OTTAWA, Jan. 22 /CNW Telbec/ - March Networks(R) (TSX:MN), a leading
provider of intelligent IP video and business analysis applications, announced
today that BNL - Gruppo BNP Paribas has selected the Company's networked video
recording platforms and management software for advanced security in its
retail branches across Italy. The bank will also deploy the Company's embedded
video analytics to extend its monitoring capability in select locations.
BNL provides financial services to individual, commercial and government
clients nationwide through a network of more than 850 retail banking branches.
It is owned by BNP Paribas, one of the world's five largest financial
institutions with operations spanning more than 85 countries and assets
exceeding U.S. $2 trillion.
The March Networks solution will enable BNL to increase efficiency by
centralizing its video network management and security operations. Using the
latest video compression standards, including H.264 and MPEG4, it delivers
high quality, high frame rate video transmission without impacting network
bandwidth. Video analytic software provides further efficiencies by alerting
personnel to potential security issues, such as unauthorized activity in
restricted areas, in real time.
BNL expects the deployment, which it initiated in 2008 working with
leading systems integrator Niscayah, to reach approximately 400 retail
locations by the end of the fiscal year.
"The March Networks solution meets all of our key criteria," said Fabio
Scarpelli, BNL Security Officer. "It is able to provide us with outstanding
video quality, advanced analytic applications, and the ability to access live
and archived video securely from any networked location - including our
central monitoring station - without affecting network availability or the
transmission of our critical business data. We are confident that this
solution will help us maintain our high security standards and better protect
our customers, staff and assets."
March Networks President and CEO Peter Strom said, "Our IP video
solutions deliver the high reliability, performance and video quality required
by financial institutions worldwide. They allow these organizations to benefit
from the latest IP video technologies while protecting investments in existing
surveillance infrastructure. We look forward to working with BNL and further
expanding our presence in the European market in this fiscal year."
About March Networks
March Networks(R) (TSX:MN) is a leading provider of intelligent IP video
and business analysis applications that enable organizations to reduce losses,
mitigate risks and improve security and operational efficiency. The Company's
advanced software suite includes enterprise-class video management, powerful
analytics and comprehensive managed and professional services. Our software
and systems are used by leading financial institutions, retailers,
transportation authorities and other organizations in more than 50 countries.
For more information, please visit www.marchnetworks.com.
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 trademarks of March
Networks Corporation. All other trademarks are the property of their
For further information:
For further information: Peter Wilenius, March Networks Corporation,
(613) 591-8181, firstname.lastname@example.org