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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 |
International Airport in U.A.E. Selects VideoSphere Solution with Integrated Analytics for Enhanced Security OTTAWA, Aug. 25 /CNW Telbec/ - March Networks(R) (TSX:MN), a leading provider of intelligent IP video and business analysis applications, announced today that Ras Al Khaimah (RAK) International Airport has selected the VideoSphere(TM) intelligent video management solution to enhance passenger and asset security in its main terminal and adjacent facilities. Located in the United Arab Emirates, RAK serves 27 airlines linking it to destinations in the Middle and Far East, Central Asia, the Indian subcontinent and Africa. The airport is in the midst of a US $16 million renovation and expansion project, which includes two new terminals, a VIP lounge, automated passenger and baggage handling facilities, and a cargo collection center. The VideoSphere solution will provide RAK with real-time operational intelligence and advanced video management. More than 100 VideoSphere encoders with embedded video analytics will increase the capabilities of the airport's existing CCTV network by automatically alerting staff to events such as an unattended bag or unauthorized person entering a restricted area. New VideoSphere recording platforms will ensure extended archiving, while powerful video management software enables efficient administration of the integrated IP video network. The solution will be delivered by Oasis Enterprises, an experienced March Networks systems provider, based in Dubai. "The VideoSphere solution provides Ras Al Khaimah airport with world-class surveillance capabilities in keeping with its new, state-of-the-art passenger and cargo services," said Basel Al Aref, General Manager of Professional Projects Division, Oasis Enterprises. "The analytics capabilities in particular are of critical importance, enabling the authority to maintain the highest security standards for its customers and partners." March Networks President and CEO Peter Strom said, "Our VideoSphere solution enables airport authorities worldwide to extend their investments in existing video infrastructure as they transition to next-generation IP video technology. We are pleased to provide Ras Al Khaimah with high performance IP video software and systems that can meet its current and longer-term critical infrastructure security requirements." About March Networks March Networks(R) (TSX:MN) 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 are trademarks of March Networks Corporation. CIEFFE is a trademark of CIEFFE S.p.A. 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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