Vidsys and Samsung S-1 Corporation execute global distribution agreement
VIENNA, VA ─ June 21, 2016 - Vidsys, a global provider of enterprise Converged Security and Information Management (CSIM) software, announced today that it has signed a Strategic Collaboration and Distribution Agreement with S-1 Corporation (“S1”), a global leader in security systems and integration. S1, an affiliate of Samsung Group, is launching its new Security Innovation Center (SIC) at its Headquarters building in Seoul, Korea, leveraging the Vidsys CSIM Platform and Samsung’s security products along with other best-of-breed technologies.
A key goal of the partnership includes delivering a proven and scalable solution set that addresses unique vertical market requirements such as for airports, smart buildings, smart cities, and others enterprise applications with converged security and information management solutions.
“S1 sees tremendous market-growth opportunities working with Vidsys,” said Jong-Guk Kim, Executive Vice President of S-1 Corporation. “In addition to fulfilling our corporate mission of delivering mission-critical solutions for our customers, this agreement with Vidsys further expands our innovation strategy and S1 brand significantly.”
Vidsys’ CSIM platform connects, integrates, and correlates data from sensors, devices, systems, subsystems and services to be interconnected and presented as meaningful and actionable information, in real-time. Vidsys software also fully supports i18n and is being used in multiple languages globally, including Korean, by large government and commercial customers in Europe, Middle East, Asia, and Americas.
“We are thrilled to continue our global expansion with S-1 Corporation and see tremendous value in the first-class Security Innovation Center in Seoul, Korea,” said James I. Chong, Vidsys CEO. “S1’s forward-thinking business strategy aligns well with our technology roadmap, including IoT applications.”