Ubiquity Corporation Sets a New Bar for Video Analyticswith Its WEAV Video Intelligence Platform for License Plate Detection
"Having seen and reviewed Ubiquity's analytics and technology, their unique approach and versatility in product offering sets a new bar for video analytics while propelling them well ahead of the curve in a very competitive and fast growing industry," said Gregory Lynch, J.D. , Senior Director Global Sales, Security Solutions for Cisco Systems, Inc.
IRVINE, Calif.--(BUSINESS WIRE)-- Ubiquity Broadcasting Corporation, (OTCQB: UBIQ) a privately-held Delaware corporation ("Ubiquity"), has announced a plan to launch WEAV Intelligent Video Surveillance Software utilizing its innovative object and logo recognition for license plate detection. The announcement was made today by Chris Carmichael, CEO and Founder of Ubiquity.
WEAV, Ubiquity's proprietary video intelligence platform provides license plate detection for active alert intelligence that is analyzed and validated. This artificial intelligence security analysis software is deployable in a variety of law enforcement, government agencies and business applications.
"Having seen and reviewed Ubiquity's analytics and technology, their unique approach and versatility in product offering sets a new bar for video analytics while propelling them well ahead of the curve in a very competitive and fast growing industry," said Gregory Lynch, J.D., Senior Director Global Sales, Security Solutions for Cisco Systems, Inc. (NAS: CSCO)
Ubiquity's object and logo detection filters through, and analyzes footage from a wide variety of video formats obtained from all types of cameras including low resolution surveillance cameras, traffic cameras, personal security cameras, mobile devices, vehicle cameras, etc. to detect objects, logos, weapons, and license plates.
"Our patent pending technology is based on a new and novel approach to object detection. We see this as an important step towards more intelligent and robust surveillance systems. In the future, we also see many other exciting application areas, including medical imaging and intelligent TV," said Ubiquity's CTO Kristian Sandberg, Ph.D.
License plate surveillance focuses on monitoring a vast infrastructure of cameras and mobile devices in a stated region or area for suspicious objects or license plates in an attempt to thwart unlawful activity or to detect threats to the global community. License plate detection assists cities in analyzing potential threats and the day to day monitoring to enforce traffic infractions.
"Recent world events have proven the need for real time video and data analysis from all types of cameras, and user mobile devices, surveillance cameras, and network footage to cross-reference multiple angles and vantage points to collectively verify the license plate and/or object or person of interest," said Chris Carmichael CEO and Chairman at Ubiquity.
Ubiquity has solved the problems generally associated with license plate detection. The company's software can detect license plates accurately under a wide variety of conditions; low quality footage, low light, partially occluded license plates, and works effectively with any type of video input (including analog or IP) from devices such as cameras, mobile devices, encoders, and NVR's, is effective in both indoor and outdoor environments, including those considered the most challenging (e.g. rain, fog, low light and nighttime), and low resolution recording devices.
"Ubiquity's patented and patent pending compression technology enables our software to intelligently discern objects of interest; clean the edges, distinguish vehicles, distinguishing marks and other objects; and continuously track positions for all moving and stationary targets within the video scene all with a high level of accuracy," said Artificial Intelligence expert Sengan Baring-Gould Ph.D., Ubiquity Research Scientist.
Certain matters discussed within this press release are forward-looking statements. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. The Company does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law.
About Ubiquity Broadcasting Corporation:
Ubiquity Broadcasting Corporation is a privately-held Delaware corporation focused on the intersection of cloud based cross platform applications synchronized across all screens for enhancing the digital lifestyle. With its corporate office in Irvine, CA, and its own studio operations, Ubiquity is developing ubiquitous digital applications and digital content in connection with its intellectual property. Ubiquity's technology is seamless, simplistic, and extremely intuitive.
On March 5, 2013 Ubiquity entered into a merger agreement with Ubiquity Broadcasting Corporation, a publicly-held Nevada corporation (OBB: UBIQ) (the "Public Company"). Upon satisfaction of all closing conditions, Ubiquity will become a wholly-owned subsidiary of the Public Company (the "Proposed Transaction"). As of the date of this release, the Proposed Transaction has not been completed. Although Ubiquity anticipates that the Proposed Transaction will be completed, there is no guarantee that the closing conditions will be satisfied, nor that the Proposed Transaction will be completed.
About Cisco Systems, Inc. (CSCO: NASDAQ)
Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (IP)-based networking and other products related to the communications and information technology (IT) industry and provide services associated with these products and their use. It provides a line of products for transporting data, voice, and video within buildings, across campuses, and around the world. Its products are designed to transform how people connect, communicate, and collaborate. It has five segments: United States and Canada, European Markets, Emerging Markets, Asia Pacific, and Japan. The Emerging Markets theater consists of Eastern Europe, Latin America and Russia and the Commonwealth of Independent States. In December 2012, the Company acquired Meraki, Inc. Effective January 31, 2013, the Company acquired Cariden Technologies Inc. Effective February 13, 2013, the Company acquired BroadHop Inc. In February 2013, it acquired Intucell.
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