RCS - Digital Barriers plc - BT Redcare Contract Extension <Origin Href="QuoteRef">DGB.L</Origin>
RNS Number : 6068JDigital Barriers plc13 September 2016RNS REACH
13 September 2016
Digital Barriers plc
("Digital Barriers" or the "Group")
BT Redcare Contract Extension
- 2.0 million supplier contract extension secured with BT Redcare -
Digital Barriers plc (AIM: DGB), the specialist provider of visually intelligent solutions to the global surveillance, security and safety markets, is pleased to announce the extension of its supplier contract, first agreed in August 2013, with BT Redcare. The increased level of commitment in the contract extension demonstrates the growing demand for the Group's technologies in the UK public safety market.
Under the terms of this contract, the Group's class-leading EdgeVis Live wireless video surveillance products and services are marketed as "Redcare View." Today's contract extension secures a minimum order commitment from BT Redcare of 2.0 million over three years, and includes the launch of a high-definition variant of the Group's class-leading Minicam wireless surveillance camera.
Zak Doffman, Chief Executive Officer of Digital Barriers commented:
"We are delighted to continue our relationship with BT Redcare, under which our technology is supplied to the UK public safety market through the UK's market leader with unrivalled brand and reach. This announcement is a further illustration of our continued momentum with major industry partners based on the unique capabilities of our core technologies."
For further information please contact:
Digital Barriers plc
+44 (0)20 3553 5888
Zak Doffman, Chief Executive Officer
Sharon Cooper, Chief Financial Officer
Investec Investment Banking
+44 (0)20 7597 5970
Andrew Pinder / Dominic Emery
FTI Consulting LLP
+44 (0)20 3727 1000
Edward Bridges / Matt Dixon
About Digital Barriers:
Digital Barriers provides visually intelligent solutions to the global surveillance, security and safety markets. We deliver zero-latency streaming and analysis of secure video and related intelligence over wireless networks, including cellular, satellite, IP mesh and cloud, utilising significantly less bandwidth than standard technologies.
Our rapidly-installed fixed and mobile solutions for covert, remote and wide-area deployments, as well as vehicle and body-worn applications, have been sold into more than fifty countries, and have been proven in some of the world's most demanding operational environments. We also provide advanced video content analysis and body scanning to identify safety concerns and threats in real-time.
www.digitalbarriers.com
This information is provided by RNSThe company news service from the London Stock ExchangeENDNRAEASNAFLAKEFF
Recent news on Thruvision
See all newsREG - Thruvision Group PLC - Year-end trading update
AnnouncementREG - Thruvision Group PLC - WalkTHRU completes operational test and evaluation
AnnouncementREG - Thruvision Group PLC - Next generation product range & software launched
AnnouncementREG - Thruvision Group PLC - Sales Progress Update
AnnouncementREG - Thruvision Group PLC Schroders PLC - Holding(s) in Company
Announcement