IPIX and ObjectVideo Bring 360-Degree Intelligent Video Surveillance To Market

Business Wire, April 6, 2005

LAS VEGAS & VIENNA, Va. -- IPIX Corporation (NASDAQ:IPIX), a premier supplier of 360-degree, immersive imaging technologies, announced today an OEM partnership with ObjectVideo, the leader in intelligent video surveillance software. The combined technologies automatically identify potential threats in a 360-degree field-of-view (FOV) and allow security personnel to track objects of interest using IPIX's digital pan, tilt and zoom (PTZ).

"ObjectVideo's expertise in threat detection, in combination with IPIX's patented, immersive surveillance technology, provides security directors a more robust solution for monitoring at-risk environments with fewer cameras and less personnel," said IPIX President and CEO Clara Conti. "Automated, intelligent threat detection of a continuous, 360-degree field-of-view ensures potential threats are never missed."

ObjectVideo's intelligent video analysis algorithms run all objects in a camera's view against pre-programmed rules. When an object violates a rule (ex., a small boat loiters next to a ship, a bag is left unattended in an airport terminal or a shopper displays characteristics of shoplifting) the software alerts security personnel by phone, pager, e-mail or an alert console.

"IPIX's fisheye lens technology enables customers to view a truly accurate picture of their perimeter with correct proportions and a detailed view in any direction," said Bruce Thompson, VP of Corporate Development for ObjectVideo. "Together, our technologies offer the most advanced panoramic threat detection solutions."

Unlike traditional digital video surveillance, in which the direction the camera is positioned or the person controlling the camera decides what data is important to capture within a limited frame of view, IPIX's immersive technology offers the viewer a continuous 360-degree FOV. The live or recorded immersive view not only enables multiple users to simultaneously view visual data from an unlimited number of reference points within a monitored environment, but provides individual user control for navigating within the scene using the digital PTZ capabilities.

ObjectVideo's intelligent video surveillance software is currently in use by the Department of Homeland Security's Customs and Border Protection Bureau, the Department of Defense, the U.S. Air Force, the Department of Energy, the Port of Jacksonville, Port Everglades, Miami International Airport and a variety of private sector businesses.

About IPIX Corporation

IPIX Corporation is a premium provider of immersive imaging products for government and commercial applications. We combine experience, patented technology and strategic partnerships to deliver visual intelligence solutions worldwide. Our immersive, 360-degree imaging technology has been used to create high-resolution digital still photography and video products for surveillance, visual documentation and forensic analysis. www.ipix.com

About ObjectVideo

ObjectVideo(R) provides intelligent video surveillance software for the protection of critical infrastructure and high-risk environments including borders, airports, seaports, oil refineries, chemical and nuclear plants and water treatment facilities. Its software is based on patented computer vision technology and provides the security market with an advanced ability to detect, classify, track and analyze threats. With ObjectVideo's software, customers gain the ability to proactively address threats, improve security planning and enhance overall effectiveness. ObjectVideo markets and sells its products through a VIP partner program of leading security companies on digital signal processor and server platforms. www.objectvideo.com