OTTAWA , Feb. 19 /PRNewswire-FirstCall/ - March Networks(TM) (TSX:MN; AIM:MNW), a leading provider of intelligent IP video and business analysis applications, announced today that Coppel S.A.B. de C.V. has standardized on the Company's digital video software and systems for advanced security in more than 650 department stores.
Coppel is one of the largest department store chains in Mexico , operating under the brand name Tiendas Coppel. The retailer specializes in the sale of household furnishings, appliances and clothing.
The rollout follows a successful digital video deployment with BanCoppel, an affiliated financial services organization operating a rapidly growing network of banking branches and automated teller machines (ATMs) within its retail locations.
Coppel will use the March Networks solution to enhance customer and staff safety, deter crime and ensure that high-quality video evidence is available for review following security incidents. The solution includes enterprise-class video management software and scalable surveillance platforms. It supports advanced applications, such as Point-of-Sale transaction data integration and video analytics, that help retailers reduce inventory shrinkage and improve overall store performance.
"We selected this solution based on our own extensive research and the recommendation of our BanCoppel colleagues, who are extremely pleased with the management capabilities and networking performance of their March Networks systems," said Agustin Bravo , National Director of Expenditure and Supply Control, Coppel.
"The March Networks retail solution, with its centralized networking architecture, will enable us to monitor our stores more effectively and provide us with quality video evidence when needed," added Antonio Saracho, Chief Information Officer and Systems Division Director, Coppel.
Peter Strom , President and CEO of March Networks, said: "We continue to expand our customer footprint in Mexico based on the high quality of our networked solutions and our focus on targeted applications for the financial and retail markets. We look forward to further successes in 2008."
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.
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