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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 |
Las Vegas Transit Authority Deploys March Networks Mobile Video Surveillance Solution for Security and Risk Management OTTAWA, ONTARIO, August 26, 2008 -- March Networks® (TSX:MN), a leading provider of intelligent IP video and business analysis applications, announced today that the Regional Transportation Commission of Southern Nevada (RTC) is using the Company's mobile video surveillance solutions for security and risk management on its para-transit and fixed route buses. RTC is the transit authority, the transportation-planning agency and the regional traffic management agency for Southern Nevada. Its 520-vehicle fleet serves the greater Las Vegas Valley, including the Vegas Strip, and carries more than 60 million riders annually. To date the commission has deployed more than 190 of its buses and para-transit vehicles with March Networks ruggedized mobile recorders as part of an ongoing commitment to passenger safety and liability protection. The solution includes the Company's advanced system management platform which provides ongoing health status monitoring and manages automatic wireless download of event based video as vehicles return to two of the RTC's service depots. "We are pleased to add the Regional Transportation Commission of Southern Nevada to the growing list of leading transit operators that have selected March Networks proven mobile video solutions to safeguard passengers and operations," said Peter Strom, President and CEO of March Networks. "This win highlights the strength of the Company's solutions and our leadership position in global transportation security market." About March Networks March Networks® (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. Its 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. *MARCH NETWORKS and the MARCH NETWORKS logo are registered trademarks of March Networks Corporation. All other trademarks are the property of their respective owners. FOR FURTHER INFORMATION, PLEASE CONTACT: Peter Wilenius March Networks Corporation +1 613-591-8181 pwilenius@marchnetworks.com END
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