OTTAWA, Nov. 27 /PRNewswire-FirstCall/ - March Networks(R) (TSX:MN), a leading provider of intelligent IP video and business analysis applications, announced today that its VideoSphere(TM) PTZ Auto Tracking analytic has won the Security & Safety Award for exceptional product innovation at the Sicurezza 2008 Exhibition, running November 25-28 in Milan, Italy .
"We are pleased to recognize March Networks with this prestigious award for security product innovation," said Professor Oliviero Tronconi , president of the show's selection jury. "What impressed us most about the VideoSphere analytic is its ability to extend the PTZ auto-tracking capability across integrated fixed and PTZ cameras in one, high performance system."
PTZ Auto Tracking is an advanced, behavioral analysis algorithm that enables security personnel at airport, critical infrastructure and other commercial/industrial facilities to assess and respond more quickly to potential threats. The analytic, part of VideoSphere Analytics software, triggers a PTZ camera to follow a moving object, or identify and zoom in on an unattended object, automatically via the surveillance system management.
A key innovation unique to VideoSphere enables organizations to configure a PTZ camera to accept analytic event inputs from as many as five fixed VideoSphere cameras to create an intelligent video surveillance network for efficient, interactive panoramic coverage. Each fixed camera can activate the PTZ auto-tracking functionality without compromising its own alarm configuration, adding further protection to the whole system.
"We are honored to receive this award, which reinforces our position as a leading provider of innovative IP video solutions designed to provide our customers with advanced operational and cost efficiencies," said Fabrizio Colciago, Managing Director, March Networks EMEA.
March Networks is demonstrating its VideoSphere Intelligent Video Management portfolio, including its patent-pending PTZ Auto Tracking analytic, at Sicurezza in Stand P21/R24, Pavilion 15, in the Nuova Fiera, Milan , until November 28 .
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