OTTAWA, Sept. 15 /CNW Telbec/ - March Networks(R) (TSX:MN), a leading
provider of intelligent IP video and business analysis applications, today
launched VideoSphere(TM) Hosted Business Intelligence (BI) Services for retail
organizations. This software-as-a-service offering enables retail chains to
benefit from advanced loss prevention and operations management tools while
eliminating large, upfront capital investments and IT infrastructure costs.
Based on the Company's VideoSphere Extreme Loss Prevention (LP) software
suite, the subscription-based hosted solution provides retailers with
powerful, point-of-sale (POS) exception reporting and operations analysis to
reduce shrinkage and improve store performance. This solution is ideal for
small to mid-sized retail chains seeking to maximize existing resources and
larger organizations that want to expand LP and operations capabilities
quickly and cost-effectively.
With VideoSphere Hosted BI Services, customers can access and customize
their reports at any time using a secure, web-based dashboard, or receive
reports regularly via email. Applications include a standard set of up to
40 policies designed to identify unusual transactions, detailed store
performance reports, top product analysis, and transaction management
capabilities. The solution has been designed to meet Payment Card Industry
Data Security Standards (PCI-DSS) to protect the privacy and security of
credit card data.
"Hosted business intelligence is an attractive option for many retail
organizations that want enterprise-class functionality without major capital
outlays or additional software for their IT staff to manage," said Peter
Strom, President and CEO, March Networks. "We are pleased to meet this need in
the marketplace with new, high performance services that are scalable, fully
distributed and address the requirements of both large and small retail
Hosted BI Services are the latest addition to March Networks' existing
portfolio of managed and professional services for retail organizations. The
Company's Managed Video Network Services provide remote health monitoring and
maintenance of a customer's entire video network to ensure optimum
performance, while its Retail Professional Services range from installation
and implementation to training and consulting services.
March Networks will demonstrate its VideoSphere Hosted BI Services in
Booth 4034 at the ASIS International 2008 Annual Seminar and Exhibits,
September 15-18 at the Georgia World Congress Center in Atlanta, GA.
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. Its 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 registered trademarks
of March Networks Corporation. All other trademarks are the property of
their respective owners.
For further information:
For further information: Peter Wilenius March Networks Corporation,
(613) 591-8181, firstname.lastname@example.org