Axis awarded prestigious Wall Street Journal Technology Innovation Award

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Axis Communications received The Wall Street Journal Technology Innovation Award for its Lightfinder technology in the Physical Security category. Lightfinder enables outstanding performance in network cameras during difficult light conditions, specifically low light.

Lightfinder is an unrivalled technology that enables network cameras to see detail and color—even in dark conditions. Colors can be maintained at night with no need for artificial lighting. Axis launched this technology globally in 2011. Lightfinder is a revolutionary improvement for video surveillance cameras and was the only winner in the Physical Security category.

“We’re delighted and honored to get this award,” says Ray Mauritsson, president and CEO at Axis Communications. “It verifies our strength as an innovative company and proves that Axis is a driving force in network video.”

In a Wall Street Journal interview, William Webb, chief technology officer of Neul Ltd. and an Innovation Awards judge, said that Axis put together a few different ideas to put more intelligence into how the camera works—ideas that stuck out.

A total of 536 applications from 24 countries were submitted to The Wall Street Journal Technology Innovation Awards competition in 2012. A team of editors and reporters reviewed applications and forwarded the 172 most promising entries to an independent panel of judges from venture-capital firms, universities, and companies. From that pool, the judges chose 37 winners and runners-up in 18 categories.

Other awards that Axis received for its Lightfinder technology include the Private Security Award (2012), ASIS Accolades (2011), and GSN Awards (2011).

For further information, please contact: Margareta Lantz, Manager Corporate Communications & PR, Axis Communications Phone: + 46 46 272 18 00, E-mail: margareta.lantz@axis.com

About Axis Communications
As the market leader in network video, Axis is leading the way to a smarter, safer, more secure world — driving the shift from analog to digital video surveillance. Offering network video solutions for professional installations, Axis’ products and solutions are based on an innovative, open technology platform.

Axis has more than 1,000 dedicated employees in 40 locations around the world and cooperates with partners covering 179 countries. Founded in 1984, Axis is a Sweden-based IT company listed on NASDAQ OMX Stockholm under the ticker AXIS. For more information about Axis, please visit our website www.axis.com

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