CITY OF INDUSTRY, Calif., Oct. 22, 2003 (PRIMEZONE) -- Global ePoint, Inc. (Global) (NASDAQ:GEPT) today announced the installation and operation of its wireless digital video surveillance system for the City of Riverside Police Department in California. The Riverside system has been initially installed in 10 patrol vehicles, with a configuration large enough to store digital video and audio data for approximately 35 vehicles for up to one year.
The system was produced by the company's Sequent Technologies division, which has developed a long-range video, audio and data transmission product line that includes its Raidius Information Management System ("IMS") and Ranger 350i equipment. Installation of the system was performed by EDO Technical Services Operations, a division of EDO Corporation (NYSE: EDO)
The Raidius IMS incorporates patent pending processes owned, engineered and developed by Sequent, including Sequent's exclusive video data telemetry embedding system, and a revolutionary "Video Assembler" technology. This next generation system automatically starts recording digital video, audio and other data when an incident is initiated. Immediate access to this data by law enforcement personnel can be obtained from central command centers anywhere based on simple English language requests.
With Raidius IMS, whenever patrol vehicles return to their stations, hours of video/audio data can be wirelessly transferred in minutes to Sequent's Information Archive system using Sequent's exclusive "Assembler Server" technology. The Assembler Server then provides up to 128 virtual channels of pre-formatted data for entry into any relational database system, giving law enforcement agencies immediate access to the video, audio and data telemetry.
The Riverside Police Department's Raidius IMS system includes an Oracle database system integrated by EDO Technical Services Operation. Sean Fischer, Sequent's Chief Operations Officer commented, "We are very pleased with EDO's success in being the first to deliver Sequent's Raidius IMS technology, and anticipate that this can be the first of many law enforcement applications that demonstrate the superiority of Sequent's next generation products and technologies. We will also be working on a number of public safety and Homeland Security applications using our Video Assembler technology."
Toresa Lou, Global's Chief Executive Officer added, "Having Sequent's wireless digital video surveillance system installed at a major law enforcement agency is a significant milestone. It is the first system of its kind to become fully operational. It is a testament to our product that, through our strategic partner, EDO Technical Services Operations, the Riverside Police Department chose our system over all other available systems. As a result of the system introduction in Riverside, we have now begun to refine our marketing strategies and plans in order to determine the best methodology to introduce our Raidius products to law-enforcement agencies throughout the United States."
Sequent Technologies will be at the 110th Annual Conference of the International Association of the Chiefs of Police (IACP) in Philadelphia, PA on October 22-24, 2003. The Ranger 350i platform and its deployment at the Riverside Police Department will be prominently featured at booth # 2362, with experts available to answer specific questions about the solution throughout the show.
About EDO Corporation
EDO Corporation provides military products and professional services to the United States and allied governments, and their prime defense contractors. EDO focuses on systems and subsystems that are integral to the success of long-term military platforms, such as the B-1B bomber, the F/A-22, the Joint Strike Fighter, and the Comanche helicopter. Examples of the company's highly engineered products include aircraft weapon-release systems, ship and aircraft self-protect systems, and high-performance composite structures. The company also has a number of commercial product lines. A disciplined acquisition program is diversifying the base of major platforms and customers. EDO is at the core of the transformation to a lighter, faster and smarter national defense capability.
About Global ePoint
The Company has two main operating divisions. One operating division, McDigit, manufactures customized computers and provides comprehensive solutions for industrial personal computer, commercial personal computer and contract manufacturing markets. This division currently provides approximately 80% of the industrial computers to companies that supply x-ray security equipment for the airline industry. McDigit has recently begun expanding its manufacturing into other markets, such as consumer retail sales, medical applications and PC gaming applications. The Company's other operating division, Sequent Technologies, is in the process of establishing initial market acceptance of its long-range video, audio and data transmission system, called the "RAIDIUS System," including the "Ranger" and "Paladin" products. Sequent's systems are designed to transmit video, audio and data streams from anywhere using virtually any data transmission system and the Internet. Sequent's ability to network video surveillance systems and provide secure access via existing Internet, cellular and computer interfaces is designed to enhance the potential use of video in Law Enforcement, Public Safety, Commercial Security, Homeland Defense, Airport/Airline and Military applications. For more information on Global ePoint, visit its website at www.globalepoint.com.
Any forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Act of 1995. Investors are cautioned that actual results may differ substantially from such forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, the successful completion of equity raises, which may be necessary for Global to implement its plans to develop new market opportunities, continued acceptance of Global's products and services in the marketplace, competitive factors, new products and technological changes, Global's successful entry into new markets, Global's ability to increase its customer base, as well as general, political and other uncertainties related to customer purchases and agreements and other risks detailed in Global's periodic filings with the Securities and Exchange Commission. Such forward-looking statements speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statements to reflect events or circumstances after the date of this release.