Seyeon Tech fulfills its motto " Link the World as One " by protecting people and assets with IP-based security products. With more than 10 years of experience and know-how in network surveillance, it cooperates with international brands and maintains its own brand, FlexWATCH. " The economic crisis was an obstacle for IP surveillance growth," said J.S. Cho, Chief Deputy Director. " We experienced a 30- to 40-percent sales drop in Europe." However, government projects buoyed sales in Asia with high demand for IP products. Seyeon Tech experienced positive growth for the Korean and Chinese markets.

STRATEGIES AND CORE COMPETENCE
The company partners with major security companies for third-party integration. " Seyeon Tech provides total solutions for users," Cho said. This year, Seyeon Tech launched an embedded NVR for easy integration. Its network cameras support both H.264 and M-JPEG compression formats at VGA and D1 resolutions. " With competitive functions and product quality, Seyeon Tech sets itself apart from competitors," Cho said.

FUTURE OUTLOOK
Seeyon Tech is optimistic about the IP market. " High growth is expected for network cameras, especially for megapixel cameras and video analytics," Cho said. " The IP market in East Europe and the Americas will increase, and we also expect government purchases in Asia to perform well."