#AI News: VSBLTY (CSE: $VSBY.C)
(OTC: $VSBGF) / RadarApp Expand Latin American Smart City Security Program To
Colombia; @vsbltyco
Philadelphia,
PA - May 19, 2020 (Investorideas.com Newswire) The "Smart City"
security program that is having continuing success in reducing crime in Mexico
City is now being deployed in Colombia, South America. VSBLTY Groupe
Technologies Corp. (CSE:
VSBY)
(Frankfurt:
5VS)
(OTC:
VSBGF),
a leading retail software and technology company, and RadarApp, a Smart City
Solutions provider, are now installing and testing the initial phase of a
network of security kits in the regions of Bogota, Medellin, and Barranquilla,
Colombia consisting of outdoor mounted HD cameras, high intensity lighting,
motion sensors and audible alarms as well as VSBLTY AI-inspired video
analytics.
Read this news featuring
VSBY in full at https://www.investorideas.com/CO/VSBY/news/2020/05191RadarApp-Colombia.asp
To
date, more than 3000 security systems have been installed throughout Mexico
City and the success of this cost-efficient technology platform in reducing
crime has sparked the interest of numerous Latin American countries. Several of
these countries-including Colombia-have sent political delegations on
information gathering trips to Mexico City over the past several months.
The
first phase of the Mexico City deployment, announced in September of 2019, is
scheduled to cover up to 40,000 security kits throughout 56 Mexico City
communities. The results of the initial deployments of the integrated security
program has attracted the attention and endorsement of certain Mexico City
officials. Adrian Ruvalcaba, Mayor of Cuajimalpa County, reported that after
the installation of the security kits, his community has become the safest
county in Mexico City. "We have gone from the 11th Safest to Number One during
2019. The single major contributor to this change is the camera security
network which is not yet even fully installed." the Mayor said.
Neighboring Cuauhtemoc County reported a 40 percent reduction of crime in the
first year of the installation of the security network.
In
addition, Miguel Hidalgo Mayor Victor Hugo Romo reported that the system is
also being used to enforce crowd gathering restrictions during the Covid-19
pandemic and has resulted in "Fewer 911 calls, violence, fights, injuries
and homicides."
In
response to the current Covid-19 pandemic, VSBLTY is working with RadarApp to
test the addition of infrared camera capability that enables temperature
scanning of crowds in various locations along with a correlation to face
capture.
The
system being tested is a non-contact, real time camera technology that provides
continuous monitoring for health and security personnel on a mobile app. A
major objective of the program is to provide an efficient temperature screening
tool for monitoring public spaces with the pre-emptive scanning of persons
entering facilities such as restaurants, bars, schools and hospitals.
RadarApp
Co-founder and CEO Rodrigo Calderon commented, "This technology is
extremely adaptive which enables us to integrate thermal cameras and analytics.
In addition to the impact that this platform has had on crime reduction, the
technology is also providing crowd density information, which is assisting
officials who are working to monitor public safety during the current Covid-19
pandemic."
VSBLTY
Co-founder and CEO Jay Hutton said, "We are very pleased with the multiple
success stories resulting from the initial phase of our Mexico City Smart City
security deployment. It is exciting to see this disruptive platform now being
adopted in Colombia and we believe that there is a significant opportunity to
expand to several other Latin American communities."
Investor Relations
CONTACT: Linda Rosanio
Headquartered
in Philadelphia, VSBLTY (CSE:
VSBY)
(Frankfurt:5VS) (OTC: VSBGF) ("VSBLTY") is the world leader in
Proactive Digital Display™, which transforms retail and public spaces as well
as place-based media networks with SaaS-based audience measurement and security
software that uses artificial intelligence and machine learning.
FORWARD
LOOKING STATEMENT
This
news release contains forward-looking statements, including statements
regarding the development of advanced camera applications to help screen for
persons who may be infected with COVID-19 as they enter buildings, and other
statements that are not historical facts. Forward-looking statements are often
identified by terms such as "will", "may",
"should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical fact included
in this release are forward-looking statements that involve risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from
those anticipated in such statements. In particular, there is no assurance that
VSBLTY and Photon-X will be successful in developing an advanced screening
camera or be able to commercialize such product.
The
reader is cautioned that assumptions used in the preparation of any
forward-looking information may prove to be incorrect. Events or circumstances
may cause actual results to differ materially from those predicted, as a result
of numerous known and unknown risks, uncertainties, and other factors, many of
which are beyond the control of VSBLTY, and which are described in the VSBLTY's
public filings available under its profile at www.sedar.com. The reader is
cautioned not to place undue reliance on any forward-looking information. Such
information, although considered reasonable by management at the time of
preparation, may prove to be incorrect and actual results may differ materially
from those anticipated. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made as of the
date of this news release and VSBLTY does not intend to update any of the included
forward-looking statements except as required by Canadian securities laws.
VSBLTY
Groupe Technologies Corp. (CSE: VSBY) is a featured Tech / AI stock on
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