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MOBOTIX reports US market revenue growth of 50%

Published on 13 October, 2010

MOBOTIX builds strength in US market as revenue grows by 50%
ASIS International 2010 saw the rollout of the MOBOTIX IP Video Door Station T24
MOBOTIX, a technology leader and system provider of digital high-resolution network-based video security systems, announced significant U.S. market growth over the past fiscal year with revenue increasing by 50 percent over the previous year. The company's growth, coming during a year of continued economic uncertainty, validates its strategic efforts to build a solid ecosystem of integrator and reseller partners, a diverse and highly differentiated product mix, and a robust channel to reach core vertical industries.

The company's unique decentralised approach to delivering high-resolution images over an IP video network quickly impressed customers looking to find solutions that do not require a huge IT infrastructure investment. MOBOTIX anticipates continued growth in the United States by providing the highest-quality megapixel surveillance systems available to B2B customers and consumers.

"MOBOTIX established a solid footprint in the United States and will continue to invest in this market," said Lutz Coelen, Chief Financial Officer, MOBOTIX AG. "We are excited to see increased traction in this market and will continue to gain market share."

"MOBOTIX's success over the past year signifies that the U.S. market is rethinking video surveillance solutions and customers are now eager to adopt a combination of the best image capture, processing and delivery system on the market," said Steve Gorski, general manager for the Americas, MOBOTIX AG. "Working from a strong technology, partner and channel foundation, MOBOITX is quickly becoming the obvious choice for IP video security."

The company anticipates continued strong performance in 2011, particularly as it expands into the consumer market with the rollout of the IP Video Door Station T24, shown for the first time in the U.S. at the ASIS show in Dallas. By brining superior image quality, voice-and-video integration and remote access to homes, consumers will now be able to realise the total safety and security benefits associated with high-resolution IP network video security. In addition, MOBOTIX is looking to continue fostering key partnerships in emerging technology as well as continuing to work closer with and expand its deep reseller network to broaden its reach into new and existing vertical industry markets.

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