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Avigilon Security Solutions Selected as New Standard for Saudi Arabia’s Largest Retail Operator

01/16/2018

~Arabian Centres deploys complete Avigilon security solution to protect more than 10 million square feet (1 million square meters) of retail space~ 

VANCOUVER, CANADA, January 16, 2018 – Avigilon Corporation (“Avigilon”) (TSX: AVO), provider of trusted security solutions, today announced it has been selected by Arabian Centres Company (“Arabian Centres”) to strengthen security at its 19 retail properties in the Kingdom of Saudi Arabia.

For over a decade Arabian Centres has been at the heart of Saudi Arabia’s retail growth, providing world-class shopping, dining and entertainment. To enhance safety and comply with changes to the region’s security and surveillance regulations, Arabian Centres installed a complete Avigilon security solution in each of its malls, which includes an average of 350 Avigilon HD Pro and Avigilon HD Dome cameras, Avigilon network video recorders and Avigilon Control Center (ACC) video management software. In the first phase of upgrades, Avigilon solutions were installed in twelve Arabian Centres malls, with upgrades to the remaining seven malls’ surveillance systems underway and plans to deploy Avigilon solutions at an additional nine malls over the next three years. 

Arabian Centres has also realized operational efficiencies by installing Avigilon 5K (16 MP) HD Pro cameras in its parking areas. As the industry’s highest single-sensor megapixel camera with self-learning analytics, the HD Pro camera provides wide coverage and detailed images using fewer cameras, allowing operators to quickly respond to potential security events. Combined with ACC’s advanced search capabilities, these cameras enable operators to conduct fast video searches and accurately identify a person or vehicle of interest.

Figure 1. Arabian Centres deploys complete Avigilon security solution to protect more than 10 million square feet of retail space.

“Avigilon provided us with a comprehensive and scalable security solution that helped us comply with government regulations, while also ensuring we continue to meet our quality standards as a top-ranked market entity,” said Rashed Alothman, Chief Information Technology Officer for Arabian Centres. “With many more developments planned for the future, we look forward to continuing to work with Avigilon to streamline our operations and enhance the safety and security of our customers and employees.”

The partnership between Avigilon and Arabian Centres will continue to grow with plans to operate a total of 28 malls in the next three years, with Avigilon solutions being the standard across all of them.

To learn more about Avigilon’s retail solutions, please view our retail flyer. For more information on product availability, please contact: http://avigilon.com/contact-sales.

About Avigilon
Avigilon Corporation provides trusted security solutions to the global market. Avigilon designs, develops, and manufactures video analytics, network video management software and hardware, surveillance cameras, and access control solutions. To learn more about Avigilon, visit avigilon.com.

© 2018, Avigilon Corporation. All rights reserved. AVIGILON, the AVIGILON logo, TRUSTED SECURITY SOLUTIONS, AVIGILON CONTROL CENTER, and ACC are trademarks of Avigilon Corporation. Other names or logos mentioned herein may be the trademarks of their respective owners.

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For further information:

Investor Enquiries: 
Avigilon Investor Relations 
T: (604) 629-5182 
investors@avigilon.com

Media Enquiries: 
Amy Day
Senior Manager, Global Communications
T: (604) 629-5182 x2625
media@avigilon.com

Forward-Looking Statements
Certain information and statements in this news release contain and constitute forward-looking information or forward-looking statements as defined under applicable securities laws (collectively, “forward-looking statements”). Forward-looking statements normally contain words like ‘believe’, ‘expect’, ‘anticipate’, ‘plan’, ‘intend’, ‘continue’, ‘estimate’, ‘may’, ‘will’, ‘should’, ‘ongoing’ and similar expressions, and within this news release include any statements (express or implied) respecting the quantity and nature of Avigilon’s future projects with Arabian Centres, a continuing relationship with Arabian Centres, and intended product functionality and suitability for Arabian Centres’ mall locations.

Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions, and other factors that management currently believes are relevant, reasonable, and appropriate in the circumstances, including, without limitation, assumptions that prospective Arabian Centres’ mall locations will be developed, Avigilon’s products will be suitable and available for prospective projects, Avigilon’s relationship with Arabian Centres will be maintained, and local security laws will remain materially unchanged.

Although management believes that the forward-looking statements are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Avigilon’s business, as more particularly described in the “Risk Factors” section of Avigilon’s Annual Information Form dated February 28, 2017, which is available under Avigilon’s profile on SEDAR at www.sedar.com. Material risks and uncertainties applicable to the forward-looking statements set out herein include, but are not limited to, unforeseen events, developments or factors causing any of the aforesaid expectations, assumptions, and other factors ultimately being inaccurate or irrelevant. Although Avigilon has attempted to identify factors that may cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, predicted, estimated or intended. Also, many of the factors are beyond the control of Avigilon. Accordingly, readers should not place undue reliance on forward-looking statements.

Avigilon undertakes no obligation to reissue or update any forward-looking statements as a result of new information or events after the date hereof except as may be required by law. All forward-looking statements contained in this news release are qualified by this cautionary statement.