Sarnoff Corporation Announces Sale of Intelligent Video Surveillance Technologies to L-3 Communications

PRINCETON, N.J. & ARLINGTON, Va. -- Sarnoff Corporation, the Princeton-based innovation services and technology development company, today announced that L-3 Communications has acquired the advanced video security product lines marketed by its Pyramid Vision subsidiary. Terms were not disclosed.

The agreement covers a suite of award-winning intelligent video surveillance products, including:

-- VisionAlert: The video content analysis solution that offers "motion-on-motion" detection capabilities for both fixed and pan/tilt/zoom (PTZ) cameras. By electronically stabilizing video images and subtracting background motion, VisionAlert transforms video cameras into intelligent security sensors that spot perimeter breaches and abandoned or loitering objects, and track moving targets - even in low light or bad weather conditions.

-- Hawk: An integrated, scaleable, rules-based security sensor management platform that creates a unified, multi-dimensional view of multiple alarm sensor types and video feeds. Hawk is optimized for medium-to-large-scale wide area surveillance.

-- Video Flashlight: For video-intensive facilities, Video Flashlight has the ability to "warp and stitch" multiple, real-time video streams into a single, three-dimensional view. The system allows security forces to intuitively grasp spatial relationships--the previously missing "context" that is critical to understanding the nature of the threat and directing the response.

"Sarnoff Corporation has an extraordinary legacy of research and innovation," said Dr. Satyam Cherukuri, Sarnoff's chief executive officer. "The sale of these technologies to L-3 Communications is consistent with our business strategy to develop and commercialize innovative products that are highly relevant to the global marketplace. We are pleased to be able to combine our technology development capabilities with L-3's resources to provide a growing number of customers with best-in-class solutions."

Pyramid Vision will continue to market and support its existing product lines for advanced video processing. They include Video Detective(TM), the law enforcement video analyst's workstation, the Acadia, the real-time video processing accelerator, and Jam, the video analyst's applications package. These products are major components of solutions for the aerial reconnaissance, intelligence and law enforcement communities.