11 Dec 2015 10:19
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Don't have an account? Click here to register.Digital Barriers secures $2.2m contract with US agency
Wed, 14th Sep 2016 12:42
(ShareCast News) - AIM-listed security and surveillance company Digital Barriers has secured a $2.2m contract to provide its EdgeVis Live advanced wireless surveillance technology to a flagship US Federal law enforcement agency.The revenue associated with the contract is expected to be fully recognised in this financial year and lead to further material awards this year and in subsequent years.The EdgeVis Live surveillance technology offers users secure distribution of real-time video from anywhere to anywhere. It features end-to-end security, real world resilience and network optimisation that can stream usable, live video using 60% less bandwidth than standard technologies.Chief executive officer Zak Doffman said: "The size and nature of this contract, which is expected to lead to significant follow-on awards is testament to the strong position we now have in the US following the acquisition of Brimtek earlier this year."Selling Digital Barriers' technology using Brimtek's strength and reach in the US was the central strategic rationale behind the deal. The adoption of EdgeVis Live by the world's most aspirational customers perfectly illustrates the significant technical lead it enjoys over its competition." At 1255 BST, the shares were up 1.1% to 46.50p.
More News
1 Dec 2015 08:27
Digital Barriers wins £1.9m of Asia Pacific contracts
(ShareCast News) - AIM-listed Digital Barriers said it has won two contracts in the Asia Pacific region, valued at a total of £1.9m. The first contract is a follow-on deal with a defence agency in Asia Pacific to supply its integrated surveillance platform for a maritime security zone, valued at £1.
Read more27 Oct 2015 08:53
Digital Barriers wins £1m contract in Asia Pacific
(ShareCast News) - Surveillance technologies provider Digital Barriers has signed a £1m deal with an unnamed Asia Pacific maritime security agency. Under the agreement, which is an extension of the contract the London-listed company won with the same client six weeks ago, Digital Barriers will provi
Read more30 Sep 2015 08:47
Digital Barriers wins new US law enforcement contract
(ShareCast News) - Digital Barriers has secured another TVI surveillance contract with a major US federal law enforcement agency worth $1.2m (£0.79m), the company announced Wednesday. It follows on from its announcement last Thursday about two contracts worth $1.1m (£0.72m), one of which is with the
Read more24 Sep 2015 10:51
Digital Barriers secures US law enforcement contracts
(ShareCast News) - Digital Barriers said it has secured two contracts worth $1.1m (£720,500) to supply TVI surveillance solutions to federal law enforcement agencies in the US. The contracts, one with an existing client and one with a new client, will see the deployment of newly launched TVI solutio
Read more21 Sep 2015 10:09
Digital Barriers secures major Asia Pacific contracts
(ShareCast News) - Digital Barriers secured four strategically important contract awards in the Asia Pacific region. The surveillance technologies company announced the deals on Monday, which are worth a combined initial value of £2.4m. The biggest contract was for the group's ThruVision people scr
Read more