Remark AI-Powered Smart Safety Platform and Smart Sentry
Units generate detailed video analytics that provide insight into
real-time large capacity crowd counts and traffic patterns
LAS
VEGAS, Nov. 29, 2022 /PRNewswire/ -- Remark
Holdings, Inc. (NASDAQ: MARK), a diversified global technology
company with leading artificial intelligence ("AI") solutions and
video analytics, announced that it has partnered with the
Fremont Street Experience to deploy its AI-powered Smart Safety
Platform ("SSP") and Smart Sentry Units.
SSP enables organizations to make real-time data-driven
decisions and allows users to uncover data insights from the
autonomous detection of security incidents and breaches, around the
clock.
Remark AI's SSP AI-powered features generates real-time alerts
for proactive security and safety including:
- Intelligent pre and post-forensic investigation that provides
meta-data searches by utilizing physical and object-recognition
attributes to speed up the investigation process
- Intrusion / loitering / object / vehicle / trespassing
detection
- Live real-time large-capacity people counting and crowd
analysis
- Preventative behavioral analysis such as loitering, dropping of
unattended bags, vandalism, graffiti, fights
- Suspicious fire, object, and smoke detection
- Visual dashboard with actionable insights and reports for daily
monitoring and customer flow analysis
"We are pleased to announce the Fremont Street Experience as an
anchor customer and partner. Each year, 26 million visitors, or the
equivalent of a daily 70,000 person sold-out Las Vegas Raiders
game, come downtown to visit the Fremont Street Experience.
Its security is paramount to the City of
Las Vegas. Our Smart Safety Platform takes raw video content
and turns it into data-driven intelligence with actionable insights
and real-time alerts on potential security breaches. Users can
monitor and respond to incidents in real time, simplify and
automate security operations, and accelerate response times," said
Kai Shing Tao, Chief Executive
Officer of Remark Holdings.
"We are delighted with the performance of Remark's AI-powered
Smart Safety Platform, having seen its benefits during two recent
well attended free concerts by the Stone Temple Pilots and
Flo Rida" says Mark Reddon, Director of Security for the
Fremont Street Experience. "Remark delivered as promised,
giving us the analytical insights into crowd count and traffic
patterns, allowing us to properly manage our security presence and
ensure the safety of the high turnout audience. Having seen its
efficacy, we are looking to further deploy Remark's SSP among our
other cameras, while supplementing security coverage for live
events with Remark's Smart Sentry Units. As we continue with the
future 3rd street expansion of the Fremont Street Experience, we
are excited about growing our long-term partnership with Remark and
look forward to utilizing its full suite of AI products."
About the Fremont Street Experience
The Fremont Street Experience is a five-block entertainment
district in historic downtown Las
Vegas, Nevada.The centerpiece of the Fremont Street
Experience is Viva Vision, the world's largest video screen. The
Viva Vision screen is 1,375 feet long, 90 feet wide and is
suspended 90 feet above the pedestrian mall below. The screen has
49.3 million LED lights and a 600,000-watt sound system.Viva Vision
features free light shows, free, every night of the week. Fremont
Street Experience also has an extensive schedule of live concerts
and entertainment on three stages.
About Remark Holdings, Inc.
Remark Holdings, Inc. (NASDAQ: MARK) delivers an integrated
suite of AI solutions that help organizations monitor, understand
and act on threats in real-time. Remark consists of an
international team of sector experienced professionals that have
created award winning video analytics. The company's GDPR-compliant
and CCPA-compliant solutions focus on sectors including retail,
federal agencies, public safety, hospitality and transportation.
With headquarters in Las Vegas,
Nevada, USA, operational offices in New York and international offices in
London, England.
For more information, please visit the company's website
(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 the 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
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SOURCE Remark Holdings, Inc.