RE:RE:RE:RE:Card access and video integration announcement Magic. it’s a very cluttered market and frankly one that with the exclusion of video integration hasn't seen too much innovation in 25 years. without boring anyone, card access systems ( brains that control door functions) are very simple. locking, unlocking doors on schedule and by card holders. That’s it. past 15 years you see network and now the cloud coming into play but big deal! Nothing complicated or innovative about that. Every card access manufacturer does the same basic things. A little tweak here and there in software, better guard inter action etc. All very subjective and similar to saying you like a blue Escalade over a red Navigator. NOW, video integration has been going on for past 10 plus years as well. nothing new. The only thing of value on the street for end user is better camera images and the ability to use analytics to wake up a guard to an event that is about to occur (loitering) Object left behind ( that bag left outside the back door), facial recognition ( the person of interest) and one that is gaining in stability is the use of facial recognition to open door in lieu of a card. There are some other great advances in how to cut out impact of weather on motion around a fence etc but the key items are the ones just mentioned. AVO could be a good takeover by a large card access manufacturer who for instance already has thousands of systems protecting military bases, Hydro facilities etc. AVO has a snow ball’s chance in hell of penetrating those markets for the simple reason that to rip and replace existing systems AVO’s is no where up to the challenge of handling these large sites) can be in the hundred of millions for a group like the US air force…The relationships between these departments and the vendors is also enormous and very tight. The big card access companies typically like integrating respected video camera manufactures into their system. AXIS, as one of the first respected IP cam companies did an excellent job in getting their product imbedded into a wide range of card access systems. A few years back, AXIS launched their own card access system and based on what I have heard on the trade show floors, it was not very well received by the companies who had integrated their cameras into their card access systems! Why would any established company go out of their way to feed money to a company that is now competing against them. It has its advantages to be open but business is pretty cutthroat and ne doesn’t usually feed your enemy. So I would have preferred AVO focus money and research on video. Make a clear statement to the big card access companies that they will not play in their end of the pool and work to get their product integrated into existing systems. By all means continue to develop cameras and the software that makes them stand out in the crowd but stay away from card access as the real money is in the big systems. I still think they would be a great takeover for a large company like Tyco, Honeywell or G4S ( owns AMAG) Honeywell owns ADI, a large distributer of security equipment. Some good fits, as usual, simply a matter of $$$