Company Posts 700 Percent Revenue Growth Over Four Years
In fiscal 2008, March Networks recorded sales of
Building on its strong position providing networked video recording platforms to many of the world's largest financial, retail and transportation organizations, March Networks has dramatically expanded its addressable market through the development of an end-to-end portfolio of IP video management solutions. March Networks systems are used by leading organizations including
During the past three years, the Company has also increased its global presence significantly by establishing new offices in
"This award is really in recognition of the dedication and hard work of everyone at March Networks," said
About March Networks
March Networks(R) (TSX:MN) is a leading provider of intelligent IP video and business analysis applications that enable organizations to reduce losses, mitigate risks and improve security and operational efficiency. The Company's advanced software suite includes enterprise-class video management, powerful analytics and comprehensive managed and professional services. Its software and systems are used by leading financial institutions, retailers, transportation authorities and other organizations in more than 50 countries. For more information, please visit www.marchnetworks.com.
This release contains certain forward-looking information, including expectations of future business. This information is based on the Company's current expectations and assumptions that are subject to a variety of risks and uncertainties that are difficult to predict and that may be beyond March Networks' control. Actual results could differ materially from those expressed in any forward-looking statements due to factors such as customer demand and timing of purchasing decisions, increased levels of competition, technological changes and the successful development of new products, dependence on third-party manufacturers, risks relating to intellectual property infringement claims, and other risks and factors identified in March Networks' public filings with regulatory authorities in
* MARCH NETWORKS and the MARCH NETWORKS logo are registered trademarks of March Networks Corporation. All other trademarks are the property of their respective owners.
SOURCE MARCH NETWORKS CORPORATION