Addressing both need-to-have and nice-to-have markets, there are a number of applications for our IRIS technology. The most immediate is in-home security, where for the first time consumers are able to put in place a low-cost user-friendly system to monitor their home, from any location.
There are already signs that IRIS cameras will be used in a variety of ‘infotainment’ situations and locations - whether this is to provide information, such as traffic and weather, or entertainment, such as a live video images from nightclubs, tourist spots, and sport events.
Commensurate with Pedagog’s vision of developing a worldwide ‘Videocommunity’ – as ubiquitous as the internet community - has been the rapid rise in recent years of the social networking and video blogging phenomenon. Pedagog’s ability to broadcast live personal video content simultaneously to many mobiles has put the company at the forefront of the Web 2.0 revolution; the Company believes this will be an area of significant focus in coming years.
