Pixel Velocity Wins Award for New Technology Development of the Year-Product

ANN ARBOR, Mich., April 5, 2016 /PRNewswire/ — The Oil and Gas Awards recognized Pixel Velocity’s product solutions for New Technology Development of the Year-Product at the Northeast Region ceremony on March 30, 2016 in Pittsburgh, PA.

Pixel Velocity® was judged by a panel of over 90 industry leaders, ranging from CEOs to experts. The New Technology Development of the Year recognizes advances in technology in the Oil and Gas Sector. The award focuses on cost savings, streamlining operations, reducing environmental impact and improving health and safety standards. This award highlights Pixel Velocity as an organization that is enabling the market to become increasingly efficient through technological development.

In selecting Pixel Velocity’s Remote Monitoring Solution, Leak Detection System and Event Management Platform, the Oil and Gas Awards Judges stated the following:

“. . . the introduction of technology such as this can really benefit the industry. To automate the survey process and to increase visibility in real time as events occur is invaluable.”

“The implementations of this suite of Pixel Velocity’s products have real benefits to the safety of staff on site and infrastructure. Without requiring human presence at site or monitoring from afar offers real value and assistance.”

“We are honored to win this award and be recognized for our remote monitoring, leak detection system and event management platform,” said Matt Van Haaren, CEO of Pixel Velocity. “Our integrated hardware and software solutions provide real-time data and automation to Oil and Gas companies delivering significant efficiencies in operations, health, safety and environmental processes.”

The annual Oil and Gas Awards recognizes significant achievement in the upstream and midstream sectors, and focus on health & safety, environmental stewardship and corporate social responsibility.

About Pixel Velocity
Pixel Velocity® is a software, sensor and analytics company specializing in industrial automation product solutions. Pixel Velocity’s remote monitoring solution, hydrocarbon leak detection system and event management platform deliver insight in real-time, ensuring reliability, business continuity, and creating safer operating conditions for our customers. Pixel Velocity customers empower their enterprises by leveraging imagery and automating data inputs to manage risk, lower costs and increase precision at a significant ROI, starting with a seamless integration of automated remote visualization and control systems.

Photo – http://photos.prnewswire.com/prnh/20160404/351388

Leak Detection System

Pixel Velocity® Releases Innovative Hydrocarbon Leak Detection System and Event Management Platform

ANN ARBOR, Mich., July 1, 2015 /PRNewswire/ — Pixel Velocity (“Pixel”), an Industrial Internet of Things (IIoT) product technology company specializing in imagery and sensor data analytics, announced today that it has released four new products including a hydrocarbon leak detection system and event management software platform. This product ecosystem of networked software, sensors, devices and analytics enables shortened incident response cycles and enhanced business and operational continuity for critical energy assets and infrastructure.
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Leak Detection System

Pixel Velocity Incorporated Completes $10,000,000 Capital Raise

ANN ARBOR, Mich., Feb. 17, 2015 /PRNewswire/ — Pixel Velocity Incorporated (“Pixel Velocity” or the “Company”), an image processing and data analytic product company that helps provide safety, security and operational continuity solutions to commercial and government facilities of strategic and financial importance, has raised approximately $10,000,000 through the sale of shares of Series B Preferred Stock in a Regulation D private placement. CEO Matthew Van Haaren commented “We are very pleased to have successfully completed our Series B Preferred financing, which not only brings us the capital needed to pursue our business plan, but has also added valuable new skills and perspectives to our Board of Directors. We are excited about the future of Pixel and the opportunities that this new capital has opened up for us.”
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