RONKONKOMA, N.Y., Oct. 10 /PRNewswire-FirstCall/ -- Sentry Technology
Corporation (OTC Bulletin Board: SKVY) announced today the signing of a
purchase contract with one of America's largest retailers to install a
second site with SentryVision(R) SmartTrack(TM) traveling CCTV systems
including OperationalVideo(TM). The order is valued in excess of $100,000
and is in addition to early customer acceptance of the initial trial
installation that was completed in September.
The customer has thousands of 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, the system
architecture allows security personnel 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.
"OperationalVideo(TM) is gaining traction as a leading solution in what
is forecasted to be a very large segment of the video industry," said Peter
L. Murdoch, President and CEO of Sentry Technology Corporation. "We are
excited that one of the country's largest retailers is moving forward with
a second OperationalVideo(TM) installation ahead of schedule. In less than
three months, two national retail chains have adopted our
OperationalVideo(TM) concept. Both customers expect to install additional
systems in 2008 for a combined total of more than 200 locations."
Sentry designs, manufactures, sells and installs a complete line of
Closed Circuit Television (CCTV) solutions, Electro-Magnetic (EM) and RFID
based Library Management systems including QuickCheck(TM) patron
self-service kiosks. 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. The CCTV product line features
SentryVision(R), SmartTrack(TM), a proprietary, patented traveling camera
system. OperationalVideo(TM), a Sentry innovation, uses SmartTrack(TM) to
deliver real-time images over the internet to help retailers control safety
and security as well as remote viewing of store operations, merchandising,
signage, displays, pricing and employee procedure compliance. 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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