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Avigilon Corp
Symbol AVO
Shares Issued 43,826,589
Close 2017-09-18 C$ 18.00
Market Cap C$ 788,878,602
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Avigilon to preview Avigilon Blue at ASIS 2017

2017-09-19 09:28 ET - News Release

Mr. James Henderson reports

AVIGILON ANNOUNCES AVIGILON BLUE, A NEW SUBSCRIPTION-BASED CLOUD SERVICE PLATFORM POWERED BY MICROSOFT AZURE

Avigilon Corp. will preview Avigilon Blue, its new integrator cloud service platform, at ASIS 2017.

Avigilon Blue is a powerful cloud service platform for security and surveillance that is purpose-built for Avigilon partners and their customers. It will offer a new recurring monthly revenue model based on site subscriptions. Avigilon Blue will enable subscribers to add new services as the platform expands, bringing additional value to their business. It will also allow partners to remotely support and service sites with fewer resources, enabling them to scale their business faster while providing even greater value to their customers. For subscribers, Avigilon Blue will provide advanced cloud technology for easy and secure system access, smart notifications, system upgrades, and new services pushed directly from the cloud.

"We are introducing Avigilon Blue, our subscription-based cloud service platform for security and surveillance, to help revolutionize our industry and create a new recurring revenue business model for Avigilon and our partners," said James Henderson, Avigilon's chief operating officer. "Collaborating with Microsoft allows us to use their trusted Microsoft Azure cloud platform to build a cutting-edge solution that provides inherent value to our customers."

A new level of managed services

With Avigilon Blue, partners will be able to deliver a new level of managed services with a platform that is straightforward and intuitive, whether they are an IT novice or an expert. It will provide site analytics and automatic system health notifications, and enable remote monitoring as well as identification of system performance trends. Partners will be able to adjust camera settings and perform system upgrades from the cloud without having to deploy a technician. Users will be automatically notified of the latest updates, ensuring systems remain secure and current.

Advanced video analytics-based notifications

Harnessing patented Avigilon self-learning video analytics, Avigilon Blue will utilize real-time alarm notifications to bring attention to the events that matter most. The system integrates an on-premise Avigilon Blue Connect device that supports local storage as well as Avigilon and ONVIF compliant cameras, and sends critical events to the cloud for users to view and verify from their Web-connected device.

Trusted and secure cloud technology

Powered by Azure, Avigilon Blue will leverage cloud services that are built, deployed and managed through a global network of trusted data centres, providing customers with enterprise-grade security and global scale.

Rapid innovation deployed through the cloud

The launch of the Avigilon Blue platform will be a foundational step that will enable partners and their subscribers to take advantage of Avigilon's rapid innovation through an expanding selection of subscription service offerings, starting with video surveillance and advanced video analytics.

Avigilon Blue is expected to be available in the first quarter of 2018.

For further benefits and features of Avigilon Blue, please visit the company's website.

For more information on product availability, please contact the company, or come see the product demonstration at ASIS 2017, at the Kay Bailey Hutchison Convention Center stand 4056, in Dallas, Tex., Sept. 26 to 28, 2017.

About Avigilon Corp.

Avigilon provides trusted security solutions to the global market. Avigilon designs, develops and manufactures video analytics, network video management software and hardware, surveillance cameras, and access control solutions.

We seek Safe Harbor.

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