MESA, Ariz., March 21, 2023 (GLOBE NEWSWIRE) -- Iveda® (NASDAQ:IVDA), the global solution for cloud-based AI video and sensor technologies, proudly announces an update following the October launch of Iveda Philippines JV (joint venture), anticipating initial 2023 deployments to be a minimum of $3 million. Each initial smart city deployment across the region will range from $250,000 to $500,000 with recurring revenue for annual fees covering software maintenance and upgrades. Iveda Philippines JV
Iveda Solutions, Inc (NASDAQ: IVDA) struck a 20-year, exclusive distribution agreement, creating a physical security partnership with Logistica Corporativa Agua Azul, part of the Grupo Desson portfolio, effectively bringing innovative AI video search and IoT technology to the Latin American market. The contract aims to bring in 100 new customer locations annually, to be implemented with recurring revenue streams. Iveda expects to generate a minimum of $44 million throughout the first 20 years of
Iveda effectively brings AI technology to LATAM through initial security deployment with Grupo Desson Mesa, Arizona, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Iveda® (NASDAQ:IVDA), the global solution for cloud-based AI video and sensor technologies, today announced a 20-year, exclusive distribution agreement, creating a physical security partnership with Logistica Corporativa Agua Azul––part of the Grupo Desson portfolio––effectively bringing innovative AI video search and IoT technology to the Latin A