DVTEL Closes Record Year As Growth Continues To Accelerate
Technical achievements, personnel and infrastructure investments contribute to company's success
Ridgefield Park, N.J. (January 30, 2013) -- DVTEL, INC., the video security solutions provider, today announced that it achieved a substantial increase in revenues year over year thanks to its continued technical innovation, infrastructure investments, personnel additions and rebranding efforts. It saw particular growth in the municipal surveillance, corrections, education and healthcaremarkets, and experienced an increase in opportunity in the small- to medium-sized business market with the introduction of the Meridian NVR.
DVTEL gained significant attention for its new technology offerings, including TruWitness™, an industry-first mobile video application that turns mobile smartphones into full-featured IP video surveillance cameras. TruWitness was honored as a winner in the Security 2012 Exhibition’s New Product of the Year Awards and the Security Industry Association’s New Product Showcase.
In an effort to best serve its integrators, DVTEL continuesto deliver open system solutions through its compliance with ONVIF specifications and close collaboration with other manufacturers including Exacq Technologies, which is the first VMS provider to integrate with the DVTEL Quasar broadcast-quality camera line. By following an open systems approach, DVTEL is leading the way in simplifying complex installations for integrators while giving them the flexibility to source the best technology for each project.
DVTEL continued to demonstrate its commitment to growth andcustom solutions by investing in infrastructure and personnel over the past 12 months. This year, it plans release its new version of the Latitude VMS in the second quarter, a bundled VMS solution for the mid-market and introduce a number of new edge devices, including enhancements to the ioimage analytic line.
DVTEL will continue its rebranding efforts in 2013, focusing on positioning the company as a full-service provider to integrators. With its new “Now You Can” brand line, DVTEL reaffirms its commitment for the delivery of end-to-end video surveillance solutions that create superior value for awide range of customers and vertical markets, while providing the freedom to allow them to focus on the primary strategy and goals of their businesses. In March, the company will launch a new website that will feature customer-centric information and support as well as the new DVTEL blog. This resource will enable customers to continually learn about DVTEL's innovative solutions, overall market trends and more.
“DVTEL is moving into the next evolution of its business,” said Yoav Stern, President and CEO, DVTEL. “Now more than ever, we're excited to be offering an open, scalable product line that gives integrators unprecedented flexibility and choice. With a banner 2012 behind us, we're looking ahead to another year of growth, innovation and cutting-edge technical advancements.”
With thousands of installations spanning five continents, DVTEL is a world-class developer of video surveillance open solutions including video management systems, cameras, encoders, video analytics, custom integration and applications. DVTEL works in partnership with system integrators and end-users as well as with other leading industry players to be an all-inclusive provider for open solutions on a platform that provides full integration. DVTEL’s product line delivers scalability, flexibility and functionality with the ability to grow seamlessly. Regardless of what you have today; without loss of investment; wired networks or wireless; outdoors or indoors; small, medium or large scale projects, DVTEL ties everything together. For more information, go to www.DVTEL.com.
SOURCE: DVTEL, INC.