In the quarter ended June 30, Hamilton, Bermuda-based Ingersoll-Rand earned $US286.2 million, or $US1.63 a share, on revenue of $US2.71 billion. In the same period last year, it earned $US139.3 million, or 81 cents a share, on revenue of $US2.43 billion. Ingersoll-Rand earned $US1.43 from continuing operations in the latest quarter. In the six months ended June 30, Ingersoll-Rand earned $US465.7 million, or $US2.64 a share, on revenue of $US5 billion. In the same period last year, it earned $US292.5 million, or $US1.72 a share, on revenue of $US4.55 billion.
"Even as smart card manufacturers remain wary of rival technologies, the ability of smart cards to host multiple applications is expected to give them an edge over other technologies," says Frost & Sullivan Research Analyst Karthik Nagarajan.
Capable of balancing initial costs with the highest security architecture, smart cards provide a proven cost-effective solution. Further, they can be integrated with competing technologies to derive maximum benefit as they are highly flexible and can be easily modified and upgraded to complement other systems.
For instance, though USB is a potentially rival technology, USB dongles using embedded smart cards in SIM format increase overall efficiency. These USB tokens use a smart card-based network login system that eliminates the need for an actual card reader. The device can be plugged into a computer's standard USB port to authenticate users and digitally sign sensitive business transactions.
The one-year contract, which is renewable annually for up to four more years, includes panel repairs, upgrades or additions as needed to establish communications between each of the USPIS locations with the National Law Enforcement Communications Centers (NLECC).
"The U.S. Postal Inspection Service is pleased to partner with Diebold," said Darryl Burns, manager, National Law Enforcement Control Center Project at USPIS. "We're certain this partnership will enhance our physical security efforts."
The program will connect intrusion detection systems -- already in place at approximately 11,000 post offices -- to the Inspection Service National Law Enforcement Control Centers for alarm monitoring. Diebold will also repair and upgrade the Bosch Radionics systems at postal facilities in all 50 states.
Meanwhile, investment in research and development increased year-over-year to $US241,000 from $US178,000 for the quarter ended June 30, 2003. The increases relate to added personnel and current product development activity costs in our departments for both Extreme and Derwent for REG-ALERT(TM) software and many new product development initiatives. Research and development is an important component for continued growth for Extreme. The company's cash position at June 30, 2004 was $US4.0 million as compared to $US4.1 million as at the company's fiscal year end of September 30, 2003.
Now CANASA National President Angelo Bucciarelli says he’s looking forward to working with the CFD on a cooperative solution. “We clearly support the principle of faster response, but they were going to jeopardize the success of the program if they did not have the involvement of the industry,” he said. “The industry's preference would definitely not be to see fire departments creating their own monitoring stations. Instead, fire departments should work more proactively with the monitoring industry.”
The CX-450P pallet system incorporates both a proprietary dual-view and dual-energy capability - technologies which couple high-resolution imaging with the ability to discriminate varying materials. With material discrimination, screeners can qualify organic and inorganic matter, a critical competency aiding in detection of illegal drugs, firearms, or other contraband often found when screening high-risk vessels and cargo at borders around the world.
"L-3 Communications has been working diligently with the Australian Customs Service to find a versatile screening solution capable of meeting the border authorities specific needs," said Al Barber, senior vice president and general manager of L-3 Security and Detection Systems. "The CX-450P is a robust, high-technology cargo system designed to provide clear, detailed imaging that can easily be used to verify manifest paperwork."
Mr. Jacob Even-Ezra, Chairman of Magal, stated: "Although the DreamBox was launched at the end of March 2004, our expectations were that sales of the DreamBox would not start until the end of 2004. We are pleased that our investment in the marketing of this new product has already begun to pay off. We expect that this system will be installed at the client's site before the end of 2004."
In the report, "Federal Telecommunications MarketView," INPUT predicts homeland security, e-government, force transformation in the Department of Defense, and telecommuting will continue to drive the market. "Telecommunications stands out as one of the main technology segments that is seeing increases in near term spending due to homeland security initiatives," said Chris Campbell, senior analyst, federal market analysis at INPUT. "Telecommunications will support information sharing goals between agencies as well as communications between federal agencies and first responders at the state and local government level." Federal spending on telecommunications represents approximately 26% of the total federal IT spending in FY2004.