UK Contract Award

RNS Number : 2310B

Digital Barriers plc

02 April 2013

 



2 April 2013

Digital Barriers plc

("Digital Barriers" or the "Group")

Contract Award

The Board of Digital Barriers plc (AIM: DGB) (the "Board"), the specialist provider of advanced surveillance technologies to the security and defence sectors, is pleased to announce the award of a contract by an existing UK-based customer.

The contract, signed on 28 March 2013 and valued at approximately £2.0 million (most of which is now in backlog to be recognised in the financial year ending March 2014), is for the provision of an integrated technology solution that includes the Group's TVI video products, ThruVision passive screening products and OmniPerception facial recognition products. The solution will support security operations in remote and hostile overseas locations.

The contract, to be fulfilled over the coming weeks, is expected to lead to ongoing additional product sales.

Zak Doffman, Group Development Director of Digital Barriers commented:

"I am particularly delighted by the award of this contract with an important UK customer, which integrates three of our core technologies. This is further validation of Digital Barriers' strategy, serving to highlight our credentials both at home and internationally as a provider of world-class advanced surveillance products, as well as illustrating the potential to integrate our technologies to provide genuinely disruptive solutions."

For further information, please contact:

Digital Barriers plc		Tel: [phone]
Tom Black, Executive Chairman
Colin Evans, Managing Director Zak Doffman, Development Director
Investec Investment Banking		Tel: [phone]
Patrick Robb / Andrew Pinder / Dominic Emery
FTI Consulting		Tel: [phone]
Edward Bridges / Matt Dixon / Elodie Castagna

About Digital Barriers

Digital Barriers provides advanced surveillance technologies to the international homeland security and defence markets, specialising in 'edge-intelligent' solutions that are designed for remote, hostile or complex operating environments. We work with governments, multinational corporations and system integrators in the defence, law enforcement, critical infrastructure, transportation and natural resources sectors. Our surveillance technologies have been successfully proven on some of the most demanding operational and environmental deployments around the world.

www.digitalbarriers.com

 

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