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Digital Barriers wins $2m Middle East deal for 'threat detection' camera

Mon, 19th Dec 2016 07:49

(ShareCast News) - Digital Barriers, a provider of security solutions, has inked a $2.1m deal for its threat detection camera technology, ThruVis, with an undisclosed client in the Middle East.The multi-year deal, which will start in the current financial year, will see the AIM-listed company supply a number of ThruVis cameras to "help protect secure locations and crowded public spaces from the threat of terrorist attack".The contract comes after the company's first deal with the US Transportation Security Administration and the recent collaboration with G4S.Chief executive Zak Doffman said: "Now for the first time, after ten years and tens of millions of dollars in public and private investment, we can genuinely detect concealed weapons and explosives being carried into crowded public spaces, onto transport networks, or into airports. No other technology anywhere in the world can match ThruVis for performance and usability, as has been categorically proven in recent independent government testing."The company claims ThruVis can be used in various settings, including transport terminals, stadia and event venues, to identify potential threats in real time without disrupting crowds.It reported the camera system was 100% successful in identifying suicide vests and weapons concealed under clothing, in recent independent government testing.Shares in Digital Barriers were up 2.34% to 37.10p at 0807 GMT.
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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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