MOBOTIX Reports Revenue Growth of 50 Percent

The company anticipates continued strong performance in 2011.
Publish date:
Updated on

MOBOTIX, a provider of digital high-resolution network-based video security systems, says it has experienced growth in the U.S. market of the past fiscal year with revenue increasing by 50 percent of the previous year.

The growth “validates” MOBOTIX’s strategic efforts to build a solid ecosystem of integrator and reseller partners to offer a divers and differentiated product mix, as well as a robust channel to reach core vertical industries, the company says in a written statement. MOBOTIX’s decentralized approach to delivering high-resolution images oven an internet protocol (IP) video network quickly impressed users who have been seeking solutions that do not require a huge information technology (IT) infrastructure, the company says. As a result, MOBOTIX anticipates continued growth in the United States by providing megapixel surveillance systems available to business customers.

“MOBOTIX established a solid footprint in the United States and will continue to invest in this market,” said Lutz Coelen, MOBOTIX’s chief financial officer, who added the company is “excited” about the “increased traction in this market.”

In addition, MOBOTIX anticipates continued strong performance in 2011, particularly as it expands into the consumer market with the rollout of the company’s IP Video Door Station T24, shown for the first time in the United States.