Cytta Corp Inks Technology Cooperation Agreement with Megh

New Post Public Reply Private Reply Replies (0) Message Board
Lee Adams Lee Adams #98
288
Cytta Corp Inks Technology Cooperation Agreement with Megh Computing, Inc.

The integration of the technologies will advance the joint marketing capability of the Cytta and Megh video and video analytics solutions for the marketplace.

LAS VEGAS, NV and PORTLAND, OR / ACCESSWIRE / April 24, 2023 /Cytta Corp (OTCQB:CYCA) just made a game-changing announcement: the completion of a Technology Cooperation Agreement with Megh Computing, Inc., developer of the Megh Video Analytics Solution (VAS). This exciting partnership will enable interoperability of the Megh Video Analytics Solutions with the Cytta's IGAN AIMS (Actionable Information Management System) multisource data streaming capability. This will result in a cutting-edge video streaming and AI product suitable for joint sales and marketing into First Responder, Security, and Industrial/Commercial markets worldwide.

The combination of Megh's VAS capability with Cytta Corp's IGAN software engine, provides first responders, law enforcement and all security services with a myriad of benefits, including improved situational awareness and better decision-making in emergency situations. Thanks to AI-powered algorithms, VAS can analyze vast amounts of data from multiple sources, such as surveillance cameras, drones, and other sensors. These features combined with the IGAN engine will provide real-time insights that allow crisis teams to respond proactively.

But that's not all - the marriage of Cytta's technologies with VAS will expedite decision cycles, making it a crucial advantage for first responders and law enforcement. AI combined with IGAN can analyze all video feeds and alert police and SWAT teams about potential threats, suspicious activities, or hidden dangers, allowing them to respond proactively and minimize the risk of harm.

Together, Cytta and Megh plan to work together to develop an advanced video compression and streaming system that contains specific functionality to be integrated into the Megh video analytics solutions. We have also agreed to discuss developing a global partnership for the sales and marketing of all related products from both partners. The proprietary modifications to Cytta products and/or Megh products resulting from this pilot project will revolutionize the way we approach video streaming and connectivity.

Megh Computing CEO PK Gupta stated, "We are excited to work with Cytta Corp and bring Megh's AI-based analytics platform to their impressive suite of video/audio integration software. We believe that combining Cytta's advanced video collaboration and compression capabilities with our high-performance analytics solutions will deliver a unique value proposition to our mutual customers."

Gary Campbell, CEO of Cytta Corp, stated, "We are thrilled to partner with Megh Computing, Inc. to bring our IGAN AIMS technologies together with their market ready Megh Video Analytics Solution. By integrating VAS functionality with our IGAN software, we can provide first responders, security forces and law enforcement with an advanced video streaming and AI capability that can significantly improve situational awareness and decision-making in emergency situations."

This technology combination will integrate advanced artificial intelligence VAS features to analyze critical real-time data from the IGAN, such as video feeds, images, chat, files, messages, location maps and media. This allows the combined IGAN/VAS technologies to analyze, draw inferences, and provide intelligent real-time decision insights across data from all sources connected through IGAN.

In short, this partnership is a game-changer, and we can't wait to see what the future holds for our two innovative companies.

About Megh Computing Inc.

Megh Computing's mission is to provide the best-in-class real-time analytics platform for creating actionable insights from streaming data. Megh was founded in 2017 by a team from Intel that pioneered the use of FPGAs in the data center. Over the past ten years, this team has taken the promise of heterogeneous computing from concept to production. Megh is focused now on providing a real-time, AI-based video analytics solution that can be deployed on any platform using CPUs, GPUs, FPGAs, and SOCs, from edge-to-cloud. Megh's solution automates the use of data from cameras and sensors for real-time, actionable insights in verticals like smart buildings, smart warehouses, and smart cities, creating business value for enterprise customers.

Megh Computing's AI-based streaming analytics platform uses any hardware architecture for edge-to-cloud deployments. Megh Computing was founded on Open Analytics principles. The result is Megh's fully customizable, cross-platform Video Analytics Solution (VAS) offerings: VAS SDK toolkit, VAS Suite, and VAS portal. VAS is powered by Nimble Application Framework, which allows customization across the entire analytics pipeline for use case-specific accuracy. Engineered to seamlessly leverage hardware acceleration for CPU, GPU, and FPGA hardware architectures, the framework makes VAS a truly high-performance, real-time analytics solution. And for highly complex, deep learning AI algorithms, Megh's proprietary Deep Learning Engine (DLE) on FPGAs can improve performance 10x over GPUs. Megh Computing is headquartered in Hillsboro, OR, USA, with development offices in Bangalore, India.

About Cytta Corp.

Cytta Corp (OTCQB:CYCA): has created video/audio integration software with AI connection capability, advanced video compression, and portable/SaaS hardware/software systems that solve real-world problems in large markets. Cytta's IGAN AIMS (Actionable Information Management System) online dashboard integrates all video and audio streams, enabling collaborative interactivity while providing relevant, actionable information on an ongoing basis.

The IGAN Engine is a cloud based SAAS communication network providing a multifunctional tool for sharing real-time video, video/voice calls and chat interaction. The interactive desktop/mobile user interface provides quick visual reference and multiparty collaboration with streaming video, location maps, messages, and communications (video/voice/text). The IGAN Engine collaborative video, voice, chat and media integration tool makes it easy to share and store critical real time data, such as video feeds, images, chat, files, messages, location maps and media. IGAN's complete encrypted cloud accessibility allows access as a web application for desktop and mobile devices, or with native iOS and Android mobile apps, all with end-to-end encryption for all users.

The IGAN AIMS is a practical, valuable, and irreplaceable tool for police, firefighters, first responders, emergency medical workers, industry, environmental and emergencies, security, military, and their command centers in a crisis. It also allows venues such as schools, malls, event venues, and religious locations to be connected and monitor their situation, as well as immediately make their data directly available to law enforcement during emergencies.

For more information, please visit cytta.com and the Corporate Cytta Video Channel on YouTube to view Cytta's recent corporate discussion videos. Learn more at www.cytta.com.

Contact Us:

Cytta Corp

Phone: 855-511-IGAN (4265)

http://www.cytta.com

info@cytta.com

Gary Campbell, CEO

Direct (702) 900-7022 (or message)

Gary@cytta.com

Natalia Sokolova, COO

Direct: (424) 333-0595 (or message)

Natalia@cytta.com

John Bristol VP, Sales

Direct (612) 328-6511(please leave a message)

JBristol@Cytta.com

SOURCE: Cytta Corp.


View source version on accesswire.com:

https://www.accesswire.com/750814/Cytta-Corp-...puting-Inc

Cytta Corp (CYCA) Stock Research Links

CYCA Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Kate Layman's Dual Board Roles Enhance Community Links

Updated Category News Views 4

Marking Milestones Amid Strategic Shifts What a way to celebrate a two-year anniversary! Kate Layman, founder of M.C. Layman, hits this milestone head-on, not just by steering her company into its third year but also by snagging leadership roles in two significant community organizations in Frederick County, Maryland. You know what's rare today? Executives who don't just...

Continue Reading
Actinium Pharma Unveils Plans at Key Investor Conference

Updated Category News Views 2

Actinium Pharmaceuticals Steps into the Spotlight Alright, folks, here we have Actinium Pharmaceuticals, Inc. gearing up to make some noise at the H.C. Wainwright 28th Annual Global Investment Conference. This isn't just any roadshow—it's a chance to showcase the kind of pioneering work they're doing in targeted radiotherapies. With Sandesh Seth, the Chairman, taking...

Continue Reading
Kansas City's Haunts Condense Season to 13 Nights

Updated Category News Views 2

A Scary Short Season Takes Center Stage Hold onto your ghost hats, folks! The Kansas City haunt legends are shaking things up with a shorter scare season. This October, the infamous Edge of Hell and The Beast attractions are packing in the frights over just 13 nights, shifting their schedule due to rising September temperatures. Now, ain't that something? For their 52nd...

Continue Reading
S&P 500 Shuffle: Bloom, Illumina, Everpure Join Frenzy

Updated Category News Views 5

Index Shuffles Stir Market Pot Changes are afoot, folks, with the movers and shakers of the market indices stepping into the spotlight. A lot is brewing with S&P Dow Jones Indices making significant switches effective September 21, 2026—right before trading heats up. You better believe it's affecting more than a couple of tickers. Who's In and Who's Out? If you’ve...

Continue Reading
Tuya Smart's AI Innovations Steal the Spotlight at IFA

Updated Category News Views 1

AI Taking Center Stage at IFA 2026 Amidst the chaos of tech exhibitions, something caught my attention—Tuya Smart's push in making AI a household name. Now, you might wonder why I’m bringing this up. Well, because it's not your typical flashy gadget talk. This is about Tuya parading their latest breakthroughs like a peacock at the world's stage, IFA 2026 in Berlin,...

Continue Reading
China Hour Expands Chinese Media Footprint in Africa

Updated Category News Views 2

An Ambitious Cross-Continental Media Play The airwaves are getting a new twist. This time, it's a blend of cultures, as China Hour makes an entrance in South Africa. That's right, folks—Jiangsu Broadcasting Corporation (JSBC) has set up camp alongside the South African Broadcasting Corporation (SABC), pushing a big media wave across the continent. If you've been...

Continue Reading
HKC and KOORUI Shine Bright at 2026 Berlin Awards

Updated Category News Views 3

Display Titans Take Center Stage in Berlin Look, in this game of display tech, you either adapt or get left in the dust. At the 2026 Global Product Technology Innovation Awards in Berlin, we saw two names rise to the top—HKC and its acclaimed brand KOORUI. They didn't just show up; they grabbed the spotlight with two major honors. Award Spotlights: A Breakdown HKC took...

Continue Reading
Hyundai's Revolutionary US Steel Mill Set for 2029 Rollout

Updated Category News Views 2

Hyundai's Major Steel Move: A Multibillion-Dollar Stake The steel industry scene in the U.S. just got a lot hotter with Hyundai's announcement of a $5.8 billion Electric Arc Furnace-based integrated steel mill in Louisiana. This game-changing project isn’t just a headline; it’s a concrete step towards beefing up the U.S. manufacturing backbone. Talk about...

Continue Reading
Why Buyers Are Flocking to Whidbey Island Homes

Updated Category News Views 0

Something's got folks eyeing Whidbey Island like a gambler with a hot tip—and it ain't just the thrill of a vacation spot. Anyone with half a brain knows real estate moves in waves, and right now, Whidbey Island's caught some serious momentum. You can't ignore the pull of natural beauty, access to city life, and that laid-back vibe that seems to whisper "slow down and...

Continue Reading
ToolDance X1 CNC Mill Unveils at IFA 2026

Updated Category News Views 1

IFA 2026 Reveals a Game Changer: ToolDance X1 Listen up, because ToolDance just threw a curveball into the CNC world with the launch of their X1 Smart Desktop CNC Mill at the IFA 2026 in Berlin. This isn't just another gadget—it's a real player aiming to bring manufacturing muscle right to your desktop. Will Wang, the genius behind ToolDance, wants to democratize CNC...

Continue Reading

Top 5 Most Recently Viewed Articles

Varonis Systems, Inc. Faces Class Action Lawsuit Over Losses

Updated Category News Views 135

Varonis Systems, Inc. Class Action Lawsuit Overview Investors of Varonis Systems, Inc. (NASDAQ: VRNS) are being presented with an opportunity to potentially lead a class action lawsuit. This legal action arises from substantial financial losses reported by investors who acquired Varonis stock during a defined class period. The implications of this lawsuit could impact...

Continue Reading
Fuel Tech Secures $2 Million in New Air Pollution Contracts

Updated Category News Views 27

Fuel Tech Wins Major Air Pollution Control Orders Fuel Tech, Inc. (NASDAQ: FTEK), a renowned technology company specializing in advanced engineering solutions for emissions control, has recently announced an impressive acquisition of air pollution control (APC) orders totaling around $2 million. These contracts come from both new and loyal clients, reflecting the...

Continue Reading
Investing in Parker Hannifin: A 15-Year Journey to Growth

Updated Category News Views 92

The Remarkable Growth of Parker Hannifin Parker Hannifin (NYSE: PH) has demonstrated impressive growth over the years, surpassing market expectations. With an annualized excess return of 4.86%, the company has achieved an average return of 16.73% annually over the last 15 years. This consistent performance has led to a current market capitalization of approximately...

Continue Reading
Vince Holding Corp. Insights from C-Suite Interview Series

Updated Category News Views 235

Vince Holding Corp. Engages in C-Suite Interview Series Vince Holding Corp., (NYSE: VNCE) is thrilled to announce its participation in an insightful series organized by Noble Capital Markets, specifically designed for C-Suite executives. This kind of engagement shines a light on the company's strategies and visions for the future. Key Players in the Interview During this...

Continue Reading
Elea Data Centers Secures Major Contract with Petrobras

Updated Category News Views 454

Elea Data Centers Awarded Landmark Contract Elea Data Centers, recognized as a leader in sustainable IT infrastructure, has achieved a remarkable milestone by securing a significant contract with Petrobras, one of the world's top oil and gas companies. This landmark agreement, valued at R$2.3 billion (approximately US$0.5 billion), marks a groundbreaking shift in the data...

Continue Reading