MNW March Networks

    News release via Canada NewsWire, Ottawa 613-563-4465

Attention Business/Financial Editors:

Leading Hospitality Group Selects IP Video Solution from CIEFFE, a March
Networks Company, for Luxury Hotel in the Middle East

    OTTAWA, June 12 /CNW Telbec/ - March Networks(R) (TSX:MN; AIM:MNW), a
leading provider of intelligent IP video and business analysis applications,
announced today that CIEFFE(TM), a March Networks Company, has been selected            
by a leading international hospitality group to supply its award-winning IP
video surveillance solution for installation at the customer's premiere hotel
property in the United Arab Emirates.
    The customer, which manages some of the world's most prestigious hotels
and hospitality-related businesses, selected the CIEFFE portfolio of
interoperable encoders, standard resolution and megapixel cameras, video
analytics and advanced video management software as the backbone of its phased
security deployment. The initial implementation includes more than 160 IP
cameras and integrated video management software. The solution was chosen for
its exceptional video quality, and sophisticated video monitoring and event
handling functionality, which meets the demanding performance requirements of
the operator. Its flexible architecture enables future expansion and allows
the customer to ultimately deploy an integrated IP video surveillance network
across all of its properties worldwide.
    "We are extremely pleased to have been selected as the IP video
management solution of choice for one of the world's leading luxury
hospitality operators," said Peter Strom, President and CEO, March Networks.
"The advanced functionality of our solution is perfectly suited to the high
performance security and surveillance requirements of commercial property
managers. We look forward to building our position as a leading IP video
management supplier throughout the United Arab Emirates and elsewhere in the
Middle East."

    About March Networks

    March Networks(R) (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.

    Forward-Looking Statements

    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.

    (x) MARCH NETWORKS and the MARCH NETWORKS logo and CIEFFE and the CIEFFE
        logo are trademarks of March Networks Corporation.  All other
        trademarks are the property of their respective owners.



For further information: Peter Wilenius, March Networks Corporation, (613)
591-8181, pwilenius(at)marchnetworks.com
(MN.)


 



END

March Networks (LSE:MNW)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024

March Networks (LSE:MNW)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024