OmniVision and VIA Announce Partnership to Develop Battery-Powered Wireless HD Video Monitoring Solution
April 7, 2015
SANTA CLARA, Calif., — April 7, 2015 — OmniVision Technologies Inc. (NASDAQ: OVTI), a leading developer of advanced digital imaging solutions, and VIA Technologies, Inc., a leader in embedded IoT and M2M platform innovation, today announced a partnership to develop a battery-powered high definition (HD) video monitoring solution that enables OEMs to dramatically reduce time-to-market for wireless multi-node monitoring systems in homes and small businesses.
"This partnership between OmniVision and VIA Technologies exemplifies both companies’ desire to meet the rapidly growing demand for turnkey solutions that can give OEMs the ability to quickly and cost-effectively bring innovative smart devices to market," said Paul Gallagher, senior director of marketing at OmniVision. "By offering 'instant-on' crisp HD video and streaming capabilities in an extremely power-efficient, battery operated package, OmniVision's OV9712 and OV788 video signal processor together provide excellent capabilities for the advanced solution now under development."
"By combining OmniVision's industry-leading imaging technologies with VIA’s advanced video processing technologies and embedded Android system design capabilities, we have produced a highly competitive turnkey solution," said Epan Wu, head of VIA Embedded. "We look forward to collaborating with OmniVision and driving the development of new and innovative technologies for the rapidly growing market for home and commercial monitoring systems."
Utilizing the OV9712 CameraChip™ sensor developed with OmniVision's proprietary OmniPixel3-HS™ high sensitivity pixel technology, the solution will be designed to achieve excellent scene reproduction in both extremely high- and low-light environments. The OV9712 will operate in conjunction with OmniVision's ultra-low power OV788 video signal processor. That processor will provide video compression, 720p HD video streaming, and AES-256 encryption over any Wi-Fi network, thus allowing users to quickly stream high quality video content using the video monitoring solution.
About VIA Technologies, Inc.
VIA Technologies, Inc is a global leader in the development of highly-integrated embedded platform and system solutions for M2M, IoT, and Smart City applications, ranging from video walls and digital signage to healthcare and industrial automation. Headquartered in Taipei, Taiwan, VIA’s global network links the high tech centers of the US, Europe and Asia, and its customer base includes the many world’s leading hi-tech, telecommunications, consumer electronics industry brand names. www.via.com.tw
Certain statements in this press release, including statements regarding the expected benefits, performance, capabilities, and potential market appeal of the OV9712 and OV788 and/or systems incorporating the OV9712 and OV788 are forward-looking statements that are subject to risks and uncertainties. These risks and uncertainties, which could cause the forward-looking statements and OmniVision’s and/or VIA’s results to differ materially, include, without limitation: potential errors, design flaws or other problems with OV9712 and OV788 and/or systems incorporating the OV9712 and OV788, customer acceptance, demand, and other risks detailed from time to time in OmniVision’s Securities and Exchange Commission filings and reports, including, but not limited to, OmniVision’s annual report filed on Form 10-K and quarterly reports filed on Form 10-Q, and/or statements issued from time to time by VIA. OmniVision and VIA expressly disclaims any obligation to update information contained in any forward-looking statement.
OmniVision Technologies, Inc. is a leading developer of advanced digital imaging solutions. Its award-winning CMOS imaging technology enables superior image quality in many of today’s consumer and commercial applications, including mobile phones; security and surveillance; automotive; tablets, notebooks, webcams and entertainment devices; medical; and AR, VR, drones and robotics imaging systems.
Find out more at www.ovt.com. OmniVision®, PureCel®, and the OmniVision logo are trademarks or registered trademarks of OmniVision Technologies, Inc. All other trademarks are the property of their respective owners.