Sentry Technology Receives $230K VideoRailway(TM) Order
30 Luglio 2013 - 4:09PM
Marketwired
Sentry Technology Corporation (OTC Pink: SKVY) today announced the
receipt of a $230,000 purchase order from one of America's largest
fashion retailers to install eight VideoRailway™ (VR) systems.
VideoRailway is the Company's newest traveling camera technology
featuring an HD/IP, pan tilt and zoom camera that travels along a
rail suspended from the ceiling. A combination of straight and
curved rail segments can create a "U" as well as a completely
closed loop. By turning corners, a single camera views a much
larger area with minimal additional expense.
The VideoRailway systems will enhance security in the retailer's
expanding fulfillment center that services orders placed on-line.
Fulfillment centers have hundreds of merchandise aisles where
workers pick individual items for delivery by courier directly to
customers. The VR camera provides the operator with the exact
viewing angles needed and patrols every aisle at a significantly
lower cost compared to installing hundreds of fixed cameras
throughout the facility. The VR systems will interface with the
customer's IP video management software for seamless operation with
other security devices.
"We are pleased to receive our first order for multiple
VideoRailway systems to be installed at a major retailer," said
Peter Murdoch, President and CEO of Sentry Technology. "This
business is in advance of the official launch of the VR system
scheduled for early September. Thousands of our SmartTrack, analog
traveling CCTV systems have been installed worldwide and we believe
that the new VideoRailway design addresses a much larger market,
offering a great opportunity to grow our business."
Sentry Technology Corporation designs, manufactures, sells and
installs Closed Circuit Television (CCTV) solutions,
Electro-Magnetic (EM) and RFID based Library security and
self-service systems. Our CCTV product line features VideoRailway™
and SmartTrack™, a proprietary, traveling camera technology. Our
OperationalVideo™, OVportal™ software application assists retailers
with on-line management of safety and security, merchandising
audits and employee procedure compliance. Products are used by
libraries to secure inventory and improve operating efficiency, by
retailers to deter theft and enhance productivity, and by
industrial/institutional customers to protect assets and people.
More information can be found at www.sentrytechnology.com.
This press release may include information that could constitute
forward-looking statements made pursuant to the safe harbor
provision of the Private Securities Litigation Reform Act of 1995.
Any such forward-looking statements may involve risk and
uncertainties that could cause actual results to differ materially
from any future results encompassed within the forward-looking
statements. Factors that could cause or contribute to such
differences include those matters disclosed in the Company's
Securities and Exchange Commission filings.
CONTACT: Peter L. Murdoch President & CEO (631) 739-2000
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