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TeleEye received the Technological Achievement Certificate of Merit of 2006 Hong Kong Awards for Industries.  The award was presented to the company that has innovative achievement, which impacted on both business and on daily life.  The award reflected a standard of recognition to technological excellence in Hong Kong.

The Hong Kong Awards for Industries was organized by Hong Kong Science and Technology Parks Corporation (HKSTP). The presentation ceremony was held on the 5th February 2007 at the Hong Kong Convention and Exhibition Centre.  

The Judging Panel commented:  "TeleEye has solid experience in offering a wide range of remote visual management systems and solutions.  The company is a good example of R&D-oriented company as shown by its heavy investment in R&D and recognition to R&D staff."

Dr. Cliff Chan, CEO of the TeleEye Group said:  "In view of the need of a coder which generates multiple video streams of optimal quality for different media, our R&D has devoted significant effort to develop the revolutionary SMAC-M coder for the market.  SMAC-M is the first video coder that outputs 5 independent digital video streams to give optimal performance in recording and surveillance in various communication channels."

"We are pleased that HKSTP has recognized our emphasis on technological advancements.  TeleEye is committed to maintain our position at leading edge of remote surveillance and recording technolog," Dr. Cliff Chan added.

Founded in 1994, TeleEye has been dedicated to the development, sales and marketing of hi-tech CCTV equipment that makes use of advanced signal processing technologies. TeleEye products extend people's vision beyond boundaries and open up innovative applications especially in the Internet and mobile world.

TeleEye RX Series Video Recording Transmitter is incorporated with proprietary multi-rate video coder SMAC-M.  With SMAC-M, TeleEye RX records 60% longer than MPEG-4 DVR using same size of HDD.  It saves HDD cost and reduces management headache. User can now use his own mobile phone with M-303 mobile monitoring software to view live video of a TeleEye RX via 3G or GPRS and at the same time not affecting the DVD quality recording there.  TeleEye RX has been deployed in many Central Monitoring Stations like Group 4 Securicor in South Africa, Visual Verification, Securitas UK in the UK, Bell MIT in the Ireland, Specialist Australian Security in Australia, Chubb Hong Kong Ltd. in Hong Kong, etc. for video surveillance and alarm verification applications.

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