BWI: Silvan to Unveil their New Logo

Press release from Business Wire India
Source: Silvan Innovation Labs
Tuesday, November 16, 2010 05:15 PM IST (11:45 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Household & personal care products & services, Information technology, Media & entertainment; Technology
--------------------------------------------------
Silvan to Unveil their New Logo
Turnover to increase by 10 crores next year

Bangalore, Karnataka, India, Tuesday, November 16, 2010 -- (Business Wire India) -- Silvan Innovation Labs, A leading IP (Internet Protocol) Video Security and Home Automation Product Company, today unveiled their new logo at a press conference while announcing their investment and strategic growth plans. With the corporate office in Bangalore, Silvan aims to set up offices in New Delhi, Kolkata & Mumbai in the coming months.

The concept of the new logo is infinity. The colour blue in the logo represents technology. So the logo implies intelligent technology plus innovation multiplied to the power of infinity.

Silvan Innovations Labs provides solutions for video surveillance systems using high-end embedded video analytics technology. Silvan has developed key technology components that will deliver Intelligent IP-based distributed video surveillance systems which will provide reliable, always-on surveillance even in the presence of unreliable infrastructure like power and network outages. The intelligence achieved through embedded analytics will be a key and significant differentiator for addressing the heightened and enhanced security requirements of the market.

At the launch, Dr. M. Giridhar Krishna, CEO said, "We are on track to achieve a turnover of Rs 2 Crores in 2010-11 and based on the products that we will be delivering to the market in the next quarter; our revenues are expected touch Rs 12 crores in 2011-12. We are also looking at bringing in investment of the order of Rs 10 crores over the next year to grow our business. And expect to achieve revenues of Rs 50 crores by the year 2014-15".

Avinash K Gautam, VP, Security and Automation Business added on the occasion "We have a strong R&D team with skills in Hardware, Software and Systems. We will continue to build our R&D team in Bangalore but will set up Sales, marketing and Support teams in the NCR, Mumbai and Kolkata in the coming months. We will look at setting up an Office in the US at the appropriate time".

Since its incorporation in June 2008, Silvan has been developing key technology components for IP- based video surveillance and home automation systems, keeping in mind the Indian conditions and the needs of the Indian customer. Silvan management shares a common vision to become a premier player in their industry. Their total commitment to offer overall excellence in providing excellent products combined with first-class service has resulted in their bagging many national and international clients. Silvan has also deployed installation of a IP based Video Surveillance System in several gas outlets of a large gas company in Delhi, a large factory in Bangalore, and several retail outlets.

Home Automation has seen tremendous growth in India. Silvan started working on this business with their SMRUN product from April this year. They are now executing large orders to install SMRUN systems in apartment complexes in Chennai, Delhi and Bangalore. The successful installation in all 3 locations means that Silvan is poised for exponential growth in this business.

Silvan Security is our digital eye where we not only manufacture video surveillance and home automation products, but we also possess the capability to integrate the products with the current system. As Silvan believes in customer satisfaction, we provide customised solutions with our rich experience. With Silvan's smart sync technology, stylize your home and make your life more comfortable with our perfect home automation products".

Silvan aims to be the number one Internet Protocol (IP) Video Surveillance OEM supplier in India and eventually supply to the world market

About Silvan Innovation Labs:

Silvan Innovation Labs is a Bangalore based electronic products and solutions Company that specializes in video surveillance, analytics and home automation solutions. The expertise of Silvan Labs comes from the founding members of the company who are the veterans of the technology industry in India. Equipped with extensive experience in building products in the embedded systems domain involving digital signal processing, video, audio and image processing the company provides a host of services to the private and public sector.


CONTACT DETAILS
Shweta Sarkar Ghosh, brand-comm, +91 9740442026, Shweta@brand-comm.com

KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, HOUSEHOLD, IT, MEDIA, TECHNOLOGY

If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.

Submit your press release at http://www.businesswireindia.com