STRATEGIC PARTNERS
April 4, 2001
ANAHEIM, Calif.--(BUSINESS WIRE)--April 4, 2001--Gyyr, a subsidiary of Odetics Inc. (Nasdaq:ODETA)(Nasdaq:ODETB) has entered into a strategic partnership withHamilton Safeto provide digital recorders as replacements for traditional time-lapse VCRs to financial institutions and commercial/industrial locations nationwide.
Gyyr, through Hamilton Safe and its network of nationwide dealers, will offer a rebate for every VCR replaced with a Gyyr Digital Video Management System.
According to a press release, Gyyr's DVMS products operate on a real-time operating system and combine motion detection, 60-field-per-second recording, an ATM interface and video transmission with remote management. The DVMS 100 single-channel unit is compatible with most multiplexers and switchers currently in use.
"This is a win-win-win situation for everyone involved," said Joe Peery of Hamilton Safe. "Our customers can take advantage of the latest in digital technology while leveraging their existing investment."
"We understand that many end users have made significant investments in analog technology," added Peter Strom, president and CEO of Gyyr. "By partnering with Hamilton Safe, this replacement program can ease the inevitable transition from analog to digital technology for many of our customers."
According to the two companies, many of the VCRs returned to Gyyr will be donated to schools and charitable organizations in the name of the participating end users.
