Irisity AB (publ) Awarded Major Project at Leading Latin Ame

Gothenburg, Sweden - November 3, 2024 - Irisity AB (publ), a leading provider of an open platform for AI video analytics has today been awarded a major airport project in Latin America.

Summary of the project

This award is valued at approximately MSEK +10,5 over a two-year period. The project scope includes providing Irisity's developed enterprise AI analytics software and support services for enhancing airport security protocols for both indoor and outdoor areas.

This deployment will add AI powered detection capabilities to 2 000 existing IP cameras and be deployed using Intel based servers. The project demonstrates the flexibility of IRIS+ Enteprise's architecture which can be deployed for large scale end user onsite and cloud deployments. Irisity was chosen in part because of our 20-year experience and expertise in delivering large scale AI video software deployments without replacing the existing cameras.

The project reflects Irisity's commitment to enhancing security operation centers with AI solutions and to building strong, collaborative relationships with our end customers security and safety operations.

For further information, please contact:

Keven Marier, CEO, Irisity AB, +46 771 41 11 00, keven.marier@irisity.com.

This is information that Irisity AB (publ) is obliged to make public according to the EU's market abuse regulation. The information was submitted for publication, through the agency of the contact person above, at 20:30 CET on November 3, 2024.

About Irisity AB

Irisity's AI Open Platform enhances any camera and video management system by integrating a choice of advanced AI and video metadata management featuring hybrid architecture, built-in anonymization and flexible deployment (on-premises, cloud, or hybrid). Globally trusted in over 3000 locations, our platform delivers real-time, efficient and precise data, augmenting human decisions to improve safety, operational efficiency and organizational intelligence.

The Irisity AB (publ) share is listed on Nasdaq First North Growth Market, with the ticker IRIS, the Company's Certified Adviser is Carnegie Investment Bank AB.

Irisity AB (publ) Awarded Major Project at Leading Latin American Airport.