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Digital Barrier Share Discussion Threads
Showing 326 to 349 of 350 messages
|Certainly doing the rounds. In Prague today and tomorrow:
2nd Annual Security and Law
|DGB are exhibiting in DUBAI @11th International Oil & Gas Security Summit 2017 Conference & Exhibition:
Bringing together key industry decision-makers will address the main Cyber and Physical security challenges currently being faced by the oil and gas industries at a global scale.
|Doubled my position. Looks cheap on prospects/sales quality.|
|Market report, Daily Mail,
Surveillance firm Digital Barriers shot up after securing a £5.6 million contract to provide equipment to an unnamed, ‘major’ US federal law enforcement agency.
It follows several smaller contracts awarded to the firm by the US government this month worth £630,000 and brings its total contracted sales for the current financial year to £15 million.
Digital’s shares rose by 1.7 per cent, or 0.5p, to 30p.|
|Excellent news. For a non-American "outsider" to get US gov't contracts like this leads me to think there's no real competition, at least not in the US.|
|$8.0 million US Government Contract Awards
Digital Barriers (AIM: DGB), the specialist provider of visually intelligent solutions to the global surveillance, security and safety markets, is pleased to announce the award of a contract with a major US federal law enforcement agency and existing customer valued at $7.2 million. This contract is one of several that were in the final stages of procurement at the time of the Group's trading update on 24 March.
The contract is for the supply of specialist surveillance equipment from one of the Group's strategic partners, which this agency uses alongside its installed base of Digital Barriers technology. The Group is currently working with this strategic partner to explore the potential for further joint product collaboration that would build upon their combined installed bases.
This latest contract award follows the signature of several smaller awards with other US government customers this month, valued in combination at $0.8 million. These contracts are all expected to be delivered in full in the current financial year.
In total, the Group now has approximately £15 million in contracted sales already secured for delivery in the current financial year.|
|Motoring here and more contracts to come I bet|
|Trumps wall got a mention on R4 Today programme.
They interviewed a Texan security company spokesman who thinks it won't happen. It will cost $15Billion for a physical wall/fence. They are already using some seismic ground sensors but don't have the manpower to investigate alarms. Maybe Korea will take his mind off "The Wall"|
|Careem's valuation hit $1bn following the 350m funding round back in December.|
|more on Careem tie-up:
“In our efforts to simplify people’s lives in the region, safety plays an unprecedented role and the integration of Digital Barriers’ facial technology will further bolster the confidence and faith our users have in the Careem brand,” explained Magnus Olsson, co-founder and chief experience officer at Careem. “The biometric technology helps us strengthen our relationship with our users further by providing them with the reassurance that every Captain’s credentials are being monitored at all times through a sophisticated network.”
“This represents the first integration of our facial recognition software into a mainstream commercial application, on a recurring revenue basis, and has demonstrated that (our) solution delivers a better level of performance than other providers of facial recognition solutions, whilst maintaining a competitive price point,” commented Zak Doffman, CEO of Digital Barriers.
"Hoping soon to see "profit" before much longer."
Margins are improving, over last 12 months only lost 33% of turnover so don't hold your breath, based on current estimates maybe 2019. This company has a lot to prove still, I don't mean their technology, can they ramp up sales and keep costs from spiralling.
Still highly speculative for my taste but good luck anyway. Will keep watching.|
|Excellent news. All piecing together here now imo.|
|Re the TMV piece (post 323), its mention of other facial recognition techs should be seen in relation to DGB being chosen by Careem following a "competitive benchmarking process".|
|cruising for a placing at 20p|
|Framework Contract with G4S ........... ThruVis is a unique solution
.........cannot be matched by any other technology in the world.
.........US Transportation Security Administration (TSA) ........... successful deployments in preparation for a wider rollout.
..............market for this solution is now being measured in many thousands of units over the coming years
..........will deliver a very significant payback
Welcome words from today's RNS. Hoping soon to see "profit" before much longer.|
|An intriguing company after today's news|
|TMV on DGB this am : http://www.techmarketview.com/ukhotviews/archive/2017/04/11/digital-barriers-secures-ride-hailing-deal|
|Facial recognition contract with Careem following a competitive evaluation process. One of the contracts that didn't make it to last y/e.
Careem is a competitor to Uber in ME and Africa; 50 cities in 10 countries. The facial recognition tech. ensures that person driving is the authorised driver. Further opportunities should follow this one imo.
|Maximal Security, Without The Weakness of Long Lines
Apr 4, 2017
A new security solution for public safety in crowded spaces and airports presents a rapid screening rate. Digital Barriers, a company specializing in provision of visually intelligent solutions to the global surveillance, security and safety sectors announced recently that its ThruVis public safety solution has successfully achieved a screening rate of up to 1,000 people per hour at peak times, a number estimated to be more than five times than traditional security lanes.
The development aims to deliver performance, flexibility and high quality. According to the company’s press release, the system is unique since unlike existing technology, it detects all types of items concealed in clothing, including non-metallics like explosives and ceramic knives, at stand-off distances of up to 10m. it is operationally ready for use, as confirmed by the US Transportation Security Administration (TSA) who have already conducted successful deployments in preparation for a wider rollout.
The unsurpassed screening rate of up to 1,000 people per hour comes at the same time as ThruVis has again achieved a 100% detection rate in blind trials with government agencies in Asia Pacific, who continue to plan wide scale deployments of the capability over the coming years.
In aviation, ThruVis delivers the potential to materially enhance the screening of passengers in expedited security lanes and of staff using employee security channels. In the public safety market it provides an additional layer of security for mass transit terminals and crowded public spaces that have been the subject of recent attacks.
ThruVis can also now be deployed alongside the company’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 it was also successfully showcased at the UK Government Security & Policing event to government security and defence delegations from around the world.
iHLS is an enterprise dealing with Israeli Homeland Security (HLS).|
I said the same 6weeks ago Lampran, so now they have even less cash than then. I don't see the report as unduly pessimistic, on the contrary telling it like it is. They are running out of cash, they will need a top up loan or a share placing soon the way they burn cash. £17M a year expenses and irregular/lumpy income. Loads of companies which have grown by reinvesting profits, this company spend profits before they make them. Their sales model is selling at a loss, every £100 sale has cost them £170. They have some good IP but rubbish management. Explain what the optomistic view is Lampran because I can't see it. The article also didn't mention dilution since the shares first listed. Something like 5 times as many shares so not surprising shares are a fifth of their value years ago.|
|interesting write up on DGB. Personally I think this is a bit pesimisitc, imo
|DGB are at the International Event of Homeland Security for Asia-Pacific region to demo their solutions.
hTtp://www.milipolasiapacific.com/ Booth 2022|
|Digital Barriers Plc followers on Twitter, says alot. The next two weeks could be the very best in the Companie's history t date.