Digital Barriers plc Mobily VSaaS Agreement and License Award (3886Q)
February 29 2016 - 2:01AM
UK Regulatory
TIDMDGB
RNS Number : 3886Q
Digital Barriers plc
29 February 2016
29 February 2016
Digital Barriers plc
("Digital Barriers")
Mobily VSaaS Agreement and License Award
- GBP1.0m initial contract with integration services provider to
support Mobily Video Surveillance as a Service offering in the
Kingdom of Saudi Arabia
- Offering to be based on Digital Barriers' EdgeVis Live and
SafeZone Edge solutions and targeted at major critical
infrastructure protection programmes -
- Anticipated license agreement with major IP camera
manufacturer for SafeZone Edge now secured -
The Board of Digital Barriers plc (the "Group"), the specialist
provider of visually intelligent technologies to the global
surveillance, security and safety markets, is pleased to announced
that it has signed an agreement with Etihad Etisalat Company
(Mobily) and its Saudi Arabian integration services partner,
Advanced Communication Systems (TeleQualitas), to launch a Video
Surveillance as a Service (VSaaS) offering across the Kingdom of
Saudi Arabia. The agreement, signed at the Mobile World Congress
2016 in Barcelona, Spain, represents the first offering of its kind
in Saudi Arabia.
The VSaaS offering will be based on the Group's EdgeVis Live
platform. Powered by Digital Barriers' TVI software, this platform
can deliver secure distribution of high-definition, real-time video
from anywhere to anywhere, and features end-to-end security, and
the ability to stream usable live video over 60% less bandwidth
than standard technologies. This exceptionally efficient use of
available bandwidth enables EdgeVis Live to deliver significant
capability benefits and material cost savings over competing
technologies. EdgeVis Live has already been sold into more than
thirty countries, and counts some of the most prominent defence and
security agencies in the world as its customers, as well as an
increasing number of commercial organisations.
Mobily selected EdgeVis Live to provide its customers with a
higher-quality cellular video surveillance service than competing
technologies. EdgeVis Live also provides Mobily with the ability to
centrally manage and optimise the network capacity dedicated to the
service in real time. In addition to the new range of VSaaS
solutions, Mobily will also offer its customers a wide range of the
Group's edge-intelligent surveillance, security and safety
technologies optimised for wireless networks.
Today's agreement with TeleQualitas includes an initial contract
valued at GBP1.0 million for EdgeVis Live and SafeZone Edge
solution sets for ongoing critical infrastructure programmes. The
contract is expected to deliver in full over the coming few
months.
Ahmed Farroukh, Chief Executive Office of Mobily, commented:
"We are happy to yet again be pioneers, in terms of bringing
advance, innovative solutions to the Kingdom with support of
industry leaders like Digital Barriers. Our business unit continues
to utilise our strong infrastructure as a backbone for delivering
state-of-the-art services to the customers, based on their
requirements. We also continue to display the positive impact
mobile infrastructure has on delivering services related to
multiple sectors and believe that in years to come, mobile will be
the primary platform to ensure access to essential services as well
as bringing positive development in the socio-economic indicators
of the Kingdom."
Separately, the Group is also pleased to announce that the
license agreement anticipated with a major IP camera manufacturer
for its SafeZone Edge video analytics software, first referenced in
its interim results announcement published on 11 December 2015, has
now been secured.
Zak Doffman, Chief Executive Officer of Digital Barriers,
commented:
"The launch of this high-profile Video Surveillance as a Service
offering across Saudi Arabia with Mobily, the country's leading
mobile operator, represents a major step forward for us in the
region. EdgeVis Live takes the class-leading capabilities of our
TVI technology to a new level of performance, including solutions
for wide-scale safe city schemes, video streaming from moving
vehicles, live video from body worn devices and advanced critical
infrastructure protection. This announcement, along with our
securing a license agreement with a major IP camera manufacturer
for SafeZone Edge, clearly illustrates the potential for us to
generate continued momentum with major partners around the world
based on the quality of our core technologies."
For further information, please contact:
Digital Barriers plc Tel: 0203 553 5888
Zak Doffman, Chief Executive
Officer
Sharon Cooper, Chief
Financial Officer
Investec Investment Banking Tel: 020 7597 5970
Andrew Pinder/ Dominic
Emery
FTI Consulting Tel: 020 3727 1000
Edward Bridges/ Matt
Dixon/ Harry Staight
About Digital Barriers
Digital Barriers provides visually intelligent solutions to the
global surveillance, security and safety markets. We deliver
zero-latency streaming and analysis of secure video and related
intelligence over wireless networks, including cellular, satellite,
IP mesh and cloud, utilising significantly less bandwidth than
standard technologies. Our rapidly-installed fixed and mobile
solutions for covert, remote and wide-area deployments, as well as
vehicle and body-worn applications, have been sold into more than
fifty countries, and have been proven in some of the world's most
demanding operational environments. We also provide advanced video
content analysis and body scanning to identify safety concerns and
threats in real-time.
www.digitalbarriers.com
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