OrCam Technology Delegation on Visit to Montenegro

By , 04 Jul 2019, 00:39 AM Business
OrCam Technology Delegation on Visit to Montenegro Copyrights: President of Montenegro Media

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02 July 2019 - President of Montenegro Milo Đukanović recently spoke with a delegation of OrCam, one of the most successful start-up companies in Israel in the field of digital technology. The visit came after President Đukanović's recent visit to Tel Aviv, during which he got familiar with the technological achievements of several Israeli companies. Israel's readiness to offer advanced technology to Montenegro was confirmed at that time during talks with Prime Minister Netanyahu.

From the Office of the President of Montenegro, they announced that Đukanović expressed satisfaction with continuing the dialogue with OrCam.

"The most valuable assistance, not only for Montenegro but for the whole region, is precisely to reduce the lagging behind and to realize modern technological advancements," the President said, stressing that Israel's leadership position in this area is an opportunity for successful inter-state cooperation.

He particularly noted the satisfaction that the first step in the cooperation project is for the visually impaired. Through the latest technological advancements to the visually impaired, it will be easier to read and write.

"Recognizing the significance of this project, the state will participate in the project," the Đukanović said.

He also added that, on the track of responsible examples of cooperation, this could be an incentive for other projects that will generate a culture of development based on new technologies.

Director Elad Serfaty expressed appreciation for the reception highly appreciating the president's commitment to projects that help visually impaired people, as well as the willingness of Montenegro to model high-tech projects using Israel’s model. He stressed that Montenegro could be the initiator of such cooperation for other countries of the region, but also other companies from Israel. In this context, they expressed readiness to open a research and development center in Montenegro.

OrCam devices such as OrCam MyEye are portable, artificial vision devices that allow visually impaired people to understand the text and identify objects through audio feedback, describing what they are unable to see.

Reuters described an essential part of how it works as "a wireless smart camera" which, when attached outside eyeglass frames, can read and verbalize text, and also supermarket barcodes. This information is converted to spoken words and entered "into the user’s ear." Face-recognition is also part of OrCam's feature set.

Read more news about business in Montenegro at TMN's dedicated page.

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