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ISS Announces New Chief Executive and Chairman

ISS ANNOUNCES APPOINTMENT OF NEW CHIEF EXECUTIVE AND CHAIRMAN
FOUNDER JARKOI TO FOCUS ON R&D TO ACCELERATE GLOBAL GROWTH

Woodbridge, N.J., September 25, 2015 — Intelligent Security Systems (“ISS”), a leading provider Intelligent Video Solutions to the global security and surveillance markets, announced today that it has elected Richard Burns to the chairmanship of the company’s board and has promoted Aluisio Figueiredo to Chief Executive Officer.
“I am extremely pleased and excited to make these two important appointments,” said Roman Jarkoi, ISS founder. “It was right time to promote Aluisio from Chief Operating to Chief Executive Officer – a title he has earned. He will work closely with Richard, a professional investor and seasoned operator, who we believe can play a critical role in our next phase of global expansion.”
Jarkoi proposed Burns to succeed him as chairman of ISS effective immediately and will be taking the role of Chief Innovation Officer, allowing him to focus exclusively on research & development and the next generation of ISS products and services.
As Intelligent Security Systems’ Chief Operating Officer, Aluisio Figueiredo has been responsible for the day-to-day operations of ISS as well as overseeing the strategic development and execution of the company’s corporate and product plans. He has been integral to the worldwide expansion of ISS, having overseen staff development and product rollouts in North and South America, Europe, and the Middle East.
Burns is a general partner with Isis Venture Partners; an active investment management company headquartered in New York, and has enjoyed a long career as a senior executive and board member. He was formerly the President/CEO of Thomson Financial Media, Chief Executive of Institutional Investor, and President of Euromoney Publications North America. He is currently Chairman of Manhattan Media and Datarisk Global, and has sat on the board of Interaudi Bank, 24/7 Real Media, and ex-offico on the boards of trustees of the American Museum of Natural History and Carnegie Hall.
All operating functions report to Figueiredo – including global sales, research & development, technical support, finance and administration. All offices and profit centers in the Americas, Russia, Brazil, Dubai and other locations will report directly or indirectly to the CEO. Figueiredo reports to the Board.

ABOUT INTELLIGENT SECURITY SYSTEMS

ISS, headquartered in Woodbridge, NJ, and with offices worldwide, is a leader in video management and analytic software. ISS is the nucleus of a complete surveillance deployment, incorporating security management and business intelligence into a comprehensive solution to address a variety of use cases and verticals. Turning traditional video management into Video Intelligence, it can manage and monitor an unlimited number of cameras and devices, apply analytics, and integrate disparate systems into one centralized visualization platform.

Smart video subsystems include Face Capture & Recognition, Traffic Monitoring, Transit & Cargo Container Recognition, License Plate Recognition, and Object Tracking, as well as dedicated solutions for POS (shrinkage detection) and ATM systems. ISS has successfully deployed over 100,000 systems in command of over 2 million cameras worldwide. The development team has over 20 years of experience creating highly intelligent security solutions.

For more information, please contact Mari Robles, mari@isscctv.com or +1 (732) 855 – 1111, or visit the company’s website www.isscctv.com.