OTTAWA, ONTARIO, May 1, 2012 –– March Networks®, a global provider of intelligent IP video solutions, today announced that one of Qatar’s largest financial institutions has standardized on the company’s integrated video surveillance and Searchlight software applications to significantly reduce losses from fraud and other crime. The financial institution will use the solution to proactively detect fraudulent activity, including ATM skimming and cash harvesting, at its ATMs and banking branches nationwide. The solution also enables the bank to exceed government-mandated requirements recently introduced to strengthen video surveillance standards in the Qatari banking sector.
OTTAWA, ONTARIO, April 27, 2012 –– March Networks® (TSX:MN) a global provider of intelligent IP video solutions, today announced that its court-approved arrangement with Infinova (Canada) Ltd. under the Canada Business Corporations Act (the “Arrangement”) has closed. Under the Arrangement, Infinova (Canada) Ltd., an indirect wholly-owned Canadian subsidiary of Shenzhen Infinova Ltd., has acquired all of the issued and outstanding common shares of March Networks for C$5.00 per share in cash.
OTTAWA, ONTARIO, March 27, 2012 –– March Networks® (TSX: MN), a global provider of intelligent IP video solutions and the #1 supplier of banking video surveillance systems in the Americas, is pleased to announce enhancements to its Searchlight applications portfolio to help banks and credit unions further reduce losses from ATM fraud, cash harvesting and other crime. The latest Searchlight features include a new color detection analytic, improved facial detection, and a new snapshot timeline that combine to triple an investigator’s search capabilities – allowing them to conduct fraud investigations even faster and build better case evidence.
OTTAWA, ONTARIO, March 27, 2012 –– March Networks® (TSX: MN), a global provider of intelligent IP video solutions, is pleased to introduce Command Lite – a free, entry-level version of its enterprise-class Command video management system (VMS). The software supports up to six video channels and seven days of storage, making it an ideal surveillance solution for businesses with limited camera and retention requirements, as well as organizations ready to evaluate an IP VMS solution in real-world environments. Command Lite installs in minutes, is easy to use, and incorporates the latest time-saving capabilities available with release 1.3 of the Command platform.
OTTAWA, ONTARIO, March 23, 2012 –– March Networks® (TSX:MN), a global provider of intelligent IP video solutions, today announced that it has obtained a final order of the Ontario Superior Court of Justice (Commercial List) (the “Court”) approving the previously announced arrangement under the Canada Business Corporations Act (the “Arrangement”) pursuant to which Infinova (Canada) Ltd. (“Infinova Canada”), an indirect wholly-owned Canadian subsidiary of Shenzhen Infinova Ltd. (“Shenzhen Infinova”), will acquire all of the issued and outstanding common shares of March Networks for C$5.00 per share in cash. Receipt of the final order follows the special meeting of shareholders of March Networks, held pursuant to an interim order of the Court, at which shareholders approved the Arrangement.
OTTAWA, ONTARIO, March 20, 2012 –– March Networks® (TSX:MN), a global provider of intelligent IP video solutions, today announced that, at a special meeting of shareholders held earlier today (the “Meeting”), the shareholders of March Networks Corporation (“March Networks”) voted to approve the previously announced arrangement under the Canada Business Corporations Act (the “Arrangement”) pursuant to which Infinova (Canada) Ltd. (“Infinova Canada”), an indirect wholly-owned Canadian subsidiary of Shenzhen Infinova Ltd. (“Shenzhen Infinova”), will acquire all of the issued and outstanding common shares of March Networks for C$5.00 per share in cash.
OTTAWA, Ontario, March 6, 2012 –– March Networks® (TSX:MN), a global provider of intelligent IP video solutions, today announced financial results for the fiscal quarter and nine months ended January 31, 2012. All figures are in US dollars and in accordance with International Financial Reporting Standards ("IFRS") unless otherwise specified.
OTTAWA, ONTARIO, March 6, 2012 –– March Networks® (TSX: MN), a global provider of intelligent IP video solutions, today announced that Christchurch International Airport Ltd. in New Zealand has standardized on the company’s IP video surveillance solution to support safety and security requirements across its operations. The March Networks Command™ video management software and high-definition IP cameras have provided such a high return in operational efficiencies that the solution is now a critical component of the airport’s overall business.
OTTAWA, ONTARIO, February 22, 2012 –– March Networks® (TSX:MN), a global provider of intelligent IP video solutions, announced today that it will release its third quarter fiscal year 2012 financial results on Tuesday, March 6, 2012 following the market close.
OTTAWA, ONTARIO, February 21, 2012 –– March Networks® (TSX: MN), a global provider of intelligent IP video solutions, today announced more than $2.5 million in orders from a top ten global financial institution for new video recording systems. The financial institution is deploying the hybrid network video recorders (NVRs) to outfit new retail banking branches, as well as existing branches as part of a planned upgrade program. In addition, it plans to use the company’s integrated Searchlight software applications in a number of locations to more aggressively reduce losses from ATM skimming, cash harvesting and other banking crime.
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