|[March 13, 2013]
Motorola Solutions Invests in BriefCam
TEL AVIV --(Business Wire)--
Solutions, Inc. (NYSE: MSI (News - Alert)), through its strategic investment arm Motorola
Solutions Venture Capital, has announced its investment in BriefCam,
the developer and provider of Video Synopsis (News - Alert) solutions for the rapid
review, analysis and indexing of surveillance video. The funds will be
used to expand BriefCam's worldwide marketing and sales activities.
BriefCam's patented Video Synopsis technology enables the rapid review
of captured video - with an index to the original source, whether video
feed or archival footage - for on-the-spot event tracking, forensics and
BriefCam fulfills the global unmet need to browse video, investigate and
identify incidents rapidly, and take action. Its award-winning Video
Synopsis technology gives users the ability to review rapidly,
compacting hours of events into a "brief" that takes minutes to view.
The company's customers include police, military, border control and
other Homeland Security agencies, as well as security operations at
municipalities, transportation authorities, building and campus security
offices, retail loss prevention and more.
This investment is Motorola (News - Alert) Solutions' second in the Israeli market and
third in the surveillance video space since 2011.
"We have been looking into various companies in the Israeli hi-tech
industry, specifically in the area of public safety technologies," said
Boaz Or-Shraga, managing director, Motorola Solutions Ventre Capital.
"We were happy to find a great investment like BriefCam to expand our
exposure in the growing video space. The substantial growth in the
amount of surveillance videos created each year provides new
opportunities for public safety and other industries, and we're glad to
seize such an opportunity."
"BriefCam is delighted to welcome Motorola Solutions Venture Capital as
an investor and strategic partner," said Dror Irani, CEO and president
of BriefCam. "It is our hope that Motorola Solutions' experience
and global presence opens new opportunities for BriefCam in areas such
as public safety, safer cities and law enforcement, as well as
enterprise and retail. We expect Motorola Solutions' global presence
will also assist BriefCam greatly in accelerating penetration of new
geographic regions where we have not been active to date."
About Motorola Solutions
Motorola Solutions is a leading provider of mission-critical
communication solutions and services for enterprise and government
customers. Through leading-edge innovation and communications
technology, it is a global leader that enables its customers to be their
best in the moments that matter. Motorola Solutions trades on the New
York Stock Exchange under the ticker "MSI." To learn more, visit www.motorolasolutions.com.
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About Motorola Solutions Venture Capital
Motorola Solutions Venture Capital is the strategic equity investment
arm of Motorola Solutions. Its diversified portfolio is focused on
"new-idea" companies and opportunities that complement Motorola
Solutions' business strategy. Motorola Solutions Venture Capital invests
at all stages in developing companies to accelerate access to new
technologies, new markets and new talents. For more information, please
BriefCam®, Ltd. is the developer and provider of Video
Synopsis®, an award-winning technology that summarizes hours
of events into a "brief" that takes just minutes to watch, whether
direct video feed or archived footage. BriefCam products interface with
a wide range of DVR/NVRs, advanced IP cameras and complement existing
surveillance solutions. The company's mission is to enable the Total
Video Review of all footage recorded for safety and security. BriefCam
is winner of the 2012 Israel HLS Technology Innovation Award, the 2011
ASIS Accolades Award - Surveillance, the 2010 IFSEC Security Industry
Award - Best CCTV System Product, the 2010 Wall St. Journal Technology
Innovation Award - Physical Security and others. Founded in December
2007, BriefCam, Ltd. is headquartered in Neve Ilan, Israel, operates a
US subsidiary, BriefCam, Inc. and maintains sales offices in
Connecticut, USA and Shanghai, China. For more information: www.briefcam.com.
MOTOROLA, MOTO, MOTOROLA SOLUTIONS and the Stylized M Logo are
trademarks or registered trademarks of Motorola Trademark Holdings, LLC
and are used under license. All other trademarks are the property of
their respective owners. ©2013 Motorola Solutions, Inc. All rights
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