United States

Profile: Vicon Industries Inc (VII.A)

VII.A on American Stock Exchange

27 Oct 2016
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Vicon Industries, Inc., incorporated on October 4, 1967, develops video management software. The Company also designs, assembles and markets a range of video system components, consisting of cameras, network video servers or recorders, encoders and mass storage units, used in security, surveillance, safety and control applications by a group of end users. The Company's business is focused in the design of network video systems that it produces and sells across the world, primarily to authorized dealers, system integrators, Government entities and security products distributors.

The Company operates within the electronic protection segment of the security industry, which includes, among others, fire and burglar alarm systems, access control, biometric and video systems, data and asset protection. The Company’s products are used for crime deterrence, visual documentation, observation of inaccessible or hazardous areas, safety, mitigating liability, accumulating command and control data and managing control systems. The Company’s products are used in office buildings, manufacturing plants, apartment complexes, retail stores, Government facilities, airports, highways, transportation operations, prisons, casinos, hotels, sports arenas, health care facilities and financial institutions.

The Company’s product line consists of various elements of a video system, including cameras for image capture, network video management system (VMS) software and various video recording, storage, management and output devices and peripherals. The Company’s ViconNet branded VMS software is sold either separately or configured in a Network Video Recording (NVR) or Digital Video Recording (DVR) device. Video capture offerings include a range of analog, digital and high definition (HD) megapixel cameras for both fixed and robotic positioning applications, along with associated housing options to perform in a range of climatic and operating environments. The Company also sells or produces other video system components, such as video encoders’ decoders and monitors, camera lenses, housings and mounts, matrix video switchers and controls and video transmission devices. The Company’s IQinVision's IQeye cameras provide a range of HD megapixel camera solutions.

The Company’s products range from a camera mounting bracket to an IP-based video camera control, transmission, recording, storage and virtual matrix switching system. The Company’s sales are concentrated among its network video products (ViconNet (VMS) and Kollector (NVR’s and DVR’s)), Surveyor (robotic dome cameras) and Roughneck (fixed position cameras) product lines.

The Company’s products are utilized in video surveillance applications by commercial and industrial users, such as office buildings, manufacturing plants, warehouses, apartment complexes, shopping malls and retail stores; federal, state, and local governments for national security purposes, agency facilities, prisons, and military installations; financial institutions, such as banks, clearing houses, brokerage firms and depositories, for security purposes; transportation departments for highway traffic control, bridge and tunnel monitoring, and airport, subway, bus and seaport security and surveillance; gaming casinos, where video surveillance is often mandated by regulatory authorities; health care facilities, such as hospitals, and institutions of education, such as schools and universities. It sells its products in Europe, the Middle East and Africa (EMEA) through its European-based subsidiaries and elsewhere outside the United States principally by direct export from its United States headquarters. The Company primarily uses a range of installation companies and security product distributors in international markets.

The Company competes with Bosch Group, Honeywell International, Schneider Electric, Tyco International, Samsung Group, United Technologies, Avigilon Corporation, Exacq Technologies, Genetec Inc., Milestone Systems, Axis Communications, Matsushita, Mobotix Corp. and Sony Corporation.

Company Address

Vicon Industries Inc

135 Fell Ct
HAUPPAUGE   NY   11788-4351
P: +1631.9522288
F: +1631.9512288

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