VSBLTY Partners with Blaize to Develop New AI-Enabled Hybrid Technology for Large-Scale Global Safety and Security Solutions
(TheNewswire)
The joint development will provideAI-based computer vision solutions designed for
the high demands ofchallenging defense and national security environments
Philadelphia, PA – TheNewswire- January 15, 2025 –VSBLTY Groupe
Technologies Corp. (OTCQB: VSBGF) 
VSBY (Frankfurt 5VS)
(“VSBLTY”), a leading software provider of AI-driven security andretail analytics technology, and Blaize Holdings, Inc. (NASDAQ:BZAI), a provider of purpose-built, artificialintelligence (AI)-enabled edge computing solutions , announced they have entered into a joint technologycommercial agreement for the development and deployment of completeAI-enabled safety and security solutions.
The companies have been collaborating on severalcommercial deals that have resulted in a commercial agreement forBlaize to support VSBLTY on the development costs associated withoptimizing VSBLTY software on Blaize silicon. VSBLTY has issued aPurchase Order to Blaize, the fulfillment of which is subject toseveral conditions related to production deployment and performancecriteria.
The agreement includes the establishment of atechnology center to create practical AI architectural hybrid designs.The initial milestone is the successful creation of a Digital Twin Labenvironment demonstrating AI computer vision solutions specificallyfor large-scale safety, security, and defense-based contracts. Thisinitiative is expected to provide deployable solutions today whilemaintaining unique flexibility to adapt to the rapidly evolvinginnovations in the AI landscape over time.
“This is an exciting day forBlaize as we forge ahead with VSBLTY to bring our combined solution tomarket to achieve a significant impact on our ability to drive bothscalability and major cost efficiency in these critically importantsecurity deployments. Our smart cameras will largely be deployedoutdoors and primarily in rugged, far-edge environments needed formunicipal and national security projects that require extensive fielddeployments using thousands of surveillance cameras (in some casesover 25,000),” said Dinakar Munagala, CEO of Blaize. “Our combinedsolution is already considered a key component in several pendingcontracts, including border control programs where far-edge capabilityis crucial.”
“We are extremely honored to beselected as Blaize’s AI computer vision partner to create solutionsthat aide law enforcement and armed forces to better understand andrespond to various incidents and threats,”said Jay Hutton, CEO of VSBLTY. “The exact nature of the analytics andapplication requirements will evolve over time and will requireflexible and scalableunderlying architecture and component technologies making ourcollaboration and co-development partnership critical to the future success of large,long-term security deployments.”
About Blaize
Blaize provides a full-stack programmable processorarchitecture suite and low-code/no-code software platform that enablesAI processing solutions for high-performance computing at thenetwork’s edge and in the data center. Blaize solutions deliverreal-time insights and decision-making capabilities at low powerconsumption, high efficiency, minimal size, and low cost. Blaize hasraised over $330 million from strategic investors such as DENSO,Mercedes-Benz AG, Magna, and Samsung and financial investors such asFranklin Templeton, Temasek, GGV, Bess Ventures, BurTech LP LLC, RizviTraverse, and Ava Investors. Headquartered in El Dorado Hills (CA),Blaize has more than 200 employees worldwide with teams in San Jose(CA) and Cary (NC), and subsidiaries in Hyderabad (India), Leeds andKings Langley (UK), and Abu Dhabi (UAE).
About VSBLTY
Headquartered in Philadelphia, VSBLTY (OTCQB: VSBGF)VSBY (Frankfurt: 5VS) VSBGF (“VSBLTY”) is the world
leader in Artificial Intelligence and real time interpretation of what
a CCTV and other cameras see. By utilizing facial recognition, age and
gender, VSBLTY’s proprietary technology can effectively enhance
retail brand engagement and data analytics measurement through
customized ads on instore digital displays at point of purchase in
real time. This technology has been proven to increase brand sales by
over 25%. The firm is also recognized for its leadership role in the
growing “Store as a Medium” movement that enables brands to reach
customers with paid media ads when and where buying decisions are
being made while producing a new revenue stream for retailers. Most
recently, VSBLTY has been building object recognition software to
identify products by SKU, at the point of checkout, to integrate this
capability into their retail media network offering to retailers and
large CPG brands that lack customer information and transaction data
at the point of sale. Using its proprietary AI software, and the
various data collected using their software, VSBLTY has also developed
a range of security solutions that include not only facial recognition
but weapon recognition utilizing modern surveillance cameras and
legacy CCTV cameras. VSBLTY has the capability to create a proactive
security system rather than a reactive security system, providing
early warning of threats that can save lives. Data collected through
the platform can inform large scale deployments for smart city,
private state and federal municipal security programs including border
control.
Media Contact:
Leo Merle
Blaize
info@blaize.com
MarkRoberts
The Blueshirt Group forBlaize
ir@blaize.com
LindaRosanio
VSBLTY
lrosanio@vsblty.net
Cautionary StatementRegarding Forward Looking Statements
This press release containsforward-looking statements within the meaning of Section 27A of theU.S. Securities Act of 1933, as amended (the “Securities Act”),and Section 21E of the U.S. Securities Exchange Act of 1934, asamended (the “Exchange Act”) that are based on beliefs andassumptions and on information currently available to Blaize,including statements regarding Blaize’s business plans and growthstrategies, market opportunities, commercial agreements and purchaseorders, and financial prospects. In some cases, you can identifyforward-looking statements by the following words: “may,”“will,”“could,” “would,” “should,” “expect,”“intend,”“plan,” “anticipate,”“believe,” “estimate,”“predict,” “project,” “potential,” “continue,” “ongoing,” “target,” “seek” or the negativeor plural of these words, or other similar expressions that arepredictions or indicate future events or prospects, although not allforward-looking statements contain these words. Forward-lookingstatements are predictions, projections and other statements about futureevents that are based on current expectations and assumptions and, asa result, are subject to risks and uncertainties. Many factors couldcause actual future events to differ materially from theforward-looking statements in this document, including but not limitedto: (i) changes in domestic and foreign business, market, financial,political and legal conditions; (ii) the expected benefits of theBusiness Combination are not obtained; (iii) the ability to meet stockexchange listing standards following the consummation of the BusinessCombination; (iv) the risk that the Business Combination disruptscurrent plans and operations of Blaize as a result of the consummationof the Business Combination; (v) failure to realize the anticipatedbenefits of the Business Combination, which may be affected by, amongother things, competition, the ability of the combined company to growand manage growth profitably, maintain relationships with customersand suppliers and retain its management and key employees; (vi) costsrelated to the Business Combination; (vii) changes in applicable lawor regulations; (viii) the outcome of any legal proceedings that maybe instituted against Blaize; (ix) the effects of competition onBlaize’s future business; (x) the ability of the combined company toissue equity or equity-linked securities or obtain debt financing;(xi) the enforceability of Blaize’s intellectual property rights,including its copyrights, patents, trademarks and trade secrets, andthe potential infringement on the intellectual property rights ofothers; (xii) the failure to meet conditions required for payments tobe received under purchase orders; and (xiii) those factors discussedunder the heading “RiskFactors” in thedefinitive proxy statement/prospectus filed on December 6, 2024 byBlaize Holdings, Inc. and other documents filed, or to be filed, byBlaize Holdings, Inc. with the SEC. Nothing in this communicationshould be regarded as a representation by any person that theforward-looking statements set forth herein will be achieved or thatany of the contemplated results of such forward-looking statementswill be achieved. You should not place undue reliance onforward-looking statements, which speak only as of the date they aremade. Blaize does not undertake any duty to update theseforward-looking statements.
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