By: Matt Rego
Force Protection Video Equipment Corp. (OTCQB: FPVD) supplies body camera solutions and surveillance accessories to law enforcement agencies and to consumers. The surveillance solutions company is seeing shares rally 20% on heavy volume, during early trading on Tuesday, August 16, 2016. Over the past three months, Force Protection Video Equipment Corp. (OTCQB: FPVD) has seen average daily volume of around 4.72 million shares. However, nearly 8.3 million shares or dollar volume of around $94,400, has already exchanged hands during early trading.
Shares of Force Protection Video Equipment Corp. (OTCQB: FPVD) are rallying today, after management announced the company has received orders from the U.S. Department of Homeland Security for its LE 50 and LE 10 body cameras, which are powered by the latest Ambarella Inc (NASDAQ: AMBA) video chips. In addition, the cameras are able to record 10 hours of 1080p video or 12 hours of 720p video. Here is the press release detailing of the government order:
Force Protection Video Equipment Corp (OTCQB: FPVD) Press Release:
CARY, N.C.–(BUSINESS WIRE)–Force Protection Video Equipment (OTC Markets: “FPVD”) which sells HD body camera systems and accessories for law enforcement announced that it has received an order from the DHS/DEPARTMENT OF HOMELAND SECURITY for multiple LE50 and LE10 camera kits.
This is order is direct result of our recent attendance at a National Security Conference Expo.
The LE50 and LE10 are state of the art designed body cameras strategically built around the latest Ambarella chip sets (AMBA).
The LE50 key design features are:
Industry leading record time (10 hours @1080,12 hours @720)
50 hours of standby time
32GB of internal tamperproof storage
White LED illumination
30 second pre and post record
Integration with VeriPic© Evidence Management Software.
“The LE50 was developed using current guidelines that Law Enforcement nationwide have written into their requirements for purchase of Bodycams for their officers. Our camera and software via VeriPic® meets and exceeds these requirements. We are also the first company to build into a Body Camera an audio announcement feature. When the camera first starts to record an announcement clearly states” ATTENTION AUDIO AND VIDEO RECORDING HAS STARTED, when the cameras recording mode is stopped it clearly states. ATTENTION AUDIO AND VIDEO RECORDING HAS STOPPED. Our studies show when someone is made aware of a recording taking place their attitude and demeanor tend to turn more positive and less aggressive towards police officers. The LE50 uses white diode lighting in our design. The reason mainly relies on a safety issue. Cameras that utilize IR lighting can be harmful due the brightness of the IR light and the fact that the human eye does not react to this source of light, there is a high probability of whomever looks at these lights can possible damage or injure their sight.”
VeriPic® is a leading supplier of enterprise photo and evidence management software to Law Enforcement Agencies. Military, Medical Institutions and Corporate customers. VeriPic© products handle evidence in thousands of criminal cases throughout the country. VeriPic® is the holder of multiple patents for their evidence management solution software.
The Force Protection Video LE10 and LE50 cameras are rugged HD design which incorporates Ambarella (AMBA) made chips that allow cameras and other devices to record high definition video. It is the chip supplier of the popular GoPro® (GPRO) sports cameras.
If you would like more information about this topic, please contact Paul Feldman at FORCE PROTECTION VIDEO EQUIPMENT or email at INFO@FORCEPROVIDEO.