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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
March Networks | LSE:MNW | London | Ordinary Share | CA5662191017 | COM SHS NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 220.00 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
News release via Canada NewsWire, Ottawa 613-563-4465 Attention Business/Financial Editors: Leading Hospitality Group Selects IP Video Solution from CIEFFE, a March Networks Company, for Luxury Hotel in the Middle East OTTAWA, June 12 /CNW Telbec/ - March Networks(R) (TSX:MN; AIM:MNW), a leading provider of intelligent IP video and business analysis applications, announced today that CIEFFE(TM), a March Networks Company, has been selected by a leading international hospitality group to supply its award-winning IP video surveillance solution for installation at the customer's premiere hotel property in the United Arab Emirates. The customer, which manages some of the world's most prestigious hotels and hospitality-related businesses, selected the CIEFFE portfolio of interoperable encoders, standard resolution and megapixel cameras, video analytics and advanced video management software as the backbone of its phased security deployment. The initial implementation includes more than 160 IP cameras and integrated video management software. The solution was chosen for its exceptional video quality, and sophisticated video monitoring and event handling functionality, which meets the demanding performance requirements of the operator. Its flexible architecture enables future expansion and allows the customer to ultimately deploy an integrated IP video surveillance network across all of its properties worldwide. "We are extremely pleased to have been selected as the IP video management solution of choice for one of the world's leading luxury hospitality operators," said Peter Strom, President and CEO, March Networks. "The advanced functionality of our solution is perfectly suited to the high performance security and surveillance requirements of commercial property managers. We look forward to building our position as a leading IP video management supplier throughout the United Arab Emirates and elsewhere in the Middle East." About March Networks March Networks(R) (TSX:MN; AIM:MNW) is a leading provider of intelligent IP video and business analysis applications that enable organizations to reduce losses, mitigate risks and improve security and operational efficiency. The Company's advanced software suite includes enterprise-class video management, powerful analytics and comprehensive managed and professional services. Our software and systems are used by leading financial institutions, retailers, transportation authorities and other organizations in more than 50 countries. For more information, please visit www.marchnetworks.com. Forward-Looking Statements This release contains certain forward-looking information, including expectations of future business. This information is based on the company's current expectations and assumptions that are subject to a variety of risks and uncertainties that are difficult to predict and that may be beyond March Networks' control. Actual results could differ materially from those expressed in any forward-looking statements due to factors such as customer demand and timing of purchasing decisions, increased levels of competition, technological changes and the successful development of new products, dependence on third-party manufacturers, risks relating to intellectual property infringement claims, and other risks and factors identified in March Networks' public filings with regulatory authorities in Canada. March Networks assumes no obligation to update these forward-looking statements as a result of new information or future events. (x) MARCH NETWORKS and the MARCH NETWORKS logo and CIEFFE and the CIEFFE logo are trademarks of March Networks Corporation. All other trademarks are the property of their respective owners. For further information: Peter Wilenius, March Networks Corporation, (613) 591-8181, pwilenius(at)marchnetworks.com (MN.) END
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