Irisity AB (publ) and Immix have entered into a partnership enabling new and existing Immix customers to benefit from Irisity's industry-leading AI analytics.

Traditional video analytics and sensor-driven cameras typically create a lot of false alarms due to light changes, vegetation, animals, debris and other visual disturbances. Torrents of low-quality alarms are sent to alarm monitoring centrals for operator verification.​ This high rate of false alarms drives costs and increases the probability of human error and missed true alerts.

To significantly improve the alarm flow, IRIS(TM) analytics acts as a virtual "AI operator" with unlimited attention, tirelessly analyzing thousands of alarm flows, filtering out only the important alarms. By combining IRIS/Immix, customers will save money and increase safety for both people and assets.

"We're very happy to join forces with Immix, providing the most efficient video alarm monitoring solution on the market. By combining Irisity's market-leading AI-based analytics with Immix's excellent alarm receiving platform, we offer a strong solution to the market", comments Victor Hagelbäck, VP Product at Irisity.

Immix is a global provider of software that improves the ability of commercial central stations and monitoring centers to manage and respond to security events. Immix currently integrates with over 500 of the top security products and systems in the market.

For further information:

Victor Hagelbäck, VP Products

Phone: +46 709 56 44 01

E-mail: victor.hagelback@irisity.com

About Irisity

At Irisity we're doing real-time video analytics powered by machine learning. Irisity is a public Swedish AI-company with headquarters at Lindholmen, Gothenburg, Sweden and offices in Israel, USA, UAE, Mexico, Singapore and Denmark, where the innovative spirit is flourishing. We develop smart algorithms to detect and predict suspicious activities while preserving people's integrity. We believe that enhanced AI performance, ethics, and privacy go hand in hand, creating a positive mark within the camera security industry.

Irisity's patented solution IRIS(TM) can be integrated into any new or existing camera infrastructure, installed directly into the camera, on server or in the cloud, to safeguarding people and assets. IRIS(TM) product portfolio includes solutions on asset protection, traffic management, and forensic search capabilities for a broad spectrum of industries such as safe cities, education, transportation, infrastructure, and the security industry. All IRIS(TM) functionality is available with our patented real-time anonymization, ensuring GDPR and US NDA act compliance and ethical safeguarding.

The Irisity AB (publ) share is listed on Nasdaq First North Growth Market, with the ticker IRIS

Certified Adviser: Erik Penser Bank AB ** +46 8 463 83 00 **   certifiedadviser@penser.se

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