Last checked at 25 Oct 2013 07:00
RNS
25 October 2013
Digital Barriers plc
("Digital Barriers")
International Business Progress
- Asia-Pacific sale & Middle East trial -
The Board of Digital Barriers plc (the "Group"), the specialist provider of advanced surveillance technologies to the security and defence sectors, is pleased to announce the sale of its first video management solution into a major public transportation network, with an initial contract from a flagship Asia Pacific government customer.
The contract, valued at approximately £0.75 million, is expected to be fulfilled during the course of this financial year and next, and lead to follow-on orders with the same customer. The contract represents a significant early reference for the Group's newly launched video management capabilities within the transportation sector.
The Group is also pleased to announce that it has secured a paid trial of its TVI video surveillance hardware into a significant new government customer in the Middle East. The contract is to trial live video streaming from IP cameras on law enforcement vehicles. The Group's recently launched TVI IP-Series has the same market-leading bandwidth efficiency as its existing analogue TVI product range. This deployment will be on a new 4G network and the customer evaluated multiple technologies before selecting TVI for an operational trial ahead of a planned wider deployment . The products for the trial will be delivered this financial year.
Tom Black, Executive Chairman, commented:
"We continue to demonstrate the world-class credentials of our advanced surveillance technologies by the stature of customers strategically adopting them. This is further evidence that we have the solutions, channels and credibility to continue to extend our reach and deliver very strong year-on-year international growth."
For further information, please contact:
Digital Barriers plc Tom Black, Executive Chairman Colin Evans, Managing Director Zak Doffman, Development Director
| Tel: 020 7940 4740 |
Investec Investment Banking Andrew Pinder/ Dominic Emery | Tel: 020 7597 5970 |
FTI Consulting Edward Bridges/ Matt Dixon/ Elodie Castagna |
Tel: 020 7831 3113 |
About Digital Barriers
Digital Barriers provides advanced surveillance technologies to the international homeland security and defence markets, specializing in 'edge-intelligent' solutions that are designed for remote, hostile or complex operating environments. We work with governments, multinational corporations and system integrators in the defence, law enforcement, critical infrastructure, transportation and natural resources sectors. Our surveillance technologies have been successfully proven on some of the most demanding operational and environmental deployments around the world.
www.digitalbarriers.com