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Bosch Intelligent Video Analysis Catches 2,300 "thieves" At ASIS 2008
Bosch Intelligent Video Analysis Catches 2,300 "thieves" At ASIS 2008

  Attendees tried to "steal" a Bosch drill without being detected by the Bosch IP camera At the recent ASIS (American Society for Industrial Security) show in Atlanta, Georgia, more than 2,300 attendees took part in the Bosch IVA challenge, where they tried to "steal" a Bosch drill without being detected by the Bosch IP camera with built-in Intelligent Video Analysis.  People tried to use all sorts of props to fool the system-umbrellas, sheets of paper and even Bosch associates - but our camera caught the "thief" every time. ASIS estimated attendance at about 23,000, and the Bosch booth drew a lot of attention.  Attendees were thinking IP and checking out Bosch's extensive IP portfolio, including new Extreme CCTV products with built-in Bosch Intelligent Video Analysis (IVA).  Bosch also saw crowds around their intrusion, access control and camera display areas.  And of course, there was the usual "sea" of red Bosch bags throughout the show floor. Overall, it was a very successful event for both attendees and for Bosch.  Bosch will also be attending the upcoming ISC East in New York City in October.

Bosch Amends Its CCTV Technical Support For Improved Service To Customers
Bosch Amends Its CCTV Technical Support For Improved Service To Customers

Bosch have recently made several improvements to their CCTV Technical Support organization in Lancaster, Pennsylvania, resulting in greater productivity of support specialists and superior levels of service for customers.  As part of the organizational changes, Bosch has created a dedicated IP video surveillance team to assist customers with our rapidly growing portfolio of network video products and systems. "Bosch Technical Support in Lancaster now consists of two CCTV teams - one dedicated to analog products and one focused on IP video systems.  This structure is helping the company develop deeper expertise within each product groups' technical support team," said Don Boling, manager of technical support for Bosch Security Systems, Inc.   In addition to the reorganization of associate teams, the Technical Support centre has been restructured to foster greater collaboration and knowledge sharing.  The centre now features an open seating plan and centralized equipment racks used for associate training and for assisting customers with product installation and programming support, as well as with system design and product selection.  "These improvements were implemented to enhance the efficiency of our teams and to better manage our customers' support requirements," said Jim Musshafen, director of customer solutions support for Bosch.  "The overwhelming majority of our customers are receiving the help they need to properly install or maintain high quality video surveillance systems on their first call to Bosch Technical Support - demonstrating we have the right experts and organizational structure in place." Support for Extreme CCTV products has also been integrated into the Lancaster center.  Customer calls for Bosch Extreme CCTV, Bosch Derwent Illumination and Bosch REG license plate capture support, are now handled by the team in Lancaster.  Assistance for advanced technical matters will continue to be provided by associates in Extreme CCTV's location in Burnaby, Canada. 

Robert Bosch GmbH To Acquire Extreme CCTV Inc.
Robert Bosch GmbH To Acquire Extreme CCTV Inc.

Acquisition extends Bosch Security Systems' product portfolio and geographic presence in Canada, U.K. and U.S.Extreme CCTV Inc. and Robert Bosch GmbH, Stuttgart, Germany, recently jointly announced that they have entered into a definitive agreement whereby Bosch will acquire all outstanding shares of Extreme common stock at a price of C$5.00 per share in cash, resulting in an aggregate purchase price of approximately C$93 million.  The purchase price represents a premium of approximately 30% over Extreme's 30-day average price.  Following the closing of the transaction, Extreme will become part of Bosch's Security Systems division.Extreme, along with its subsidiaries Derwent Systems and Forward Vision, is a leading provider of surveillance solutions incorporating advanced imaging technologies used in extreme environments.  "Since its inception, Extreme has worked vigorously to develop a world-class portfolio of products, build a globally recognized brand and achieve sustainable revenue and earnings growth," said Jack Gin, President and CEO of Extreme.  "Merging with an industry leader such as Bosch represents an exciting opportunity for Extreme to accelerate our product development and growth initiatives by capitalizing upon Bosch's focus on research and development, utilizing its highly sophisticated manufacturing capabilities and integrating our product lines into its global sales channels.  We believe this transaction is an excellent value proposition for our shareholders and this momentous event lays the foundation of a new era for Extreme and its subsidiaries.  We fully anticipate that this business combination will result in an even brighter future for our employees and customers," continued Gin.The Bosch Security Systems division offers a wide range of systems and services in the area of video surveillance, access control, intruder and fire alarms and evacuation systems.  Bosch products include high performance video cameras, digital recording and video management systems, wireless intruder alarm systems and video network products.  Bosch Security Systems solutions are used in a wide range of industries and applications such as banks, city centres, industrial complexes, retail stores, train stations and airports.  In 2006, Bosch Security Systems and its 10,300 associates at 45 locations worldwide generated sales of approximately €1.3 billion.  "In acquiring Extreme, we want to extend our leading position in the fast growing video surveillance market," said Uwe Glock, President of the Bosch Security Systems division.  "The company's innovative technologies will expand our product portfolio and strengthen our presence in the U.K., the U.S. and Canada," Glock said.In connection with the agreement certain members of Extreme's senior management and certain of its affiliates, holding in the aggregate approximately 40% of the outstanding shares of common stock of Extreme, have entered into a support agreement with Bosch under which they have agreed to vote all of their shares of Extreme common stock in favour of the transaction.  Completion of the transaction is subject to approval by Extreme's shareholders and other customary closing conditions, including regulatory approval.  The acquisition is expected to close during the quarter ending March 31, 2008.