In last trading session, the stock price of FORCE PROTECTION V USD0.0001 (OTCMKTS:FPVD) jumped more than 10% to close the day at $0.0420. The gains came at a share volume of 963,479 compared to average share volume of 800,686.
The buzz
Force Protection, which offers HD body camera accessories and systems for law enforcement agenices, reported that it has entered in a deal with VeriPic Inc, a world pioneer since 1998 in operating Law Enforcement videos, digital assets and digital photos to join forces to commercialize their complementary offerings.
VeriPic is a main supplier firm of enterprise photo and evidence administration software to different Law Enforcement entities, including corporate clients, and military and Medical Institutions. Its products manage evidences in numerous criminal cases across the country. The company has multiple patents registered for its evidence management software.
The expert speaks
Paul Feldman, the CEO of Force Protection, said that the existing model the LE10 camera and the upcoming release LE50 will work on VeriPic Evidence Management Software. The company has been aiming the smaller police departments with the LE 10 camera. Now with the launch of the new model and the advanced Evidence management software, Force Protection Video can target the larger departments across the United States.
VeriPic® systems stores audio files, digital video files and digital photos on equipment, under agency supervision. An SQL database keeps all information safe from unauthorized access or deletions. The entities can implement access permissions on numerous users to enable employees’ access depending on a required basis.
The product
The LE10 comes in the list of a small bodyworn HD camera, which is almost half the price and half the size of majorly used law enforcement cameras available in the market. It boasts several features such as audio recording, still picture ability 8MP, 4x zoom and WIFI.The LE10 is compatible with video software management.
