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BABYLON, N.Y., Jan. 4, 2006 (PRIMEZONE) -- Integrated Camera Optics, Corp. (Pink Sheets:IGCO), is a company specializing in the development of highly diverse optical systems primarily for use in the security sector. The Company plans to manufacture and market both the hardware and software required to extend the visual ability of electronic monitor security systems, and announced today that it has retained Market Pathways Financial Relations Inc. to provide a wide variety of financial public relations services, utilizing its StockUpTicks and SmallCap Sentinel web properties.
Integrated Camera Optics, Corp. plans to offer a unique solution to video surveillance technology with panoramic optics and revolutionary VideoWarp(r) software. The ICU360 system will be a cost-effective solution for monitoring areas where multiple camera installations are undesirable, or used in conjunction with existing PTZ cameras. Using panoramic optics, a complete 360 degree or 180 degree range can be monitored with a single camera, giving you ultimate surveillance potential with fewer monitors.
The estimated market for the security/surveillance camera industry is over $40 billion. Integrated Camera Optics, Corp., which has a license agreement with the patent holder for the EyeSee360(r) lens, intends to acquire other security-oriented companies as it moves to capture market share.
IGCO's strategy is to concentrate on offering the ICU360 system to major hotels, casinos, railways, airports, seaports, oil refineries, nuclear facilities and monorail systems, as a long-term undertaking. Other areas for this technology include homeland security and the military.
"Surveillance technology is at the core of some of the most innovative new products now being introduced and Integrated Camera Optics has developed a unique technology positioning itself as a leader in that segment," said Shannon T. Squyres, president of Market Pathways. "The EyeSee360(r) is currently being tested in a number of consumer, military and security applications with great success."