Eutecus, Inc was established in 2002 by Laszlo (Les) Belady, a veteran senior executive in Research and Development, experienced in bringing new products and technology to market. Les held senior positions at IBM (Thomas Watson Research Center, Corporate HQ in Armonk and the Tokyo Research Laboratory), Mitsubishi Electric (Chairman and CEO American R and D and a Member of the Mitsubishi Electric America Board of Directors), the Microelectronics and Computer Technology Corporation (MCC), and the Austin Software Council.

Since 2003, Eutecus has been awarded a number of Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants for the Missile Defense Agency (MDA), the Office of Naval Research (ONR) and the National Aeronautics and Space Agency (NASA/JPL).

Commercialization of the technology is actively underway in a number of areas where ultra high-speed real-time processing is a required technology component. These include intelligent security and surveillance applications as well as multiple military target acquisition, tracking and guidance scenarios.

Eutecus' products include the Multi-core Video Analytics Engine (MVE™), and a family of high-speed cameras and VA modules (the award-winning Bi-i), enabling software libraries for rapid application prototyping (InstantVision) and applications development / consulting.

The Cellular Visual Technology (CVT), developed by Eutecus, is based on cellular nonlinear network (CNN) type architectures that have been the main research subject of the founding scientists. The computational power that can be achieved using CVT is in the TeraOPS range (equivalent to 12th decimal order of digital operations per second) in vision processing applications. So far only supercomputers could compute at such high speeds.

CVT combines a universally applicable software platform – the Instant Vision ISE - with reconfigurable hardware: a sensor platform and a modular control platform that can be easily customized to meet the needs of different applications (Bi-i intelligent cameras).

Eutecus develops and sells CVT-based hardware, software, or licenses for use of the technology; and can either supply or help develop the entire hardware-software environment of a specific high-speed application. Briefly, Eutecus can act as supplier, consultant, or custom developer of products that require the advantages of the programmable, real time, extremely high speed, bio-inspired vision processing systems in a number of applications areas.