— OBJECTVIDEO ANNOUNCES TWENTIETH PATENT LICENSEE
RESTON, Virginia, Oct. 6, 2014 /PRNewswire/ — ObjectVideo, Inc., a technology and solutions company, announced today the signing of a global patent license with LILIN, a Taiwanese manufacturer of IP video cameras, recording devices and software for the global video surveillance market. This multi-year, royalty-bearing agreement applies to all LILIN IP cameras, recorders, and software capable of performing video analytics.
"LILIN has quickly grown to be among the world’s leading manufacturers in the advanced IP video surveillance industry by maintaining its commitment to creativity, progress and quality," said Steve Hu, PM of LILIN. "This patent license agreement with ObjectVideo will provide us with the flexibility to continue our strong focus on bringing new product development to the market moving forward."
"LILIN is the twentieth licensee to join our program — a true milestone for our business," said Chris Capuano, General Counsel of ObjectVideo. "We are pleased to see great traction in Asia — not only in further video analytics adoption but also more widespread acknowledgment of the value of our intellectual property."
Other ObjectVideo patent licensees include Hikvision, Sony, Panasonic, Pelco, Bosch, March Networks, Tyco/American Dynamics, FLIR, Vivotek, UDP, VideoIQ, 3VR and AgentVi. ObjectVideo holds 59 US and international patents in the field of video analytics and has over 40 US and international patents pending.
LILIN is a global manufacturer of IP video cameras, recording devices, & software. The company adheres to a time-tested philosophy of Creativity, Progress, & Excellence. LILIN’s spectrum of cameras and servers provide network surveillance solutions for almost any application. Established in Taipei, Taiwan more than 3 decades ago, the company now has 12 branches worldwide. LILIN is proud to have strong relationships with over 50 software and integration partners, and is recognized as the first camera company to become ONVIF-conformant.
About ObjectVideo, Inc.
ObjectVideo is a leading innovator in intelligent video solutions with patented video analytics technologies that are licensed and deployed by leading IP video manufacturers around the world. ObjectVideo continues to advance the science of intelligent video with ongoing research and development in areas including intelligent tagging of consumer and commercial video, machine learning, and mobile video intelligence. To stay up-to-date on ObjectVideo news, please click HERE.