Previously the Managing Director of FAST Search & Transfer (Oslo, Norway), Dr. Brodin managed FAST to become perhaps the most prominent publicly-traded high-tech company on the Oslo Bourse, with a multi-billion-dollar valuation and exceptional revenue growth year-to-year. He also held senior positions at Accenture Consulting and several Oslo banks. Dr. Brodin has been appointed CEO as Nio prepares for the launch of its new Satis turnkey security solution platform.

Named after the Egyptian Goddess of border control and security, Satis is the culmination of nearly 18 months of research and development that draws on the 15+ years of intelligent video technology and several patents held by Nio Security. Satis integrates Nio's most advanced Dynapel products into a single solution that brings new capabilities to the corporate tagline of 'Watchful Intelligence'.

Using Satis, a complete range of smart video cameras and image enhancement peripherals are integrated with enhanced software and support for a wide range of security applications. Further details on Satis and other new products/alliances will be announced at the ISC West security tradeshow in Las Vegas on March 24, 2010. As part of the new focus on Satis, the current Tempest line of DVRs will be discontinued.

"Nio Security is about to enter a new phase of aggressive promotion and sales activities as we ramp up both our new products as well as Satis," said Dr. Espen Brodin, Chairman & CEO of Nio Security, Inc. "We are confident that 2010 will be a year filled with opportunity and growth as we look to unlock the value of our technology and worldwide sales channel for Nio stockholders. Satis will be the platform and brand that takes Nio into a solutions-based business model that incorporates not just our world-leading technology, but also rolls in best-of-class customer support and turnkey sales."