OTTAWA, Aug. 27 /CNW Telbec/ - March Networks(TM) (TSX:MN; AIM:MNW), a
leading provider of intelligent IP video and business analysis applications,
announced today that the Toronto Transit Commission (TTC) is expanding its
roll-out of the Company's mobile video surveillance solution to its entire
fleet of public transit vehicles and has also selected the solution for
deployment across its Wheel-Trans paratransit fleet. The TTC previously
selected the mobile systems and software for use on its city buses and
streetcars. Three hundred units are currently installed on TTC buses and March
Networks expects to ship more than 1,500 additional systems by the end of
fiscal year 2008, including 150 units for Wheel-Trans vehicles.
One of the largest transit authorities in North America, TTC selected the
mobile solution to enhance passenger and driver security onboard its vehicles
and to increase the level of service it offers to customers. The solution
includes advanced enterprise video management software supported by wireless
connectivity, and video recording devices designed specifically for demanding
mobile environments. The contract was awarded as a result of a competitive
process which determined that the March Networks offering rated highest
overall of all submissions reviewed.
"TTC's selection of our mobile solution for its paratransit vehicles, in
addition to its sizeable bus and streetcar fleet, reaffirms the strength of
our solution and our leadership position in the North American transportation
market," said Peter Strom, President and CEO, March Networks. "We are pleased
to provide TTC with high performance video surveillance capabilities that will
increase operational efficiency while supporting its focus on providing a
secure public transit environment."
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, email@example.com