The enterprise-class system installation includes Vicon’s state-of-the-art end-to-end Valerus video surveillance security system and Roughneck AI cameras, as well as servers to support a large increase in storage hardware. The order is expected to be fulfilled in the third quarter of the calendar year. Details of the customer were not provided due to confidentiality agreements in place.
“Vicon continues to expand rapidly on strong demand and sales execution, leveraging its advanced surveillance technology to attract customers,” said Saagar Govil, Chairman and CEO of
Vicon offers customers a complete solution with the ability to monitor license plates (LPR), access control and video management, all from Valerus. Its sophisticated – yet simple and flexible – interface helps users monitor and investigate video, audio, alarms, access control, license plate recognition and system health — all without changing windows or systems.
“The escalating need for technology solutions within correctional facilities has become evident in recent years, transforming the way these institutions operate and interact with their environments. With older systems needing replacement, technology systems like Valerus offer innovative tools for enhancing security, communication, and operations. Our correctional customers are increasingly recognizing the urgency of embracing technology to address complex issues and create safer, more effective environments within their facilities. With Vicon’s 55 years of experience and best-in-class offering, we expect additional Vicon orders ahead, driving revenue and momentum,” concluded Govil.
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Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the closing of the offering, gross proceeds from the offering, our new product offerings, expected use of proceeds, or any proposed fundraising activities. These forward-looking statements are based on management’s current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by such forward looking statements. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. These risks and uncertainties are discussed under the heading “Risk Factors” contained in our Form 10-K filed with the
Investor RelationsChris Tyson Executive Vice President –MZ North America Direct: 949-491-8235 CETX@mzgroup.us www.mzgroup.us
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