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0 0.0736356648731744 0.273328209069946 0.260261337432744 0.257801691006917 0.537432744043044 0.598923904688701 0.418332052267486
Stock impact report

Iveda Advances Egyptian Localization Strategy, Signing Major New Manufacturing Partnership for Local Production of the Latest in 360 Camera Technology

Iveda Solutions, Inc. (IVDA) 
NASDAQ:AMEX Investor Relations: iveda.com/investor-relations
Company Research Source: Business Wire
Partnership with AOI Electronics and ZeroTech taps into Egypt’s fast-growing security camera market and lays groundwork for broader technology localization MESA, Ariz.--(BUSINESS WIRE)--Iveda® (NASDAQ: IVDA), the global leader in cloud-based AI video analytics technology, today announced a major expansion of its regional strategy in Egypt with a new tri-lateral manufacturing partnership between the Arab Organization for Industrialization (AOI) and Egyptian security technology developer, ZeroTech. This agreement marks the next step in Iveda’s localization roadmap, following the recent transfer of VEMO Body Cam manufacturing to Egypt.Under this new initiative, AOI and ZeroTech will begin local production of Iveda360, Iveda’s advanced 360-degree smart surveillance camera engineered for real-time AI video analytics. Unlike older 360-camera generations that suffer from image warping and distortion, Iveda360 delivers true-to-environment, anti-warp imaging, enabling accurate AI detection Show less Read more
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