OTTAWA, ONTARIO, July 23, 2010 ––March Networks® Corporation (TSX: MN) (“March Networks” or the “Corporation”) today announced that it has entered into a shareholder rights plan agreement (the “Rights Plan”) to encourage the fair treatment of shareholders in any takeover offer for the Corporation. The Rights Plan is effective immediately and will provide the board of directors of March Networks and the shareholders more time to consider fully any unsolicited take-over bid for the Corporation. It will also allow more time for the board of directors to pursue other alternatives to maximize shareholder value, if appropriate. Shareholders will be asked to confirm the rights plan at the next annual and special meeting of the shareholders scheduled to be held on August 26, 2010.
OTTAWA, ONTARIO, July 22, 2010 –– In contracts worth approximately $9 million, March Networks® (TSX: MN), a global provider of intelligent IP video solutions, today announced that one of the world’s largest retailers is expanding its relationship with the company across its U.S. operations. The customer has placed orders to deploy March Networks’ video management software and hybrid NVRs in new and existing store locations, as well as in its membership warehouse stores nationwide. In addition, it continues to upgrade its sizable installed base of March Networks systems. Delivery of the software and systems will commence during March Networks’ current fiscal quarter.
OTTAWA, ONTARIO, June 21, 2010 –– March Networks® (TSX: MN), a global provider of intelligent IP video solutions, today announced that high-quality surveillance video from its Mobile Solution led Orange County officials to a man suspected in an alleged molestation of a teenage girl on an Orange County Transportation Authority (OCTA) bus. The successful use of the video evidence marks the third time March Networks technology has been used in recent, high-profile cases to deliver a greater level of protection to communities through the apprehension of suspects. Clear video from March Networks systems recently led to an arrest and guilty plea in a shooting on a Toronto Transit Commission (TTC) bus, and to the arrest in a separate incident of a man suspected of setting a TTC bus on fire.
OTTAWA, Ontario, June 9, 2010 –– March Networks (TSX:MN), a global provider of intelligent IP video solutions, today announced financial results for the quarter and fiscal year ended April 30, 2010. All figures are in Canadian dollars and in accordance with Canadian GAAP unless otherwise specified.
OTTAWA, ONTARIO, May 27, 2010 –– March Networks® (TSX:MN), a global provider of intelligent IP video solutions, announced today that it will release its fourth quarter and fiscal year 2010 financial results on Wednesday, June 9, 2010 following the market close.
OTTAWA, ONTARIO, April 22, 2010 –– March Networks® (TSX: MN), a global provider of intelligent IP video solutions, today announced that a top ten global financial institution will deploy the March Networks VideoSphere® Banking solution across more than 2,000 U.S. banking locations. The company expects to complete the delivery of the order, which is valued at over $7 million, during the next 12 months.
OTTAWA, ONTARIO, March 24, 2010 –– March Networks® (TSX: MN), a global provider of intelligent IP video solutions, is pleased to introduce new products to its VideoSphere® Intelligent Video Management portfolio this week at the ISC West International exhibition. The company will demonstrate four new, high-performance edge devices that increase the breadth of its outstanding line of IP cameras and encoders/decoders. It will also showcase enhancements to its market-leading 4000 C Series hybrid recording platforms, which are currently deployed by top financial, retail and commercial-industrial organizations worldwide.
OTTAWA, ONTARIO, March 10, 2010 – March Networks® is pleased to welcome Luigi Portaluri to its sales management team in the position of Vice President, Sales for the company’s Europe, Middle East and Africa (EMEA) operations.
OTTAWA, ONTARIO, March 2, 2010 –– March Networks® (TSX: MN), a global provider of intelligent IP video solutions, today announced that the Casino de la Vallée is using the company’s VideoSphere® solution to meet the demanding surveillance requirements of its popular gaming venue in Saint-Vincent, Valle D’Aosta, Italy. Equipped with more than 380 VideoSphere IP cameras, Video Management System (VMS) software and an integrated control room application, VideoSphere delivers powerful live monitoring and archiving capabilities for asset protection, dispute resolution and security.
OTTAWA, Ontario, February 24, 2010 –– March Networks® (TSX:MN), a global provider of intelligent IP video solutions, today announced financial results for the quarter and nine months ended January 31, 2010. All figures are in Canadian dollars and in accordance with Canadian GAAP unless otherwise specified.
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