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. The first contract, valued at $6m, is for delivery in the first half of the next financial year and is with a "major" US Federal law enforcement agency and existing customer.It is for specialist surveillance equipment from one of the group's strategic partners, which this agency uses alongside its install base of Digital Barriers technology.The second contract is with a new customer in Africa, for the group's ThruVis technology which helps protect crowded public spaces from concealed weapons and explosives. It will be delivered in the current financial year.Chief executive Zak Doffman said: "Our US business continues to make good progress, where we are utilizing the framework agreements in place to sell specialist technology to key government customers and generate follow-on sales. "Today's contract award continues to highlight the rationale for our acquisition of Brimtek, which enables us to sell and deliver a wider range of technologies into the US surveillance market. Meanwhile, the ThruVis contract award, into a new and important customer in Africa, again illustrates the uniqueness of this technology which delivers a level of protection unavailable from any other technology in the marketplace."