Top-20 Global Bank Expands Surveillance with March Networks VMS Software and IP Cameras
Total solution includes 5,000 March Networks IP cameras
OTTAWA, May 11 /PRNewswire/ - March Networks® (TSX: MN), a global provider of intelligent IP video solutions, today announced that a large financial customer will deploy an additional 1,000 March Networks IP cameras, embedded video analytics and Video Management System (VMS) software across more than 120 retail branches before the end of 2011. During the past two years, the bank has nearly tripled its March Networks Financial Solution installation to approximately 5,000 IP cameras in 430 branches.
With retail branches located across Europe, the bank selected the March Networks solution for its exceptional scalability and video management. The VMS software enables the financial institution to monitor live video and manage its entire March Networks installation from a central security command center to ensure efficient operation. The bank chose to run the open software on March Networks hybrid recorders based on their proven reliability and performance.
In addition, intelligent video analytics supported on March Networks CamPX and CamPX Dome IP cameras help security staff immediately detect and better respond to unusual activity - such as an unauthorized person entering a secure area, or after-hours activity in a parking lot. High-definition (HD) March Networks MegaPX 720p IP cameras with internal memory provide local storage and enhanced redundancy. HD cameras are becoming more prevalent in banking applications where detailed, high resolution images are required.
"Globally, we are seeing financial institutions begin the transition to IP video networking and high-definition cameras to maintain their exceptional security standards and achieve greater operational efficiency," said Net Payne, Chief Marketing Officer, March Networks. "As a recognized leader in financial IP video management with more than 400 banking customers worldwide, we are well positioned to provide enterprise-class solutions to this high-growth sector. Our VMS software, IP cameras and vertical market applications provide the capabilities needed to transform surveillance systems into world-class intelligence solutions."
About March Networks
March Networks® (TSX:MN) is a leading provider of intelligent IP video solutions. For more than a decade, the company has helped some of the world's largest commercial and government organizations transition from traditional CCTV to advanced surveillance technologies used for security, loss prevention, risk mitigation and operational efficiency. Its highly scalable and easy to use Command™ video management platform incorporates a web-based client interface to enable rapid system deployment and complete system control. It is complemented by the company's portfolio of high-definition IP cameras, encoders, video analytics and hybrid recorders, as well as outstanding professional and managed services. March Networks systems are delivered through an extensive distribution and partner network 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, March Networks Command and the MARCH NETWORKS logo are trademarks of March Networks Corporation. All other trademarks are the property of their respective owners.
SOURCE MARCH NETWORKS CORPORATION
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