OTTAWA, Jan. 31, 2012 /CNW/ - March Networks® (TSX: MN), a global provider of intelligent IP video solutions, today announced that Woolworths Limited - an Australian company with extensive retail interests throughout Australia and New Zealand - is deploying new Visual Intelligence software across thousands of existing March Networks video recording systems in a phased upgrade program. The software delivers enhanced live monitoring and searching capabilities that make it even easier for the retailer to centrally manage surveillance video used for security and loss prevention in more than 1,300 remote locations.
"We selected March Networks after evaluating multiple competitive units in our IT labs, and continue to expand with the solution," said Darin Crofts, Woolworths' Loss Prevention Manager responsible for special projects. "The software and systems are very easy to use and extremely reliable. They provide the high-quality video evidence and case management tools we need to identify and act on suspicious behavior quickly. As a result, we have seen clear returns through reduced shrinkage and fewer liability claims."
The solution's remote video access capability is essential for Woolworths' Loss Prevention and Health, Safety and Environment staff, who would otherwise have to drive as many as 12 hours one way to pull video evidence manually from a store location. In addition, the software incorporates advanced video compression technology and bandwidth limiting features that make it possible to access video over the network without impacting core business operations - even from rural store locations with a maximum bandwidth capacity of just 64 kb/s.
"We are proud to continue our partnership with Woolworths," said Net Payne, Chief Marketing Officer, March Networks, "and remain focused on evolving our retail solutions to help customers save time, improve operations and extract valuable business intelligence from the video surveillance network they are already using to protect their customers and assets. Our solutions provide retailers with the tools they need to significantly reduce losses from theft and fraud, while delivering the reliability and ease-of-use that sets them apart in the industry."
The complete March Networks retail solution also includes Retail Transaction Investigation (RTI) software to support advanced loss prevention efforts. The RTI software combines critical visual evidence with transaction data from point-of-sale systems, enabling investigators to swiftly identify and review suspicious transactions, strengthen case evidence and improve recoveries.
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.
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.
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