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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  IMINT Image Intelligence AB (publ.)    0GCH   SE0007692124

IMINT IMAGE INTELLIGENCE AB (PUBL.)

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IMINT Image Intelligence : and MediaTek To Bring Advanced Video Enhancement Technology to More Smartphones & Other Mobile Devices Worldwide

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09/22/2020 | 10:21am EDT

UPPSALA, Sweden, September 22, 2020 - IMINT Image Intelligence AB (http://www.weareimint.com/) ("Imint"), a global leader in video enhancement software, today announced its collaboration with Taiwanese fabless chipset company MediaTek to significantly advance the adoption of video enhancement technology in smartphones and other mobile devices by enabling the integration of Imint's Vidhance software suite into new MediaTek's chipsets.

Imint's video enhancement technology is already leveraged by over 250+-million smartphones worldwide, and is increasingly used in other camera-based products such as modular cameras, bodycams, drones, and more.

"This initiative marks a significant milestone for the growth of video enhancement technology and its accessibility to smartphone and mobile users across the globe," said Andreas Lifvendahl, Imint CEO. "As one of the market's most popular chipset developers, MediaTek powers one in three mobile devices. Through this effort, more OEMs will be able to adopt our advanced video enhancement solutions that transform how users capture and record video."

This collaboration grants Imint access to MediaTek software packages and expert support, enabling better and quicker integration of the Imint Vidhance software suite on new MediaTek chipsets.

Imint solutions immediately available on MediaTek's chipsets include Vidhance Dynamic Motion Blur Reduction (DMBR), which minimizes the effect of motion-blur in stabilized video; Vidhance Super Stabilization, which removes unwanted camera movement to produce video stabilization on par with or exceeding dedicated action cams; Vidhance Field of View Correction (FOVC), which eliminates zoom artifacts that are present in videos with frequent lens shifting; Vidhance Horizon Correction (HC), which auto-levels crooked horizons in videos; amongst others.

Imint's suite of video enhancement solutions, now available on MediaTek's chipsets, allows users to capture professional-quality content from mobile devices.

According to Nathan Li, Senior Director of the Wireless Communications business unit at MediaTek, "MediaTek is committed to making great mobile experiences accessible to consumers around the globe. With its Vidhance software, Imint enables our customers to bring to market cutting-edge smartphones with the latest video capabilities. We have successfully worked on a number of high-profile product launches with our joint smartphone customers and are excited to deepen our collaboration efforts."

"Increasingly, mobile OEMs like Xiaomi, Oppo, Vivo, and Infinix are turning to MediaTek as their chip partner," concluded Lifvendahl. "Through this collaboration, we're ensuring that more consumers than ever before have access to our advanced video enhancement technology through their smartphones and other mobile devices."

Imint's suite of Vidhance solutions has been used by leading mobile manufacturers such as Motorola, Xiaomi, OPPO, OnePlus, Vivo, Huawei, among many others. For more information, visit https://weareimint.com. For the press kit, click here (https://www.dropbox.com/sh/1bsv2wy2ho417rh/AACiGbND9vFUI1pbjy845JMHa?dl=0).

About IMINT Image Intelligence AB

Imint is a Swedish senior software enterprise in intelligent sensor and data analysis, founded in 2007 and listed December 2015. We drive the development of visionary and targeted products and solutions that create leaders of innovation. Imint is the company behind Vidhance and has more than 10 years of experience developing video enhancement software for the consumer and industrial market.

https://news.cision.com/imint/r/imint-and-mediatek-to-bring-advanced-video-enhancement-technology-to-more-smartphones---other-mobile,c3200829

https://news.cision.com/imint/i/vidhance---mediatek,c2828911

(c) 2020 Cision. All rights reserved., source Press Releases - English


Stocks mentioned in the article
ChangeLast1st jan.
IMINT IMAGE INTELLIGENCE AB (PUBL.) 0.63% 23.85 Delayed Quote.0.00%
MEDIATEK INC. 0.72% 697 End-of-day quote.57.16%
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Financials
Sales 2020 41,0 M 4,71 M 4,71 M
Net income 2020 -5,00 M -0,57 M -0,57 M
Net cash 2020 23,0 M 2,64 M 2,64 M
P/E ratio 2020 -
Yield 2020 -
Capitalization 212 M 24,2 M 24,3 M
EV / Sales 2020 4,60x
EV / Sales 2021 3,64x
Nbr of Employees 27
Free-Float 99,0%
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Managers
NameTitle
Erik Andreas Lifvendahl Chief Executive Officer
Peter Ekerling Chairman
Jens Ålander Chief Operating & Financial Officer
Johan Svensson Chief Technology Officer
Joakim Nydemark Director
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