In today’s news round-up, Milestone Systems’ software and cameras from Axis Communications have been used to upgrade an analogue surveillance system to IP at the V&A Waterfront in Cape Town. The new security system covers an area of approximately 300 acres, with over 16,000 people working on site in any 24-hour period and around 23 million visitors each year. In corporate news, Avigilon has recently announced its second quarter financial results. Financial highlights from the report include a 61% increase in revenue from $24.4 million to $39.2 million and a 159% increase in net income compared to Avigilon’s 2012 second quarter results.

In events news, AxxonSoft’s upcoming All-over-IP Expo 2013 will see Erik Frannlid of Axis Communications deliver a keynote speech entitled “Future is now. The Next Big Thing for Video Surveillance”. The 6th Annual International ALL-OVER-IP EXPO 2013 is Russia’s No. 1 networking event for global IT, Surveillance and Security vendors and key local customers. Over in Singapore, Pacom Systems has appointed Giri Ramamoorthy as Director for Sales & Business Development for the Asia region. Giri will be responsible for accelerating the expansion of the business in Asia and brings more than 17 years of experience in the security industry into the role. Finally, CIVINTEC desktop readers have been installed at turnstile and e-ticket system entrances at the Chamsil Olympic Main Stadium in Seoul, South Korea. Read more security news…