software. In response to the possibilities offered by the rising trend of IoT, VIVOTEK aspires to become the Eye in IOT by drawing on its expansive technological capabilities in image and audio. The Company also plans to continue improving its software/hardware R&D capabilities and expanding its already extensive strategic alliances with leading international software and hardware partners. This synergy of independent and cooperative development will maximize potential, achieve high-level system application, technology integration, and more deeply satisfy user demands across vertical markets.