RONKONKOMA, N.Y., Aug. 15 /PRNewswire-FirstCall/ -- Sentry Technology
Corporation (OTC Bulletin Board: SKVY) announced today, the signing of a
contract for a trial installation of SentryVision(R) SmartTrack(TM)
traveling CCTV systems including OperationalVideo(TM) in one of America's
largest retailers, valued at approximately $100,000. The customer has more
than 4,000 stores and expects to use OperationalVideo(TM) as a tool to
provide improved information for business managers. OperationalVideo(TM)
delivers real-time images over the internet to help control safety and
security as well as remote viewing of store operations, merchandising,
signage, displays, pricing and employee procedure compliance.
Managers will have access to all store operations from the home office,
regional offices and any other 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.
"Managing retail operations using video is a new market that will be a
multi-billion dollar segment of the security industry and
OperationalVideo(TM) is gaining traction as a leading solution," said Peter
L. Murdoch, President and CEO of Sentry Technology Corporation. "We are
encouraged to be installing systems in a second major retailer this month.
Developing in-store applications for SmartTrack(TM) such as
OperationalVideo(TM) dramatically increases the size of our target market
compared to traditional installations in distribution centers alone.
OperationalVideo(TM) for this single customer is a multi-million dollar
opportunity."
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
|
