Vivotek and ImmerVision Settle Legal Dispute

MONTREAL /BUSINESS WIRE/ -- ImmerVision, the inventor of the 360° panomorph lens and worldwide expert in immersive optical technology, announced that it has signed an agreement with Vivotek, a Taiwanese camera manufacturer, to officially settle a recent legal dispute.

This signed agreement confirms that Vivotek will adopt the Immervision Enables 360° video standard in the development of future 360° video products. These new panomorph cameras from Vivotek will be duly certified ImmerVision Enables so customers will benefit from the standard's leading performance, which provides undistorted, blind-spot-free views, heighten situational awareness, and the ability to simply pair cameras with a growing list of compatible and certified video management systems.

"We understand that ImmerVision Enables panomorph lenses offer superior 360° technology compared to other options like fisheye, and so we are pleased to leverage ImmerVision's leading standard to develop new cutting-edge 360° devices," said Steve Ma, Executive Vice President at Vivotek.

"We are very happy to have signed an agreement with Vivotek. The company shows tremendous respect for an organization's intellectual property," said Alessandro Gasparini, CCO at ImmerVision. "We look forward to a promising collaboration on more panomorph opportunities."

About ImmerVision
Leading innovation in 360° panoramic imaging, ImmerVision licenses its patented panomorph optical and software technology to global lens producers, product manufacturers, and software developers. Panomorph lenses are the only ones that can be adapted to any camera, any sensor, and any consumer, commercial, and government market. ImmerVision Enables is the recognized standard for 360° solutions and applications.

About Vivotek
Vivotek, established in Taiwan in 2000, has quickly grown into a prestigious leading manufacturer in the network video surveillance industry. Vivotek spun off its SoC division into a wholly owned subsidiary in 2007, namely Vatics, which focuses on multimedia SoC development and sales. To keep pace with rapid sales growth, it established a U.S. subsidiary in California in 2008 to offer sales, support, and service.

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