In a news release, VSBLTY Groupe Technologies Corp. (VSBY:CSE; VSBGF:OTC; 5VS:FSE) announced that with RadarApp it is testing crowd temperature scanning as a method of identifying people potentially at risk for COVID-19 and, thus, reducing disease spread.
VSBLTY is a retail software and technology company, and RadarApp provides solutions for smart cities. The two companies are deploying thousands of VSBLTY-powered security kits in Mexico City as the first phase of the smart city, intelligent camera network program called RADAR. The system encompasses real-time camera technology that can monitor health and security personnel, without contact and via a mobile app.
One major objective of the testing is to develop an efficient temperature screening tool to be used to monitor public spaces, perhaps even buses and other mass transportation modes, in conjunction with precautionary scanning of people entering facilities such as schools, hospitals, restaurants, bars and the like.
The two entities launched the testing at the request of Mexico City officials "who are investing in the safety kits and integrated security program that is already proving successful in reducing crime," the release noted.
RadarApp Co-founder and CEO Rodrigo Calderon commented, "Temperature sensing camera capability is an important addition to the overall RADAR solution as it applies directly to the population we serve and the government authorities that are driving the deployment."
VSBLTY Co-founder and CEO Jay Hutton said, "It is hoped that the perfection and deployment of this technology will serve as a public screening tool to help identify individuals who may be a potential risk of spreading disease and assist in accelerating the safe return to normality we are all desperately seeking."[NLINSERT]
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. Within the last six months, an affiliate of Streetwise Reports identified the following companies mentioned in this article as conducting private placements of its securities: VSBLTY Group Technologies.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own shares of VSBLTY Groupe Technologies, a company mentioned in this article.