Local SME, KAI Square Pte Ltd (KAI Square) makes a move to enter into the US$3 billion global [1] digital video recording (DVR) and security surveillance market. The SME recently signed a licensing agreement with the marketing and commercialisation arm of the Agency for Science, Technology and Research (A*STAR), Exploit Technologies Pte Ltd (Exploit Technologies), to commercialise a “black box” [2] platform for automobiles.
KAI Square is the software and hardware vendor for local public bus fleet operators' in-vehicle surveillance system and central management system. The company has teamed up with A*STAR’s Data Storage Institute (DSI), to provide an integrated solution targeted to benefit fleet operators.
DSI’s “black box” platform, called the In-Vehicle Event Management System (IVEMS), is an advanced, multi-channel, mobile digital wireless-enabled video surveillance system. It makes use of proprietary firmware design and software algorithms to ensure video data integrity and system reliability. IVEMS is capable of recording ‘24/7’ and can store up to 30 days of video surveillance data.
The IVEMs complements KAI Square’s central management portal, Juzz4logistics, an award-winning, total turnkey solution for real-time surveillance needs in the logistics and transportation industries. This service rides on the cutting-edge mobile internet technology to help fleet operators effectively manage their fleet of vehicles through the use of real-time, information transfer. When coupled with IVEMS, KAI Square’s Juzz4Logistics promises to deliver, to the fleet operators, the highest standards of communication between the fleet operators' control centres and their vehicles.
“KAI Square has been looking for suitable front end devices to complement its advanced central management portal and DSI’s IVEMS, will offer more functionalities and help to cut short integration efforts required at our side, thus, saving costs in the long run,” added Dr. Neo Shi Yong, Chief Executive Officer of KAI Square.
“IVEMS stands out as it is able to store more data, making it suitable for installation in automobiles for 24/7 video surveillance over a longer period of time. This synergistic tie-up would be beneficial to both parties and perhaps give us a foothold into the DVR market.” said Dr Chang Kuan Teck, Deputy Executive Director (Industry) for Data Storage Institute.
Aside from the licensing agreement, Exploit Technologies, had also gap-funded this collaboration between KAI Square and DSI. “A*STAR had a market ready technology, while KAI Square, on the other hand, was looking for a customised technology to complement its central management portal,” explained Mr Philip Lim, Chief Executive Officer of Exploit Technologies. “Exploit Technologies came into the picture as the catalyst to help bridge this gap and facilitated the commercial adoption of A*STAR’s technology.”
Juzz4logistics with IVEMS is targeted to be available in the market in late 2011.
[1] Source: http://www.asmag.com/print_article.aspx?id=7658
[2]Black box is a generic term used to describe the computerised flight data recorders carried by modern commercial aircraft. The Flight Data Recorder (FDR) is a miniaturised computer system which tracks a variety of data regarding the flight of the plane, such as airspeed, position, and altitude. This device is typically used in conjunction with a second black box known as the Cockpit Voice Recorder (CVR), which documents radio transmissions and sounds in the cockpit, such as the pilots' voices and engine noises. In the event of a mishap, the information stored in these black boxes can be used to help determine the cause of the accident.
For media enquiries, please contact:
Dr. Neo Shi Yong
Chief Executive Officer
Kai Square Pte Ltd
33 Ubi Ave 3, #07-58
Singapore 408868
Tel: 93390955
Email: neo(at)kaisquare.com
Ms Sabariah Aris
Senior Manager, Corporate Marketing and Communications
Exploit Technologies Pte Ltd (A member of A*STAR)
DID: (65) 6478 8443
Email: sabariah(at)exploit-tech.com
Ms Melissa Koh
Officer, Corporate Communications
Data Storage Institute (DSI)
5 Engineering Drive 1
Singapore 117608
DID: (65) 6874 6852 Fax: (65) 6776 6527/6466 7716
Email: kohljm(at)scei.a-star.edu.sg
About Kai Square Pte Ltd.
KAI Square is a technological company that specializes in empowering artificial intelligence for surveillance systems. The cutting- edge technology’s "open platform cloud based video monitoring and management system" developed by KAI Square, uses state-of-the-art robust tracking algorithms to support a wide range of video analytic functions. The system allows any streaming video footages to be stored, archived and analysed, and when alerted, real time video can be pushed instantly to any mobile devices. KAI Square has a growing
clientele which comprises fleet operators, the police force and businesses in the healthcare, security and logistics sector. The company’s successful business model and technology has won them awards including the Emerging Enterprise Award 2010, Red Herring 2010, SITF Awards 2009 and Merlions Award 2009. For more information, please visit www.kaisquare.com
About Exploit Technologies Pte Ltd
Exploit Technologies is the strategic marketing and commercialisation arm of the Agency for Science, Technology and Research (A*STAR). Its mission is to support A*STAR in transforming the economy through commercialising R&D. Exploit Technologies enhances the research output of A*STAR scientists by translating their inventions into marketable products or processes. Through licensing deals and spinoffs with industry partners, Exploit Technologies is a key driver of technology transfer in Singapore. It actively engages industry leaders and players to commercialise A*STAR's technologies and capabilities, bridging the gap from Mind to Market. Exploit Technologies’ charter is to identify, protect and exploit promising intellectual property (IP) created by A*STAR’s research institutes.
For more information, please visit www.exploit-tech.com.
About Data Storage Institute
The Data Storage Institute (DSI) is a member of the Agency for Science, Technology and Research (A*STAR). Established in 1992 as the Magnetics Technology Centre (MTC), it was renamed Data Storage Institute in 1996. The research institute's vision is to be a vital node in a global community of knowledge generation and innovation, nurturing research talents and capabilities for world-class R&D in next generation storage technologies. DSI is a member of the non-profit Information Storage Industry Consortium (INSIC) of USA. For more information, please visit http://www.dsi.a-star.edu.sg
The Agency for Science, Technology and Research (A*STAR) is the lead agency for fostering world-class scientific research and talent for a vibrant knowledge-based and innovation-driven Singapore. A*STAR oversees 14 biomedical sciences and physical sciences and engineering research institutes, and nine consortia & centres, located in Biopolis and Fusionopolis as well as their immediate vicinity.
A*STAR supports Singapore's key economic clusters by providing intellectual, human and industrial capital to its partners in industry. It also supports extramural research in the universities, hospitals, research centres, and with other local and international partners.
For more information about A*STAR, please visit www.a-star.edu.sg.
