RNS Number : 1385U
Visual Defence Inc.
12 May 2008
VISUAL DEFENCE ANNOUCES TWO CONTRACT WINS WITH A COMBINED VALUE OF $2.4 MILLION
RICHMOND HILL, ONTARIO, May 9, 2008 - Visual Defence, Inc. today announces two
significant contract wins. The first is for an $870,000 CAD contract to
integrate video analytics with the existing video surveillance system for the
Montreal Transit Corporation to provide the subway system with an advanced
intelligent surveillance solution. This contract will commence in May 2008.
The second is for a contract to provide a mobile video surveillance and
recording solution for approximately 200 three-carriage Norwegian State Railway
trains. The contract, encompassing the company's Mobile Digital Video Storage
Solution hardware platform (mDVSS) is worth approximately $1,500,000 CAD over
the term. The project, expected to expand over time, will commence in May 2008.
Barry Tal, CEO for Visual Defence, Inc. said:
'We are pleased to have the opportunity to provide the operators of leading
public transportation systems with our advanced technology solutions'
Visual Defence Inc +1 905 731 1254
Barry Tal, Chairman & CEO
Bill Watson, Chief Financial Officer
KBC Peel Hunt Ltd (Nominated Adviser & Broker) +44 (0) 20 7418 8900
David Anderson / Oliver Stratton
About Visual Defence
Visual Defence provides advanced solutions that manage mission critical systems
for leading organizations around the world. The company provides government,
airport, public transportation and commercial customers with public safety and
security solutions that increase management efficiency while leveraging existing
security infrastructure. With its Common Management Platform, Visual Defence
provides customers with customizable and scaleable solutions that meet their
business goals. Visual Defence is headquartered in Canada. Additional
information is available at http://www.visualdefence.com
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