ComCam Announces Intent to Acquire 1st Choice Security Solutions

  • Apr 15, 2011

ComCam International Inc. announced today has entered into a Letter of Intent to acquire all of the issued and outstanding shares of 1st Choice Security Solutions of Georgia (1st Choice), an OEM supplier of ultra-long range RFID technology in a stock and cash transaction expected to close June 2011. On completion of the transaction 1st Choice will become a wholly owned subsidiary of ComCam.

"We have worked with Pete Martin of 1st Choice for many years on fusing video and RFID. 1st Choice expertise in RFID applications makes them a valuable addition to our business. The combination of our products and RFID technology make it cost effective to deploy a comprehensive remote operations management solution like our joint venture with the School of Franchise and Business Development launched by serial entrepreneur Joe Bisogno of Kansas City,” said ComCam CEO Don Gilbreath.

"The ability to add the ComCam Micro-Server's wireless video capabilities to our RFID products will provide our security and supply chain integrators the capability to supply solutions never available before and give them a substantial edge over their competitors. We plan to introduce these enhanced capabilities to our supply chain partners at the RFID Journal Live Show in Orlando this week as we did to our security partners at the ISC West Show in Las Vegas last week," said 1st Choice President Pete Martin.

Featured

  • The Next Generation

    Video security technology has reached an inflection point. With advancements in cloud infrastructure and internet bandwidth, hybrid cloud solutions can now deliver new capabilities and business opportunities for security professionals and their customers. Read Now

  • Help Your Customer Protect Themselves

    In the world of IT, insider threats are on a steep upward trajectory. The cost of these threats - including negligent and malicious employees that may steal authorized users’ credentials, rose from $8.3 million in 2018 to $16.2 million in 2023. Insider threats towards physical infrastructures often bleed into the realm of cybersecurity; for instance, consider an unauthorized user breaching a physical data center and plugging in a laptop to download and steal sensitive digital information. Read Now

  • Enhanced Situation Awareness

    Did someone break into the building? Maybe it is just an employee pulling an all-nighter. Or is it an actual perpetrator? Audio analytics, available in many AI-enabled cameras, can add context to what operators see on the screen, helping them validate assumptions. If a glass-break detection alert is received moments before seeing a person on camera, the added situational awareness makes the event more actionable. Read Now

  • Transformative Advances

    Over the past decade, machine learning has enabled transformative advances in physical security technology. We have seen some amazing progress in using machine learning algorithms to train computers to assess and improve computational processes. Although such tools are helpful for security and operations, machines are still far from being capable of thinking or acting like humans. They do, however, offer unique opportunities for teams to enhance security and productivity. Read Now

Most   Popular

Featured Cybersecurity

New Products

  • QCS7230 System-on-Chip (SoC)

    QCS7230 System-on-Chip (SoC)

    The latest Qualcomm® Vision Intelligence Platform offers next-generation smart camera IoT solutions to improve safety and security across enterprises, cities and spaces. The Vision Intelligence Platform was expanded in March 2022 with the introduction of the QCS7230 System-on-Chip (SoC), which delivers superior artificial intelligence (AI) inferencing at the edge. 3

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis. 3

  • PE80 Series

    PE80 Series by SARGENT / ED4000/PED5000 Series by Corbin Russwin

    ASSA ABLOY, a global leader in access solutions, has announced the launch of two next generation exit devices from long-standing leaders in the premium exit device market: the PE80 Series by SARGENT and the PED4000/PED5000 Series by Corbin Russwin. These new exit devices boast industry-first features that are specifically designed to provide enhanced safety, security and convenience, setting new standards for exit solutions. The SARGENT PE80 and Corbin Russwin PED4000/PED5000 Series exit devices are engineered to meet the ever-evolving needs of modern buildings. Featuring the high strength, security and durability that ASSA ABLOY is known for, the new exit devices deliver several innovative, industry-first features in addition to elegant design finishes for every opening. 3