#AI News: VSBLTY (CSE:
$VSBY.C) (OTC: $VSBGF) Launches Two #Security Initiatives to Reduce Crime and
Make South African Communities Safer; @vsbltyco
PHILADELPHIA
- November 21, 2019 (Investorideas.com Newswire) VSBLTY Groupe Technologies
Corp. (CSE:
VSBY)
(5VS.F) (VSBGF), a leading retail
software and technology company, announced today that-in partnership with
Onyx-Cognivas Pty.-it is launching two privately-led security deployments in
South Africa to support community safety initiatives.
The
state-of-the-art security technology will protect two prominent high-rise
residential apartment buildings in the upmarket Sandton area, a high income
residential, financial and business suburb of Johannesburg with a population of
225,000. The rollout plan is to deploy this technology across several apartment
blocks, a hotel and commercial properties in the precinct-with the objective of
deploying a "private Smart City".
Read this in full
at https://www.investorideas.com/CO/VSBY/news/2019/11211SecurityInitiatives-ReduceCrime.asp
In
addition, advanced custom sensory applications are planned to be installed in a
well-known petroleum group with convenience stores/service stations throughout
South Africa.
The
announcement was made by Jay Hutton, VSBLTY co-founder and CEO, who said,
"We are excited to provide complete Smart City-like security solutions in
Sandton. This state-of-the-art technology uses the power of machine learning
and computer vision."
In
addition, Hutton explained that the company's proprietary VSBLTY Vector™
product will be used alone or in combination with any type of digital signage
to provide security by looking for "persons of interest" or
individuals carrying weapons with the intent to cause harm. The VSBLTY-created
software platform, DataCaptor™, supplies instant information using advanced
optics and sensors to provide objective, real-time, qualitative crowd analytics
in retail, venues and other public spaces.
The
security program was initiated by the local business community in partnership
with both citizens and police. "This is a 21st Century neighborhood watch
program that is setting the standard for collaborative security where citizens,
law enforcement and technology can work together to achieve a higher level of
community safety. This cost-effective technology will significantly reduce
crime and will be installed in over 200 office buildings, hotels and retail
locations as well as in Sandton residential neighborhoods," he added.
Hutton expects the security installations will be completed by the end of the
first quarter of 2020.
The
second security deployment will be in the petroleum group convenience stores
located throughout South Africa. Onyx-Cognivas Pty. Co-founder Andrew
Coudounaris said the technology will be installed at the entrances and exits of
the convenience store facilities to detect known persons of interest including
shoplifters and credit card fraud suspects.
Coudounaris
also pointed out that with the installation of advanced custom sensory
applications and VSBLTY's state-of-the-art technology, South African
"Smart-Communities" will be able to gather other enhanced data for
security purposes and business intelligence purposes.
Headquartered
in Philadelphia, VSBLTY (CSE:
VSBY)
(5VS.F) (VSBGF) 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.
Headquartered
in Johannesburg, Onyx-Cognivas deploys its software across South Africa and in
Australia. The company has unique patents on transparent digital signage that
offer 100% transparency on demand, coupled with video analytics. Onyx-Cognivas
also utilizes raw data collected from video analytics, including facial
detection/recognition and object recognition, that builds deep learning
intelligence solutions in conjunction with other data sets.
VSBLTY
Groupe Technologies Corp. (CSE: VSBY) is a featured Tech / AI stock on
Investorideas.com
Disclaimer/Disclosure: Investorideas.com is a
digital publisher of third party sourced news, articles and equity research as
well as creates original content, including video, interviews and articles.
Original content created by investorideas is protected by copyright laws other
than syndication rights. Our site does not make recommendations for purchases
or sale of stocks, services or products. Nothing on our sites should be
construed as an offer or solicitation to buy or sell products or securities.
All investing involves risk and possible losses. This site is currently
compensated for news publication and distribution, social media and marketing,
content creation and more. Disclosure is posted for each compensated news
release, content published /created if required but otherwise the news was not
compensated for and was published for the sole interest of our readers and
followers. Disclosure: VSBLTY is a paid PR, news and social media client on
Investorideas.com as of March 1, 2019 https://www.investorideas.com/About/Disclaimer.asp
Contact management and IR of each company directly
regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn
more about publishing your news release and our other news services on the
Investorideas.com newswire https://www.investorideas.com/News-Upload/ and
tickertagstocknews.com
Global investors must adhere to regulations of each
country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
