Avigilon Introduces Intelligent Analytics Expert Dr. Mahesh Saptharishi to the Executive Management Team

VANCOUVER, June 10, 2014 /CNW/ - Avigilon Corporation ("Avigilon" or "the Company") (TSX:AVO), a global leader in end-to-end security solutions, today announced the addition of Dr. Mahesh Saptharishi, senior vice president of analytics and data science, to the Company's executive management team, effective immediately. Dr. Saptharishi will continue to report directly to Avigilon's chief operating officer, Bryan Schmode.

Joining Avigilon in January 2014, following Avigilon's acquisition of VideoIQ Inc., Dr. Saptharishi will lead the development of Avigilon's analytics portfolio. Dr. Saptharishi has extensive experience creating intelligent video analytics solutions as well as in the development of software and camera hardware specifically for the security industry. In his role, he is playing a key part in the integration of analytics technology into Avigilon's product suite.

"We believe that machine intelligence is the wave of the future. Mahesh is one of the true pioneers of video analytics and has already made significant strides in optimizing this technology for the security market," said Bryan Schmode, chief operating officer, Avigilon. "His extensive experience and strong vision for the future will help us to continue to deepen our product offering and respond to the growing need for real-time intelligence from our global customer base. It is my pleasure to welcome Mahesh to the executive team."

Mahesh Saptharishi, senior vice president of analytics and data science

Dr. Mahesh Saptharishi has over 17 years of experience developing intelligent video analytics technology as well as software and camera hardware specifically for the security industry. As senior vice president of analytics and data science, Dr. Saptharishi is leading Avigilon's development of analytics technology and product strategy to maximize business intelligence capabilities and protect assets for organizations of all sizes. Prior to Avigilon, Dr. Saptharishi was president, chief technology officer and co-founder of VideoIQ, Inc. Dr. Saptharishi also co-founded and led the core analytics team at Broad Reach Technologies, Inc., where he was vice president of research & development. A highly respected thought leader in the surveillance industry, Dr. Saptharishi received his doctorate in machine learning from Carnegie Mellon University, where he was involved in research on autonomously navigating vehicles at the Robotics Institute and the Institute for Complex Engineering Systems. He has also studied the human immune system at the National Cancer Institute and has authored multiple peer reviewed scientific publications, articles and patents.

IFSEC International 2014 Tradeshow, London, UK

Dr. Saptharishi will be presenting at the IFSEC International tradeshow in London, UK on Thursday, June 19, 2014 at 12:30 pm BST. For complete details, please visit the IFSEC International website. 

About Avigilon

Avigilon Corporation is defining the future of protection through innovative end-to-end security solutions. Avigilon's industry-leading HD network video management software, megapixel cameras, access control and video analytics products are reinventing the security market. Information about Avigilon can be found at avigilon.com.

AVIGILON is a registered and/or unregistered trademark of Avigilon Corporation in Canada and other jurisdictions worldwide.

Forward Looking Statements

Certain statements contained in this news release, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Often, but not always, forward-looking statements or information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate" or "believes" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. With respect to forward-looking statements and information contained herein, we have made numerous assumptions. Although our management believes that the assumptions made and the expectations represented by such statement or information are reasonable, there can be no assurance that any forward-looking statement or information referenced herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Such risks, uncertainties and other factors include, among other things those risks identified in Avigilon's most recent Annual Information Form and prospectus, each of which is filed on SEDAR at www.sedar.com.

Although we have attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Also, many of the factors are beyond the control of Avigilon. Accordingly, readers should not place undue reliance on forward-looking statements or information. Avigilon undertakes no obligation to reissue or update any forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. All forward-looking statements and information herein are qualified by this cautionary statement.

SOURCE: Avigilon Corporation

Stephanie Von Zuben, Communications Specialist, [phone], [email protected]