OTTAWA, Feb. 26 /PRNewswire-FirstCall/ - March Networks(R) (TSX:MN), a leading provider of intelligent IP video and business analysis applications, announced today that the Singapore Land Transport Authority (LTA) has selected the Company's VideoSphere(TM) solution for enhanced passenger and staff security. The authority will use the solution to expand its March Networks surveillance system and support the centralized storage and management of IP video across the North-South and East-West transit network operated SMRT Corporation Ltd (SMRT).
LTA is the body responsible for all land transportation development in the country, including the SMRT surveillance expansion. It will deploy VideoSphere Video Management System (VMS) Software, hybrid video encoding platforms, and health management software to support the installation of additional cameras in 51 SMRT train stations. The VMS is high-performance server software that runs on industry-standard host and storage platforms. It enables organizations to deploy IP or hybrid video networks that are open, scalable and fully distributed and realize significant infrastructure and administrative cost-savings.
SMRT currently serves more than 1.4 million passengers daily via the 89.4 kilometer (55.5 mile) North-South and East-West transit corridor, which includes street-level, underground and above-ground stations linking light rail and bus routes.
Staff at SMRT will use the expanded surveillance system to quickly retrieve and review archived video of transit station activity as required. The VideoSphere management software also enables staff to remotely monitor the health of the entire video network and address potential issues proactively to ensure optimum system performance.
Installation and support services will be provided by O'Connor's Singapore Pte. Ltd., an experienced systems integrator and certified March Networks provider.
"Organizations such as LTA and SMRT continue to focus on providing a secure environment for their passengers and staff," said Peter Strom , President and CEO, March Networks. "Our VideoSphere solution enables them to accomplish that goal by preserving their existing surveillance investments and providing the latest IP video capabilities in one integrated, high-performance system."
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. 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.
SOURCE MARCH NETWORKS CORPORATION