Digital Barriers plc Brimtek Contract Award (0685S)
March 15 2016 - 3:01AM
UK Regulatory
TIDMDGB
RNS Number : 0685S
Digital Barriers plc
15 March 2016
15 March 2016
Digital Barriers plc
("Digital Barriers")
Brimtek Contract Award
- $5.9m contract with major US Federal Agency under Brimtek
procurement framework -
Digital Barriers plc (the "Group"), the specialist provider of
visually intelligent solutions to the global surveillance, security
and safety markets, is pleased to announce that its recently
acquired US subsidiary, Brimtek, has secured a significant contract
with a major US Federal law enforcement agency.
The contract, which is valued at approximately $5.9 million, was
awarded under a procurement framework agreement held by Brimtek and
will see the Group provide a range of specialist surveillance
equipment to the agency customer. The contract is to be delivered
in the first half of FY17.
Zak Doffman, Chief Executive Officer of Digital Barriers,
commented:
"This contract with a strategically important US government
customer illustrates the strong relationships and reputation
enjoyed by Brimtek in the highly specialised US security
marketplace. Both Digital Barriers and Brimtek have long-standing
relationships with this agency who are procuring our class-leading
EdgeVis Live video technology on an ongoing basis. Although the
contract does not include Digital Barriers' solutions on this
occasion, it is clear the combination of our unique capabilities
and Brimtek's sectoral credibility has served to strengthen this
relationship. Today's contract award highlights the rationale for
our acquisition of Brimtek, which will enable us to sell and
deliver progressively more of our technologies into the US
surveillance market."
For further information, please contact:
Digital Barriers plc Tel: 0203 553 5888
Zak Doffman, Chief
Executive Officer
Sharon Cooper, Chief
Financial Officer
Investec Investment Tel: 020 7597 5970
Banking
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
CNTAKQDNCBKDFND
(END) Dow Jones Newswires
March 15, 2016 03:00 ET (07:00 GMT)
Thruvision (LSE:THRU)
Historical Stock Chart
From May 2024 to Jun 2024
Thruvision (LSE:THRU)
Historical Stock Chart
From Jun 2023 to Jun 2024