OVS™-powered MegaCamera service to be available across Vietnam for VDC customers and resellers

Hanoi, Vietnam - June 2, 2010 – VDC Online (www.vdc.com.vn) today announced the signing of a Distribution Agreement with NeoVSP™ (www.neovsp.com), a market leader in Video Surveillance as Service solutions.

VDC announcement and a TV spot: 

http://www.vdc.com.vn/detail/news/2/4/98/100/821/index.htm

With OVS™ (Online Video Surveillance) solution, VDC can offer Vietnam customers a cost-effective mass-market solution delivered as a service over Internet. Using only an IP camera, the customer can access the live and recorded video from anywhere, anytime.

According to Mr. Tuan Ta, Director of Product Management, VDC: "The MegaCamera solution will be a very attractive and competitive option for Vietnamese customers. The mass-market nature of the solution will enable it to provide a cost-effective alternative to VDC customers, and allow VDC to enter a new attractive market of video surveillance".

OVS™ is a patented MVaaS (Managed Video as a Service) solution for Telecom/ISP providers, monitoring companies, and large integrators, as managed service providers (MSP). It’s a centrally hosted video monitoring solution designed for the mass market. The NeoVSP™ platform intelligently stores and manages video content originating from IP and analog cameras, and efficiently delivers this content to multiple user devices, such as web browsers, mobile phones, and media sets, for mass market usage.

OVS™ is a carrier-grade, centrally hosted video cluster, supporting innumerable concurrent users and scalable architecture that grows as the user base increases.

NeoVSP™ provides operators with a complete managed video solution via internet. OVS™ enables them to penetrate the visual surveillance markets, and transform existing monitoring services to a managed monthly service. OVS™ virtually eliminates the costs of storing and analyzing video content, while assuring instant ROI (return on investment). It provides managed surveillance service, enabling operators to offer an enterprise solution at commodity pricing to their subscribers, at a fraction of the expense and time typical to mass market.

Eli Sahar, CEO of NeoVSP™ said: "We happy to see VDC joining our growing list of global Telco partners. There is a high demand for cost-effective security solutions in Vietnam, and MegaCamera service, powered by the OVS™ solution, will provide a perfect answer for these needs."

About VDC

Vietnam Data Communications Company (VDC), a state owned company under the Vietnam Post and Telecommunication Corporation (VNPT) is a leading company in the field of information technology in Vietnam. We provide Internet (taking 65% market share of Vietnam), VoIP (taking 75% market share of Vietnam), Data transmission (taking 90% market share of Vietnam), Integrated Solution, Software and Value Added services. For information about VDC and its products and services:

Visit the company Web site: http://vdc.com.vn

Contact at: Vietnam Data Communications Company, 292 Tay Son Street, Hanoi, Vietnam;

Tel: (84) 4 5372755; Fax: (84) 4 5372753;

Email: vdc@vnn.vn.

About NeoVSP™

NeoVSP™ is the next generation of video surveillance solutions, provided as a carrier-grade Managed Video as a Service (RVMaS) platform, designed for Telco/ISP providers, monitoring companies and large IT integrators.

For information about NeoVSP™ and its products and services:

Visit the company Web site: http://www.neovsp.com

Contact at: Neo, Derech HaShalom 11, Tel-Aviv; Tel: +972-3-561-9770; Fax: +972-3-561-9772;

Email: info@neovsp.com.

Enquiries

NeoVSP™ Contact: Oded Ilan, +972-3-561-9770, info@neovsp.com