Dubai- 30th January 2008:  For many businesses taking the decision to outsource your CCTV surveillance may not be an easy one. The potential benefits of outsourcing, however, are appealing.  As a business to be able to have remotely monitoring services without spending a fortune on hiring watchmen and buy surveillance monitoring equipments is an option that it's difficult to ignore.

In order to provide customers in the Middle East with security solutions not only more innovative and effective, but much less expensive, DynaPel Systems, Inc., a leading state of art developer of digital video analytics appliances, smart cameras and networked digital video recorders in Europe, has signed a strategic partnership agreement with Eyes on Watch (EoW), a leading remote surveillance management solutions provider.

Under the agreement, Eyes on Watch will provide businesses that are equipped with DynaPel surveillance systems with remotely monitoring services including providing updated security reports and alerts twenty four hours seven days a week. It will also allow the two companies' joint customers to implement DynaPel security solutions more quickly while reducing their time-to-market and overall operating costs of implementing surveillance monitoring technologies. Moreover, DynaPel's technology enables great savings on transmission cost for remote surveillance providing much more cost-effective compared to remote surveillance via traditional CCTV systems.

"With DynaPel CloseView auto-tracking PTZ-camera, users only need to transmit one video channel versus up to 4 fixed cameras that would be needed to cover the same area in a traditional system," explained Paul Fevang, DynaPel's CEO. "Therefore, we strongly believe that the combination of DynaPel technology and EoW services will constitute a unique and competitive offering to our joint customers and will take surveillance and security solutions to the next level by combining our collective creative and technology strengths and experience."

The increasing need for personal protection and acceptance of new technologies are offering the global security surveillance equipment market limitless opportunities for the future. According to recent reports, "The global CCTV market (including both IP-based CCTV and conventional CCTV) has been growing at a 12.38 percent for the period spanning from 2005 to 2007 and is forecasted to grow to over 13 percent from 2007 to 2011.[1]

"We are proud partner with DynaPel, which is a proven leader and innovator in state-of-art surveillance and security systems," said Kumar Natarajan, the President and the CEO of Eyes on Watch.  "We provide our customers with in-depth business monitoring expertise, innovative methods and reliability to secure your business from any threat or danger. Businesses can simply outsource all their CCTV monitoring surveillance to us and focus in their core business activities instead. Hence, we believe that this partnership will offer our customers in the Middle East with a broader range of world-class security solutions."

Eyes on Watch, which was established in 2005 in India, offers a number of cutting edge technology in live video feeds and archive video footage which help trace, identify, alert and manage businesses-intelligently, with a possibility to tailor made the research criteria as per business requirements.

 "Partnering with EoW, will allow both companies to leverage each others and strengthen their presence in the Middle East market by offering high-quality products and service-centric security solutions to banks, malls, hospitals, schools, supermarkets and various businesses in the region," added Paul. "Being able to provide an outstanding and robust value proposition to our customers, we expect our joint products to become an integral part of our customer service strategy."

DynaPel, which is a US registered company, traded at the Oslo Stock Exchange under the ticker "DYNA", has more than 235 dealers in the US alone. It also enjoys a large presence in the UK and has conducted more than 30 systems pilots in the Middle East region. The company offers intelligent, automated video solutions which increase significantly the effectiveness of video surveillance operations for commercial and government organizations. The company's technology is based on in-house developed and patented sophisticated video analytics algorithms.

-Ends-

About DynaPel Systems:
DynaPel Systems, Inc. is a leading developer of intelligent video surveillance software and hardware appliances for physical security applications. A US registered company traded at the Oslo Stock Exchange under the ticker "DYNA". The company was founded in 1992 and headquartered in Florida. DynaPel products increase significantly the effectiveness of video surveillance operations for commercial and government organizations. The technology is based on in-house developed and patented sophisticated video analytics algorithms.  DynaPel employs a highly-skilled professional team and experienced management. The company has its engineering and development facility in Munich, Germany, and sales offices in Memphis, New York, Munich, and Oslo. DynaPel markets its products through a network of certified dealers, distributors, system integrators, and OEM's.

For more information please contact:
Paul Fevang
CEO, DynaPel Systems, Inc.,
Oslo, Norway
Tel: + 47 932 55 554
Email: paul.fevang@dynapel.com

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The CONTENT Factory
P.O. Box 29764, Dubai - United Arab Emirates
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[1] Global CCTV Market Analysis (2007-2010) Report

© Press Release 2008