Re Agreement
August 24 2007 - 3:00AM
UK Regulatory
More Than 170 New Trains for Greater Paris Suburban Network to Include
Intelligent Rail Security Solution from March Networks and Bombardier
OTTAWA, Aug. 24 /CNW Telbec/ - March Networks(TM) (TSX:MN; AIM:MNW), a
leading provider of IP-based video surveillance solutions, announced today
that more than 170 new commuter trains being built by Bombardier
Transportation for the Transilien Greater Paris / �le-de-France suburban
network will be outfitted with the BOMBARDIER(x) SEKURFLO(x) transit security
solution. The video surveillance component of the SEKURFLO solution is jointly
designed and developed by Bombardier Transportation and March Networks.
French National Railways (SNCF) currently has firm orders with Bombardier
for 172 of the new commuter trains representing more than 1,300 rail cars. If
all remaining options on the contract between SNCF and Bombardier are
exercised, the total number of trains to be delivered to SNCF would reach 372.
The high-capacity trains will be designed, manufactured and built at
Bombardier production facilities in Crespin, France. Train deliveries are
scheduled to begin in November 2009 and continue until 2015.
The Transilien Greater Paris/Ile de France network currently serves
4 million passengers in metropolitan Paris each year. Ridership is increasing
by approximately 5 percent annually on all lines.
The SEKURFLO solution will enable SNCF personnel to enhance driver and
passenger safety and deter theft and vandalism. It will also alert staff to
potential emergencies and provide visual information to accelerate response.
The solution combines video management platforms with onboard systems
integration to ensure effective operation and lower cost of ownership.
"This latest contract confirms the success of our collaboration with
Bombardier, as leading passenger rail operators continue to deploy the
SEKURFLO solution to ensure the safety of millions of riders in high-profile
city centers around the world," said Peter Strom, President and CEO, March
Networks. "The SEKURFLO solution delivers sophisticated mobile security
management that enables transportation providers to proactively address risk
and operate more efficiently."
About March Networks
March Networks(TM) (TSX:MN; AIM:MNW) is a leading provider of innovative
video and data applications used for security surveillance, monitoring,
analysis and business optimization. The company's software and IP-based
hardware solutions allow businesses to increase operational efficiencies,
address risk, and manage assets with an integrated set of video-based
intelligence tools and business intelligence applications. The ISO 9001:2000
certified company serves the needs of leading financial institutions,
retailers, transportation authorities, commercial/industrial organizations and
government/homeland security agencies in approximately 50 countries. For more
information, please visit www.marchnetworks.com.
About Bombardier
A world-leading manufacturer of innovative transportation solutions, from
regional aircraft and business jets to rail transportation equipment, systems
and services, Bombardier Inc. is a global corporation headquartered in Canada.
Its revenues for the fiscal year ended Jan. 31, 2007, were $14.8 billion US,
and its shares are traded on the Toronto Stock Exchange (BBD). News and
information are available at www.bombardier.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.
((x)) BOMBARDIER and SEKURFLO are trademarks of Bombardier Inc. or its
subsidiaries.
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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