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Honeywell Integrates Intel® Vision Products To Add Artificial Intelligence Capabilities To Video Security And Surveillance

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Honeywell (NYSE: HON) today announced a first-of-its-kind technology integration with Intel that will enable new artificial intelligence (AI) capabilities in its MAXPRO® connected security platform. The new security platform, which will support MAXPRO Network Video Recorders (NVR) and Video Management Systems (VMS), will incorporate Intel® Vision products that enable advanced analytics, deep learning and facial recognition capabilities. These greatly enhanced security solutions will drive cost and time savings by significantly reducing false alarms and will meet compliance requirements such as General Data Protection Regulation (GDPR) through identity anonymization.

“Ensuring the security of commercial buildings and the safety of those within them has always been Honeywell’s top priority,” said Pete Lau, President, Commercial Security, Honeywell. “With emerging technology like analytics, facial recognition and deep learning, Honeywell and Intel are connecting buildings and protecting people like never before.”

Advances in security and surveillance technology have increased demand for high-definition video and imaging offered by Internet Protocol (IP) cameras. The video surveillance global market is estimated to exceed $68 billion by 2023. At the same time, the technology to properly process the surge in vision data has lagged. End users require a solution that combines both building security and IT systems to address the challenge.

The integration of Intel Vision Products into the Honeywell MAXPRO NVR and VMS products will result in solutions that enhance site security and operator productivity. These integrated, customizable products will accelerate the processing time of each video stream and increase the number of cameras that can stream in real time through a single device. The adoption of Intel® Vision Accelerator Design products will provide Honeywell’s security offerings with advanced AI capabilities with computational efficiency, allowing them to analyze video data with improved detection accuracy.

With rapid advances in AI technology fueled by the influx of enormous amounts of visual data, our customers are presented with powerful new opportunities in multiple areas including edge video analytics and security,” said Jonathan Ballon, Vice President, Intel Internet of Things Group. “The Honeywell MAXPRO solution, powered by Intel Vision Products, allows customers to process and analyze visual data in near real-time to make decisions faster, drive faster time to results and help ensure secure buildings, campus environments and banking institutions.”

Beyond the software and hardware integrations, the partnership will also leverage the Intel® Distribution of OpenVINO™toolkit, which fast tracks the development of computer vision and deep learning inference into vision applications. Through the toolkit, end users can accelerate computer vision performance, shorten vision solution development, and streamline deep learning inference and deployment.

The toolkit’s deep learning capabilities will support Honeywell’s Face Recognition analytics, providing another layer of detail in the software that allows it to learn faces of known entities in an organization. The software is also capable of removing face recognition data it doesn’t recognize in compliance with GDPR requirements.

Honeywell will join the Intel IoT Solutions Alliance (ISA) and participate in Intel IoT RFP Ready Kits. A global organization comprised of more than 250 technology companies, ISA is dedicated to the development of scalable IoT and machine internet solutions. Intel IoT RFP Ready Kits are focused technology offerings that solve a class of market problems, have been deployed and tested in the field, and provide bundled hardware, software and support. The technology is designed to grow with customer requirements.

Honeywell MAXPRO and Face Recognition are among a suite of vision security solutions alongside Xtralis LoiterTrace, an image analysis tool that identifies and tracks suspicious activity, and Xtralis IntrusionTrace, a video analytics program for real-time intrusion detection. The solutions suite is ideal for high traffic, sensitive environments including enterprise campuses, pharmaceutical companies, and banking and financial institutions.

Honeywell Building Technologies (HBT) is a global business with more than 23,000 employees. HBT creates products, software and technologies found in more than 10 million buildings worldwide. Commercial building owners and occupants use our technologies to ensure their facilities are safe, energy efficient, sustainable and productive. For more news and information on Honeywell Building Technologies, visit http://www.honeywell.com/newsroom.

Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help everything from aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable.  For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

Intel (NASDAQ: INTC), a leader in the semiconductor industry, is shaping the data-centric future with computing and communications technology that is the foundation of the world’s innovations. The company’s engineering expertise is helping address the world’s greatest challenges as well as helping secure, power and connect billions of devices and the infrastructure of the smart, connected world – from the cloud to the network to the edge and everything in between. Find more information about Intel at newsroom.intel.com and intel.com.

 

SOURCE Honeywell

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SEC Small Business Advocate to Host Virtual Coffee Breaks Discussing Small Business Capital Raising

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Washington, D.C.–(Newsfile Corp. – March 31, 2020) – The Securities and Exchange Commission’s Office of the Advocate for Small Business Capital Formation is hosting a series of virtual coffee breaks to engage with the public to discuss updates, trends, and perspectives on how COVID-19 is impacting raising capital.

“Recognizing the increased focus on digital engagement as we take COVID-19 precautions, our office looks forward to using technology tools to reach thought leaders across the country to continue our mission of amplifying the voices of small businesses and their investors, from start-up to small cap and from coast-to-coast,” said Director Martha Miller.

Each virtual coffee break will spotlight what’s happening in a particular area of the market, incorporating feedback from entrepreneurs, investors, and other market participants. The office will host its first virtual coffee break on April 3 at 11 a.m. ET to discuss updates in online investment capital raising, a timely topic as many businesses and investors are considering new strategies to bridge networks.

Instructions on how to participate in these virtual events are available on the office’s virtual coffee breaks event page.  Businesses and investors are also encouraged to reach out to the office online at www.sec.gov/oasb, via email at smallbusiness@sec.gov, or by phone at 202-551-5407 for support with their capital raising needs.

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Cypherpunk Holdings Inc. Announces Resignation of CEO Due to Family Illness

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Toronto, Ontario–(Newsfile Corp. – March 31, 2020) – Cypherpunk Holdings Inc. (CSE: HODL) (“Cypherpunk” or the “Company“) announces that CEO Dominic Frisby is resigning from the company due to family illness.

“It is with great regret that I have to stand down from Cypherpunk Holdings, so early in our company’s evolution. I see such enormous potential both with the company and privacy technology more generally. However, some extremely difficult circumstances have arisen at home that have forced my hand, and I am unable to carry on. I have enjoyed my time as director and CEO enormously, and I would like to thank the board for having given me this opportunity. I am sorry my departure is so sudden.”

With the Covid-19 crisis ongoing, the board has decided it would be inappropriate to appoint a new CEO at present. Instead the focus will be on reducing costs and preserving capital. For the time being, a committee comprised of several directors of the board will run the day-to-day business of the company until a new CEO is appointed.

Cypherpunk Holdings Inc. is a vehicle set up to invest in companies, technologies and protocols, which enhance or protect privacy. Its strategy is to make targeted investments in businesses and assets with strong privacy, often within the blockchain ecosystem, including select cryptocurrencies. Cypherpunk’s common shares trade on the Canadian Securities Exchange under the symbol “HODL”.

More details, and the latest company presentation, can be found at the company website: https://cypherpunkholdings.com/

Cautionary Note Regarding Forward-Looking Information

This news release contains “forward-looking information” within the meaning of applicable securities laws. Generally, any statements that are not historical facts may contain forward-looking information, and forward-looking information can be identified by the use of forward-looking terminology 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 indicates that certain actions, events or results “may”, “could”, “would”, “might” or “will be” taken, “occur” or “be achieved”. Forward-looking information includes, but is not limited to the Company’s goal of making investments in the blockchain and other sectors and enhancing value. There is no assurance that the Company’s plans or objectives will be implemented as set out herein, or at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by law. Investors are cautioned against attributing undue certainty to forward-looking statements.

Investor Relations Contact:
Marc Henderson
Director
Cypherpunk Holdings Inc.,
Office: 416.599.8547

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/53997

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Bond Resources Closes Tranche 1 of Non-brokered Private Placement

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Vancouver, British Columbia–(Newsfile Corp. – March 31, 2020) – BOND RESOURCES INC. (CSE: BJB) (the “Company” or “Bond”) announces that, further to its news releases of November 15, 2019 and February 4, 2020, it has closed Tranche 1 of its non-brokered private placement (the “Financing”), raising $1,618,210 in gross proceeds through the issuance of 8,091,050 units (the “Units”) at a price of $0.20 per Unit. The Financing is being undertaken in conjunction with the Company’s proposed acquisition of an interest in the Mary K Property, in Idaho.

Each Unit is comprised of one common share and one-half of one common share purchase warrant (a “Warrant”), with each whole Warrant entitling the holder to purchase one common share (a “Share”) of the Company at a price of $0.40 per Share for a period of two years following the closing date, subject to an accelerated expiry if the closing price of the Shares is equal to or greater than $0.60 per Share for 20 consecutive trading days at any time following four months after the date of closing.

The structure of the transaction to acquire the Mary K Property has changed to reflect that new agreements with the property owners have been put in place. Bond will now be acquiring all of the shares of a private Canadian company, which wholly owns a US subsidiary, which in turn holds the contractual rights to acquire the Mary K Property. The overall cost to acquire the Mary K Property remains the same; however some of those costs have already been paid by the target company. As a result, the number of shares to be issued to acquire the target has increased to 66,000,000 shares.

The Company intends to use the proceeds from the Financing toward making initial payments to the underlying property owners ($507,600), initiating the recommended work program on the property ($850,000), and costs associated with closing the transaction.

Aggregate compensation of $85,128.00 and 212,820 finders’ warrants (having the same general terms as the Warrants) was paid by the Company to Mackie Research Capital Corporation as a finders’ fee for the portion of the Tranche 1 closing of the Financing attributable to their efforts.

All securities issued in connection with the Financing are subject to a hold period of four months and one day in accordance with the rules and policies of the Canadian Securities Exchange and applicable Canadian securities laws. The Company has 13,941,050 common shares issued and outstanding following the completion of the Financing.

The Company has received a technical report on the Mark K Property, which it has filed with the CSE as part of its application for approval of the proposed transaction. A copy will be posted on SEDAR upon closing.

Other

The Transaction was negotiated at arm’s length. The Transaction constitutes a fundamental transaction under the policies of the Canadian Securities Exchange (the “CSE”) including a change of control, and as such, it will require approval of the Exchange and a majority of the minority shareholders of Bond. It is expected trading of Bond’s common shares on the CSE will remain halted pending closing of the Transaction.

Further details will follow in subsequent news releases and the Listing Statement to be filed with the CSE.

ON BEHALF OF THE BOARD

Signed “Robert Eadie”
Robert Eadie, Lead Director

FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-602-4935
Facsimile: 1-604-602-4936
Contact: Robert Eadie

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

This news release does not constitute an offer of sale of any of the foregoing securities in the United States. None of the foregoing securities have been and will not be registered under the U.S. Securities Act of 1933, as amended (the “1933 Act”) or any applicable state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) or persons in the United States absent registration or an applicable exemption from such registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sale of the foregoing securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to: the ability to close the Transaction; the terms and conditions of the proposed Transaction; the terms and conditions of the proposed Financing; future work to be carried on the Property; use of funds; and the business and operations of Bond after the proposed Transaction. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There is no assurance any of the forward-looking statements will be completed as described herein, or at all. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; operating and technical difficulties in connection with mineral exploration and development activities, lack of investor interest in the Financing; requirements for additional capital; future prices of gold and precious metals; changes in general economic conditions; accidents, delays or the failure to receive board, shareholder or regulatory approvals, including the required permits; results of current exploration and testing; changes in laws, regulations and policies affecting mining operations; and title disputes. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Bond Resources disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/53987

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