SOURCE: Stratera, Inc.

November 20, 2008 08:00 ET

Stratera Secures Agreement With Axis Communications to Offer IP Camera Solutions

CANYON RANCH, CA,--(Marketwire - November 20, 2008) - Stratera, Inc. (PINKSHEETS: STRR) announced today that they have been approved by Axis Communication to become an authorized reseller of IP camera solutions.

35 percent annual growth

IMS Research forecasts a strong long term growth for network video products with an average yearly growth of 35 percent the coming five years.

According to a survey carried out by the market research institute IMS Research, the shift from analog to digital technology involves a new approach to the installation of security systems. The closed circuit systems of the past will give way to open and fully integrated systems, something which is possible with Axis' network video solutions. The shift in technology, from analog to digital, is a strong contributory factor in the predicted growth. Other factors are the economic climate, new laws and regulations, and increasing security consciousness throughout the world.

The 2008 edition of the annual IMS Research report "The World Market for CCTV & Video Surveillance Equipment" is based on reported data for 2007 and contains comprehensive information on all vendors providing analogue and digital video surveillance equipment such as cameras, recording solutions and video encoders.

About Axis Communications

Axis is an IT company offering network video solutions for professional installations. The company is the global market leader in network video, driving the ongoing shift from analog to digital video surveillance. Axis products and solutions focus on security surveillance and remote monitoring, and are based on innovative, open technology platforms.

Axis is a Swedish-based company, operating worldwide with offices in more than 20 countries and cooperating with partners in more than 70 countries. Founded in 1984, Axis is listed on the NASDAQ OMX Stockholm.

About Stratera, Inc.

Stratera, Inc. is a one-stop turnkey home automation solution provider, offering the integration of home automation with the focus of saving energy, money and providing the convenience of home technology for the high end housing market and commercial enterprises.

STRATERA provides comprehensive energy saving automation solution analysis, systems design, equipment purchase, installation, integration, and off-site monitoring. In performing these tasks, special consideration is given to five areas:

--  The creation of automated systems designed to control and save energy
--  Applying systems, which offer capabilities to incorporate the maximum
    amount of existing equipment
--  Utilization of non-proprietary components
--  The consideration of systems' expansion and feature capacities to
    support future requirements
--  Overall client energy cost reduction
    

FORWARD-LOOKING STATEMENT: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in the home automation industry; the positioning of STRR in the market; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether STRR can successfully gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.

Contact Information

  • CONTACT INFORMATION

    Stratera, Inc.
    Carl Lee Cummings
    (951)239-3036
    Email Contact

    Investor Relations Contact:
    Michael Cummings
    CTM Investments, Inc.
    13700 Alton Parkway, Suite 154-277
    Irvine, Ca. 92618
    (949)307-8606
    Email Contact