Contract Follows Successful Solution Deployment with Financial Services
OTTAWA, Feb. 19 /CNW Telbec/ - March Networks(TM) (TSX:MN; AIM:MNW), a
leading provider of intelligent IP video and business analysis applications,
announced today that Coppel S.A.B. de C.V. has standardized on the Company's
digital video software and systems for advanced security in more than 650
Coppel is one of the largest department store chains in Mexico, operating
under the brand name Tiendas Coppel. The retailer specializes in the sale of
household furnishings, appliances and clothing.
The rollout follows a successful digital video deployment with BanCoppel,
an affiliated financial services organization operating a rapidly growing
network of banking branches and automated teller machines (ATMs) within its
Coppel will use the March Networks solution to enhance customer and staff
safety, deter crime and ensure that high-quality video evidence is available
for review following security incidents. The solution includes
enterprise-class video management software and scalable surveillance
platforms. It supports advanced applications, such as Point-of-Sale
transaction data integration and video analytics, that help retailers reduce
inventory shrinkage and improve overall store performance.
"We selected this solution based on our own extensive research and the
recommendation of our BanCoppel colleagues, who are extremely pleased with the
management capabilities and networking performance of their March Networks
systems," said Agustin Bravo, National Director of Expenditure and Supply
"The March Networks retail solution, with its centralized networking
architecture, will enable us to monitor our stores more effectively and
provide us with quality video evidence when needed," added Antonio Saracho,
Chief Information Officer and Systems Division Director, Coppel.
Peter Strom, President and CEO of March Networks, said: "We continue to
expand our customer footprint in Mexico based on the high quality of our
networked solutions and our focus on targeted applications for the financial
and retail markets. We look forward to further successes in 2008."
About March Networks
March Networks(TM) (TSX:MN; AIM:MNW) 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