Digital Barriers plc International Business Progress (3731R)
October 25 2013 - 2:00AM
UK Regulatory
TIDMDGB
RNS Number : 3731R
Digital Barriers plc
25 October 2013
RNS
25 October 2013
Digital Barriers plc
("Digital Barriers")
International Business Progress
- Asia-Pacific sale & Middle East trial -
The Board of Digital Barriers plc (the "Group"), the specialist
provider of advanced surveillance technologies to the security and
defence sectors, is pleased to announce the sale of its first video
management solution into a major public transportation network,
with an initial contract from a flagship Asia Pacific government
customer.
The contract, valued at approximately GBP0.75 million, is
expected to be fulfilled during the course of this financial year
and next, and lead to follow-on orders with the same customer. The
contract represents a significant early reference for the Group's
newly launched video management capabilities within the
transportation sector.
The Group is also pleased to announce that it has secured a paid
trial of its TVI video surveillance hardware into a significant new
government customer in the Middle East. The contract is to trial
live video streaming from IP cameras on law enforcement vehicles.
The Group's recently launched TVI IP-Series has the same
market-leading bandwidth efficiency as its existing analogue TVI
product range. This deployment will be on a new 4G network and the
customer evaluated multiple technologies before selecting TVI for
an operational trial ahead of a planned wider deployment . The
products for the trial will be delivered this financial year.
Tom Black, Executive Chairman, commented:
"We continue to demonstrate the world-class credentials of our
advanced surveillance technologies by the stature of customers
strategically adopting them. This is further evidence that we have
the solutions, channels and credibility to continue to extend our
reach and deliver very strong year-on-year international
growth."
For further information, please contact:
Digital Barriers plc Tel: 020 7940 4740
Tom Black, Executive Chairman
Colin Evans, Managing Director
Zak Doffman, Development Director
Investec Investment Banking Tel: 020 7597 5970
Andrew Pinder/ Dominic Emery
FTI Consulting Tel: 020 7831 3113
Edward Bridges/ Matt Dixon/ Elodie Castagna
About Digital Barriers
Digital Barriers provides advanced surveillance technologies to
the international homeland security and defence markets,
specializing in 'edge-intelligent' solutions that are designed for
remote, hostile or complex operating environments. We work with
governments, multinational corporations and system integrators in
the defence, law enforcement, critical infrastructure,
transportation and natural resources sectors. Our surveillance
technologies have been successfully proven on some of the most
demanding operational and environmental deployments around the
world.
www.digitalbarriers.com
This information is provided by RNS
The company news service from the London Stock Exchange
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