| VECTORSIS to Participate in AI EXPO KOREA 2024... Unveiling 'XRTS,' a .. |
From May 1 to 3, VECTORSIS will participate in the 7th International Artificial Intelligence Exhibition (AI EXPO KOREA 2024) at COEX in Samseong-dong, Gangnam, Seoul. This event, Asia's largest single AI exhibition, will showcase the company's XR Twin System (XRTS). CEO Taehoon Kang, a former game and GIS engine developer, created XRTS by integrating digital twin and visual AI technologies into a proprietary "Digital Twin Software Platform." XRTS synthesizes detected moving objects into a digital twin that replicates real spaces, enabling the identification of individuals’ locations and surrounding environments. The system can detect abnormal situations (e.g., intrusions, loitering, falls, trips, and entrapment) in real-time, visualizing people’s movements and the surrounding area through the digital twin. For safety monitoring in private locations like work sites, traditional CCTV footage presents privacy concerns due to direct exposure of individuals' faces and clothing, making it difficult to apply video security solutions. XRTS addresses this issue by replacing people in CCTV footage with skeletal representations, ensuring privacy while still allowing for the detection of incidents and abnormal situations based on human movement.
VECTORSIS applied for a preliminary feasibility review with the Personal Information Protection Commission to address legal privacy regulations for deploying its XRTS solution at work sites. The review passed the committee’s resolution on January 25. A company representative stated, “We expect to reduce safety incidents by installing this intelligent, privacy-preserving video surveillance solution across various industrial sites.”
VECTORSIS, a graduate of SK Telecom’s startup accelerator program, has secured two rounds of investment to develop its groundbreaking solution combining digital twin and AI technologies, completing field trials in 2023.
XRTS is designed to be supplied as an independent application and can also be integrated as a plugin with existing video surveillance systems like VMS, making partnerships possible across various sectors.
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| Patent for "Environmental Monitoring Control System"| Patent No. 10-26.. |
Our company recently obtained a patent for an advanced technology called the “Intelligent Environmental Monitoring and Control System Using Video and Thermal Imaging.” This system detects the ambient temperature around individuals within a building and automatically adjusts heating and cooling facilities accordingly. This patented technology is expected to play a key role in smart building management by maintaining a comfortable indoor environment and maximizing energy efficiency.
The system detects the position and surrounding temperature of individuals through video and thermal imaging modules, analyzing temperatures by area to control HVAC systems automatically. By segmenting the monitoring area, it calculates the average temperature of specific zones where individuals are located and operates control devices to match a set reference temperature, effectively managing indoor conditions.
With this patented technology, we can offer a smart building solution that enables real-time environmental monitoring and automatic control, providing users with a more comfortable and energy-saving experience. Moving forward, we plan to continue developing and innovating technologies to strengthen our competitiveness across various industries. |
| Approval of Preliminary Feasibility Review Decision |
VECTORSIS Inc. recently received a positive decision from the Personal Information Protection Commission regarding its application for a preliminary feasibility review. This review was a crucial process to ensure that VECTORSIS's solution complies with the Personal Information Protection Act.
According to the review, VECTORSIS's product detects only incident scenarios that may occur in industrial facilities by setting "selective monitoring target events" and does not use any personal identification functions, such as facial recognition. Based on these conditions, it was concluded that the solution can be installed without obtaining the consent of data subjects. This outcome confirms that VECTORSIS's solution is safe and reliable from a data privacy perspective, paving the way for broader adoption across various industries.
Moving forward, VECTORSIS plans to continue enhancing industrial safety and efficiency by developing technologies and providing solutions that prioritize data protection. 
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| Certified as a Performance Sharing Company |
On March 4, 2024, VECTORSIS Inc. was certified as a Performance Sharing Company, recognized for its outstanding management practices that enhance profits by fostering collaboration and shared achievements between the company and its employees. This certification reflects VECTORSIS's commitment to fairly assessing employee contributions and creating a positive corporate culture that values shared success, marking an important milestone toward sustainable growth.
In particular, VECTORSIS offers stock options to incentivize long-term retention of top employees and provides opportunities for staff to actively contribute to the company’s growth. Through this approach, VECTORSIS is building a structure for mutual growth between the company and its employees, with plans to continue generating innovative results. This Performance Sharing Company certification will serve as a foundation for strengthening VECTORSIS's employee-centered management approach for sustainable development. |
| The system for "Selective Recording of Security Areas Only from CCTV".. |
 The Personal Information Protection Commission (PIPC) announced on the 25th that it held a general meeting on the 24th to approve compliance measures with the Personal Information Protection Act for two applications submitted for preliminary feasibility review.
The preliminary feasibility review system allows businesses planning to develop new services to establish compliance measures for the Personal Information Protection Act in advance with the PIPC. If these measures are properly applied and no circumstances change, the business can be exempted from administrative penalties.
The system aims to proactively ensure compliance with the Personal Information Protection Act in a diversified data processing environment in the digital and data economy era, encouraging safe data use.
The first approved case involves VECTORSIS, a developer of a system that selectively records footage from video surveillance devices (CCTVs) using artificial intelligence (AI). VECTORSIS applied for the preliminary feasibility review to resolve legal uncertainties for commercializing its system. The PIPC confirmed that this system only records footage related to security incidents, such as industrial accidents (e.g., falls) or intrusions into restricted areas.
The PIPC determined that, as long as the system records only incident scenes, blurs individuals on surveillance screens, and transparently discloses operating policies, it can operate without obtaining data subject consent.
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| Selected as a 2024 Data Voucher Supplier |
VECTORSIS Inc. has once again proven its capabilities in the data field by being selected as a supplier in the Data Voucher Program, organized by the Korea Data Agency. This program supports companies in obtaining necessary data and processing services from designated suppliers, promoting innovation across industries through enhanced data utilization.
As a registered AI-based data processing specialist in this program, VECTORSIS plans to offer tailored data processing services to client companies. By providing high-quality data efficiently through AI processing technology, VECTORSIS aims to maximize data utilization across various industries and boost companies' competitiveness. Moving forward, VECTORSIS will continue to lead digital innovation and contribute to the advancement of the data industry, leveraging its expertise in data processing. |
