Axis Communications is returning for the 21st edition of Intersec from 20 – 22 January 2019. Axis will showcase the many dimensions of products, solutions and services across Retail, Critical Infrastructure and Smart Cities. Future of security Philippe Kubbinga, Regional Director - Middle East & Africa, Axis Communications, “At Axis, we have stayed at the forefront by constantly challenging the status quo and investing in our people and our partners. As we move into another year, we have an ever-increasing demand for smart products, solutions and services. In the last year, network audio, edge analytics, multi-sensors and privacy of data dominated in demand, conversations and actual applications – trends we deem very positive for our industry.” We have continued to add new dimensions in our offerings across Retail, Critical Infrastructure and are also seeing a positive trend in Smart Cities" “We have continued to add new dimensions in our offerings across Retail, Critical Infrastructure and are also seeing a positive trend in Smart Cities. At Intersec 2019, we look forward to an in-depth conversation with our ecosystem on the future of security and surveillance, and its constantly adapting landscape and application.” Security end points Martin Gren, Co-Founder of Axis Communications, will be a key speaker at the Intersec Future Security Summit on 20th January 2019 where he will discuss “Future of global security industry: security end points viewed as a mode of connection, not an intrusion.” At the stand, visitors can experience the Q8742 Bi-Spectral Camera, Q1645-LE Fixed Box Outdoor Camera, Q6125-LE PTZ with IR, Access Control, Analytics, Audio Products and Management Software, Technologies and the award-winning AXIS P3717-PLE. Axis Communications will be located at stand S1-J12, Dubai International Convention and Exhibition Centre. In the lead up to Intersec, Axis also shared the Key Technology Trends for 2019. Key technology trends Johan Paulsson, Chief Technology Officer, Axis Communications, “It’s become a tradition to write about the key technology trends that we think will have a significant impact on our business over the coming year and the security sector as a whole.” In thinking about 2019 we see a number of the key trends being an extension of those we identified at the start of 2018" “Future-gazing is never an easy task, and while many new technologies and broader issues will no doubt be significant in the long-term, what particularly interests us are those areas where we can see a compelling use case in the shorter-term. As such, in thinking about 2019 we see a number of the key trends being an extension of those we identified at the start of 2018.” Incremental improvements In our industry today, machine or deep-learning is mostly used for video analytics, but we expect the technology will be an important component in many different applications and products in the future. Over time it will become a common tool for software engineers and will be included in many different environments and devices. But, again, its application will be driven by the most compelling use cases, not by the technology itself. There is a temptation in the surveillance and security sector to over-promise in relation to new technologies. This has been true of AI in video analytics and, particularly, in some of the claims made around the current application of deep learning. With AI and deep learning, as with any new technology, we’re committed to making sure its implementation is robust, reliable and addresses real customer challenges. Research and progress will continue, steadily, and bring incremental improvements and benefits over the next year rather than radical change. Ever-increased capacity Cloud computing is based on the centralised computing in one or many data center, and as the proliferation of connected Cloud computing is based on the centralised computing in one or many data center, and as the proliferation of connected, Internet of Things (IoT) devices grows exponentially, so does the amount of data produced. Even as more data centers with ever-increased capacity are created, this tsunami of data could become overwhelming. This can be particularly critical in areas such as video surveillance, where despite the development of technologies designed to reduce storage and bandwidth needs, data demands are still significant. This is where the benefits of edge computing come to the fore. In simple terms, as its name suggest, edge computing puts more data processing at the ‘edge’ of the network, close to where the data is collected by the sensor and before transfer to the data center. Addressing security In our business, edge computing means processing data within the camera itself. Firstly, initial processing of data within the camera can significantly reduce the bandwidth demands of both data transfer and storage. Additionally, data can be anonymised and encrypted before it is transferred, addressing security and privacy concerns. Ultimately, cloud and edge computing will not be an ‘either…or’ decision; the two will work in balance to the greatest benefit. In years to come, 2018 might be considered as the year when broad awareness of data privacy reached its highest point, particularly that associated with personal information. To those in the public and private sectors, the EU’s General Data Protection Regulation (GDPR) bought a higher level of scrutiny than ever before to how organisations collect, store, share and use personal information (including that captured by video surveillance). Heightened awareness This data is used by the likes of Facebook, Amazon, Google and others to increase the value of these services through a high degree of personalisation To the broader consumer, however, it is more likely to be issues relating to Facebook’s use of data which has heightened awareness and concern regarding what happens to the personal data given away online. Ultimately, we live in a world where we have been given valuable online services in exchange for knowingly or unconsciously handing over a significant amount of personal data. Indeed, this data is used by the likes of Facebook, Amazon, Google and others to increase the value of these services through a high degree of personalisation. To many, however, it feels like a line has been crossed between useful personalisation and invasion of privacy, and the rumours that home voice assistants listen in to domestic conversations will only cause this unease to increase. Most impactful aspects Ultimately, the trust between an organisation and its customers is becoming an increasingly important and tangible asset. Concerns about a company’s approach to privacy and the use of personal data will be one of the most impactful aspects of trust in business moving forwards. Can something continue to be a ‘trend’ when it appears every year, and is a constant concern? Whatever your answer to that question, it’s impossible to think about issues that will affect every sector this year without a mention of cybersecurity. Indeed, in relation to the previous point, the fastest way to damage trust between a company and its customers (and shareholders) is through a cybersecurity breach. Good cybersecurity practice Cybersecurity will never be solved, because the cybercriminals will never stop trying to find and exploit vulnerabilities Cybersecurity will never be solved, because the cybercriminals (and increasingly nation states) will never stop trying to find and exploit vulnerabilities. These organisations are incredibly well-funded and organised and can innovate much more quickly than companies that need to adhere to industry regulations. Attacks are becoming more sophisticated, at a time when the number of connected devices mean that potential vulnerabilities and insecure network end-points are growing exponentially. One particular area of vulnerability that has been highlighted recently is in the supply chain, where either a lack of good cybersecurity practice or even deliberately malicious actions can result in cybersecurity breaches being achieved through both software and hardware. The provenance of products is ever more critical than ever, with manufacturers needing to be confident that every link in their supply chain is a secure as it should be. Environmental impact We’ve already seen how video analytics can be used as an operational planning tool by organisations looking to improve energy efficiency within offices, with the subsequent positive benefits for the environment. But new types of sensors can more accurately measure environmental impact across an organisation’s sites, effectively acting as highly sensitive artificial ‘noses’ calibrated to different forms of output, and thermal imaging can be used to pinpoint areas of energy wastage. For instance, one critical area where such sensors can heighten awareness, understanding and, increasingly allow for remedial action is in air quality. Whether inside buildings or in the external urban environment, the negative impacts on health and associated costs are becoming an ever-greater issue. Effective response Smart sensors will have a central role to play in addressing the problem globally. Such applications add value to organisations through efficiencies and cost savings (and, hopefully, health benefits), but also help them reach their own environmental and sustainability goals. But a final trend that we’re confident will be increasingly prevalent in 2019 will be combining and integrating sensors to prompt ‘smart’ actions In themselves, individual sensors such as those described above can deliver significant benefits. But a final trend that we’re confident will be increasingly prevalent in 2019 will be combining and integrating sensors to prompt ‘smart’ actions. For instance, in a smart city, a motion sensor connected to a barrier could trigger a camera which, in turn, would trigger an alert in the operations center, allowing for rapid and appropriate response. Or an environmental sensor could again trigger a video or thermal camera to quickly identify fires or spillages, again prompting alerts which will create a more rapid and effective response. Bringing new technologies When the range of sensors are considered – from thermal to motion, from atmospheric to video – the ways in which they could be combined are endless, as are the potential benefits of doing so. Technology continues to develop at a rapid and accelerating pace. While it can be easy to become distracted by the potential of every new trend or innovation, each must be considered in relation to the use cases that are going to deliver maximum positive impact and value to organisations and citizens. This remains the lens through which we view technology trends and their application, and 2019 promises to be another exciting year in bringing new technologies to market in increasingly useful ways.
Innovating for a smarter, safer world, industry leaders from Axis highlight the latest trends in surveillance and analytics technology. Ranging from cybersecurity and IoT audio products in retail, to new radar detection technology and access control, the innovations on show are substantial Industry leaders including Axis Communications, the market leader in network video, have taken to the floor at IFSEC 2017 to discuss how innovative security and intelligent IoT devices have the power to transform security and safety levels, as well as increase operational efficiencies for business success. In a video of news and views directly from the event, Martin Gren, Co-Founder of Axis and IFSEC’s top influencer of the security industry for 2017, was on hand alongside Axis experts, exploring: The importance of audio Internet of Things (IoT) technology within retail environments Axis’ push for greater cybersecurity expertise among its partner network The addition of analytics in retail contributing to the rise of the intelligent high street Axis’ access control integration with HID Global and SimonsVoss New radar detection technology to provide high-end perimeter security Innovations that address the key challenges of our time Martin Gren, Co-Founder of Axis Communications, states, “It’s a great pleasure to be voted as the leading influencer in the security industry for pioneering work in driving video surveillance from analogue to IP. Of course, we aren’t standing still and we continue to innovate for the future, driving towards an increasingly connected world. We have some great new technologies that can be integrated with security systems – horn speakers, IP door stations and even radar detection. Alongside our smart Zipstream compression, Axis’ radar detection is one of the most interesting new offerings on show.” Collaboration to ensure cybersecurity "When it comes to applying best practice to networks or security systems, there’s a gap in the cybersecurity market which Axis and its partners are directly addressing" Atul Rajput, Regional Director for Northern Europe, highlighted the scope and challenges of cybersecurity within the industry, stating, “We saw the Mirai botnet last year, and more recently the WannaCrypt ransomware. In the security industry, we have tremendous risk management expertise in relation to people, property, and assets. When it comes to applying best practice to networks or security systems, there’s a gap in the cybersecurity market which Axis and its partners are directly addressing.” “We have been extending IoT capabilities from video to audio, and these products are some of the solutions we’re most looking forward to showcasing at IFSEC this year. The ability for retailers to have a camera looking at a queue, then sounding an alert should that queue reach a certain size, really highlights the potential of synergistic IoT technology in retail.” Integrated analytics and the intelligent high street Andy Martin, Business Development Manager, Retail, confirmed, “The intelligent high street is about using the IP platform to connect new devices, giving it functionality for marketing, operations and sales departments, and of course security and loss prevention specialists. It not only includes connecting devices like tagging systems and Point of Sale, but also adding analytics to increase the value added. Real-time analytics can help retail specialists know how to respond to the number of people within, or the way people are behaving, in a store. Through analytics, retailers can start to change and flex their labour.” IoT access control Speaking on Axis’ latest innovations in the access control sphere, John Allen, Business Development Manager, Access Control, noted, “What we’re showing here is a combination of access control linked to audio and outdoor management solutions, to try and give visitors an idea of how we can deliver a solution to their taste, not to our product requirements. The two most important things we’re highlighting are our collaborations with HID Global and SimonsVoss, showcasing mobile access and wireless locking – there’s a fantastic demonstration available that’s been very popular.”
Axis Communications has helped solve one of the largest challenges within the surveillance industry today with the launch of its new experience centre to educate on the potential for IoT technology, brought to life in an interactive environment. Axis now offers engaging experiences around the intelligent applications available through IP camera technology in their new centre—the largest and most advanced of its kind in the UK.Showcasing surveillance technologiesThe Axis Experience Centre is designed to bridge the current education gap between the capabilities of the technology on offer and the perception of surveillance technology as solely for security. On show are the variety of technologies that contribute to greater levels of business intelligence, big data, and analytics, succeeding in increasing merchandising effectiveness, safety, and overall return on investment (RoI) in simulated real-world situations. As cyber security tops the news agenda, Axis experts are also on hand to discuss how a holistic approach to security can protect increasingly networked environments.Showcased at the centre are surveillance technologies such as sound identification, intrusion detection and access control systems, as well as analytic innovations such as people counting and occupancy tracking, designed to assist with business intelligence and marketing effectiveness. Attendees at the launch found Axis’ Dark Room particularly immersive, highlighting the capabilities of IP camera technology within dark and low-light environments such as tube stations and warehouses at night. This demonstration utilised AXIS Lightfinder, thermal imaging, and wide dynamic range (WDR) technology to showcase how varied light levels can still produce broadcast quality images.Intelligent surveillance technologyThe new Experience Centre, opened by Martin Gren, Axis’ Co-Founder and Co-inventor of the IP camera; Atul Rajput, Regional Director for Northern Europe; and Bodil Sonesson, Vice President of Global Sales; is designed to provide partners, resellers, installers, and customers the right information and tools to thrive in the modern surveillance industry. Tying in to Axis’ recent celebration of its 20th anniversary in the UK, the launch reasserts its dedication to British markets and its drive towards enabling a smarter, safer world. "With the addition of our new Experience Centre in the UK, Axis can better showcase the real-world applications of innovative technologies" Martin Gren, Co-Founder of Axis Communications commented, “With security at the top of the European agenda, the benefits of intelligent surveillance technology are clear. But as organisations adopt technology in an increasingly networked world, it is essential to protect systems from cyber threats. Working with a partner that really understands these issues is critical to ensure compliance with IT network security policies. I remember when we first opened an office in London 20 years’ ago at the inception of the IP camera market. In this time, not only has the technology evolved, but the industry challenges have also increased. Our new experience centre is our platform to demonstrate how our innovative technology addresses the key challenges of our time.” Real-world applications of technologyAtul Rajput, Regional Director, Northern Europe at Axis Communications, added, “With the addition of our new Experience Centre in the UK, Axis can better showcase the real-world applications of innovative technologies to our growing number of partners and customers across the UK and Ireland. Axis has been built on partnership; and this new facility reflects this. As such, Axis partners are now able to freely use the centre for further training and meetings to better support their own business agendas, highlighting our commitment to the UK market. Our recent relocation to Luton provides an excellent strategic base for UK operations and our new experience centre. Location was a key consideration—with London Luton Airport just ten minutes away and the M1 close-by, we are able to quickly and easily access all areas of the UK.”Bodil Sonesson, Vice President of Global Sales at Axis Communications, stated, “It was pleasing to see our partners impressed with the new experience centre, which now gives our customers the possibility to see solutions adapted for all segments. Intelligent video, sound and access control, as well as solutions for small businesses and video management software, are just some of the demonstrations available.”
Axis Communications, the global provider of intelligent surveillance technology, yesterday held the official launch of the new Axis Experience Centre in Luton. The event was a chance for Axis’ partners to meet with the senior management team and explore how the new centre operates, all the while celebrating the company’s 20th anniversary over a glass of champagne. The centre was officially opened by Axis Communications co-founder Martin Gren, along with Bodil Sonesson, the company’s VP of Global Sales. The toast was led by Atul Rajput, Regional Director, Northern Europe. As one of Axis’ first ever employees, Rajput was particularly well placed to thank partners for their collaboration over the last twenty years. As celebrations continued, SourceSecurity.com was lucky enough to join Axis’ partners in a tour of the new facility. Exploring the Axis Experience Centre What immediately became apparent was that this was no ordinary showroom. In contrast to open-space demonstration rooms traditionally favoured by the security industry, the Experience Centre takes end users on a flowing tour where they can experience Axis solutions in a variety of environments simulating real-world problems. The tour typically takes two hours, and is designed for small groups of people to allow in-depth discussion of the difficulties end users are facing. Atul Rajput (Regional Director, Northern Europe), Bodil Sonesson (VP, Global Sales) & Axis Communications co-founder Martin Gren officially open the Experience Centre Axis open platform solutions One highlight of the experience is the AXIS Camera Application Platform (ACAP), which allows partners to solve specific customer problems by downloading third-party applications to Axis IP cameras and encoders. Typical end user problems highlighted by the tour include queue management, people counting and intrusion detection. The solutions are all fully interactive – on passing through a gateway, an audio alert notifies participants that they are trespassing, while three participants standing in a given space can trigger air conditioning and ambient audio. The most immersive part of the experience is the ‘dark room’, which simulates all kinds of challenging lighting conditions including the intense backlight that may be experienced at a building entrance or window. On leaving the room, participants are shown how Axis’ WDR cameras capture extremely detailed images despite the challenging illumination. Other highlights include the networking centre, which demonstrates Axis hardware and third-party switches, and the VMS control room, which features a new user interface and can be integrated with intercoms, speakers, and access control systems. Smart solutions for businesses and cities The overriding theme of all areas of the tour is the emphasis on applications, not products. Rather than being directed to a particular product to suit a given vertical market, end users and installers are encouraged to discuss the real-world challenges they face, and explore how Axis solutions could work for them. In this way, enterprises, small-to-medium businesses and Smart City providers can all be catered for. The concept is already proving successful – over the last month, the facility has been in use every day!
Axis will continue to add value and innovation for the future of connected devices, says Martin Gren Axis Communications is celebrating the 20th anniversary of the world’s first network video camera, a true Internet of Things (IoT) device, introduced in 1996 that laid the foundation for an industry shift from analogue to IP-based video surveillance, spawning the Internet of Security Things (IoST). AXIS 200 - world's first network video camera AXIS 200 was the world’s first network video camera to connect directly to the Internet or an intranet, an extension of Axis’ original focus of connecting printers, and then optical storage devices, to networks. At the time, Axis had pioneered what it called ‘ThinServer’ technology, which drove a shift away from mainframe computers by utilising more flexible, lightweight servers and was to become the enabling concept behind IoT. Axis’ history in developing network solutions for security has expanded beyond cameras and now includes other IP-based products for physical access control, a network horn speaker and an IP-based video door station. The underlying concept of connecting everything to the network ties back to Axis’ original roots and has established it as a leader in the emerging IoT segment known as the Internet of Security Things. Move from analogue to digital solutions The first network video camera delivered 1 frame /17 seconds in normal resolution, or 1 fps in CIF resolution. It went on to win several industry awards and laid the foundation for a long litany of innovative network video cameras, encoders and physical access control devices pioneered by Axis. AXIS 200 served as the first step toward the company’s current industry-leading position as the world’s top supplier of IP-based security solutions, which included milestone introductions such as the security industry’s first HDTV network camera and first thermal network camera that helped accelerate the move from analogue to digital video in the security market. Within ten years of the introduction of the first network video camera, Axis had reached the one million milestone in network cameras installed worldwide. Today, Axis offers more than 200 network camera models for every need. It has added innovative features for a full scope of high-resolution performance, analytics, mobile monitoring and cloud-based implementations, adding powerful and smart features that have fuelled global growth and adoption. IoT revolution in security industry “Looking back over twenty years, we are proud that our original vision of connected devices and smarter networks for a wide range of applications, using what we called ThinServer technology, has taken hold in such a broad way,” said Martin Gren, who along with Mikael Karlsson and Keith Bloodworth, founded Axis in 1984. “Little did we know in 1996 that the IoT would take off like it has, but we are gratified with the role we played as one of the pioneers in this area, especially for security purposes where we have accelerated the shift from analogue to digital solutions. It gives us great confidence in how Axis will continue to add value and innovation for the future of connected devices and for making the world a safer place.”
Annual report & supporting resolution documentation will be available at Axis' head office The Board of Directors withdraws the dividend proposal in the light of the new ownership structure. Instead, the Board of Directors proposes that no dividend is paid for the financial year 2014 and that the company’s results are carried forward. Notice of Annual General Meeting Axis AB (public) is holding its Annual General Meeting at 3.00 p.m. on Monday, June 15, 2015, at the company’s premises, Emdalavägen 14 in Lund, Sweden. Participation The right to participate in the Annual General Meeting falls upon persons who Are registered as shareholders in the share register maintained by Euroclear Sweden AB as of Tuesday, June 9, 2015, and Have given notice of attendance to the company not later than Tuesday, June 9, 2015. Recording in the share register Shareholders whose shares are registered in the name of a nominee must, in order to be entitled to participate in the Meeting, ensure that the nominee registers the shares in the shareholder’s own name, so that the shareholder is registered in the share register on Tuesday, June 9, 2015. Such registration may be temporary. Notice of attendance The notice of attendance should include name, personal identity number or corporate registration number, address and telephone number as well as the number of shares represented The notice of attendance should include name, personal identity number or corporate registration number, address and telephone number as well as the number of shares represented. The notice should also state the number of advisors (however, not more than two) that the shareholder wishes to bring to the Meeting. If a shareholder is represented by proxy, the power of attorney and – if the shareholder is a legal entity – a certified copy of the certificate of registration, or other document demonstrating the signatory’s authority to sign for the legal entity, must be sent to the company in good time prior to the Meeting. The power of attorney must be presented in its original. Notice of attendance shall be made in writing to Axis AB (public), Attn: Adrienne Jacobsen, Emdalavägen 14, SE-223 69 Lund, Sweden or by telephone +46 46 272 18 00. Proposed agenda Opening of the Meeting. Election of the Chairman of the Meeting. Preparation and approval of the voting list. Approval of the Agenda. Election of one or two persons to approve the minutes. Determination as to whether the Meeting has been duly convened. Presentation of the annual report and the auditor’s report, and the consolidated annual report and the auditor’s report for the group. Resolution: Concerning the adoption of the profit and loss account and the balance sheet, and the consolidated profit and loss account and the consolidated balance sheet, Concerning the disposition of the company’s profit as set forth in the adopted balance sheet, Concerning discharge from liability for the members of the Board of Directors and for the President. Determination of the number of members of the Board of Directors and auditors. Determination of the fees payable to the Board of Directors and the auditor. Election of Board members, Chairman of the Board and auditor as well as the Board of Directors’ proposal regarding amendment of the articles of association. Resolution concerning the Board of Directors’ proposal regarding principles for determining salaries and other remuneration to the President and other members of company management. Closing of the Meeting. Board of Directors proposes that no dividend is paid for the financial year 2014 and that the company’s results are carried forward Number of shares and votes The number of shares and votes in the company is 69,461,250. The company does not hold any own shares. Proposal regarding dividend (Item 8b) In the light of the new ownership structure following the completion of the public cash offer by Canon Inc., the Board of Directors has resolved to withdraw its prior proposal. Instead, the Board of Directors proposes that no dividend is paid for the financial year 2014 and that the company’s results are carried forward. Proposals regarding Items 2 and 9-11) In the light of the new ownership structure following the completion of the public cash offer by Canon Inc., the Nomination Committee has not found reason to present any proposal to the Annual General Meeting. The Board of Directors has however been informed that Canon Inc., holding 84.83 percent of the shares and votes in the company as at the date of this notice, proposes the following: That adjunct professor Svante Johansson shall be elected Chairman of the Meeting That five Board members shall be elected without any deputy members; That Martin Gren shall be re-elected and that Bert Nordberg, Biörn Riese, Håkan Kirstein and Toshizo Tanaka shall be elected new members of the Board of Directors, That Biörn Riese shall be elected Chairman of the Board, That remuneration totaling SEK 2,000,000 shall be paid to the Board of Directors, to be distributed with SEK 800,000 to the Chairman of the Board and SEK 400,000 to each of the other Board members, with the exception of Toshizo Tanaka who shall not receive any remuneration, Bert Nordberg has previously been Chairman of the Board of Directors and CEO of Sony Mobile Communications AB and has held several leading positions within the Ericsson Group. Bert Nordberg is currently Chairman of the Board of Directors of Ideonfonden AB, Imagination Technologies Group Plc, Sigma Connectivity AB and Vestas Wind Systems A/S as well as member of the Board of Directors of Aktiebolaget Electrolux, Materials Technology Economy Know-how Sweden AB and Svenska Cellulosa Aktiebolaget SCA. In the event of re-election the Annual General Meeting of Shareholders may elect the Auditor, with or without the Deputy Auditor Biörn Riese is a member of the Swedish Bar Association as well as partner and Chairman of the Board of Directors of Mannheimer Swartling. Biörn Riese is also member of the Board of Directors of the American Chamber of Commerce in Sweden and the Swedish Anti-Corruption Institute. Håkan Kirstein has previously been CEO of StatoilHydro Sverige AB and Niscayah Group AB and member of the Board of Directors of Cloetta AB, Intersport AB, Kemetyl Group AB and Niscayah Group AB. Håkan Kirstein is currently acting CEO of Imtech Nordic AB. Toshizo Tanaka has for a long period of time held several leading positions within the Canon Group and is currently Chief Financial Officer and member of the Board of Directors of Canon Inc. The Board of Directors further proposes the following: That the company shall have one auditor without any deputies, That PricewaterhouseCoopers AB shall be re-elected as auditor for the period until the end of the next Annual General Meeting (authorised public accountant Ola Bjärehäll is intended to continue as auditor-in-charge), and That the remuneration to the auditor shall be paid against approved invoices. The proposal regarding election of auditor requires amendment of the Articles of Association’s provision on the auditor’s term of office (§ 7). The Board proposes the following. Present wording For the purpose of reviewing the Company’s annual report, the accounting records and the administration of the Boards of Directors, one Auditor, with or without a Deputy Auditor, is elected at the Annual General Meeting of Shareholders for the period until the end of the Annual General Meeting of Shareholders held during the fourth financial year after the election of such Auditor. In the event of re-election the Annual General Meeting of Shareholders may elect the Auditor, with or without the Deputy Auditor, for the period until the end of the Annual General Meeting of Shareholders held during the third financial year after the election of such Auditor. A registered firm of accountants may also be elected as Auditor or Deputy Auditor. The “stay on board remuneration” shall not exceed 100 percent of an annual basic salary and shall be paid at the end of or in tranches during a period of 24 consecutive months New proposed wording The Company shall have one Auditor without Deputy Auditors. An authorised public accountant or a registered firm of accountants shall be elected as Auditor. Proposal regarding principles for determining salaries and other remuneration to the President & other members of the company management (Item 12) The proposal of the Board of Directors implies that the principles for determining salaries and other remuneration to the President and other members of the company management that were adopted by the Annual General Meeting in 2014 shall, in all material respects, continue to be in force, however that in the event of termination by the company of any senior executive, termination benefits corresponding to up to twelve cash monthly salaries can be paid. In addition thereto, a “stay on board remuneration” may be agreed where appropriate. Such additional remuneration shall consist of cash and be conditional on the relevant members of the company management remaining employed for a certain period of time, subject to, where considered appropriate, “good and bad leaver provisions”. The “stay on board remuneration” shall not exceed 100 percent of an annual basic salary and shall be paid at the end of or in tranches during a period of 24 consecutive months. The remuneration shall not constitute pensionable salary. Documents available prior to the Annual General Meeting The annual report and other supporting resolution documentation will be available at the company’s head office at Emdalavägen 14 in Lund, Sweden, as well as on the company’s website, not later than three weeks prior to the Meeting, and will be sent to shareholders upon request.
Where did all these people come from? That was the happy question among exhibitors pleased with the brisk booth traffic on the first day of ISC West in Las Vegas. The aisles on the traditionally busy first day of the show did seem especially crowded at the Sands Convention Center.Lower pricing was one theme emerging on the first day of the show, with camera manufacturer Samsung leading the way with the introduction of its WiseNet Lite cameras, versions of its popular line that have fewer features to enable a price point that can compete with lower-price competitors. German manufacturer Mobotix is also looking to lower costs, in its case by introducing an indoor camera line at a lower price point and employing efficient snap-together manufacturing processes to keep prices competitive. Axis Communications at ISC West Axis Communications kicked off ISC West with a pre-show press conference built around a baseball theme; their demonstration of the quality and impact resistance of Axis cameras involved hitting them with baseball bats. Axis is expanding beyond its core business in IP cameras (and an ongoing offering in access control) with additional devices that can be used with the “Internet of Things.” At ISC West, they introduced a new IP-enabled loud speaker that uses SIP protocol (compatible with voice over IP telephones, for example), as well as a “network video door station,” combining video (including WDR and low-light performance), two-way communications and PoE for easy installation indoors or outdoors. (Might a non-video IP intercom be introduced in the near future? Could be.) "Axis is positioning Zipstream as a technology that can pave the way for faster implementation of 4K higher resolution cameras, while minimising the cameras’ impact on bandwidth and storage needs..." Among the other Axis news is Zipstream compression that cuts bandwidth consumption by more than 50 percent, according to the company. Fully compatible with the H.264 standard, Zipstream isolates and preserves important details in an image, while saving bandwidth and storage by “filtering out” unimportant parts of an image (such as the sky) and applying additional compression to those irrelevant areas. Axis is positioning Zipstream as a technology that can pave the way for faster implementation of 4K higher resolution cameras, while minimising the cameras’ impact on bandwidth and storage needs. They also see it as an interim approach until the newer H.265 compression standard becomes more widespread in the market, thus avoiding any delay embracing newer video capabilities. New multi-sensor camera: Axis also unveiled a 180-degree multi-sensor camera that combines three 4K sensors with 30 frames-per-second in a stylish and discreet housing; it comes pre-focused from the factory with the three sensors moving together for easy installation. The Axis event ended with brief comments about the pending acquisition of Axis by Canon. “The industry is changing with a lot of consolidation, and Canon can provide benefits that we as the current owners could not,” said Martin Gren, Axis co-founder. “Canon has guaranteed they will let Axis operate as an independent company.” Gren says that the benefit of Canon’s technology capabilities in the areas of cameras, lenses and imaging will be obvious at future shows when Axis will likely introduce “20 products rather than 14.” “The industry is changing with a lot of consolidation, and Canon can provide benefits that we as the current owners could no.” End-to-end solutions from IDIS: The Axis news was just the start of a day full of new product introductions, and even companies exhibiting for the first time at ISC West. Perhaps the largest new entrant is Korean video manufacturer IDIS, which is making a splash with a big booth and a timely emphasis on end-to-end IP solutions that are “plug-and-play” -- their term for it is “Direct IP.” IDIS also offers a “total solution,” including a selection of NVRs -- for small, medium and large systems -- that their IP cameras plug directly into, and that can be tied together into enterprise-size systems using their IDIS Solutions Suite. Easy installation can help integrators protect their margins by saving time and money, and the simplicity also allows traditional analogue installers to embrace IP video (and IDIS DirectCX provides a migration path from analog to IP for any system). (IDIS is compatible with other third-party cameras using ONVIF standards.) SightSensor XA thermal camera: SightLogix, a thermal analytics company, is displaying its third generation product -- the SightSensor XA wide-area thermal camera -- that increases the image sensor array from 320x240 pixels to 640x480 pixels, and processes the full image area. The result is an extended, “volumetric” detection area that allows transition from an approach of protecting a perimeter to protecting specific (and larger) areas. For example, now instead of protecting an airport’s perimeter, they can protect the area around where the airplanes are (and therefore detect “insider threats” in addition to intruders). New markets for the more economical solution include automobile lots, scrap metal yards, maintenance yards, storage areas, etc. President and CEO John Romanowich calls it a “massive area outdoor burglar alarm” (with no false alarms). The system can even detect intrusion in an entire stadium. SightLogix’ new SightWrap is a monitored alarm service that works with a dealer’s central station (and also provides recurring revenue). Much more to report, stay tuned ….