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VIVOTEK and Neural Labs Strengthen Alliance to Deliver Advanced License Plate Recognition Solutions

DATA 2016.05.17

Taipei, Taiwan –Fresh off announcing a partnership with Indian video management software company, Videonetics, VIVOTEK adds another new License Plate Recognition (LPR) partner in Spanish based video management company, Neural Labs. Well known for offering innovative technology solutions to meet the demands of the growing LPR market, this partnership provides joint customers with an advanced, precise and efficient solution featuring rich video management functions delivered by Neural Labs.

Neural Labs was established in 2005, and has a proven track record in LPR. The entrepreneur led company has more than 15 years of experience in optical character recognition (OCR) systems. Based on their Automatic Number Plate Recognition (ANPR) / Automatic Container Code Recognition (ACCR) technology, Neural Labs provides a hardware independent system for detecting and reading license plates from cars, container ID's, train ID's, as well as hazard plates, and returns this information to the client's software application. This can be directly integrated with VIVOTEK’s network cameras and to reinforce the security in petrol stations, border control, and traffic law enforcement.

“This partnership demonstrates a shared vision between Neural Labs and VIVOTEK, and VIVOTEK is absolutely the top-tier player in the video surveillance marketplace.” said Elias Valcarcel, Neural Labs CEO. “Our customers will be able to quickly access real-time monitoring of license plates from VIVOTEK’s intelligent network cameras and further take advantage of 98% reliability rating on LPR via Neural Labs’s Automatic Recognition Engines.”

William Ku, Vice president, Brand Business Division, VIVOTEK Inc. says “To maximize customer efficiencies and capabilities, VIVOTEK strives to cooperate with innovative technology partners.” William Ku went on to add, “The partnership combines Neural Labs’ expertise in LPR technology and superior performance of VIVOTEK’s IP surveillance solutions to deliver new-levels of traffic monitoring solutions and drive potential growth in the global market.”

For more information about VIVOTEK and its comprehensive product lines, please visit www.vivotek.com.


About Neural Labs

Neural Labs sustains its growth by reinvesting company profits into relevant projects, and updating its systems. The company offers innovative technological solutions that integrate new equipment and meet the needs of an increasingly demanding market.
Since 2011, more than 70% of the company's turnover has come from foreign exports, due to a steady increase in the use of ALPR and CCR technology. The company is committed to continuously improve its products, which it currently sells to clients in more than 50 countries worldwide.
Since the company was established in 2005, Neural Labs products have been praised for their effectiveness in optical character recognition, even in adverse conditions.

For more information, please visit http://www.neurallabs.net

About VIVOTEK

VIVOTEK, established in 2000, has quickly taken its place as a leading brand in the security industry. Known for delivering world-class IP surveillance solutions, VIVOTEK specializes in system applications and integration. With innovative R&D teams adopting ground-breaking codec technologies, VIVOTEK provides a wide range of products, including network cameras, video servers, video receivers, network video recorders, central management software, and PoE solutions. VIVOTEK (TAIEX: 3454) was listed on the Taiwan Stock Exchange in 2011. In 2008, a branch office was set up in California, USA. VIVOTEK established Europe branch office in Almere, the Netherlands in 2013, India office in Delhi in 2014, and Middle East office in Dubai in 2015. VIVOTEK is currently working with more than 183 authorized distributors in over 116 countries. For more information, please visit www.vivotek.com.