Powerful Video Surveillance Software

CertaintyPoint announced that it has started testing software designed to let users manage a surveillance system from a local computer or a remote device. CertaintySoft allows users to control up to  16 cameras over the Internet from a command consul that is easily customizable to  individual preferences and works with all major browsers, the company said.

CertaintySoft combines the quality and functionality of a professional system with a new easy to use Office 2007 style interface. It will be bundled with CertaintyCam starter kits.

“We are excited to begin testing CertaintySoft. It is based on VisualGate technology and delivers the same powerful professional features in a simpler smaller package.” said Isaac Raichyk, chief executive officer of CertaintyPoint. “Kits containing the new software will start shipping in the first quarter of 2010. Each kit is a complete single camera surveillance system in a box priced under $300.”

Local Investors Provide First Stage Financing

Toronto-based CertaintyPoint Technologies Inc. has completed an issue of five million preferred shares at $.10 per share as part of a larger private placement of up to twenty million shares to be closed by July 31, 2009. The proceeds will be used to complete development of the company’s powerline-based digital video surveillance products scheduled to hit the market in September 2009.

“We are pleased to have been able to arrange first stage financing in these tough economic conditions,” said Isaac Raichyk, chief executive officer of CertaintyPoint. “Today, investors are reluctant to participate in any but the most promising ventures.”

CertaintyPoint Acquires Video Technology

CertaintyPoint announced today that it has acquired video surveillance software and other intellectual property from VisualGate Systems, Inc., a leading developer of Ethernet over Powerline technology.

Under the agreement, CertaintyPoint will pay VisualGate a fixed sum for all rights to assets that include:

• VueSoft digital video surveillance management software
• USA patent No. 10/935,175 for system, method and apparatus for adaptive video surveillance over Powerlines
• Pending patent for method, apparatus and system for configuring and managing monitoring devices through a set-top box
• Single cable Power & Ethernet design

VueEdge analogue to digital products and DVRs designed for the security industry are not included in the sale.

CertaintyPoint will develop VueSoft for the residential and small business markets. VisualGate will have the right to license the improved software for a fixed fee. Such right will expire November 30, 2009.

“We are extremely excited to have this opportunity to develop leading edge products based on VisualGate technology.” said Isaac Raichyk, president and chief executive officer of CertaintyPoint. “Finally, home owners and small businesses worldwide will be able to install a quality surveillance system in minutes. No new cables. No mess. Digital video is transmitted over existing electrical wires to a local PC or through a router to the Internet.”

“VisualGate has always been more interested in the professional security market segment and is happy to see CertaintyPoint commercialize this technology for the home and small business markets,” said David Kerzner, Chairman of VisualGate. “We intend to raise funds to complete our VueEdge analogue to digital products.”