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Iverify Acquires Remote Video Patrol

Sunday, 25 Sep 2005

Iverify announces the acquisition of a portfolio of remote video monitoring contracts in the multifamily housing industry which included 56 low income housing apartment complexes in Chicago. With the acquisition, Iverify expands its focus to include the Multi-Family Housing market. The multifamily industry has historically used security guards to provide protection at their properties.

Mike May, Presdient and CEO of Iverify said “with the capability of remotely monitoring complex residential properties anywhere in the country Iverify moves into a position where it can increase the protection and security coverage of these challenging residential environments while reducing the cost of protection for residential real estate management firms by as much as 70% below current costs for security guard services. Further interactive video provides property management with the ability to tour their properties and asses conditions that need response such as trash, abandoned vehicles, propped doors, graffiti, vandalism all from their desktop computer further enhancing the value of deployed video systems as a management tool.”

About Iverify

iVerify is a rapidly growing intelligent-video and audio-monitoring company, specializing in fundamental-security principles and leading-edge surveillance technologies. iVerify has built one of the most sophisticated Video Monitoring Centers (VMC) in the United States, from which local, regional and national locations are remotely monitored and secured by specially-trained security professionals to reduce loss from internal theft, shoplifting and robbery. iVerify is headquartered in Charlotte, North Carolina.