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MESA, Ariz., May 1, 2014 /PRNewswire/ -- Iveda® (OTCQB: IVDA), the pioneer in cloud video hosting technology, today announced that it has retained KCSA Strategic Communications, a leading New York-based communications firm, to lead the Company's investor relations program.
KCSA will deploy a comprehensive investor relations campaign to increase awareness of Iveda within the investment community. Since KCSA's inception more than forty years ago, the firm has developed a strong reputation for its work representing public companies. Jeffrey Goldberger, managing partner of KCSA, will lead KCSA's efforts and provide strategic counsel on investor relations matters.
"Since going public in 2009, Iveda has signed several marquee customers, developed innovative new solutions and established our brand as the leader in cloud-based video hosting-all while staying under-the-radar of investors," said David Ly, chairman and CEO of Iveda. "We selected KCSA to manage our investor relations efforts because of the firm's track record of helping companies in similar positions to ours."
"Since Iveda's inception, we've benefitted from strong interest among the retail and angel investment community," said Bob Brilon, president and CFO of Iveda. "We look forward to working with KCSA to increase our exposure to institutional investors as we move closer to a number of milestones, including reaching profitability and potentially up-listing to NASDAQ."
"As investor interest in cloud computing continues to grow, Iveda is well positioned to capitalize on that trend. The Company offers an innovative suite of video hosting technology that allows everyone from multi-national enterprises to the young family with a newborn an easy way to monitor and stay connected to their most precious assets," said Goldberger. "Iveda's management team has expressed a strong desire to establish an investor relations program that's aligned with their strategic goals and grounded in best practices. We're excited to begin that work immediately."
Iveda is a registered trademark of Iveda Solutions, Inc. All other trademarks are property of their respective owners.
Iveda (OTCQB:IVDA) is a premier cloud video hosting service provider, a technology innovator, and a provider of enterprise-class Video Surveillance as a Service ("VSaaS") solutions. The Company has received a SAFETY Act Designation from the Department of Homeland Security as a Qualified Anti-Terrorism Technology Provider.
The Company is headquartered in Mesa, Arizona and has a wholly-owned subsidiary in Taiwan (MEGAsys). For additional information call (800) 385-8616 or visit www.iveda.com.
This release includes forward-looking statements. Actual results may vary materially from those expected. Iveda's business is subject to significant risks and uncertainties described more thoroughly in the Company's SEC filings, including but not limited to its report on Form 10-K for the year ended December 31, 2013 and its subsequently filed quarterly reports on Form 10-Q. All forward-looking statements made herein are qualified by such risk factors, and readers are advised to consider such factors carefully. Iveda undertakes no obligation to revise these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
About KCSA Strategic Communications
KCSA is a fully integrated communications agency specializing in public relations, investor relations and marketing with expertise in financial and professional services, technology, healthcare, media, energy and public services companies. Since 1969, the firm has demonstrated strategic thinking and program execution that drives results for its clients in the ever-changing communications and digital landscape. The firm's clients are its best references. For more information, please visit www.kcsa.com.
Carrie R. Foote
Public Relations Manager
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