Export Development Canada and Secure City Technology Alliance to Work Actively Together on Developing and Funding Projects Worldwide

Dec 01, 2010, 09:00 ET from Secure City Technology Alliance

OTTAWA, Dec. 1 /PRNewswire/ - The Secure City Technology Alliance (SCTA), an association of technology and market leaders in the physical security and telecommunications industries, is pleased to announce that Export Development Canada (EDC) has agreed to engage its international customers and projects to help introduce the SCTA offering and solutions. In addition, SCTA will recommend projects to the EDC for financial support. The partnership enables SCTA to actively engage cities, municipalities, large systems integrators and telecom operators to help develop and fund large-scale secure city implementations.   

EDC, a Crown corporation wholly owned by the Government of Canada, undertook more than CAD 80 billion in total business volume in 2009. EDC can fund transactions ranging from hundreds of thousands to hundreds of millions of dollars. SCTA will work closely with EDC to review financing options for its projects, and assess previously funded EDC projects where SCTA technologies are applicable in order to identify additional business opportunities.

"EDC's mandate is to provide commercial solutions and advice to globally-minded Canadian companies to help them succeed internationally," said Eric Siegel, President and CEO, EDC. "The Secure City Technology Alliance is a great opportunity to support a diverse group of Canadian companies delivering integrated, best-of-breed technology to a large and growing global market."

"The alliance encounters many public security projects that, given their comprehensive scale, require advanced expertise as well as secure financing options," said Terry Matthews, SCTA Chairman. "This partnership accelerates the SCTA's ability to move forward with these opportunities by providing extended financing and support."

SCTA solutions are well suited to city or municipal wireless and surveillance deployments, emergency and first responder unified communications, large area sensor management, and large or distributed campus security systems such as those required for airports, seaports, rail and subway networks, power plants and grids, oil and gas installations, industrial centers, hospital systems, educational campuses, correctional facilities and recreational venues.

"We are excited to share this EDC financing opportunity and initiate new projects working with our integration partners and customers globally," said Robert Wu, SCTA Managing Director.

About SCTA
The Secure City Technology Alliance (SCTA) is an association of technology and market leaders in the physical security and telecommunications industries. SCTA is focused on providing governments around the world with interoperable, city-wide security solutions that can be rapidly deployed, easily managed and will enable instant coordination for dramatically improved public safety and emergency response. SCTA members work with systems integrators and consultants to deliver end-to-end wireless solutions that support integrated voice communications, video surveillance, sensor monitoring, mass notification and telecollaboration capabilities. SCTA founding members comprise industry leaders in wireless networks and services, video surveillance, and data and voice networking, and include: BelAir Networks, Benbria, Bridgewater Systems, DragonWave Inc., March Networks, Mitel, Solace Systems and the Wesley Clover Group. For more information, visit www.securecitytechalliance.com.

About Export Development Canada
Export Development Canada (EDC) is Canada's export credit agency, offering innovative commercial solutions to help Canadian exporters and investors expand their international business. EDC's knowledge and partnerships are used by more than 8,400 Canadian companies and their global customers in up to 200 markets worldwide each year. EDC is financially self-sustaining and a recognized leader in financial reporting and economic analysis.

SOURCE Secure City Technology Alliance