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MNW March Networks

220.00
0.00 (0.00%)
12 Dec 2024 - Closed
Delayed by 15 minutes
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

Re Contract

20/02/2008 7:00am

UK Regulatory


    Mexican Retailer Standardizes on March Networks Digital Video Solution for More
                                Than 650 Stores                                

             Contract Follows Successful Solution Deployment with              
                         Financial Services Affiliate                          

OTTAWA, ONTARIO, February 19, 2008 -- March Networks(tm) (TSX:MN; AIM:MNW), a
leading provider of intelligent IP video and business analysis applications,
announced today that Coppel S.A.B. de C.V. has standardized on the Company's
digital video software and systems for advanced security in more than 650
department stores.

Coppel is one of the largest department store chains in Mexico, operating under
the brand name Tiendas Coppel. The retailer specializes in the sale of
household furnishings, appliances and clothing.

The rollout follows a successful digital video deployment with BanCoppel, an
affiliated financial services organization operating a rapidly growing network
of banking branches and automated teller machines (ATMs) within its retail
locations.

Coppel will use the March Networks solution to enhance customer and staff
safety, deter crime and ensure that high-quality video evidence is available
for review following security incidents. The solution includes enterprise-class
video management software and scalable surveillance platforms. It supports
advanced applications, such as Point-of-Sale transaction data integration and
video analytics, that help retailers reduce inventory shrinkage and improve
overall store performance.

"We selected this solution based on our own extensive research and the
recommendation of our BanCoppel colleagues, who are extremely pleased with the
management capabilities and networking performance of their March Networks
systems," said Agustín Bravo, National Director of Expenditure and Supply
Control, Coppel.

"The March Networks retail solution, with its centralized networking
architecture, will enable us to monitor our stores more effectively and provide
us with quality video evidence when needed," added Antonio Saracho, Chief
Information Officer and Systems Division Director, Coppel.

Peter Strom, President and CEO of March Networks, said: "We continue to expand
our customer footprint in Mexico based on the high quality of our networked
solutions and our focus on targeted applications for the financial and retail
markets. We look forward to further successes in 2008."

About March Networks

March Networks(tm) (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.

*MARCH NETWORKS and the MARCH NETWORKS logo are 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

613-591-8181

pwilenius@marchnetworks.com



END


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