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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: Major U.S. Retailer Selects March Networks IP Video Solution in Deal Worth $1.5 Million OTTAWA, June 9 /CNW Telbec/ - March Networks(TM) (TSX:MN; AIM:MNW), a leading provider of intelligent IP video and business analysis applications, announced today that a large retail organization in the United States has selected the Company's video management software and systems for a deployment covering approximately 100 stores. The initial orders are valued at U.S. $1.5 million and follow a successful rollout of March Networks business analysis software and professional services across more than 1,200 locations. The retailer will integrate the video management solution with its existing March Networks LP Data Mining software to further reduce shrinkage, decrease in-store risk and improve overall store performance. The March Networks solution will enable the retailer to add new capabilities to its video network, such as powerful analytic applications and strategically-placed, high-resolution IP cameras, without replacing existing video infrastructure. When the organization is ready to transition some, or all, of its stores to all-IP video networking, it can turn to the March Networks VideoSphere portfolio to do so cost-effectively. "Our ability to offer retail organizations comprehensive solutions that deliver valuable business intelligence for a wide range of applications is unparalleled today," said Peter Strom, President and CEO of March Networks. "We are pleased to be extending our relationship with this leading retail organization and look forward to delivering our VideoSphere solution to retailers worldwide as they move to next-generation IP video technology." 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. 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. (x)MARCH NETWORKS, VideoSphere, and the MARCH NETWORKS and VideoSphere logos, 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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