VeriCorder Technology Inc.
The media industry is going through a period of radical change. Newspaper and broadcast companies are consolidating, as their markets fragment under the onslaught of new, internet-based competitors. Indeed News Corp recently said that print journalism would be dead in 20 years! That’s where VeriCorder comes in. We turn an iPhone into a professional quality video camera, with a simple to use APP for editing content and a backend system for transcoding and posting to publishing system or website; ideal for capturing the breaking news story or the winning goal for a local sports team. VeriCorder (VCT) competes in the $50B online publishing space and specifically within the news gathering addressable market of just under $1B. We provide hardware kits and software under a SAAS model, which turn an iOS device into a professional-quality video recorder and editor that transcodes and transmit the result for simple posting to the web or newsroom. Shoot, edit and post from the field, all in real time!