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DGB Digital Barrier

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Share Name Share Symbol Market Type Share ISIN Share Description
Digital Barrier LSE:DGB London Ordinary Share GB00B627R876 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 16.00 15.75 16.25 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Digital Barriers plc $2.1m ThruVis Contract Award in Middle East (1690S)

19/12/2016 7:00am

UK Regulatory


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RNS Number : 1690S

Digital Barriers plc

19 December 2016

19 December 2016

Digital Barriers plc

("Digital Barriers" or the "Group")

$2.1m ThruVis Contract Award in Middle East

Digital Barriers plc (the "Group"), the specialist provider of visually intelligent solutions to the global surveillance, security and safety markets, is pleased to announce that it has secured a $2.1 million contract for its unique ThruVis standoff threat detection camera. ThruVis delivers a level of performance and real world usability unlike any other solution on the market. It can be deployed in various settings, including transport terminals, stadia and event venues, to identify potential threats in real time without disrupting crowd throughput. In recent independent government testing, it proved 100 per cent successful in identifying suicide vests and weapons concealed under clothing.

In multiple trials and real-world deployments, ThruVis has been proven to be materially more effective than any other solution of its kind. No other technology can match its detection rates or its throughput. The solution also includes automatic threat detection to remove the need for manual camera operation. ThruVis can detect metal or plastic weapons, explosives, liquids, drugs and currency. ThruVis is portable, requires no infrastructure, and can be set up in minutes; unlike other technologies it is also completely passive, and is entirely safe to use, as well as being non-invasive, revealing no sensitive anatomical details.

This contract, for delivery in full this financial year, is the first award under a recently secured multiyear agreement that will see the supply of a large number of ThruVis cameras to help protect secure locations and crowded public spaces from the threat of terrorist attack.

Zak Doffman, Chief Executive Officer of Digital Barriers commented:

"Coming so quickly after our first contract award from the US Transportation Security Administration and our announced collaboration with G4S, this seminal Middle East multiyear agreement and initial contract further illustrates the potential for ThruVis to completely change our ability to protect so-called soft targets from terrorist attack. Now for the first time, after ten years and tens of millions of dollars in public and private investment, we can genuinely detect concealed weapons and explosives being carried into crowded public spaces, onto transport networks, or into airports. No other technology anywhere in the world can match ThruVis for performance and usability, as has been categorically proven in recent independent government testing."

 
 For further information 
  please contact: 
 
 Digital Barriers plc              +44 (0)20 3553 5888 
 Zak Doffman, Chief Executive 
  Officer 
 Sharon Cooper, Chief Financial 
  Officer 
 
 Investec Investment Banking 
  (NOMAD & Broker)                 +44 (0)20 7597 5970 
 Andrew Pinder / Dominic 
  Emery / Patrick Robb 
 
 FTI Consulting LLP                +44 (0)20 3727 1000 
 Edward Bridges / Matt Dixon 
 

About Digital Barriers:

Digital Barriers provides visually intelligent solutions to the global surveillance, security and safety markets. We deliver zero-latency streaming and analysis of secure video and related intelligence over wireless networks, including cellular, satellite, IP mesh and cloud, utilising significantly less bandwidth than standard technologies.

Our rapidly-installed fixed and mobile solutions for covert, remote and wide-area deployments, as well as vehicle and body-worn applications, have been sold into more than fifty countries, and have been proven in some of the world's most demanding operational environments. We also provide advanced video content analysis and body scanning to identify safety concerns and threats in real-time.

www.digitalbarriers.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

December 19, 2016 02:00 ET (07:00 GMT)

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