SOURCE: BRS Labs

 

HOUSTON, TX--(Marketwire - July 28, 2008) - Radically improving the effectiveness and scalability of video security, Behavioral Recognition Systems, Inc. (BRS) today announced the completion of successful pilot testing of its patented video surveillance analysis technology and the appointment of John M. Frazzini as company president. With $20 million in private funding, BRS has spent the last two-and-one-half years developing innovations that combine computer vision, video analytics, and machine learning to create disruptive innovations in the video security field. To date, the company has filed more than 16 U.S. patents on its video surveillance analysis technology. Now BRS has assembled a management team with extensive security expertise to bring its solutions to the security market.

"The U.S. government and private industry have invested billions of dollars in video security, but legacy rules-based video analytics systems require considerable human support to decipher potential security threats and still have very high false-alarm rates," said Frazzini. "BRS is the first company to develop a video technology that can recognize and learn abnormal behavior patterns without human input, and then provide real-time alerts whenever it detects anomalous activity. Only BRS can deliver the alerting accuracy and scale needed to make video surveillance truly viable for securing large and complex environments. I look forward to providing a strong operational foundation for the successful delivery of this technology across a wide range of industries and applications."

Over the past eight months, BRS has conducted pilot deployments across a broad spectrum of security environments including a global energy company, a global financial services company, an undercover federal law enforcement operation, a classified nuclear facility, a high-threat-target government facility, and a professional sports stadium. The company is now undergoing final testing in preparation for its formal product launch in the Fall.

Cameras by the Millions

With the constraints imposed by current technology, there are too few people watching too many cameras. The New York Times estimates there are 4.2 million closed-circuit TV cameras in London alone. Thousands of new cameras are installed every day in the United States. In the coming years there will be tens of millions of cameras installed around the world, each linked to a monitor that needs to be watched.

BRS' machine-learning technology takes input from existing video security installations, recognizes and identifies the objects in each frame to "learn" normal behavior, and analyzes the changes, activities, and motions of those objects to provide a wide range of alert systems that can predict and report abnormal or high-risk behaviors. View video examples of BRS' technology at http://www.brslabs.com/examples.php.

"Intelligent video software is fast becoming a must-have element for security implementations, for real-time protection of our nation's critical infrastructure," said Dr. Parney Albright, managing director and vice chairman of Civitas Group, a strategic advisory and investment firm serving the homeland and national security markets, and former assistant secretary of science and technology at the Department of Homeland Security. "The next step, in terms of scalability and performance, is to allow the video input to be understood by computer-learning software. I believe that the successful merger of video with machine learning will become the new standard for deployment and use within video security systems."

Visionary Leadership, Strong Security Credentials, and World-Class Team

BRS was founded by technology visionary and serial entrepreneur Ray Davis, who remains chairman and CEO of the company. With dozens of patents to his credit, Davis has generated value for shareholders in businesses of increasing size and complexity, bringing new and innovative technology products and services to market, and making computer technology more powerful and accessible.

Frazzini joined BRS as president in May 2008 after advising the company through its early-stage development activities. Frazzini brings over 15 years of experience working in the security field, focusing on the development and use of advanced security technologies. He has been a U.S. Secret Service agent as well as a private security technology executive. His most recent work included providing technology development, go to market strategy, international technology distribution, and merger and acquisition strategy consulting services to several venture-capital-financed security-software firms.

Andy DiFazio also joins BRS as vice president of strategic initiatives. DiFazio has extensive experience and success in the security industry, driving new and innovative technologies into the defense and homeland security markets.

Additionally, the BRS technical development team consists of some of the world's most sophisticated computer-vision and machine-learning scientists and software engineers, capable of turning complex theoretical ideas into practical, market-ready solutions. Over 3,000 applicants were screened to build a world-class development team of over 25 engineers and scientists with PhDs in analytics, artificial and machine intelligence, spatial-temporal reasoning, and classical and quantum mathematics.

About BRS Labs

BRS Labs is a software development company that has developed a proprietary method to analyze video based on information the system has "learned" over time. BRS Labs is the only company that has been able to apply machine-learning capabilities to video analytics, thereby removing the human element from surveillance. No human is required to define parameters for the system to recognize behavior; the system reports unusual or suspicious behaviors based on memories it has acquired through observations over time. BRS Labs was founded in November 2005 and is headquartered in Houston, Texas. The company is funded by $20 million in private equity.