RONKONKOMA, N.Y., April 18 /PRNewswire-FirstCall/ -- Sentry Technology
Corporation (OTC Bulletin Board: SKVY) announced today, the signing of a
$1,400,000 contract to sell more than 100 SentryVision(R) SmartTrack(TM)
traveling camera systems to the Mexico City Subway system via one of its
Spanish dealers. The contract was won in competition with more than 30
companies.
SmartTrack(TM) uses patented technology to transmit video images from
two pan, tilt and zoom cameras traveling along an aluminum rail mounted on
the ceiling. The camera carriage travels at high speeds and provides
unobstructed views of people, goods and processes. Systems will begin
shipping in May with the entire contract completed before the end of
September 2008.
The Mexico City Subway is 201 Km in length with 11 lines and 175
stations. It transports more than 1.4 billion passengers annually making it
one of the world's largest subway systems.
"We are very pleased to win this prestigious international contract,"
said Peter L. Murdoch, President and CEO of Sentry Technology Corporation.
"The public transportation market is a growth opportunity for Sentry. Smart
Track is well suited to this sector and we expect that other business will
follow from this success both in Mexico and in other countries where the
company is soliciting business."
Sentry Technology Corporation 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, 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
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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
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