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DGB Digital Barrier

16.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
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 European Framework Contract with G4S

13/04/2017 7:00am

RNS Non-Regulatory


TIDMDGB

Digital Barriers plc

13 April 2017

RNS REACH

13 April 2017

Digital Barriers plc

("Digital Barriers" or the "Group")

European Framework Contract with G4S

G4S to market and sell ThruVis solutions across 19 countries in continental Europe

Digital Barriers (AIM: DGB), the specialist provider of visually intelligent solutions to the global surveillance, security and safety markets, is pleased to announce that it has secured a framework contract with G4S, one of the world's largest security companies, for its ThruVis people screening technology. This framework contract, one of several that were in the final stages of negotiation at the time of the Group's trading update on 24 March, will see G4S market, sell and support ThruVis throughout their operations in continental Europe, covering nineteen different countries. There is also the potential to include other technologies from the Group.

ThruVis is a unique solution, and delivers a level of performance, flexibility and capability that cannot be matched by any other technology in the world. It detects all types of items concealed under clothing, including non-metallics like explosives and ceramic knives, at stand-off distances of up to ten metres. It is mobile, rapidly deployable, and operates without compromising people throughput, safety or privacy. It is also operationally ready for use, as confirmed by the US Transportation Security Administration (TSA) who has already conducted successful deployments in preparation for a wider rollout. At the recent UK Government Security & Policing event in Farnborough, ThruVis was part of an official high throughput screening demonstration operated by G4S, where the technology successfully and uniquely achieved a screening rate of up to 1,000 people per hour at peak times - estimated to be more than five times faster than traditional security lanes.

ThruVis can also now be deployed alongside the Group's SmartVis Face solution, to raise immediate alarms when concealed threats or people who may present a security risk enter protected locations. SmartVis Face has been designed to deliver high-throughput, standoff screening against known watch lists, and was also successfully showcased at the UK Government Security & Policing event to government security and defence delegations from around the world.

Zak Doffman, CEO of Digital Barriers, said:

"In recent weeks we have announced that the US Transportation Security Administration and now G4S have both backed ThruVis as a game-changing technology that meets a pressing security need without disrupting people flow or detracting from public or traveller experience. The addressable market for this solution is now being measured in many thousands of units over the coming years, which will deliver a very significant payback on the ten years of development and investment that has resulted in this unique technology."

For further information, please contact:

 
 Digital Barriers plc             Tel: 0203 553 5888 
 Zak Doffman, Chief Executive 
  Officer 
 Sharon Cooper, Chief Financial 
  Officer 
 
 Investec Investment Banking      Tel: 020 7597 5970 
 Andrew Pinder/ Dominic 
  Emery /Patrick Robb 
 
 
 FTI Consulting                   Tel: 020 3727 1000 
 Edward Bridges/ Matt Dixon/ 
  Harry Staight 
 
 

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

April 13, 2017 02:00 ET (06:00 GMT)

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