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Walter Candelu Joins SAFR From RealNetworks As Area Vice President For The Middle East

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RealNetworks, Inc. (NASDAQ: RNWK) has appointed Walter Candelu as Area Vice President for the Middle East to enhance its SAFR® facial recognition platform presence. Based in Dubai, Candelu will expand sales, business development, and partner networks in a region projected to grow its video surveillance market by 17% annually. Jose Larrucea, SVP of International Sales, highlights that Candelu's experience in the security industry positions him well to leverage AI for infrastructure investment. SAFR aims to transform physical security through advanced visual intelligence solutions.

Positive
  • Appointment of Walter Candelu as Area VP to drive SAFR's sales and business development in the Middle East.
  • Targeted growth of 17% annually in the Middle East video surveillance market.
  • Candelu's expertise in the security industry can enhance SAFR's market position.
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SEATTLE, July 08, 2020 (GLOBE NEWSWIRE) -- SAFR® from RealNetworks, Inc. (NASDAQ: RNWK), the world’s premier facial recognition and computer vision platform for live video, today announced the addition of Walter Candelu as Area Vice President for the Middle East. Mr. Candelu brings experience and leadership to the new SAFR office in Dubai. He will drive its growing sales and business development initiatives across the Middle East Region. 

Mr. Candelu will be based in Dubai, UAE and will focus on expanding the SAFR reseller channel, partner network, and regional sales and marketing programs. Prior to joining SAFR, he held senior positions with leading security companies where he successfully drove the exponential growth of their technical capabilities and revenue. Most recently he was the Head of Sales and Business Development for G4S with a successful track record of large-scale deployments for security operations and infrastructure.

“Walter’s knowledge of the security and loss prevention industry across the Middle East combined with his engineering background makes him a great fit for our team,” said Jose Larrucea, Senior Vice president of International Sales for RealNetworks. “The Middle East video surveillance market is set to grow 17% per year with over 50 million cameras installed by the end of 2021. Walter is uniquely qualified to help security professionals use AI to capitalize on their infrastructure investment.”

“The physical security is undergoing a major transformation with advancements in visual intelligence,” Candelu said. “SAFR is leading the pack with the best computer vision platform for mission-critical applications. I am excited to join RealNetworks at this time of transformation and I look forward to making SAFR the AI platform of choice among security leaders.”

About SAFR 
SAFR (www.safr.com) is the world’s foremost facial recognition platform for live video intelligence. It taps the power of AI to help the world get back to work. Whether it’s used for occupancy counting, face mask detection, or touchless entry control, SAFR can be deployed on premises, in the cloud, or with a VMS. SAFR enhances security, heightens situational awareness, and delivers insights that improve operational efficiency and protect the health and safety of people everywhere. 

For more information please contact: 
Keith Zentner
public_relations@realnetworks.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/48b39b2c-b4ff-4153-adbd-56a108f1a9fe


FAQ

Who is Walter Candelu and what is his role at RealNetworks?

Walter Candelu has been appointed Area Vice President for the Middle East at RealNetworks, focusing on expanding the SAFR facial recognition platform.

What is the expected growth of the video surveillance market in the Middle East?

The video surveillance market in the Middle East is projected to grow by 17% per year.

What is SAFR and how does it relate to RealNetworks?

SAFR is a facial recognition and computer vision platform from RealNetworks, designed for live video intelligence.

What are the responsibilities of the new Area VP for the Middle East?

The new Area VP will focus on expanding SAFR's reseller channel, partner network, and regional sales and marketing initiatives.

How does SAFR enhance security and operational efficiency?

SAFR enhances security through AI-driven solutions for occupancy counting, face mask detection, and touchless entry control.

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