The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

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.

Related Shares

More News
6 Jan 2017 07:50

Digital Barriers wins two contracts worth $7m

(ShareCast News) - Digital Barriers, a specialist provider of visually intelligent solutions, has been awarded two contracts with a total value of $7m...

1 Dec 2016 08:22

Digital Barriers wins contracts across APAC, EMEA worth £1.75m

(ShareCast News) - Security software developer Digital Barriers has won contracts across Asia Pacific, Europe, and the Middle East worth £1.75m. T...

22 Nov 2016 16:20

UK Earnings, Trading Statements Calendar - Next 7 Days

18 Oct 2016 08:19

Digital Barriers Agrees GBP10 Million, Two-Year Facility With Investec

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.