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Iveda and ProphetStor Collaborate on Providing Software-Defined Storage for Cloud Video Hosting

Federator SDS (TM) to Maximize Operational Efficiency for Sentir(TM) Video Management

MESA, AZ and MILPITAS, CA--(Marketwired - May 28, 2014) - ProphetStor Data Services, Inc., a leader in Software-Defined Storage (SDS), and Iveda® (OTCQB: IVDA), the pioneer in cloud video hosting technology, today announced an agreement to collaborate on a software-defined storage infrastructure for providing enterprise class cloud video surveillance to its customers.

Iveda is implementing ProphetStor Federator SDS ™ to orchestrate existing storage silos and commodity hardware into a high performance, intelligent storage system for the Sentir Intercloud platform. This allows Iveda to provide its customers with a leading video management platform optimized across public and private cloud deployments for device provisioning, video streaming, and cloud video analytics.

"We choose ProphetStor because its Federator SDS solution greatly simplifies storage infrastructure management through software-defined storage," said David Ly, Chairman and CEO of Iveda. "Leveraging Federator SDS with our Sentir video management platform allows us to maximize our storage capabilities, minimize the infrastructure cost, and optimize cloud service operations across the board for our customers. With the partnership, we are ready to provide the first Big Video Data in the industry."

Iveda and ProphetStor are partnering on the architecture design and technical specifications for a Big Video Data cloud storage infrastructure to serve as the template for internal operations. Federator is providing automatic discovery and abstraction of physical storage resources into virtual pools classified by capabilities and performance, along with centralized management, automated storage provisioning, and dynamic monitoring and scheduling of resources to meet storage demands. The resulting template will serve as the basis to build infrastructure and provide services to consumers, mobile users, as well as companies and institutions in the residential, small-medium business, enterprise and government market.

"Inefficient storage management is a real concern since it is the cost bottleneck in private and public clouds. ProphetStor is pleased to partner with Iveda to optimize their storage environment and to play a key partner role in their cloud video service offerings," said Eric Chen, ProphetStor CEO. "With a proficient, scalable, and future-proof storage infrastructure in place, Iveda can enable new and innovative services that meet the demands for volume, complexity, and responsiveness of the real-time, large scale video services marketplace."

About Iveda
Iveda (OTCQB: IVDA) is a premier cloud video hosting service provider, a technology innovator, and a provider of enterprise-class Video Surveillance as a Service ("VSaaS") solutions. The Company has received a SAFETY Act Designation from the Department of Homeland Security as a Qualified Anti-Terrorism Technology Provider.

The Company is headquartered in Mesa, Arizona and has a wholly-owned subsidiary in Taiwan (MEGAsys). Its common stock trades on the OTCQB under the symbol "IVDA". For additional information call (800) 385-8616 or visit www.iveda.com.

Additional Resources:

About ProphetStor Data Services, Inc.
ProphetStor Data Services, Inc., a leader in Software-Defined Storage (SDS), provides federated storage solutions to enable data centers to scale out and cut storage costs greatly for both commercial and open source solutions.

ProphetStor was founded in 2012 by seasoned storage experts, with extensive experience in cloud computing platforms, software based networked storage, data services, and BC/DR solutions.

Headquartered in Milpitas, California, ProphetStor has branch offices in Asia-Pacific regions to serve international customers. For more information, visit www.prophetstor.com.

Additional Resources

ProphetStor Federator is a trademark of ProphetStor Data Services, Inc. in the US and other countries. Iveda is a registered trademark and Sentir is a trademark of Iveda Solutions, Inc. All other company and product names contained herein may be trademarks of their respective holders.

For more information, contact:
Seetha Subramany
ProphetStor Data Services, Inc.
(408) 508-6255 ext. 708
[email protected]

Carrie R. Foote
Iveda
(480) 307-8704
[email protected]

Herman Chin
for ProphetStor Data Services, Inc.
(408) 508-6255 ext. 702
[email protected] 

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