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Stock impact report

Interstate Land Management Corporation and Philadelphia Parking Authority Greenlights Trial of IvedaAI™ & ClearView Asset Protection

Iveda Solutions, Inc. (IVDA) 
NASDAQ:AMEX Investor Relations: iveda.com/investor-relations
Company Research Source: Business Wire
PPA turns to Iveda technology to bolster security across on and off-street parking in Center City garages, surface lots throughout the city, and Airport parking MESA, Ariz.--(BUSINESS WIRE)--Iveda® (NASDAQ:IVDA), the global solution for cloud-based AI, today announced that the Interstate Land Management Corporation and Philadelphia Parking Authority (PPA) has officially green-lit a trial of IvedaAI™ and ClearView Asset Protection via their patented Smart Tower, in an effort to bolster security in parking areas throughout the city. The project will leverage IvedaAI, an advanced AI solution providing real-time facial recognition, weapon detection, license plate reading, and more. The technology will be integrated into two of ClearView’s customizable security trailers, each equipped with four cameras.According to the FBI, parking lots are the third most common location for violent crimes to occur, accounting for more than 25% of violent crimes in America. Further, Insurance.com report Show less Read more
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