Contract wins across APAC and EMEA

RNS Number : 6290Q

Digital Barriers plc

01 December 2016

 

1 December 2016

Digital Barriers plc

("Digital Barriers" or the "Group")

Contract wins across APAC and EMEA

Digital Barriers plc (AIM: DGB, the "Group"), the specialist provider of visually intelligent solutions to the global surveillance, security and safety markets is pleased to announce that it has secured contracts across EMEA and APAC. The total value of these contracts is approximately £1.75 million and includes:

·     First major contract win for body-worn video surveillance. The multi-year contract, with a major Asia Pacific law enforcement agency, is valued at approximately £1.0 million.

·     €0.35 million award for immediate delivery under multi-year counter terrorism framework agreement for the Group's facial recognition solution with European Ministry of Defence worth up to €3.5 million.

·     Initial contract valued at £0.4 million with a flagship Middle East government agency for EdgeVis Live surveillance solutions to enhance operational capabilities.

Zak Doffman, Chief Executive Officer of Digital Barriers, commented:

"Our body-worn video and facial recognition solutions have only recently been launched by the Group, so this is an important moment for us. The deals should act as a reference point for other customers, helping to drive material revenues over the coming years. This year we have built strong relationships in APAC and EMEA with major government clients, looking to further embed our solutions across an ever broader client base. These contract wins, all of which are with new customers, are a clear indication of that progress and we are now focused on converting a strong pipeline and generating follow-on sales for our full suite of solutions."

For further information please contact:
Digital Barriers plc	[phone]
Zak Doffman, Chief Executive Officer
Sharon Cooper, Chief Financial Officer
Investec Investment Banking (NOMAD & Broker)	[phone]
Andrew Pinder / Dominic Emery / Patrick Robb
FTI Consulting LLP	[phone]
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

 

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