IDIS Speaks On Completing Costar / Arecont Deal

Executive *******

**** ** *** ***** **** *** original ******* ******* ******** *** ** its *** ********* **** ******, *** the *** ******** ** ***** ******* can ***** *** ** *************. *******, IDIS *** ******'* ********** ***** ** not **** * ***** ************* **** or ****** ******* *****, **** ****** the **** *** ********* *** ****** ago. *** *** ********* ********* **** such ********** ***** ****** ******* ** the ****** ****** ***** *** **** was **** ********** *********.

******, **** *** ****** ***'* **** a *** ****/****** *** *******, *** troubled ******** ************ ************* ** ****.

Acquisition ******** - **** ****** ****** ****** ***** *******

**** ********* ** ***** **** ******* ******* ******,*** ******* ***/*** ******** *** ***** of*******.

** * ****** ***** ************ ************ with ************ ************ * ******* ******** in ***** *******, ********** ** *** **** ************ ***** release**** *** ****** **** "***** [***] growth ****** *** ***** ******** ***** market."

IDIS ******** - ******* ** ~**% * ****

****' **** ******* *** ~$*** ******* USD. ** *******, *** ******* **** ~34% ******** ***** ****, **** ** made $** ******* *** ** *******.

****'* ********* ** *** ***+ ********, IDIS's ***** ***** ********* ******* ***** told ****.

***** **** **** *** ****** *** due ** *** *******'* ***-**-*** *** customized *********:

**** *** **** **** ********** ***** 2019 [*******] *** *****-** ************. *** reason ** *** ****** ******** ** the ****** *** **** **** **********. The **** ** *** **** * product ********, [*** *] ******** ********. We *** ** ******* ********* **** a ******** ******** *** ** ***.

********* ********* [****] ****** *****. ** are ********* ** *** ********, * software *********** *****, *** ** **** been ******* **** ***** **** ******** that *** **** ********** *** **** generate ********** *******.

Costar ******** - ******* ****

******'* ******* ***~$** ******* ** ****, **** *** ******* ********** ** grow ** *** **** *** ***** after * **** **** ********* ******* about **** ***** ***:

Changes ***** *** ***********

****** **** *** ********/********* **** **** will ***** ** *** ************, ***********, and *** *****, ********* ****** ******* and * ******** ***** ********, ******* told ****:

*** ************* **** ** ***** **** distributors, ***********, *** *** *****, ********* that **** ************ ***** ***, *** a ******** ********, **** **** ** the ******, *** ****** *******.

* ***** *** **** **** *** looking *** **** **********. **** ** tell **** ** **** **** ****** significant ********* ** ****** ** ******** to *** **** **** ** **** be ******* *** **** ******* ***** with *** ****** *****. *****'* ***** to ** *greater ******** *** ******* ******* than we've had in the past. [Emphasis Added]

******* **** **** **** ** ******** positive ******** **** ****:

******* ************* *** **** ****. **** liked **** *******.

North ******* ******, ******** *** ***

*** ******* *** **** ** ******* Costar *** ** **** ** *** North ******** ******, ***** *********:

*** ****** ** ******** ****** *** to **** *** ****** ***** ** North *******. **** ** *** ********** is *** ** **** *** ****** [share] **** ******* *** ********** ** what ** ***** ** *** **** efficient *** ** *** **. ***** are *** ***********.

*******, ***** ******** ** **** ** North *******, *** ********* ***** **** neither *** * ****** ****** *** a ****** ********. ******* **** **** that **** ** ***** "******* **" how ** ****** *** ****:

** ******* ** **** ** ***** America, ** ** * *** ****** with **** ** *************. *** ***** is **** *********** **** ******* ******* than ***** ** ** ***** ***** of *** *****. **** [****] *** looking ** *** ** ****** *** grow.

***** ***** **** **** ** ***** in ********** ********* *** ** ***** its "******* ** *** ****** ******" to ***** *******:

****, *************, **** *** ***** ********** right ***. ****'* ******* ** **** to ******* *** ********* ** **** right *** *** *** ********** ** have ***** *** ** *** **** time.

** **** **** ********** ** *** global ******, *** ** *** ***** that ******* ** *** ***** ******** market *******. *** *********** *** ***** on ******* ****** *** ****, **** sides. **, *************, ** *** *** ready [** ***** ****** ****** ** growth **********].

******* ********** ** **** **** *** team ** ****** ********* ** ***** America, *** ***** *** ********** ** still ********, *****'* ******* ******* ** share ** **** *****:

***** *** ******** ************* ***** ** as *** ** **** ***** ** should ****** ** *** **** ***** demands ****** **. **** *** ********** looking ** **** [******* ** ***** America].

** ** *** ** *** ******** table ***** ***, *** ***** *** the ************* **'** ******; **** **** we *** ****** *** *****. * don't **** ** ******* *** *** say **** ***** ** **** ****** by ***%, *** **'** ********** ******* about ********* *** *****.

Sales ******** *** ********, ** ********* *******

**** *** ****** **** *** ********* their ******** ** ********** ***** *** marketing ******* ******, ** ******* *********:

** **** **** ******** *** ** where **'** ********** ******** *** ******** go-to-market. **** ** **** *** *** complete ******** *** *** ***** ***** yet? **. *** * ***** *** that, ** *******, ***** *** *** talking ******.

*** ******** **** ****** "******* ** what ** *** ****" ** *** short ****, *** *** ******** ** the *** ***** ********* **** **** in *** **** *** ******, ******* told ****:

** *** ***** ****, ** **** be ******* ** **** ** *** been. **** *** **** ****** **** Costar *** **** *******. ** ** look * ** ** ****** **** the ****, ******, *** ********* **** start ** *** **** ** ***** benefits.

***** *** ******* ******** *** **** and ****** ** *********** ***** ******, but *** ********** ******** ** * negative ****.

Increased ******* *************

*** **** **** **** **** ******* from *** ******* ******* ***** ************* it **** ** ********** *** ** OEMing *** ******, ******* ****:

**** **** ** ** ****** ****** an *** ******** ** *********. **** launched **** ******* *, * ***** ago, *** ** ****** *** ****** to ******* **** *** **** **** behind *** **** ******* ****** *** a ***** *******. ** ***** *** go **** *** ********* **** ****** had.

*** ***** ******* *********** **** *** out *****, ** ******'* ** [*****]. It ******'* **** **** *** ** Securitas ******* ** *** ****** ************.***** ********(****** **** ******* ********) *** ** a **** *********** ********* ** *** to ******* ****** ***** **********.

IDIS' ***** ** ***-**** ******

**** ***** ****' ****** *** *** shift ** ******** ** ***-**** ****** and ********** *********, ******* *****:

**********, ** **** ******* ******* ** our ******* ****** ****. *** ** 2019, *** ******** *** **** ******* to ***** ** *** ***-**** ******, and ********* ********* ** *********** ***** solutions. ** ***** ***** **** [***] customization ****** ** *** ******** ****.

**** ****'* ***********, *** ******** ***** a **** **** **** ** **** the ***** ** *** ******. *** our *********** *** *** ********* **** we **** **** ******* **, ******** another *********** ************. ** **** **** successful ***** ****, *** *'* ********* those ***** ** ****** ** *** future ** ****.

***** **** ** ******* ** *** they ***** ********* ******** *** * logistics ******** *** **** ***** ***** of ******** ******* ************* *** *** company:

********* * ******** **** *** **** about *** ******; **** ** ******* something ** *** ** **** *** software, **** **** *** **** ****-********.

*** *********, **********, **** *** ***** the ******** ****** **********. *** **** we ***** ** ****, ******** *** damages ********, **** *** ******** ******** the *******, ***** ** ** *** to ***** ** **** ******* *** data. ** ** ******* * ******** to *** ******** ** ** ****** those ******* ** ***** *** *****, and ** *** **** *********** **** the ******* *** *** **** ***********. We ******* ****** ******** *********, **** integrate **** *** ******** *********. ****, brings *********** *********** *** **.

IDIS *** ****** ****** **** ****** *******

***** **** **** **** *** **** ban *** ********* ****** ** ****** on ****' ****** ****** *** *****, more ** ***** ******* *** ********* and **** *********:

**** ******* ** *** ******. ** North *******, *********, *** **** ******** countries, [** ** **** ********* ** have] **** **********. ** *** ***** hand, *** ***** ****** ***** ***'* care **** **** ***** ****.

*******, ******'* ***, ***** **** *** trend ** ***** ****-********* ******** *** not *** **** ****** ****** ****' growth:

*** *********** ****** ** **** *** not ******** ******* ** *** **** requirements. ** *** *** ******* ** that *****. ** *** **** ******* of **** ** *** **** ** offer ** *** ***********.

******* ****, ****-****** ***** **** **** a *********** **** ** ****' ******, as ****** **** ***** **** ***** and *********, **** ******* ****'* ****** domestic **********, ******.

******** ****** **** ** ****, ** ***** ** ** **** competitively *****-******* *********** *** *****-******* *******.

IDIS's ******** ** ********** *******

**** **** *** **** * *** brand ******** ** *** ** *** has ****** **** ******* ******* ***/*** in ***** *******. *** ******* **** IPVM **** *** ***** ******** ******** makes ** ~**% ** *** ******** sales *** **** *** ******** *** domestic *.*. ******** ******* *********.

***** **** **** **** ****'* ***** American *********** *** **** ***** ************, but *** **** ** ***** ****** in ***** *** *****, ***** ** sells ******* *** ***** ****:

** *** **** ****** ** *** record ***** *** *****. *** **** is ******* **** ****. *** ****, the ****** **** ** **** ****. The ********* **** **** ********** ******* of **** ** *** ****** ** geopolitical **********, *** ** *** **** steady. *** ***** ******* *** *** up. ** *****'* **** *******, [** has ****] ***** ***********.

***** ******* ********** ****'* ****** ** Japan *** **** ** ** ************ business ********* ** **** ******:

** **** * ****** ****** ******** in *****, **** * **** **%+ over *** **** **** *****. **** has *********** * ****** ****** ** Japan ***** ** ************ *** ******** expansion ** *** ******.

IDIS's ***/*** ********

****' ******** ** ************* **% ** branded ***** *** **% ** ***/***, Jeong **** ****.

****** *** **** *** ** ****' biggest ***/*** ******* ** ***** *******. Import ******* **** **** **** *** shipped **** **** ***,*** ** ** video ************ ******** ** ******, *** company's ****** ******* *********:

*** ****** ******* ** ****** ** more **** **** ***** ** **** as *** ****** ******* ** **** America ** *** **** ****:

Arecont ***** *** ***** **** ***, *** ****** *******

***** ******'* **** ***** ************ ******* has *** **** ******* ** ******* IDIS' ********, ******* **** ****** ** independent ***** *** **** ***** ** available ***** *** ****, ******* **** IPVM:

** **** ******** ** ** ******* with *** ****** ******. ***** *** we **** *******, *** ************, *** certain ************* **** *** **** *** fostered *****. **'** ******** ** ******** those.

** *** ** *** *** **** is **** ******* ******* **** ****, the ******** ** [******'*] ******* ****'* sold *** ******** **** ******* ******* IDIS *******. [*****] **** **** *** costar ***** *******.

** *** ***** ** *********** ***** whether ** ** ******* ****** [**] do ** *** **'* ****** ** IDIS. ** ** **** ** ******** to *** *** ******* **** *** brand.

**** ******** ****** ** ******* *** relationship **** ***** ******** ************* ********, including *******, ******* ****:

** *** ********* ****** * *** of ***** ***********. *********, ** **** support *** ******** ********* *** *********. One ** *** **** ****** ***** dealing **** **** *** **** **** that *** **** ** *** ******** that *********** ******** *** **, **** wants ** ** ******** ***** *************. We'll ***** ** **** ** ******* the ******* **'** ********* *****.

****** *** *** ******* ** *****/********** for *******, ******* *****:

*** ** ***** *** * *** of *********** ***** *** ** *** we [***] ** **** [******* **** Arecont]. *** ** * ***'* ************ say: "** ***, **'** ***** ** completely ********* ******* *** *** ** back ** ***** ** ***."

**** *** **** **** ** *** discussion, *** ****'* ********* **** ** would **** ** **** ***** ** the ******, * ***** *** ** months **** *** ****.

******* **** **** ** ******** ***** feedback ****** *******, *** ****** ** still ******** ******* ** **** *** Arecont ***** ****, ***** ** **** known (** **** *** *** ****) in *** ********:

** *** * *** ** ********. Arecont ** * ********** *****. ***** are ****** ****** *** *** **** of **, ** ***** *** ****** who *** *** ****. ** ** a ***** ***** ****. ** ***, we're ******** *** **** *** **** of *** ****.