WeSpot revolutionize the security industry

WeSpot revolutionize the security industry For many years, the security industry has relied on two basic systems: unintelligent infrared sensors and traditional surveillance cameras which require high levels of resources. Now the introduction of a smart camera is about to revolutionize the industry. WeSpot's camera combines the best of both basic systems in a single, completely new piece of technology. WeSpot AB, part of the C Technologies Group, is the company in the vanguard of this development which is focusing the attention of the world on Sweden. "WeSpot's system is really interesting and definitely worth taking a closer look at," says Mats Edberg, project leader at Securitas Direct International. "The concept works extremely well and is taking the industry in the right direction - obviating the need for both a camera and a movement detector to take pictures which can then be sent to the security central station. We can envisage making good use of this kind of system for alarm verification purposes and further reducing the number of unnecessary alarm call turn-outs, but also for facilitating sending the right type of emergency service personnel to the locality, e.g. police, fire brigade, security officers or service technicians." "WeSpot's concept is absolutely spot-on," concurs Fleming Eklund, Managing Director of Informationssystem AB, one of the leading companies of the industry in Sweden. "What makes WeSpot's ASIC-based camera unique is the fact that it offers 'automatic visual alarm verification'. Each camera is a self-contained unit which makes independent decisions and distributes intelligent information. It can identify objects, separate them from each other, store and send pictures. "I am convinced that WeSpot's product is needed - and quickly," says Eklund. Vattenfall AB, one of the leading energy suppliers in Europe, has also taken a look at WeSpot's camera and shown an interest. In future, Vattenfall is likely to be in a position where it will benefit from WeSpot's concept, for both plant security and trespass control purposes. "WeSpot's concept feels fresh and new. It is very interesting that they have a separate ASIC processor which handles decisions within the camera itself so that you don't need to have someone sitting and watching the monitor," says Markus Norström, Project Leader of Vattenfall's Development Department. The WeSpot camera was shown for the first time at the CeBIT exhibition in Hanover, where the company received a great deal of attention from potential customers and interested parties. "I'll stick my neck out and say that no one so far has failed to be impressed by the camera", says Lars Holmqvist, Managing Director of WeSpot. "The important thing for WeSpot to do now is enter a context with complete systems," says Fleming Eklund. This is something which WeSpot is close to achieving. For some time now, the company has been in more or less close contact with the world's leading industrial partners in the security industry. Now Lars Holmqvist and WeSpot are looking forward to the security exhibition being held in Birmingham on 21 - 24 May. "We expect to be able to take several new innovations to the show," says Holmqvist. It will be possible for WeSpot's technology to be used in a wide range of different fields of application. At IfSEC, WeSpot plans to exhibit five different applications: intelligent intrusion sensors, face recognition, nursing security, airport security and smart door openers. "We are a relatively small and flexible company with a great deal of technical expertise and experience in designing consumer electronics. We can therefore develop solutions to meet the needs of the customer," says Lars Holmqvist. Pictures for downloading can be found on www.wespot.com For further information, please contact: Lars Holmqvist, CEO of WeSpot AB. Tel. +46 (0)733-45 14 51 Pontus Nobréus, Area Manager at WeSpot AB. Tel. +46 (0)733-45 14 16 Birgitta Plyhm, Information Manager at C Technologies AB. Tel. +46 (0)702-07 36 32 WeSpot AB's business concept comprises smart cameras that register specific incidents and trigger the alarm. The aim is to be the first company to commercialise an alarm system with distributed image processing and to offer this to a large market. The second step is to strive to become the leading player within the field of smart image sensors for a variety of applications. WeSpot AB was founded in 1999 and now has about 25 employees and an office at the Ideon Research Park in Lund. The company is a subsidiary of C Technologies AB with Malmöhus Invest AB, SEB Företagsinvest and CR&T Ventures as minority owners. C Technologies is listed on the Stockholm Stock Exchange O-list (Attract 40). For more information visit our web site: www.wespot.com C Technologies AB (publ) was founded in 1996 and is a Swedish well- established high-technology company with cutting-edge expertise within the fields of digital camera technology, image processing and digital pens. The Company's primary product is the C-Pen digital pen, which has received several important international awards for best IT product. The C-Pen scans, stores, processes and transmits text to a PC, either by infrared or by cable. The pen can also translate, send e-mail, SMS and facsimiles as well as reading barcodes. The C Technologies Group currently has about 250 employees and offices located in Lund, Stockholm, Atlanta, Boston and Tokyo. Major shareholders include company founder Christer Fåhraeus, State Street Bank, Ericsson Mobile Communications and SEB Fonder. C Technologies' share is listed on the O- list of the OM Stockholm Exchange (Attract 40). The Group also comprises the subsidiaries Anoto AB and WeSpot AB. For more information visit our web site: www.ctechnologies.se or www.cpen.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/05/08/20010508BIT00910/bit0001.doc http://www.bit.se/bitonline/2001/05/08/20010508BIT00910/bit0001.pdf