ASX Announcement 6 December 2017
Linius Appoints Tom Slowe to Lead Security and Defense
Video surveillance is a $40billion market
72 million hours of video acquired daily
Linius makes surveillance video instantly actionable
NEW YORK, NY – December 06, 2017: Linius Technologies Limited (ASX: LNU) today announced Tom Slowe as executive vice president for the Security and Defense division. Linius’ Video Virtualization Engine™ (VVE) transforms vast quantities of surveillance video footage into data, which produces faster, more intelligent and comprehensive search results, speeding time to actionable intelligence.
Linius enables new video compilations to be aggregated seamlessly from multiple video sources, instantly. Currently, this done manually by video analysts and editors, a painstakingly slow process. Linius’ VVE creates valuable possibilities in the fight against crime and terrorism.
Tom Slowe brings two decades of video industry experience, applying disruptive artificial intelligence and big data to video for organizations including the US Intelligence Community (IC), US Department of Defense (DoD) and commercial security organizations.
Tom Slowe said, “I believe Linius’ VVE is set to revolutionize the way that the IC/DoD, first responders, and commercial security organizations currently work. We live in increasingly uncertain environments and the VVE creates valuable, unparalleled prevention possibilities in the fight against crime and terrorism. I’ve been working with artificial intelligence in the video space my entire career and I’ve never seen anything as ground-breaking as what Linius can do for security and video surveillance.”
About Linius Technologies Limited:
Linius Technologies Limited (ASX:LNU) has invented and patented the Video Virtualization Engine™ (VVE), which is available on Amazon Web Services, Microsoft Azure and IBM BlueMix.
Amazon, Microsoft and IBM are investing billions in virtualizing video services (technologies) and artificial intelligence in the cloud. It is arguably the biggest battle on the internet, given that video accounts for over 80 percent of internet traffic.
Only Linius can expose the data that makes up the video file, making cumbersome video as flexible as all other forms of data. Accessing the data within the video file is the missing link for video cloud service providers, creating unparalleled value across the internet video industry.
Linius has the potential to transform many multi-billion dollar markets, and is initially focused on:
- Anti-Piracy: Applying proven data protection methods to video to solve piracy
- Search: Search within videos and compile new videos on the fly
- Security and Defense: Intelligent search and immediate distribution of security footage
- Personalized Advertising: Hyper personalized to individuals, timeslots and content
For more information please contact:
Chris Richardson, Chief Executive Officer
Linius Technologies Limited
www.linius.com / T: +61 3 8680 2317
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