New CEO Zeev Farkash takes over at ioimage

Jan. 27, 2009
Video analytics firm sees former CEO Kass move to position as president

Israel-bsed video analytics products provider ioimage has a new chief executive officer.

Zeev Farkash, the company's vice president of global sales and customer service, was appointed as CEO, replacing Roni Kass. Kass, who founded the company, is moving into the role of president where it is said he will focus on "strategy, corporate vision, long-term growth and enhancing the company's leadership position."

The company provides a variety of cameras with analytics running inside of the devices. The devices can be used to automatically detect perimeter intrusions, among other applications. According to IMS Research, ioimage is reported to have some 37 percent of the world intelligent camera and encoder market.

Farkash, the new CEO, brings 14 years experience in the world of security and surveillance, primarily from the areas of business development, sales and marketing. His background includes time at Unisor Design Services. The technology assets of Unisor, a technology design and manufacturing company, were acquired by ioimage in March 2007. Before Unisor, Farkash had worked with NICE Systems in that firm's video surveillance division, and with IBM and Applied Materials.

Kass said he felt "confident" in turning over the reigns for ioimage to Farkash, and he credited Farkash with being "a major part of the company's success."

"[He] has the right skills to lead ioimage in attaining its goals," said Kass. "This change in management will enable me to focus my efforts on generating further growth opportunities for the company."

Farkash said he was honored to take the helm of iomiage, and said that video analytics is seeing "more of a demand than ever." He added that he plans to grow ioimage's business especially in Asia and North America.