Iveda Solutions(R) Goes Public Through a Reverse Merger

MESA, AZ, Nov 12 (MARKET WIRE) --
Iveda Solutions announced today that through a merger, the Company has
become a wholly owned subsidiary of Iveda Corporation (OTCBB: IVDA) fka
Charmed Homes, Inc., a publicly traded company.

The reverse merger was completed on October 15, 2009. Iveda Solutions, a
company based in Mesa, Arizona, specializes in IP video hosting and
real-time remote surveillance services utilizing the power of cloud
computing. Managed Video as a Service (MVaaS) defines the framework for
Iveda Solutions' Hosted Video as a Service (HVaaS) and Real-Time
Surveillance as a Service (SaaS). The company has been providing remote,
real-time video surveillance to its customers in the public and private
sectors since 2005.

Early this year, Iveda Solutions was approved as a Qualified
Anti-Terrorism Technology provider under a formal SAFETY Act Designation
by the Department of Homeland Security (DHS). The company is the first
and currently the only company, offering real-time IP video hosting and
remote surveillance services with a SAFETY Act Designation.

Iveda Solutions will continue to be the operating company. Iveda
Corporation, the new parent company, will serve as a non-operating holding
company.

The common stock of Iveda Corp. is trading on the Over the Counter
Bulletin Board ("OTCBB"), under the trading symbol "IVDA."

ABOUT IVEDA SOLUTIONS

Iveda Solutions, a wholly owned subsidiary of Iveda Corp. (OTCBB: IVDA),
is the premier online surveillance technology innovator and Managed Video
Services provider. Based in Mesa, AZ and incorporated in 2005, the company
develops and markets enterprise class video hosting and real-time remote
surveillance services. Iveda Solutions has a SAFETY Act Designation by the
Department of Homeland Security as a Qualified Anti-Terrorism Technology
provider. For more information call 800-385-8618 or visit
www.ivedasolutions.com.

Contact:

Luz A. Berg
Iveda Solutions
Chief Operating Officer & CMO
Email Contact
Phone: 480 307-8700
Fax: 480 962-1251

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