Iveda Solutions Expands Sales Team
MESA, AZ, Nov 27, 2012 (MARKETWIRE via COMTEX) --
Iveda Solutions (OTCBB: IVDA), the pioneer in cloud-based video
surveillance services, announced the addition of three proven leaders
to its sales team.
Richard Gibson, Senior Vice President of Global Sales, expressed
delight that Jeff Palma and Jeff Benintendi have joined Iveda
Solutions as Channel Sales Managers and Eric Paffenroth as Strategic
"With this high-quality trio on board, in collaboration with National
Sales Manager Megan Uhl, we now have the team in place to assist our
reps and grow our sales in the U.S.," Gibson said.
In June, Iveda Solutions announced its transition from direct to
indirect sales channel. Since then, the Company has engaged with nine
independent manufacturer representative firms to cover forty two
states plus the Caribbean. Each rep firm has a team of integrators
selling a variety of security products and services. Rep firms and
integrators get a share of Iveda Solutions' recurring monthly revenue
"We have been developing and rolling out cloud video surveillance
products and services and perfecting our secure delivery
infrastructure. We now have the right people and indirect sales
channel coming together to put those products and services to work
for a growing array of customers," Gibson added.
Jeff Palma is a 20-year technology industry veteran with experience
building and managing indirect national sales channels, primarily in
the storage hardware and media arena. Palma will manage rep firms in
Jeff Benintendi has two decades of experience building and managing
indirect national and international sales channels, primarily in the
communications and business intelligence arena. Benintendi will
manage rep firms in the east coast, while vetting rep firms to cover
the southeastern states.
Company veteran Meghan Uhl, National Sales Manager, provides a
breadth of experience with 25 years in the security industry as an
independent representative and integrator. Uhl will manage rep firms
in the west coast.
Eric Paffenroth has 20 years of successful experience searching out
and closing large opportunities and developing strategic partnerships
in the security and technology industry. Paffenroth is a security
industry veteran, having worked for Pelco, Ingersoll Rand Security
Technologies, Netversant, and Johnson Controls. Paffenroth will
primarily cover the west coast pursuing and managing large enterprise
accounts and partners.
Iveda Solutions is looking for another Strategic Sales Manager to
cover the east coast.
Ray Palomaa, VP of Channel Development, another security industry
veteran and Aaron Hayes, National Project Manager, completes Iveda
Solutions' sales team. Palomaa is responsible for developing and
implementing training and marketing programs. Hayes supports the
sales team on deployment projects as well as responsible for the
Company's sales efforts in Mexico.
"With the rep/integrator network and expanded sales team, we now have
the requisite feet-on-the street that will proactively solicit sales
in their respective territories. Face time and live demo with
potential customers are necessary in order for them to fully
appreciate the value of cloud video surveillance services," said
David Ly, President and CEO of Iveda Solutions.
About Iveda Solutions
Iveda Solutions, Inc. (OTCBB: IVDA) is a premier online surveillance
technology innovator and an enterprise-class Video Surveillance as a
Service (VSaaS) provider. Based in Mesa, AZ, with a subsidiary in
Taiwan (MEGAsys), Iveda Solutions has a SAFETY Act Designation by the
Department of Homeland Security as a Qualified Anti-Terrorism
Technology provider. For more information call 800-385-8618 or visit
This news release contains forward-looking statements. Actual results
could vary materially from those expected. Iveda Solutions' business
is subject to significant risks and uncertainties discussed more
thoroughly in Iveda Solutions' SEC filings, including but not limited
to, its report on Form 10-K for the year ended December 31, 2011 and
subsequently filed quarterly reports on Form 10-Q. All
forward-looking statements made herein are qualified by such risk
factors. Iveda Solutions undertakes no obligation to publicly release
the result of any revisions to these forward-looking statements,
which may be made to reflect events or circumstances after the date
hereof or to reflect the occurrence of unanticipated events.
Luz A. Berg
COO & CMO
SOURCE: Iveda Solutions
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