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[Boannews] CVT Introduces Full HD Smart Face Recognition Reader in IFSEC 2019


[Boannews] CVT Introduces Full HD Smart Face Recognition Reader in IFSEC 2019

CVT (CEO Woogyun Lee) introduced 'Face A+' which is a smart face recognition reader for access control and time attendance. It is useful to identify children, the disabled and can recognize multiple people at the same time by using wide-angle cameras in full HD quality, which enhanced quality 7 times compared to competitors. The product can be also applied to ATMs and kiosks.




2019-06-17
[Hoban Group] Hoban and CVT marked a beginning of Smart Facial City solution

 


[Hoban Group] Hoban and CVT marked the beginning of Smart Facial City solution



2019-05-29
[Posco IMP] Minister Park Young-sun and POSCO Chairman Choi Jung-woo visited the CVT booth



The 17th POSCO Idea Market Place (IMP) was held at POSCO Center in Daechi-dong, Seoul on Monday.

"Because it is difficult for small and medium businesses to secure sales channels even if they make products based on technical skills, why don't POSCO install CVT's products?" said Park Young-sun, a minister of SMEs and Startups, after visiting booth of face recognition system company, CVT. Chairman Choi responded by saying, "I will talk to the person in charge." and "Mr.ㅁㅁㅁ(Name of the POSCO president in charge), come over."

Through the MOU, POSCO will invest a total of 1 trillion won in "Building the Foundation for Technology and Commercialization" and 800 billion won in venture funds. The MMA plans to actively support fund investment and operation by utilizing its experience in running the fund, which it has accumulated since 2005. Besides this, the government will also cooperate in promoting the venture ecosystem, including mutual exchanges between venture capital and investment companies.


2019-05-22
[Shinhan Bank] Shinhan Financial Group intensively fosters startups with 'Scale-Up' strategy
Shinhan Financial Group (Chairman Cho Yong-byung) announced that they held "Shin Futures Lab 2nd Launch Ceremony" with Financial Services Commission Chairman Choi Jong-ku, Shinhan Financial Group Chairman Cho Yong-byun and executives of the group's companies, and about 300 others attending the event. Of the total 652 support companies, 40 were selected as 5th Shinhan Future's Lab member.

CVT was selected in security sector.



2019-04-11
[Industrial Bank of Korea]IBK Chang-gong Demo Day
[Industrial Bank of Korea]IBK Chang-gong Demo Day

On this day, CVT made presentation about FULL HD face recognition system that does not have a blind spot. It has the advantage of high security because it is convenient and cannot be forged by non-contact recognition method. In addition, it is able to recognize many faces from one device and quickly authenticates people compared to its competitors. Starting from offices, gates, unmanned stores, door locks and ATMs, CVT is planning to expand its application to semiconductors, telecommunication businesses and automotive finance industries this year.


2019-04-03
[Lotte] Lotte invested in CVT and selected CVT as 5th L-Camp member
[Lotte] Lotte invested in CVT and selected CVT as 5th L-Camp member

Lotte Accelerator selected 11 corporations as their 5th L-Camp member and implements accelerating program for 6 months from now.

Corporations selected will be supported initial investment, office area, management supporting, expert mentoring, and follow-up investment. In this 5th L-Camp, 400 startups have applied and 11 has finally selected through a compettetion of 40 to 1.

Including facial recognition solution company, CVT, 11 corporations from various sectors in Artificial Intelligence, ICT, lifestyle, E-commerce, and logistics distribution have selected.

These corporations are going to upgrade their business models through mentors in addition to coaching programs such as growth hacking, IR, and workshops. This July, it is also going to hold a demonstration day for domestic and foreign investors and Lotte Group officials to attract follow-up investment.

2019-01-28
[K-ICT] CVT got 1st prize among 256 companies in 'Start-up Hope Concert'


Korea Enterpreneur Foundation K-ICT Startup Mentoring Center(Head of the center, Byeong-Hee Choi) held 'Start-up Hope Concert'  to mark the fifth anniversary of the establishment of the center at Seong-nam Militopia hotel. This event was supported by Ministry of Science of ICT, and operated by Korea Enterpreneur Foundation.

At the first part of the event was held Demo Day(IR) where Market and growth potential mentee companies made IR pitching to leading companies and investors. In Demo Day, total 8 out of 256 companies who have qualified made 5 minutes of IR presentation and 3 minutes of Q&A time. 4 companies are rewarded at the second part of the event, including two first awards(Minister of Ministry of Science of ICT Award) and two second awards(Chairman of Korea Enterpreneur Foundation Award).

CEO Woo-gyun Lee of CVT, who made the IR on the subject of 'Full HD face recognition system with no blind spots, cloud management and mobile control'  got first award(Minister of Ministry of Science of ICT Award) in Demo Day awards ceremony.

2018-11-21
CVT at Grow With GS×KITA Startup Gathering (GWG×KITA)
[GS Group&KITA]CVT in ‘Grow With GS×KITA Startup Gathering (GWG×KITA)’ 

In 2nd, October, 2018, Korea International Trade Association(KITA) and GS group(GS caltex, GS retail, GS homeshopping, GS global, GS e&c) held ‘Grow With GS×KITA Startup Gathering (GWG×KITA)’ at Coex Seoul.

This event was organized to create a sound startup ecosystem and to spread win-win innovation models between large companies and start-ups. KITA has discovered more than 300 promising startups in the fourth industrial revolution, including artificial intelligence, Internet of Things, and Block Chain, and 150 companies selected through technology and business evaluation did IR pitching(8 companies), exhibition(54 companies), and had technical cooperation and investment consultation with GS Group. Those were done by cooperating with relevant institutions supporting start-ups such as the Small and Medium Venture Business Department, Credit Guarantee Fund, Technology Guarantee Fund, and Korea Venture Capital Association.

Yeong-joo Kim, the chairman of KITA and Chan-su Jeong, CEO of GS group visited CVT’s booth and made questions about their products.



2018-10-02
CVT joins the Industrial Bank of Korea's 1st Incubating Program, Changgong


CVT has been chosen as IBK(Industrial Bank of Korea) Incubating Companies

In 1st, October, 2018, there was an opening of 'IBK Chang-gong Guro 1st member' at the IBK(Industrial Bank of Korea) Guro-dong branch. IBK Chang-gong is a program that supports investment, consulting, and market development to tenant companies to foster innovation · start-up companies.

Out of 306 companies, 20 companies came through 15.3 to one competition and were finally selected as IBK incubating companies, which are in the field of Information ans Communications/Electronics/Cultural Content, etc.

At this opening, CVT, whose main items are 'Smart Home IoT Face Reader' and 'Walk-thru Face Recognition', was selected as one of IBK Incubating Companies.

2018-10-01