contract

Wed, 11 Jan 2012 09:30:00 MST

Iveda Solutions Jumpstarts the New Year with US $2.2 M SafeCitiTM Contract

Iveda Solutions (IVDA): Bringing Security Systems into the Cloud

Tue, 06 Dec 2011 09:01:00 MST

Iveda Solutions (IVDA): Bringing Security Systems into the Cloud

Iveda Solutions Completes $2.5 Million Capital Raise

Tue, 22 Nov 2011 07:30:00 MST

Mesa, AZ (November 22, 2011) – Iveda Solutions, Inc. (OTCBB:IVDA) announced today the completion of its previously announced $2.5 million private offering.

Iveda Solutions Appoints Three New Directors to Board

Wed, 16 Nov 2011 08:30:00 MST

For Immediate Release

November 15, 2011

Iveda Solutions Appoints Three New Directors to Board

Mesa, AZ (November 16, 2011) – Iveda Solutions, Inc. (OTCBB:IVDA) announced today the appointment of three new directors to its Board increasing the number of directors to seven. The newly appointed directors are Robert Gillen, Alex Kuo, and Alejandro Franco.

“We have a solid and diverse Board of Directors with a wide range of international business experience, which is essential to our growth as a global organization,” said David Ly, President and CEO of Iveda Solutions. “Each of the directors brings unique regional experience and invaluable industry expertise to our Board,” added Ly.

Robert Gillen has been a long-time supporter of Iveda Solutions as an investor. He is president of the Law Offices of Robert D. Gillen, Ltd., a law firm assisting clients with domestic and international planning, with offices in Scottsdale, Arizona and Naperville, Illinois. Gillen is an international speaker and has extensive experience in advising businesses and professionals on tax and legal matters. Gillen has been active in the cellular industry since its inception and has assisted in the development of the cellular network. Gillen has served on various boards of directors and advisory committees for growing companies, as well as donating his time and expertise on not-for-profit boards. Gillen has also authored many articles on business, tax, and legal matters. Gillen graduated from the University of Illinois with a Bachelor of Science in Business Administration and from IIT Chicago Kent College of Law with a Juris Doctor Degree with Honors.

“Iveda Solutions is one of the most interesting and exciting business enterprises I have encountered since the development of cellular phone technology. The Company’s prospects for global growth are astounding, and I am honored to have been appointed its Board,” said Gillen.

Alex Kuo was first hired as a consultant in 2009. He introduced and facilitated the acquisition of MEGAsys, the Company’s subsidiary in Taiwan. Shortly after the completion of the acquisition, the Company hired Kuo in May 2011 as Senior Vice President of Global Strategies. He was recently promoted to Chief Strategy Officer. Kuo has 20 years of executive experience at Acer Group. Prior to Acer, he was General Manager at Servex/Anextek. He also held Vice President and Senior Vice President positions at China Security and Surveillance Technology (NYSE:CSR), FalconStor Software (NASDAQ: FALC), and Global Data Solutions, Co. Kuo also serves as an instructor at the Cloud Computing Industry Association of Taiwan. Kuo received his Master of Science and Technology Innovation Management degree at GeorgeWashingtonUniversity and his undergraduate degree at NationalTaiwanUniversity.

“In my role as a consultant and subsequently as member of the Company’s management team, I have been bridging business connections built over the years in Asia with Iveda Solutions. In my capacity as a director on the Board, I’ll have direct influence on the strategic decisions the Company will be making,” said Kuo.

Alejandro Franco has been helping the Company with business development and strategic partnership opportunities in Mexico as a consultant for over a year prior to his appointment to the Board. He has been advising and facilitating the Company’s negotiations with a telecommunication company in Mexico. Franco has twenty six years of cross-industry experience with leading start-up and high-growth companies. He is known for delivering strong and sustainable revenue and profit gains in highly competitive markets throughout the U.S., China, Taiwan, Mexico, and Brazil. He has extensive experience in leading large-scale, complex, global operations in these countries. Franco is the president and founder of Amextel (Mexico). He was also the founder and president of TVM, Inc. (Mexico) from 1985 to 1988 and Bela Corp. (U.S.) from 1988 to 2000. Franco also works as a consultant to America Movil (NASDAQ:AMOV) in Mexico, Streamibox in the U.S., Glory Inc. in Taiwan, and Heng Tong, Eastcompeace, and ZTE in China. Franco has a degree in Economics from the UNAM University in Mexico, a degree in Industrial Design from the Ibero University in Mexico, and Masters in Theology from Oblate University in San Antonio, Texas.

“Iveda Solutions has gained traction in Mexico with their cloud video surveillance services, and I believe that the Company can expand their services to the rest of Latin America. As a member of the Board, I am well positioned to advice and shape the Company’s business strategies in the region,” said Franco.

“Iveda Solutions’ future is literally in the ‘cloud’. Leveraging their worldwide partners, their Safe Citi™ program, and their SAFETY Act Designation, the business opportunities are staggering. This, I believe, will ensure Iveda Solutions’ continued leadership in the field,” added Gillen.

Iveda Solutions is the pioneer in cloud-based video hosting and real-time remote surveillance services. The Company has a SAFETY Act Designation by the Department of Homeland Security as a Qualified Anti-Terrorism Technology.

About Iveda Solutions

Iveda Solutions, Inc. - (OTCBB:IVDA), is a premier online surveillance technology innovator and Managed Video Services provider. Based in Mesa, AZ, the company develops and markets enterprise class video hosting and real-time remote surveillance services. Iveda Solutions has a SAFETY Act Designation by the Department of Homeland Security as a Qualified Anti-Terrorism Technology provider. For more information call 800-385-8618 or visit.

This news release contains forward-looking statements. Actual results could vary materially from those expected due to a variety of risk factors. The Company’s business is subject to significant risks and uncertainties discussed more thoroughly in Iveda Solutions’ SEC filings, including but not limited to, its report on Form 10-K for the year ended December 31, 2010 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 such factors carefully. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contact:

Luz A. Berg
COO & CMO
Iveda Solutions
480 307-8700
lberg@ivedasolutions.com

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Iveda Solutions Appoints Richard Gibson as SVP of Global Sales & Support

Mon, 24 Oct 2011 11:19:00 MDT

Iveda Solutions, Inc. (OTCBB:IVDA) announced today the appointment of Richard (Dick) Gibson, the newest addition to the Company’s executive team, as Senior Vice President of Global Sales and Support.

New Taipei City SafeCiti Deployment

Fri, 26 Aug 2011 14:15:00 MDT

On August 24, 2011, the Deputy Mayor and Chief of Police Department held a press conference for the opening of Intelligence Integration Centers. This is another example of our successful SafeCiti deployment.

Iveda Solutions Taiwan MEGASys Completes New Taipei City Project

Thu, 07 Jul 2011 00:00:00 MDT

Iveda Solutions announced today that MEGAsys, the Company’s subsidiary in Taiwan, completed the deployment of the Monitoring Center and video surveillance systems integration for the New Taipei City Police Department. Testing of the new system is currently underway. The contract is expected to result in revenues to MEGAsys of approximately $800,000 in the third quarter of this year.

VIDEO - NBC 12 - Revolutionary Tool Helps Blind Students

Fri, 10 Jun 2011 00:00:00 MDT

KPHO, Channel 12 News, NBC Phoenix - Revolutionary Tool Helps Blind Students See

On Cloud Nine

Fri, 10 Jun 2011 00:00:00 MDT

Across the US, innovative collaboration practices are happening in the cloud: Sixth-graders participate in literary salons. Fourth-graders mentor kindergarteners. And teachers use virtual Post-it notes to advise students as they create their own television shows.

Iveda Solutions Receives Purchase Order for Public Safety Projects in Mexico

Mon, 06 Jun 2011 00:00:00 MDT

Iveda Solutions (OTCBB: IVDA) announced today receipt of a purchase order from its partner INSYS for Public Safe City projects in Mexico. The initial phase of the project is estimated to generate over $1 million in revenue for Iveda Solutions during the second and third quarters.

Alex Kuo Joins Iveda Solutions as SVP of Global Alliances & GM Asia

Wed, 11 May 2011 00:00:00 MDT

Iveda Solutions (OTCBB:IVDA) announced today the hiring of Alex Kuo as senior vice president of global alliances and general manager Asia, reporting to the president and CEO.

Iveda Solutions Completes MEGAsys Taiwan Acquisition

Thu, 05 May 2011 00:00:00 MDT

Iveda Solutions (OTCBB:IVDA) announced today that the Taiwan Foreign Investment Committee Agency approved the company’s acquisition of Sole-Vision Technologies, doing business as MEGAsys Taiwan.

Iveda Solutions Enables Remote Learning for the Foundation for Blind Children

Wed, 20 Apr 2011 00:00:00 MDT

The Foundation for Blind Children (FBC) teams up with Iveda Solutions (OTCBB:IVDA) to provide Teachers of the Visually Impaired (TVIs) real time remote video access to blind and visually impaired students in the classroom. This allows students a more rewarding independent educational experience.

Remote Site Security: Protecting Critical Infrastructure & Key Resources

Tue, 01 Feb 2011 00:00:00 MST

Implementing Qualified Anti-Terrorism Technology Through Live Video Surveillance.

Iveda Solutions to Acquire MEGAsys Taiwan

Mon, 24 Jan 2011 00:00:00 MST

Iveda Solutions (OTCBB:IVDA) announced today the signing of a definitive agreement to acquire MEGAsys Taiwan in a share exchange transaction. The consummation of the acquisition is subject to Taiwan Foreign Investment Commission Agency approval.

Iveda Solutions Looks to Expand Global Sales Team

Tue, 14 Dec 2010 00:00:00 MST

The recent acquisition of a government agency customer in Mexico, the pending merger with MEGAsys, a Taiwan-based security technology company, and a flurry of international opportunities in the company’s sales pipeline have compelled management to reassess its global strategies.

Digital Ally Receives DVM-750 Order From Major Federal Government Agency in Mexico, Company Also Receives Initial Order From Mexican Navy; Update on 2010 Guidance

Fri, 29 Oct 2010 00:00:00 MDT

Digital Ally, Inc. (NASDAQ: DGLY), which develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial security applications, today announced that its sales representative has received an initial order for 64 DVM-750 In-Car Digital Video Systems from one of the largest federal government agencies in Mexico.

Iveda Solutions Moves Forward with a Potential Acquisition to Expand in Asia

Thu, 28 Oct 2010 00:00:00 MDT

Iveda Solutions (OTCBB:IVDA) announced today that it will begin the legal and accounting due diligence process with the intent of acquiring MEGAsys Taiwan (MEGAsys). This action is pursuant to a non-binding memo of understanding entered into by the parties.

Iveda Solutions Provides Live Video Surveillance for Arizona State Fair

Tue, 12 Oct 2010 00:00:00 MDT

Iveda Solutions (OTCBB:IVDA) and Special Assignments Group (SAG) announced today a partnership that will provide enhanced safety and security for the Arizona State Fair, October 15 to November 7, 2010.

Cloud Cover Predicted

Fri, 01 Oct 2010 00:00:00 MDT

Perhaps you’ve heard of cloud computing and thought maybe you should look into it one day -- just to see what all the hype was about. Well, the cloud isn’t some far-fetched figment of a science fiction writer’s imagination. It’s here today, settling over the security horizon, and you need to hop on.

7 Hot Cloud Computing Innovations

Thu, 30 Sep 2010 00:00:00 MDT

Despite a dismal economy, analysts continue to be bullish on cloud computing. A few recent studies project continued momentum for cloud computing, which according to IDC, should soon “reach 12% of the size of traditional IT product spending, [while representing] over 25% of the net-new growth in traditional IT products.” IDC predicts that worldwide revenue from public IT cloud services, which exceeded $16 billion in 2009, will grow to nearly $56 billion in 2014.

Iveda Solutions Enters Mobile Video Surveillance Market with New Product

Thu, 30 Sep 2010 00:00:00 MDT

Iveda Solutions (OTCBB:IVDA) announced today the release of the Streaming Video Converter (SVC). The SVC is a fully integrated device that combines the functionality of a high performance video encoder and cellular broadband router. Specifically designed for digitizing analog in-vehicle mobile video systems, the SVC enables live mobile streaming video over the Internet for remote access and storage.

Is Video Surveillance Through Cloud Computing for You?

Wed, 01 Sep 2010 00:00:00 MDT

Cloud computing can help institutions of all kinds save precious resources and more effectively use existing campus cameras to manage safety and security