OTTAWA, Dec. 10 /CNW Telbec/ - March Networks(TM) (TSX:MN; AIM:MNW), a
leading provider of intelligent IP video and business analysis applications,
today announced that Speedway SuperAmerica LLC has standardized on its retail
business analytics solution for approximately 1,600 gasoline convenience
Speedway SuperAmerica LLC (SSA), a subsidiary of Marathon Oil Corporation
(NYSE: MRO), is one of the nation's largest corporately-owned and operated
chains of its kind. Following a successful pilot program in 200 stores, SSA
selected the latest release of the March Networks LP Data Mining solution and
expects to have the software deployed company-wide by the end of 2007.
The LP Data Mining solution will enable SSA to reduce inventory shrinkage
and improve overall store and associate performance. It includes fully
customizable Point-Of-Sale transaction profiling, user-friendly investigation
and reporting tools, and digital video integration. Key software features,
such as drawer alarm alerts, prepaid fuel reports and voids by type, deliver
further operational efficiencies.
Intelligent data mining and exception reporting software are important
elements of a retail loss prevention strategy to address the growing problem
of inventory shrinkage, which annually costs U.S. retailers an estimated
In addition to the software rollout, SSA also has selected March
Networks' Professional Services to optimize software performance at all
locations. The services include regular software diagnostics and updates
managed remotely by March Networks specialists.
"The fully automated transaction analysis capabilities offered by the
LP Data Mining software significantly enhance our ability to identify and
investigate fraudulent activity," said Mitch Hurst, SSA's manager, Security &
Loss Management. "We expect that the combination of March Networks' software
and expert professional services will help us considerably reduce inventory
shrinkage once the deployment is complete."
"March Networks has developed a broad portfolio of data mining and video
management solutions that support more effective operational control across a
variety of retail formats," said Peter Strom, President and CEO, March
Networks. "We are pleased to add Speedway SuperAmerica to the growing list of
major retailers that have chosen our industry-leading solutions for loss
prevention and risk management."
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