March Networks Expands IP Video Integration Capabilities with Secure City Technology Alliance
OTTAWA, Sept. 15 /PRNewswire-FirstCall/ - March Networks® (TSX: MN), a global provider of intelligent IP video solutions, today announced its founding membership in the Secure City Technology Alliance (SCTA) - a newly formed coalition of technology and market leaders focused on providing government authorities with interoperable, city-wide security solutions that dramatically improve public safety and emergency response.
Governments face significant pressure to equip their emergency teams to prevent, respond to and recover from disasters and threats in an informed and coordinated manner. As a result, investment in city-wide security solutions is expected to reach US $5.7 billion by 2014, according to projections based on data from IMS Research and Infonetics Research. More than half of that market - approximately US $3.2 billion - is expected to be dedicated to networked video surveillance functions within critical public concerns including utilities, hospitals and all forms of transportation.
SCTA members have ensured interoperability across their solutions, which span integrated video surveillance, voice communications, sensor monitoring, mass notification and telecollaboration capabilities. As a result, they will deliver end-to-end solutions that simplify and accelerate the transformation process and save public organizations both time and money. March Networks' IP video surveillance technology is integral to the end-to-end solutions. Its portfolio provides the immediate, real-time monitoring and archived video capture capabilities that authorities require to proactively secure facilities, mitigate risk, and respond to emergencies in a highly coordinated and efficient manner.
"This alliance addresses the demand we are seeing globally from our government and transportation customers, who are working to integrate their IP video systems into a larger framework for improved incident response and public security," said Peter Strom, President and CEO, March Networks. "With the ability to better deploy and manage these interoperable solutions, our customers will be able to realize the full potential of their video surveillance systems."
For more information on SCTA and its members, please visit www.securecitytechalliance.com. Or visit March Networks at the upcoming ASIS International Seminar and Exhibits, October 12-14, at the Dallas Convention Center in Dallas, Texas, Booth 532, where the company and SCTA member Benbria will showcase their integrated SCTA video surveillance and intelligent notification solution.
About March Networks
March Networks® (TSX:MN) is a global provider of intelligent IP video solutions. For close to a decade, the company has helped some of the world's largest commercial and government organizations transition from traditional CCTV to networked video surveillance used for advanced security, loss prevention and risk mitigation. VideoSphere®, the company's enterprise-class video management portfolio, includes open-platform VMS software complemented by high-definition IP cameras, encoders, video analytics and recording platforms, as well as outstanding professional and managed services. March Networks systems are delivered through an extensive distribution and partner network and currently support over one million channels of video in more than 50 countries. For more information, please visit www.marchnetworks.com.
Forward-Looking Statements
This release contains certain forward-looking information, including expectations of future business. This information is based on the Company's current expectations and assumptions that are subject to a variety of risks and uncertainties that are difficult to predict and that may be beyond March Networks' control. Actual results could differ materially from those expressed in any forward-looking statements due to factors such as customer demand and timing of purchasing decisions, increased levels of competition, technological changes and the successful development of new products, dependence on third-party manufacturers, risks relating to intellectual property infringement claims, and other risks and factors identified in March Networks' public filings with regulatory authorities in Canada. March Networks assumes no obligation to update these forward-looking statements as a result of new information or future events.
*MARCH NETWORKS and the MARCH NETWORKS logo are registered trademarks of March Networks Corporation. All other trademarks are the property of their respective owners.
SOURCE MARCH NETWORKS CORPORATION
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