Servision PLC Regulatory News (SEV)

20 Oct 2006 07:00

SerVision plc20 October 2006 20 October 2006 SERVISION SYSTEMS TO PROTECT ATM'S FOR TURKISH BANKS Digital video surveillance systems from AIM-listed SerVision Plc. have beenchosen to protect ATM cash machines at two of Turkey's leading banks. Pronet,SerVision's exclusive distributor in Turkey, has won tenders from two differentbanks; the Isbank and the TEB. TEB bank is owned by BNP Paribas Banks, one ofthe largest international banking networks, with strong positions in Asia,Europe and a significant presence in the United States. Pronet has already installed systems in a number of Isbanks' ATM's. The projectcalls for 750 alarm units to cover the surveillance of their ATM systems. Thefirst stage calls for the installation of alarm verification at 700 ATM's and anadditional 50 ATM systems with alarm and video verification. When the firststage has proved successful, the additional 700 systems will be installed withvideo as well as alarm. The TEB Bank project calls for the installation of 60 DVRs to monitor ATMs.Pronet has won the tender after the bank had tested several different demosystems and found SerVision's system to be ideal for their security andinfrastructure requirements.. SerVision Chairman and CEO, Gideon Tahan, commented: "We are delighted to havewon these extremely competitive tenders for the security of ATM machines whichcould be an important growth area for SerVision." "We also believe these contracts signify that we offer the highest quality videotransmission over narrowband and IP networks in the world. Servision managementis pleased to have this opportunity to supply the high security requirements ofthese financial institutions. We look forward to working on many more similarprojects in the near future." Contacts details: Servision plc +972 2535 0015Eitan Yanuv Threadneedle Communications 020 7936 9605Graham Herring/Alex White About Servision SerVision Ltd. is a leading provider and producer of advanced and fullyintegrated video monitoring systems using highly sophisticated video processingand encryption with state-of-the-art cellular and wireless communication.SerVision's products are compact DVR / video gateways that combine securityfunctionality with the highest level of video streaming performance in a compactstand-alone unit. Supporting a wide range of data communication networks (including LAN, Wi-Fi,analog and broadband phone lines and cellular), SerVision's software for PCs,PDAs and cellular phones allows video access from anywhere; whether in thecontrol center, at home or on the road. Established in 2000, SerVision hasoffices in Jerusalem, the UK, Mexico and the U.S. Servision (AIM: SEV) is apublic company traded the London Stock Exchange (AIM). END This information is provided by RNS The company news service from the London Stock Exchange