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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.
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27 Feb 2014 11:35

Digital Barriers Shares Slide As It Warns Of 40% Wider Loss

LONDON (Alliance News) - Shares in Digital Barriers PLC slid 18% Thursday morning after it warned that its full-year pretax loss will be around 40% wider than the previous year, as revenue is expected to drop "slightly". Revenue has been hit by delays in procuring customers and in releasing

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27 Feb 2014 10:57

STOCKS NEWS EUROPE-UK small caps dip 0.3 percent, outperform FTSE

The FTSE small cap index and junior-listed AIM shares fall 0.3 percent, outperforming the mid-caps, down 0.4 percent, and the blue chips, down 0.9 percent. Surveillance tech firm Digital Barriers drops 17.7 percent to 116.5 pence after saying that delays to completing some deals will cause

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27 Feb 2014 09:55

Thursday broker round-up UPDATE

Balfour Beatty: Berenberg moves target price from 340p to 350p and stays with a buy recommendation. Bodycote: FinnCap places both its target price (prev.: 620p) and its hold recommendation under review. Investec raises target price from 770p to 810p and keeps a buy recommendation. Numis upgrades fr

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28 Nov 2013 13:44

Digital Barriers Says Moving Toward Break-Even, Despite Wider Pretax Loss

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28 Nov 2013 12:27

CORRECT: AIM IN BRIEF: Herstal Emerges As Favourite To Acquire Manroy

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28 Nov 2013 08:22

AIM IN BRIEF: Beretta Emerges As Favourite To Acquire Manroy

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4 Nov 2013 13:08

DIRECTOR DEALINGS: Digital Barriers Directors Acquire 294,998 Placing Shares

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25 Oct 2013 08:10

Digital Barriers Gets Asia Pacific Transportation Contract

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25 Oct 2013 07:40

Digital Barriers bags Asia Pacific video management contract

Surveillance technologies group Digital Barriers said it has sold its first video management solution into a major public transportation network, with an initial contract worth 0.75m pounds, from a flagship Asia Pacific government customer. Digital Barriers, which provides surveillance technologie

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7 Oct 2013 08:21

Digital Barriers Says Half-Year Revenues Boosted By Increased Exports

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25 Sep 2013 09:26

Digital Barriers Awarded Two Ground Sensor Contracts

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6 Aug 2013 08:36

Digital Barriers shakes hands on deal with BT

Digital Barriers, a company which develops security and defence technology, has signed a contract with BT's monitored communications services business. Under the deal, BT Redcare, which is the UK's largest CCTV surveillance infrastructure and alarm signalling provider, will offer Digital Barriers'

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2 Apr 2013 08:05

Losses at Digital Barriers above forecasts

Surveillance technologies firm Digital Barriers said that full-year revenues will be in line with market expectations as it announced a number of new contract awards. The AIM-listed company, which serves the international home security and defence markets, said that it has been awarded a £2.0m cont

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22 Feb 2013 16:09

New Premier Foods CEO opens account

Gavin Darby, the new Chief Executive Officer of Premier Foods, purchased 0.7m pounds-worth of shares on Thursday, the same day the debt-laden food manufacturer posted an increase full year underlying trading profit. The CEO, who was appointed to the role last month, bought 750,268 shares at 93.30p

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