09/08/2010
Video IQ triples customer base and doubles revenue
Bedford, Ma
Video IQ a specialist company in video surveillance innovation, has announced a record first half of 2010 with more than double the revenue of the first half of 2009. Video IQ also acquired a record number of customers, ending the period with more than three times the customers as the same time a year ago.
VideoIQ’s growth was fueled by significant adoption of two new product lines, the iCVR Dome Cameras and iCST family of cameras and encoders, as well as a strong interest in the iCVR-HD High Definition line of cameras complete with full 1080p/30fps resolution, full megapixel analytics and up to half a terabyte of onboard NVR storage, scheduled for availability in late Summer 2010.
During the first half of 2010, VideoIQ’s impressive customer list continued to grow at record pace resulting in triple the number of customers from a year ago. Growth was experienced in all major markets including financial services, critical infrastructure, municipalities, utilities, ports, high-end retail, K-12, universities and high residences in both the North American and international markets. First half customer highlights include major competitive wins and replacements in critical infrastructure, housing authorities and gated communities.