MONTREAL, Canada: ImmerVision, the inventor of the 360-degree panomorph lens and worldwide expert in immersive optical technology, announced today that it has signed an agreement with Vivotek, a Taiwanese camera manufacturer, to officially settle a recent legal dispute.

This signed agreement confirms that Vivotek will adopt the Immervision Enables 360-degree video standard in the development of future 360-degree video products. These new panomorph cameras from Vivotek will be duly certified ImmerVision Enables so customers will benefit from the standard’s leading performance which provides undistorted, blind-spot-free views, heighten situational awareness and the ability to simply pair cameras with a growing list of compatible and certified video management systems.

“We understand that ImmerVision Enables panomorph lenses offer superior 360-degree technology compared to other options like fisheye, and so we are pleased to leverage ImmerVision’s leading standard to develop new cutting-edge 360-degree devices,” said Steve Ma, Executive Vice President at Vivotek.

“We are very happy to have signed an agreement with Vivotek. The company shows tremendous respect for an organization’s intellectual property,” said Alessandro Gasparini, CCO at ImmerVision. “We look forward to a promising collaboration on more panomorph opportunities.”

About Vivotek

VIVOTEK INC., established in Taiwan in 2000, has quickly grown into a prestigious leading manufacturer in the network video surveillance industry. In 2006, VIVOTEK (TAIEX: 3454) was listed on the Taiwan Stock Exchange. VIVOTEK spun off its SoC division into a wholly-owned subsidiary in 2007, namely VATICS, which focuses on multimedia SoC development and sales. To keep pace with rapid sales growth, it established a US subsidiary in California in 2008 to offer sales, support and service.