2010.02.12

Nio Security, Inc. Strengthens Relationship with Genie CCTV, Ltd.


Nio Security, Inc. Strengthens Relationship with Genie CCTV, Ltd.: Partnership on sales and a new order of 600 units for Nio's renowned CloseView Security Product


Genie CCTV, Ltd. and Nio Security, Inc. today announced a renewal and strengthening of its partnership with Genie’s order of 600 units of Nio's renowned CloseView(TM) product. Nio sees this order as a verification of its technology within Video Analytics

Nio sees numerous other opportunities within the market for distributors and OEM and VAR agreements in a market that is continuing to grow by more than an estimated 25% per year.

Genie CCTV Limited is a privately funded company specializing in the supply of high-quality security equipment, and has been a certified dealer for Nio since December 2006. Founded in 2001, the company has seen six years of continuous growth and is established as one of the favored brands in the CCTV marketplace. Genie's products are available through the established security distribution network in the United Kingdom, the Republic of Ireland, Holland, Denmark and Middle East.

For further Information contact
Nio Security, Inc. Chairman & CEO Espen Brodin +47 920 44 558