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| 8-K - 8-K - VICON INDUSTRIES INC /NY/ | a8-kfor2015annualmeetingpr.htm |
Exhibit 99.1 INTRODUCING THE NEW VICON - Annual Shareholders Meeting, September 21, 2015 Eric Fullerton CEO
Megatrends Innovation Siliconization Consolidation Analytics FACTORS IMPACTING TODAY’S SECURITY INDUSTRY
Mission, Vision & Values Vicon will deliver open and innovative video products and solutions, while providing an unprecedented customer experience. Vicon will enable video to become the most valuable digital resource to our customers’ and partners’ business solutions Customer, Integrity, Passion, Innovation, Team VISION MISSION VALUES
G&A • Completion of merger transaction • Development of restructuring operating plan deliverables • Integration of IQinVision operating system and financial operations into Vicon. • Sale of the Company’s headquarters facility and new facility • Implementation of a global IT systems consolidation and standardization plan.
Operations • Established comprehensive cost reduction plan. • Transitioned the Warehouse, Inspection and Test/Configuration Operation to NY. • Merged the Technical Services, Purchasing Teams. • Completed the Contract Manufacturing evaluation. • Began Vicon OEM transition to IQ MX series • Eliminate Excess IQ inventory • Embarked on fully outsourcing all manufacturing
R&D • Integration of product families between IQeye and Vicon by rationalizing SKUs, adding features, improving image quality and supporting integration with 3rd party applications • Developed viable product strategy to support future technology development for branded and OEM products • Uncovered half developed IQ Analytics that could be completed and marketed • Stabilized existing VMS (ViconNet) to a degree that system sales in North America could start growing again • Put solid plan together for next generation VMS development and started delivering to milestones
Sales • Reformatted field sales team to support both Vicon and IQ business • Restructured EMEA while maintaining revenue levels • Merged IQ/Vicon customer base into one operating system • Introduced the new Vicon to IQ accounts • Integrated inside sales and operations • New distribution-focused Channel Partner Program launched • Stabilized critical OEM Business
Marketing • Branding – Vicon and IQ Eye –The New Vicon! • Launched New Vicon concept and released thought leadership White Paper on emergence of Standards Based Open Platform • Developed interim strategic focus on ease of use and interoperability • Long term strategy is to deliver Business Intelligence applications in vertical markets on top of Video Platform • Launched several product updates to improve both ViconNet and IQ Eye cameras • Launched Access Control OEM product line
IQeye Cameras Full line of Megapixel Cameras Complete Video Solutions 9 ViconNet VMS Software 3 Tiered Levels: JUMP, ZONE and PEAK Hybrid DVRs Kollector Strike Kollector Force ViconNet NVRs NVRs preloaded with ViconNet software VAX Access Control IP-based Access Encoders 16-Channel H.264 Encoder Professional Services Pre-Configuration Field Engineering Training HDExpress NVR Plug-and-play NVR for HD cameras
Sentinel 7 Series 3 Series R5 Series Alliance-mx Alliance-mini 12 MP IQ8712NE 5 MP IQ865NE IQ765NI IQM55NR IQD55NV 3 MP IQ863WE IQ763WI IQR53NR IQM53WR IQD53WV 2 MP HD1080p IQ862WE IQ762WI IQ032SI IQR52NR IQM52WR IQD52WV 1MP HD720p IQ861WE IQ761WI IQ031SI IQR51NR IQM51WR IQD51WV VGA SD480p IQ030SI Standard Cameras Dome Cameras Bullet Camera IQeye Camera Line Overview
Financial Results Three Months Ended June 30, Nine Months Ended June 30, 2015 2014 2015 2014 Net Sales $11,701,000 $9,256,000 $32,147,000 $24,402,000 Gross Profit $4,684,000 $3,354,000 $12,359,000 $8,971,000 GP% 40.0% 36.2% 38.4% 36.8% Operating Expense $5,484,000 $4,720,000 $16,972,000 $13,802,000 Net Loss $800,000 $1,370,000 $4,751,000 $4,843,000
Thank You!
TEAM WORK POWERS THE TEAM ECOSYSTEM