Axis Communications recognizes Remark Holdings Inc. as an Axis Technology Integration Partner

The companies will jointly market AI solutions Based on Remark’s Intelligent Security Platform (SSP)

LA VEGAS, June 8, 2022 /PRNewswire/ — Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company providing advanced artificial intelligence (“AI”) solutions and digital media properties, today announced that it had been accepted as an Axis technology integration partner. Remark’s Security Intelligence Platform (SSP), a leading video analytics solution, is now available with Axis’ family of network and surveillance cameras with integrated deep learning processing units.

“Axis is a global market leader in surveillance and network cameras. We are delighted to have been accepted as an Axis Technology Integration Partner, recognizing the added value of our AI-powered SSP,” noted Kai-Sing TaoChairman and CEO of Remark Holdings.

Remark AI’s SSP is based on the AIoT architecture, enabling edge computing on AI boxes and servers for on-premises and cloud deployment solutions. Through the Technology Integration Partner Program and leveraging the AXIS Camera Application Platform (ACAP), advanced deep learning-based video analytics capabilities of Remark AI SSP will be available directly to the upgraded camera series from Axis Communications. Such a solution can complement Remark’s current state-of-the-art computing capability and provide Axis and Remark customers with a better solution that includes state-of-the-art camera-based artificial intelligence features, real-time processing, cost reduced hardware and reduced storage and bandwidth requirements, leading to greater flexibility and cost-effectiveness for large-scale deployments.

The Axis Technology Integration Partner Program is designed for partners who already have a commercially viable application or solution in the market, or a solution very close to commercial launch, and who provide sales and product support to their customers. In addition to extensive technical support to ensure seamless integration of partner solutions with Axis products, program partners benefit from a common go-to-market strategy, including sales and marketing resources and support.

About Axis Communications, Inc.

Axis enables a smarter and safer world by creating solutions to improve business security and performance. As a network technology company and industry leader, Axis offers solutions for video surveillance, access control, intercom and audio systems. They’re complemented by smart analytics apps and backed by high-quality training. Axis has approximately 4,000 dedicated employees in more than 50 countries and works with technology and systems integration partners around the world to deliver solutions to customers. Axis was founded in 1984, and the head office is in Lund, Sweden. For more information about Axis, please visit its website www.axis.com

About Remark Holdings, Inc.

Remark Holdings, Inc. (NASDAQ: MARK) offers an integrated suite of AI solutions that enable businesses and organizations to solve problems, reduce risk and achieve positive results. The company’s easy-to-install artificial intelligence products are deployed in a wide range of retail, public safety and workplace applications. The Company also owns and operates an e-commerce digital media property focused on a luxury beach lifestyle. The company’s headquarters and operations in the United States are based in Las Vegas, Nevadaand it also maintains operations in London, England and Shanghai, China. The activities of the variable interest entities that the company consolidates have their registered office in Chengdu, China with additional operations in Hangzhou. For more information, please visit the company’s website at www.remarkholdings.com.

Forward-looking statements

This press release may contain forward-looking statements, including information relating to future events, future financial performance, strategies, expectations, the competitive environment and regulations. Words such as ‘may’, ‘should’, ‘could’, ‘should’, ‘predict’, ‘potential’, ‘continue’, ‘expect’, ‘anticipate’, ‘future’, ‘has ‘intent to’, ‘plans’, ‘believes’, ‘estimates’ and similar expressions, and statements in the future tense, identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors. , including those discussed in Part I, Item 1A.Risk Factors in Remark Holdings’ Annual Report on Form 10-K and other filings by Remark Holdings with the SEC.All forward-looking statements reflect the current views of Remark Holdings with respect to future events, are based on assumptions and are subject to risks and uncertainties.Given these uncertainties, you should not place undue reliance on forward-looking statements, which represent Remark’s estimates and assumptions. Holdings u only as of the date hereof. Except as required by law, Remark Holdings undertakes no obligation to publicly update or revise any forward-looking statements after the date hereof, whether as a result of new information, future events or otherwise.

Company details
Fay Tian
Vice President of Investor Relations
[email protected]
(+1) 626-623-2000
(+86) 13702108000

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