For many businesses taking the decision to outsource their CCTV surveillance may not be an easy one. The potential benefits of outsourcing, however, are appealing. As a business to be able to have remotely monitoring services without spending a fortune on hiring watchmen and buy surveillance monitoring equipments is an option that it's difficult to ignore.

Under the agreement, Eyes on Watch will provide businesses that are equipped with DynaPel surveillance systems with remotely monitoring services including providing updated security reports and alerts twenty four hours seven days a week. It will also allow the two companies' joint customers to implement DynaPel security solutions more quickly while reducing their time-to-market and overall operating costs of implementing surveillance monitoring technologies.

This partnership will allow both companies to leverage each others and strengthen their presence in the Middle East market by offering high-quality products and service-centric security solutions to banks, malls, hospitals, schools, supermarkets and various businesses in the region.

"We are proud partner with DynaPel, which is a proven leader and innovator in state-of-art surveillance and security systems," said Kumar Natarajan from Eyes on Watch. "We provide our customers with in-depth business monitoring expertise, innovative methods and reliability to secure your business from any threat or danger. Businesses can simply outsource all their CCTV monitoring surveillance to us and focus in their core business activities instead. Hence, we believe that this partnership will offer our customers in the Middle East with a broader range of world-class security solutions."

The increasing need for personal protection and acceptance of new technologies are offering the global security surveillance equipment market limitless opportunities for the future. According to recent reports, the global CCTV market (including both IP-based CCTV and conventional CCTV) has been growing at a 12.38 percent for the period spanning from 2005 to 2007 and is forecasted to grow to over 13 percent from 2007 to 2011.

Eyes on Watch offers a number of technologies in live video feeds and archive video footage which help trace, identify, alert and manage businesses-intelligently, with a possibility to tailor made the research criteria as per business requirements.

"We believe that our partnership with Eyes on Watch will take surveillance and security solutions to the next level by combining our collective creative and technology strengths and experience," said Paul Fevang, DynaPel's CEO. "With the increasing demand of surveillance and security systems of security products, -which is expected to reach AED 24 billion in 2012- our focus now is to expand our operations in the region and strengthen our competitiveness in this significant market. Eyes on Watch will enhance our ability to provide an outstanding and robust value proposition to our customers, and we expect our joint products to become an integral part of our customer service strategy."

DynaPel, which is a US registered company, traded at the Oslo Stock Exchange under the ticker "DYNA", has more than 235 dealers in the US alone. It also enjoys a large presence in the UK and has conducted more than 30 systems pilots in the Middle East region. The company offers intelligent, automated video solutions which increase the effectiveness of video surveillance operations for commercial and government organizations. The company's technology is based on in-house developed and patented video analytics algorithms.