Iveda Solutions, a provider of cloud video hosting technology and solutions, announced that it has retained RJ Falkner & Company, Inc. to develop and implement a comprehensive investor relations program for the Company.
RJ Falkner & Company, Inc. is an investment research and financial communications firm that seeks out undervalued small-cap companies with the potential to outperform the overall stock market on an intermediate- and long-term basis. Its research analysts work with the management of such companies to broaden their exposure within the investment community and expand the level of interest among investment professionals and high-net-worth individual investors.
“We selected RJ Falkner & Company as our investor relations firm because of its expertise in shareholder communications and the relationships that its research analysts have developed within the investment community over the past 44 years,” stated David Ly, Chief Executive Officer of Iveda Solutions, Inc.
“We are excited to be selected to provide a full range of investor relations services to Iveda Solutions, Inc.,” commented R. Jerry Falkner, CFA, President of RJ Falkner & Company, Inc. “In our opinion, Iveda Solutions is positioned to grow its revenue and profitability by providing cloud-based video solutions, including Video Surveillance as a Service (“VSaaS”), to commercial, industrial, residential and government customers on a global scale. The ability to manage and monitor video over secure websites provides significant operational and cost-saving benefits relative to traditional hard-wired or on-site server storage-based systems, thus opening the door for business efficiency applications as well as security solutions. We believe Iveda Solutions is well-positioned to target large market opportunities and are confident in management's ability to significantly enhance shareholder value in coming years.”