Companies Will Jointly Market AI Solutions
Based Upon Remark's Smart Safety Platform as a Feature Set for
Genetec Security Center Customers
LAS VEGAS ,
July 11,
2022 /PRNewswire/ -- Remark Holdings, Inc. (NASDAQ:
MARK), a diversified global technology company with leading
artificial intelligence ("AI") solutions and digital media
properties, today announced that it has been accepted as a Silver
Partner in Genetec's Development Acceleration Program ("DAP").
Remark's Smart Safety Platform ("SSP"), a leading video analytics
solution, is now available for Genetec's Security Center
customers.
"Genetec is a global market leader in video management software
via their flagship product, Security Center. We are pleased to have
been accepted as a Silver Integration Partner, a distinction that
recognizes the value added by our AI-powered SSP," noted
Kai-Shing Tao, Chairman and Chief
Executive Officer of Remark Holdings. "Our recent customer wins in
the arena and transportation segments include our first customers
using Genetec's Security Center who, along with the many other
potential customers using Security Center, can seamlessly benefit
from the full features of our SSP."
The strategic relationship between Remark and Genetec allows
current Genetec Security Center users to access the features of
Remark's SSP as a seamless plug-in that provides advanced features
built on an AIoT architecture, enabling edge computing on AI boxes
and servers for both on-premises and cloud deployment scenarios
with real-time processing, reduced hardware costs, and reduced
storage and bandwidth requirements, thereby leading to greater
flexibility and cost efficiency for large-scale deployments.
The SSP plug-in for Security Center: 1) generates real-time
alerts for proactive security and safety, such as for intrusions or
trespassing, people counting/crowd detection, loitering, unattended
bags, anti-social behavior such as vandalism, presence of fire and
smoke, and inappropriate vehicular activity with license plate
number detection; 2) assists with intelligent forensic
investigation by providing for meta-data searches utilizing
physical and object recognition attributes to speed up the
investigation process; and 3) provides dashboards with actionable
insights and reports for daily monitoring and pattern spotting.
About Genetec, Inc.
Genetec Inc. is an innovative technology company with a broad
solutions portfolio encompassing security, intelligence, and
operations. The company's flagship product, Security Center, is an
open-architecture platform that unifies IP-based video
surveillance, access control, automatic license plate recognition
("ALPR"), communications, and analytics. Genetec also develops
cloud-based solutions and services designed to improve security,
and contribute new levels of operational intelligence for
governments, enterprises, transport, and the communities in which
we live. Founded in 1997 and headquartered in Montreal, Canada, Genetec serves its global
customers via an extensive network of resellers, integrators,
certified channel partners, and consultants in over 80
countries.
About Remark Holdings,
Inc.
Remark Holdings, Inc. (NASDAQ: MARK) delivers an integrated
suite of AI solutions that enable businesses and organizations to
solve problems, reduce risk and deliver positive outcomes. The
company's easy-to-install AI products are being rolled out in
various applications within the retail, public safety and workplace
arenas. The company also owns and operates an e-commerce digital
media property focused on a luxury beach lifestyle. The company's
corporate headquarters and U.S. operations are based in
Las Vegas, Nevada, and it also
maintains operations in London,
England and Shanghai,
China. The operations of the variable interest entities that
the company consolidates are headquartered in Chengdu, China with additional operations in
Hangzhou. For more information,
please visit the company's website
at www.remarkholdings.com.
Forward-Looking
Statements
This press release may contain forward-looking statements,
including information relating to future events, future financial
performance, strategies, expectations, competitive environment and
regulations. Words such as "may," "should," "could," "would,"
"predicts," "potential," "continue," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates," and similar
expressions, as well as statements in future tense, identify
forward-looking statements. These statements involve known and
unknown risks, uncertainties and other factors, including those
discussed in Part I, Item 1A. Risk Factors in Remark Holdings'
Annual Report on Form 10-K and Remark Holdings' other filings with
the SEC. Any forward-looking statements reflect Remark Holdings'
current views with respect to future events, are based on
assumptions and are subject to risks and uncertainties. Given such
uncertainties, you should not place undue reliance on any
forward-looking statements, which represent Remark Holdings'
estimates and assumptions only as of the date hereof. Except as
required by law, Remark Holdings undertakes no obligation to update
or revise publicly any forward-looking statements after the date
hereof, whether as a result of new information, future events or
otherwise.
Company Contacts
Fay Tian
Vice President of Investor Relations
F.Tian@remarkholdings.com
(+1) 626-623-2000
(+86) 13702108000
(+65) 8715-8007
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SOURCE Remark Holdings, Inc.