AXCESS Inc. Signs OEM Agreement with Odetics ITS.DALLAS--(BUSINESS WIRE)--Nov. 4, 1999-- AXCESS Inc. (Nasdaq:AXSI) announced today that it has signed an OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and agreement with Odetics ITS (Nasdaq:ODETA & ODETB) of Anaheim, Calif. Odetics ITS will utilize AXCESS' Prism Video MM-100 video transmitter technology as a video compression Encoding digital video to take up less storage space and transmission bandwidth. See video codec and data compression. video compression - Compression of sequences of images. engine in conjunction with its Vantage(TM) video detection technology used by traffic engineers for vehicle detection in intelligent transportation system (ITS) applications. The MM-100 utilizes an embedded processor A CPU chip used in a system other than a general purpose workstation, desktop or laptop computer. Such chips are used by the billions every year in a myriad of products. See embedded system. , single printed circuit board design to perform video transmission and recording functions for a wide range of remote monitoring (protocol) remote monitoring - (RMON) A network management protocol that allows network information to be gathered at a single computer. Whereas SNMP gathers network data from a single type of Management Information Base (MIB), RMON 1 defines nine additional MIBs that provide a applications including: video/audio capture, video/audio compression, Pre-Alarm(TM) and event video recording, alarming and output controls. It supports transmission over various facilities such as standard telephone lines, ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. , and TCP/IP TCP/IP in full Transmission Control Protocol/Internet Protocol Standard Internet communications protocols that allow digital computers to communicate over long distances. for a dedicated network or for the Internet. It is designed to provide a low cost solution for adding digital video to traffic monitoring points at intersections or on freeways. The agreement calls for AXCESS to provide MM-100 boards and a custom version of its receiver software to allow for easy integration into Odetics ITS' existing systems. "The MM-100 board is ideal for integrating live or recorded video into ITS applications at intersections, freeway monitoring sites, toll booths, etc. The small, single board design is physically easy to integrate as well as being economical for a variety of uses. Odetics ITS has a well established position in the industry and we are pleased that we were chosen to support their ITS programs," stated Allan Griebenow, president and ceo of AXCESS Inc. The compressed, digital video technology of AXCESS enables cost-effective, remote access. The low bandwidth transmission allows for more circuits on a given fiber link and for other communications facilities, such as standard phone lines. The MM-100 was introduced in August of 1998 and, in addition to supporting physical security applications, it is currently installed in numerous ITS applications around the country. Odetics ITS Inc., a subsidiary of Odetics Inc., is a leading provider of advanced information software and sensor technologies that improve the efficiency and safety of surface transportation. Odetics ITS has combined information technology, system integration and applied sensors to offer a broad range of transportation solutions. The company is headquartered in Anaheim, Calif. For more information about Odetics, Inc. and its subsidiaries, see the company's Web site at www.odetics.com. AXCESS Inc. and Odetics ITS will both be exhibiting at the ITS World Congress trade show, November 8th-12th in Toronto. AXCESS Inc., founded in 1982 as Lasertechnics, Inc. and headquartered in Dallas, markets a complete line of integrated surveillance products employing active RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. technology and networked video/audio to solve security problems. Hands-free, long range RFID (radio frequency identification See RFID. ) technology is used to control access as well as track and monitor vehicles, assets and people. In July of this year, AXCESS acquired Prism Video, Inc.'s digital video technology. Using patented digital video compression technology, the Prism line of remote transmission and digital recording products provide security surveillance (CCTV CCTV abbr. closed-circuit television CCTV closed-circuit television ), security video recording, traffic monitoring and networked digital communication across phone lines or TCP/IP connections (LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. , WAN and the Internet). For more information on RFID products go to www.axcessinc.com and for more digital video product information see www.prismvideo.com. |
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