March Networks Share Discussion Threads

[sranmal] 13/12/2005 08:34

IMO, the significance of today's RNS lies not with the fact that it is another contract win, but with the following statement:

The March Networks digital video recorders will displace existing systems that were provided by a competitor.

[sivadnoj] 13/12/2005 08:22

Another contract win.

Immediate Release 13 December 2005

March Networks Corporation

Leading US Bank Selects March Networks and Hamilton Pacific for 1000+ Site Deployment of Advanced Digital Video Surveillance

OTTAWA, ONTARIO, December 13, 2005 -- March Networks(TM) (TSX:MN; AIM:MNW), a leading provider of Internet Protocol (IP)-based digital video surveillance solutions, announced today that it has teamed with Hamilton Pacific, a division of Securitas Security Systems USA, to be selected by one of the leading financial services companies in the United States for advanced digital video surveillance.

The March Networks solution will be deployed by Hamilton Pacific at more than 1000 sites throughout the United States. The March Networks digital video recorders (DVRs) will displace existing systems that were provided by a competitor.

In an age where video surveillance has become a mission critical business application the March Networks solution was selected because of its superior reliability, scalability, and lowest total cost of ownership. The ability for the customer to network all the DVRs and manage them from one central location was another dominant feature that led to the customer's selection of March Networks.

Another significant decision criteria for the bank was the opportunity to leverage the state-of-the-art security services and project management services of Hamilton Pacific in managing such a wide-scale deployment of advanced video surveillance.

"The March Networks and Hamilton Pacific partnership is a winning combination for banks throughout the United States," said Robert Manee, Chief Operating Officer - Hamilton Pacific, Securitas Security Systems USA. "This announcement is clear validation of the benefits that the Hamilton Pacific and March Networks alliance bring to the financial industry."

"Large, enterprise-wide deployments of advanced digital video surveillance are major investments for leading financial services companies" said Peter Strom, president and CEO of March Networks. "The selection of March Networks and Hamilton Pacific proves that our partnership provides the reliability and excellence that customers demand from today's security and business applications."

[umalukka] 12/12/2005 09:57

rogerl,ind is doing quite well! another well researched tip! thanks1

[umalukka] 12/12/2005 08:29

still marked down this morning. dont know whether to lock in some profit i have made rather than losing it all.

[mitzis] 11/12/2005 19:26

SCSW suggests holding in their December edition out this weekend.

[umalukka] 11/12/2005 10:12

are we probably going to see a downward trend due to this block admission to trading? Does anyone know when these shares will be issued.

[milesy] 09/12/2005 16:39

Surely today's fall is a reaction to the dilution to be created by the additional listing as noted in today's RNS...current no. of shares in issue according to Digitalook site is 15.3 million:

"The Company has today applied for block admission to trading on AIM for up to
2,968,382 Common Shares. The block admission application covers the following:

a) the 1,500,000 Common Shares to be issued pursuant to the exercise of
options under the Option Plan, as described in the AIM Admission Document
dated 20 April 2005;

b) the 500,709 Common Shares already issued as described earlier in this
announcement; and

c) the 967,673 Common Shares relating to the outstanding warrants, as
described in the AIM Admission Document dated 20 April 2005. "

Chris

[sranmal] 09/12/2005 15:56

Drop was only due to one biggish trade of 4,200 shares. TSX currently higher than us.

Strom, although selling his option shares, has been granted another 12.5K, this time at C$26.92, and has 205K options in total. As you say lordcoco, good luck to him!

[lordcoco] 09/12/2005 15:42

Maybe down top CEO selling his 80,000 option shares. Don't really understand the logic to drops on this kind of news in this type of share. What do people expect, them never to sell or only at a loss? Fair dos to him I say. Unfortunate timing as momentum has perhaps tailed off for now, or so it would seem but then again when is the "perfect" time for management/directors to sell?

[umalukka] 09/12/2005 15:32

i dont understand much about the common shares issued & director shareholding. mnw is slipping down .is it because of the announcement today ? if anyone can explain please. thanks.

[mitzis] 09/12/2005 13:46

I ´m sure your right Um but worth a try..!

[umalukka] 09/12/2005 09:36

mitzis i think we will need lots of partnerships to move this to 1500.good luck!

[mitzis] 07/12/2005 19:35

Recovery in Toronto tonight.. no worries.

[rogerl] 07/12/2005 16:29

mitzis
HOPE SO!

[mitzis] 07/12/2005 12:45

Have no fear they will be 1500 p by Friday..

[sranmal] 07/12/2005 11:16

TSX drifted during yesterday following the announcement.

[rogerl] 07/12/2005 11:14

Slighly surprised by the share price this morning, expected a rise after the Bell Canada announcement.

[milesy] 06/12/2005 17:45

Good to see Sir Terry and Wesley Clover adding their leverage here, pulling in big names like Bell Canada...

Chris

[rogerl] 06/12/2005 17:31

Should be a good day tomorrow

[sranmal] 06/12/2005 15:27

Another partnership, with Bell Canada:

[rogerl] 06/12/2005 12:33

Expected a pull back after the recent rises. I think onwards and upwards in the next couple of weeks.

[sranmal] 05/12/2005 22:55

Might open about 50p down tomorrow seeing where TSX finished (before anyone asks "why are we down?" tomorrow morning!).

[mitzis] 05/12/2005 18:24

Thanks for the Evo update.. at least MNW are doing better than my VPC shares today after Brown gave them a tax canning..

[rogerl] 05/12/2005 16:56

Umalukka

All I can say is that for the moment I am holding both NLR and MNW. I am also watching Ingigo Vision (IND) but will not buy until they are into profit and it looks sustainable.

[rogerl] 05/12/2005 16:56

Umalukka

All I can say is that for the moment I am holding both NLR and MNW. I am also watching Ingigo Vision (IND) but will not buy until they are into profit and it looks sustainable.