MESA, ARIZONA — (Marketwired) — 08/14/13 — Iveda Solutions, Inc. (OTCBB: IVDA) (“the Company”), a premier provider of cloud video hosting technology and solutions, today announced that it has retained RJ Falkner & Company, Inc. to develop and implement a comprehensive investor relations program for the Company.
RJ Falkner & Company, Inc. is an investment research and financial communications firm that seeks out undervalued small-cap companies with the potential to outperform the overall stock market on an intermediate- and long-term basis. Its research analysts work with the management of such companies to broaden their exposure within the investment community and expand the level of interest among investment professionals and high-net-worth individual investors. Additional information on RJ Falkner & Company is available on the Internet at .
“We selected RJ Falkner & Company as our investor relations firm because of its expertise in shareholder communications and the relationships that its research analysts have developed within the investment community over the past 44 years,” stated David Ly, Chief Executive Officer of Iveda Solutions, Inc.
“We are excited to be selected to provide a full range of investor relations services to Iveda Solutions, Inc.,” commented R. Jerry Falkner, CFA, President of RJ Falkner & Company, Inc. “In our opinion, Iveda Solutions is positioned to grow its revenue and profitability by providing cloud-based video solutions, including Video Surveillance as a Service (“VSaaS”), to commercial, industrial, residential and government customers on a global scale. The ability to manage and monitor video over secure websites provides significant operational and cost-saving benefits relative to traditional hard-wired or on-site server storage-based systems, thus opening the door for business efficiency applications as well as security solutions. We believe Iveda Solutions is well-positioned to target large market opportunities and are confident in management-s ability to significantly enhance shareholder value in coming years.”
The agreement between Iveda Solutions, Inc. and RJ Falkner & Company, Inc. covers at least one year and provides for assistance in investor relations, press release development, the preparation and distribution of independent analyses and research reports, and other related services of benefit to Iveda Solutions, Inc. Any forecasts, projections and/or conclusions contained in the research reports published by RJ Falkner & Company will be independently prepared by RJ Falkner & Company, unless otherwise stated, and will not be endorsed by the management of Iveda Solutions, Inc.
Iveda Solutions, Inc. (OTCBB: IVDA) is a premier cloud video hosting service provider, technology innovator and provider of enterprise-class Video Surveillance as a Service (“VSaaS”) solutions. The Company has received a SAFETY Act Designation by the Department of Homeland Security as a Qualified Anti-Terrorism Technology Provider.
Iveda Solutions is headquartered in Mesa, Arizona and has a subsidiary in Taiwan (MEGAsys). Its common stock trades on the OTC Bulletin Board and OTCQB under the symbol “IVDA”. For additional information, please call 800-385-8618 or visit .
This release includes forward-looking statements. Actual results may vary materially from those expected. Iveda Solutions- business is subject to significant risks and uncertainties described more thoroughly in the Company-s SEC filings, including but not limited to its report on Form 10-K for the year ended December 31, 2012 and its subsequently filed quarterly reports on Form 10-Q. All forward-looking statements made herein are qualified by such risk factors, and readers are advised to read consider such factors carefully. Iveda Solutions undertakes no obligation to revise these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
For Additional Information, Please Contact:
Brian Duling
CFO
Iveda Solutions
(480) 307-8700
or
RJ Falkner & Company, Inc.
Investor Relations Counsel
(830) 693-4400
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