RONKONKOMA, N.Y., Feb. 4 /PRNewswire-FirstCall/ -- Sentry Technology
Corporation (OTC Bulletin Board: SKVY) announced today the successful
installation of its OperationalVideo(TM) security and business management
solution in a total of 35 store locations for two large national retailers.
The total value of systems installed is approximately $2.5 million.
OperationalVideo(TM) delivers real-time images over the internet using
Sentry's SmartTrack(TM) traveling camera system and digital video server to
help control safety and security as well as remote viewing of store
operations, merchandising, signage, displays, pricing and employee
procedure compliance.
Managers now have access to all store operations from the home office,
regional offices and any fixed or mobile location equipped with an internet
connection. As well, security personnel are able to walk the floor
interacting with staff and customers while maintaining control of the
SmartTrack(TM) system using a wireless PDA. Video is managed via the
SentryVision(R) Server, a network device that provides real-time remote
viewing and user passwords to manage hierarchal control of the system.
"Both of our customers have significantly increased theft apprehension
rates and are implementing improved operational controls in locations using
OperationalVideo(TM)," said Peter L. Murdoch, President and CEO of Sentry
Technology Corporation. "The success of these first installations has
exceeded our expectation. We anticipate that both initial customers will
install systems in greater numbers in 2008. This represents an opportunity
for millions of dollars of increased revenue over 2007 levels. Now that the
company has market proven OperationalVideo(TM) results, new sales cycles
have begun with several of our multi-billion dollar retail customers based
in the US and Europe."
Sentry designs, manufactures, sells and installs a complete line of
Closed Circuit Television (CCTV) solutions, Electro-Magnetic (EM) and RFID
based Library Management systems as well as Radio Frequency (RF) and
Electro- Magnetic (EM) EAS systems. The CCTV product line features
SentryVision(R), SmartTrack(TM), a proprietary, patented traveling
Surveillance System. The Company's products are used by libraries to secure
inventory and improve operating efficiency, by retailers to deter
shoplifting and internal theft and by industrial and institutional
customers to protect assets and people. For further information, please
visit our website at http://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.
SOURCE Sentry Technology Corporation
 back to top
Related links:
http://www.sentrytechnology.com
http://www.prnewswire.com/comp/494538.html /
CONTACT:
Peter L. Murdoch, President & CEO of Sentry
Technology Corporation, +1-631-739-2100
|
