SANTA CLARA, CA — March 5, 2015 — OMNIVISION Technologies, Inc. (NASDAQ: OVTI), a leading developer of advanced digital imaging solutions, today announced that it has partnered with Dahua Technology, a leading video surveillance solutions provider, to produce the LeChange home camera, a cloud-based camera that ushers in the next-generation of smart home capabilities. Utilizing OMNIVISION’s high quality OV9712 image sensor, the LeChange home camera is capable of recording and streaming 720p high definition (HD) video at 30 frames per second (FPS) to a number of devices including notebooks, smartphones and tablets, simplifying home monitoring and video conferencing.
“Over the last 15 years, we have built a rich portfolio of hardware and software products, including security devices, mobile Internet solutions and cloud storage options,” said Fu Liquan, President of Dahua Technology. “With the Internet-of-Things concept becoming more and more prominent in influencing product designs and consumer expectations, we have decided to raise the standards of the smart home market by partnering with OMNIVISION and creating a superior product, the cloud-based HD LeChange camera.”
“We view Dahua’s LeChange home camera as a great stride forward in video-based capabilities for video conferencing and home monitoring, with the potential to easily and affordably turn an ordinary house into a smart home,” said Dr. Henry Yang, COO at OMNIVISION. “Through close collaboration, we have taken the next step in bringing smart home security and video-based communications into the mainstream. We look forward to further growing our partnership with Dahua, and are excited about the prospects for development of ever more innovative products to further improve the way we live.”
The OV9712 CameraChip™ sensor leverages OMNIVISION’s proven 3-micron OmniPixel3-HS™ pixel architecture to achieve exceptional scene reproduction in extreme lighting conditions — a critical feature for capturing high quality, reliable video when recording indoors, outdoors or in low-light conditions.
Dahua Technology Co., Ltd. is a leading manufacturer of security and surveillance solutions. Over the past 15 years, Dahua Technology has become fully experienced in the research and design of cutting-edge surveillance equipment. The company’s hardware and software offerings are designed with flexibility in mind, making them viable for different configurations, various applications and additional development. Dahua was placed 6th in the Security 50 ranking by a&s International in 2014. Moreover, Dahua owns the 2nd largest market share globally, according to IMS report 2014. Learn more at www.dahuasecurity.com
Certain statements in this press release, including statements regarding the expected benefits, performance, capabilities, and potential market appeal of the OV9712 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 results to differ materially, include, without limitation: potential errors, design flaws or other problems with OV9712, 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. OMNIVISION expressly disclaims any obligation to update information contained in any forward-looking statement.