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Press release

Irisity AB: Irisity delivers advanced video analytics solution to a government organization in Singapore.

Irisity

Irisity AB (publ) has partnered leading unified security solutions provider, AETOS Holdings Pte. Ltd., and its value-added distributor in Singapore, D-Ron Singapore Pte. Ltd., to deliver advanced video analytics solutions to a government organization in Singapore. The project has an estimated initial order value of several million USD (exact amount cannot be disclosed due to the confidential nature of the project).

The contract includes licenses of Irisity's innoVi software package for Smart and Safe Cities, including real- time alerts as well as advanced AI-based video investigation that will help the end-user achieve increased operational efficiencies when managing critical sites.
"We have always worked with best-in-class partners, and we chose Irisity due to its robust, accurate AI-based object classifications and analytics capabilities. Their solution offers scalability, and its open architecture allows easy integration with AETOS' 5G Integrated Command Centre (ICC). Together, we can now offer clients innovative solutions to achieve enhanced safety and security outcomes," said Patrick Koh, Vice President, Sales and Customer Success at AETOS.

"We are very proud to form this partnership with AETOS for this prestigious project. AETOS, with its best-in-class, next-generation command center, required the most precise and scalable AI-based video analytics platform that will help them deliver outcomes that exceed clients' expectations, and we are happy they recognized our solutions to be the most suitable for them," said Ariel Frischoff, Vice President, Sales EMEA & APAC at Irisity.

Due to the confidential nature of the security assets and relationship with the customer, we are unable to disclose any further details on the project.

For further information:

Ariel Frischoff, VP Sales EMEA & APAC Phone: +972-54-683-3445
E-mail: ariel.frischoff@irisity.com

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