2 months ago
Two-year statement pinch an action for an further 3 years pinch City of Miraflores
Visium Technologies, Inc. (OTCBB:VISM)
“We are excited for this task arsenic it opens up a demonstrable validation of nan galore uses of our TruContextTM technology.”— Mark Lucky
FAIRFAX, VA, USA, March 8, 2024 / EINPresswire.com / -- Visium Technologies, Inc, (“Visium” aliases nan “Company”) (OTCMKTS:VISM) a world cybersecurity, analytics, predictive technologies, and IT infrastructure master services company, announced coming that they were awarded a multi-million-dollar work statement pinch its exertion partner IREX AI, for nan 1st Smart City successful nan state of Peru to present Ethical Layered Intelligence (ELITM). Through a broad 2-year contract, which includes an action for a 3-year extension, nan authorities of nan City of Miraflores, a territory of nan Lima Province, will merge state-of-the-art SearchveillanceTM exertion into its existing CCTV information camera network.
ELITM is nan premier AI video-based solution that empowers metropolis governments, nationalist information organizations, proscription authorities, and work providers pinch an Ethical AI and Big Data platform. Leveraging precocious artificial intelligence algorithms, this innovative proprietary exertion developed by IREX and Visium will empower rule enforcement agencies pinch unparalleled capabilities to monitor, analyze, and respond to incidents successful real-time.
Public information organizations worldwide usage cameras to show activity and support first responders, and use from nan artificial intelligence capabilities needed to show monolithic amounts of video data. The integration of contextual information successful a layered attack adds an other magnitude to cybersecurity and nationalist information strategies, allowing for much informed decision-making and proactive threat detection. ELI is simply a cutting-edge exertion level that combines artificial intelligence capabilities pinch nan layering of contextual data, applied to video feeds. This task is pivotal for nan full federation of Peru arsenic Miraflores has go nan model for Smart City development. This model was presented successful caller municipality hallway meetings to each of nan mayors and organization leaders crossed nan nation, including each of nan awesome cities, municipalities, schools, and section businesses.
Key features of nan AI video searchveillance exertion include:
• Seamless Integration: The level seamlessly integrates pinch nan city’s existing CCTV camera infrastructure, optimizing operational ratio and assets utilization.
• Enhanced Public Safety: By harnessing nan powerfulness of AI, Visium’s proprietary exertion enables automated monitoring of unrecorded video feeds, allowing rule enforcement to swiftly observe and respond to imaginable threats aliases criminal activities.
• Smart Search Capabilities: Advanced hunt algorithms facilitate accelerated retrieval of captious video footage, importantly reducing investigation times and enhancing wide situational awareness.
• Smart City Infrastructure: The implementation of this exertion is simply a pivotal measurement towards establishing Miraflores arsenic a “smart” city, fostering invention and sustainable municipality development.
• Missing Children Initiative: The AI video searchveillance exertion will play a important domiciled successful nan city’s efforts to find missing children by enabling businesslike study of surveillance footage and recognition of applicable individuals.
Calvin Yadav, CEO of IREX, said, “There is nary denying that nationalist information is being driven by integer translator and finance successful smart cities. We are excited to merge IREX’s SearchveillanceTM exertion pinch Visium’s groundbreaking TruContextTM exertion platform. Integrating TruContextTM pinch nan powerful Ethical AI motor of IREX creates nan world’s first Real-Time intelligence whiteboard pinch video & image validation technology, ELITM (Ethical Layered Intelligence).“
Yadav added, “ELITM will alteration nan crippled by shaving months disconnected of investigation(s) for Federal & section rule enforcement aliases Military reconnaissance missions. Working pinch Visium and nan enhancements that their TruContextTM exertion provides to our Ethical Artificial Intelligence level helps our customers to make captious information decisions successful real-time. The implementation of nan AI video searchveillance exertion underscores Miraflores unwavering dedication to proactive crime prevention and nationalist information initiatives. With this innovative solution successful place, nan metropolis is poised to group caller benchmarks successful rule enforcement effectiveness and organization security.”
Mark Lucky, CEO of Visium, commented, “We are excited for this task arsenic it opens up a demonstrable validation of nan galore uses of our TruContextTM technology. With nan accelerated maturation of CCTV installs successful municipalities astir nan world, nan request to quickly place nationalist information threats successful existent clip tin create into a important contributor to gross and income growth.”
Lucky concluded, “We look guardant to moving pinch IREX AI connected this task and yet to beryllium announced early projects.”
About IREX AI, Inc.
IREX AI, Inc. is simply a supplier of AI-powered video analytics operating successful complete 30 countries worldwide. IREX’s ngo is to mold cities of nan future: safe, comfortable, and sustainable. The IREX Ethical AI and Big Data level focuses connected nationalist information and connects cameras and sensors to a unafraid backstage cloud, analyzing information successful real-time and providing vital, proactive opportunities to forestall information and information incidents. IREX allows cities to accommodate to ever-changing threats, utilizing Ethical AI exertion to combat 21st-century problems specified arsenic pandemics, overcrowding, missing children, wide shootings, rising crime rates, and overmuch more.
For much information, please sojourn www.IREX.AI
About Visium Technologies, Inc.
Visium Technologies (OTC PINK:VISM) is simply a cyber information solutions supplier that uses chart database exertion to present an analytics-driven, risk-based attack to cybersecurity that provides discourse to information truthful that users tin make intelligent decisions successful existent time. Built for nan US Army Cyber Command by MITRE Corporation (CyGraph), and past further developed by Visium, our world people TruContextTM exertion provides visualization, precocious cyber monitoring intelligence, information modeling, analytics, and automation to thief trim risk, simplify cyber security, and present amended information outcomes. TruContextTM plugs nan gaps near by different information tools.
For much accusation please sojourn www.visiumtechnologies.com
Safe Harbor Statement: Under nan Private Securities Litigation Reform Act of 1995: This merchandise includes forward-looking statements that bespeak management’s existent views pinch respect to early events and performance. These forward-looking statements are based connected management’s beliefs and assumptions and accusation presently available. The words “believe,” “expect,” “anticipate,” “intend,” “estimate,” “project” and akin expressions that do not subordinate solely to humanities matters place forward-looking statements. Investors should beryllium cautious successful relying connected forward-looking statements because they are taxable to a assortment of risks, uncertainties, and different factors that could origin existent results to disagree materially from those expressed successful immoderate specified forward-looking statements. These factors include, but are not constricted to, whether nan reverse banal divided will beryllium beneficial to nan Company and its shareholders, immoderate inability to meet nan NYSE American continued listing standards successful nan early for immoderate reason, and those different factors described successful our filings pinch nan U.S. Securities and Exchange Commission. Any work to update forward-looking statements is expressly disclaimed.
Mark Lucky
Visium Technologies, Inc.
+1 703-273-0383
[email protected]
