SOURCE: Iveda Solutions, Inc.

Iveda Solutions, Inc.

August 14, 2012 10:30 ET

Iveda Solutions, Integral Member of Pinkerton-Led "Federation" of Cloud Integrated Service

MESA, AZ--(Marketwire - Aug 14, 2012) - Iveda Solutions, Inc. (OTCBB: IVDA) announced today its membership in an elite group of security-oriented companies called The Vigilance Federation (TVF) headed by Pinkerton Corporate Risk Management. The founding members collectively provide a single cloud-based service subscription.

Last week, Pinkerton publicly announced TVF, its mission, and the six founding members. The member companies are experts in their own fields ranging from global situational awareness dashboards, GPS tracking, cloud-based video surveillance, targeted global satellite imagery, explosives detection service, and "person-of-interest" link analysis visualization.

Specifically, Pinkerton selected Iveda Solutions for its expertise in enterprise-class cloud video surveillance and its SAFETY Act Designation from the Department of Homeland Security as a Qualified Anti-Terrorism Technology provider.

"The Federation delivers technology, information and analysis from six different companies, fused together as a service. We're breaking new ground in the security industry -- and are excited to be extending the reach of potentially life-saving security information and services to a full spectrum of large, mid-sized and small companies, and even individual customers," said Robert Dodge, Senior Vice President of Pinkerton.

Pinkerton is the nation's oldest professional protection firm, owned by Securitas, a Swedish company with 295,000 employees in over 60 countries.

TVF offers an integrated bundled service that brings the agility, cohesion, and precision of enterprise-class cloud services to its customers' security missions allowing them to take advantage of best-in-kind security systems that are easy to use, quick to deploy, and no traditional infrastructure build out. Access to information is through a web interface with a single login, in one dashboard, using any Internet-accessible device.

"We have been evangelizing cloud-video surveillance since 2003 and Pinkerton's recognition of its value to the ever challenging global security threats further validates the services we have been providing our customers since our founding days," said David Ly, President and CEO of Iveda Solutions. "It is truly an honor for our company to be part of TVF and to be working alongside Pinkerton and the other member companies," added Ly.

Along with products and service of the founding members, TVF utilized IvedaEnterprise, Iveda Solutions' centralized video hosting and management service and its fully integrated wireless camera system at the recent G8/NATO Summit in Chicago. It was the first extensive and successful real-world test of the integration. It will also be used by a group of large company customers and certain government agencies at both the Democratic and Republican conventions this summer.

The six TVF founding companies are Advantage Factory, Breadcrumb, Detectachem, Iveda Solutions, Pinkerton, and Swan Island Networks.

About Iveda Solutions
Iveda Solutions, Inc. (OTCBB: IVDA) is a premier online surveillance technology innovator and Managed Video Services provider. Based in Mesa, AZ, with a subsidiary in Taiwan (MEGAsys), Iveda Solutions develops and markets enterprise-class cloud video surveillance services. Iveda Solutions has a SAFETY Act Designation by the Department of Homeland Security as a Qualified Anti-Terrorism Technology provider. For more information call 800-385-8618 or visit www.ivedasolutions.com.

About Pinkerton
Pinkerton Corporate Risk Management is a leading global provider of security, investigations and risk management services, with offices in North America, Latin America, Europe and Asia. Pinkerton is a division of Securitas, a global leader in security services with 295,000 employees in over 60 countries. For information go to www.pinkerton.com.

This contains forward-looking statements. Actual results could vary materially from those expected due to a variety of risk factors. Iveda Solutions' business is subject to significant risks and uncertainties discussed in its SEC filings, including but not limited to its report on Form 10-K for the year ended December 31, 2011 and its subsequently filed 10-Q quarterly reports. Iveda Solutions undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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