BEIJING, Jan. 5, 2011 /PRNewswire-Asia-FirstCall/ --
Vimicro International Corporation (Nasdaq: VIMC) ("Vimicro") a
leading multimedia semiconductor and solution provider, today
announced that the digital surveillance standard -Surveillance
Video and Audio Coding (SVAC), was officially released from the
Standardization Administration of China on Dec. 31,
2010.
(Logo:
http://photos.prnewswire.com/prnh/20070528/CNM014LOGO)
The new national standard for China was co-founded by Vimicro and the first
Research Institute of Ministry of Public Security, along with
contributions from more than 40 scientific research institutes,
universities and security industry companies. SVAC is the first
technology standard designed to solve the unique needs of the
surveillance industry. It has special significance for the
establishment of China public
security and criminal prevention system. SVAC will be implemented
on May 1, 2011 and be the preferred
protocol in government contracts and available to all suppliers
participating in the surveillance industry.
"We are very pleased to receive the approval of the SVAC
surveillance standard, an important breakthrough for Vimicro," said
John Deng, Chairman and CEO of
Vimicro, "The surveillance market is very huge in China. SVAC will promote the orderly
development of the surveillance industry in China and help drive Vimicro's surveillance
business growth."
About Vimicro International Corporation
Vimicro International Corporation is a leading multimedia
semiconductor and solution provider that designs, develops and
markets mixed-signal semiconductor products and system-level
solutions that enable multimedia capabilities in a variety of
products for the consumer electronics and communications markets.
Vimicro is also expanding business into the surveillance market
with system-level solutions and semiconductor products. Vimicro's
ADSs, each of which represents four ordinary shares, are currently
trading on the NASDAQ Global Market under the ticker symbol
"VIMC."
Public Relations
Contact:
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Haizhen Du
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Phone: +86-10-6894-8888
x8309
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Email: duhaizhen@vimicro.com
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Investor Relations
Contact:
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Jack Guo
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Phone: +86-10-6894-8888
ext. 7379
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Email: jackguo@vimicro.com
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Leanne K.
Sievers
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Phone:
+1-949-224-3874
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Email: lsievers@sheltongroup.com
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SOURCE Vimicro International Corporation