OTTAWA, Sept. 11 /CNW Telbec/ - March Networks(TM) (TSX:MN; AIM:MNW), a
leading provider of intelligent IP video and business analysis applications,
announced today that Banco del Bajio S.A. has selected its digital video
software and systems for more than 140 retail banking branches throughout
Headquartered in Leon, Guanajuato, Banco del Bajio is the country's
eighth largest financial institution with assets of more than $4 billion. It
is associated with Banco Sabadell, the fourth largest bank in Spain.
Banco del Bajio is using the March Networks solution to monitor the
safety and security of its customers, employees and assets. High quality video
evidence helps speed fraud and theft investigations, while a live monitoring
feature enables central monitoring staff to view events remotely on alarm. The
solution includes enterprise-level video management platforms and supports
advanced business analysis applications, such as automated teller machine
(ATM) and teller transaction data integration. It also meets
government-mandated recording and monitoring requirements.
"The March Networks solution has enabled our organization to quickly
identify and address several incidents of theft and vandalism," said
José de Jeszs Rojas Vazquez, Manager of Corporate Security, Banco del Bajio.
"We are also operating more effectively as a result of the remote video
management. More importantly, we are confident we are providing the highest
level of security for our clients and employees with the solution in place."
"We are pleased to include Banco del Bajio in our growing list of banking
customers in Mexico and across Latin America," said Peter Strom, President and
CEO, March Networks.
"The region's financial sector is rapidly expanding to keep pace with
demand for personal banking, loan and credit services, and March Networks
continues to expand on its market leadership position. We expect additional
wins in the region during this current fiscal year."
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