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Clearfix
Wed
03
Nov
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Brinks Grows 20 Per Cent

Revenue in the third quarter of 2004 increased 20% over last year's third quarter to $1.20 billion, reflecting improvement in each of the Company's business units. Revenues at Brink's, Incorporated and BAX Global also benefited from stronger European currencies relative to the U.S. dollar.

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The Company reported operating profit of $58.7 million for the quarter ended September 30, 2004, up from $22.4 million in the year earlier period. The operating profit increase reflects strong performance in International operations at Brink's, Incorporated, continued subscriber growth and solid operational execution at Brink's Home Security and increased freight volumes in the <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Americas and Asia at BAX Global.

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Wed
03
Nov
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Csiro Air Cargo Scanner A World First

Called an 'Air Cargo Scanner', a device developed by CSIRO in <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Australia can accurately and rapidly detect illicit drugs and explosives concealed inside air freight containers.

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The Australian Customs Service and CSIRO have already successfully prototyped and tested the unique Scanner which uses world-first neutron technology developed by CSIRO's On-Line Analysis and Control (OLAC) team at LucasHeights.

The team has an international reputation for developing novel instrumentation for the minerals and energy industries - the Scanner is one of their many successes.

The neutron technology is non-intrusive to minimise the impact of security measures on rapid freight movement, and it is estimated that scanning an air freight container will take less than two minutes.

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Wed
03
Nov
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Viisage 3Q Revenues Up 97 Per Cent To US20 Million

The net income for the third quarter of 2004 was $US198,000, or $US0.00 on a basic and diluted share basis, compared to a net loss of $US389,000, or $US0.02 per basic and diluted share, for the third quarter of 2003.

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The Company's third quarter results do not reflect any contribution from the recent acquisition of Imaging Automation (iA); financial results for iA and Viisage will be combined from October 5, 2004, the date the transaction was completed.

On December 30, 2003, Viisage adopted new accounting rule EITF 00-21, "Accounting for Revenue Arrangements with Multiple Deliverables," which pertains to revenue recognition for certain long-term contracts, such as Viisage's state drivers' licenses, retroactive to January 1, 2003.

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Wed
03
Nov
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Photo Id Licenses For Queensland Security People

Introduction of the ID cards will occur over the next 12 months, with all new licensees receiving the new IDs, and current licensees receiving theirs on renewal.

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The cards will include details such as licence class, licence number, expiry date, licensee's name, photograph, and any conditions of the licence, reports ASIAL's website.

According to the ASIAL release: "All security officers must carry a licence with them at all times while on duty. Crowd controllers must also wear identification with the word "SECURITY" on their clothing so the public can easily identify them.

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Wed
03
Nov
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Bewator Acquires IP CCTV Player, Antech

Bewator also announced today that it has divested its Business Area Parking (Cale Access AB) to Swedish Mellby Gård <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />IndustriAB, that also is part owner of Bewator Group. Bewator is thereby concentrating all its operations to the growing access security market. 

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Antech is a market leader in the distribution of video security products in Scandinavia. Founded in 1988, the company has built a market leading distribution business in video security products in Denmark and Sweden. The company has 17 employees and has its headquarters in Brøndby, Copenhagen.

Through this acquisition Bewator continues to strengthen its market position in access security solutions in the Nordic region.

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Mon
01
Nov
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New Non-Lethal Defence From Mace

Mace's new advanced product is a sticky gel that has a 10% pepper formulation. The sticky gel can be contained in various sized canisters, and is propelled out of the canister by compressed air.

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The product is a less-than-lethal personal defense device that has the ability to neutralize an assailant from up to 25 feet away. Mace believes that there are no other less-than-lethal personal defense devices on the market, including a stun gun, Taser(R) (1) and similar weapons, with the ability to neutralize an assailant from this distance.

The new product, which will be called Mace Gel(TM) in the civilian market and Pepper Gel(TM) in the law enforcement and military market, has been tested and will be launched into the marketplace this quarter.

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Mon
01
Nov
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Indala Teams With Philips

“The combination of two RFID technology leaders like Philips and Indala is impressive to say the least,” said Marc Freundlich, Indala president. “Philips’ worldwide leading contactless MIFARE platform has a strong track record in Europe and <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Asia.  And in the U.S. market, MIFARE DESFire is the first secure contactless smart card chip solution to meet the Government Smart Card Interoperability Standard (GSC-IS). There is no doubt that Indala customers worldwide will benefit from this alliance, and can be assured of a broad range of high quality product solutions from Indala in the near future,” he continued.

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Mon
01
Nov
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Tyco Revenue Grows 13 Per Cent - US40.2 Billion For 2004

Included in EPS were net charges totaling $0.23 per share consisting of $0.11 per share for early retirement of debt, $0.05 per share from the restructuring program and $0.07 per share from divestitures.

Revenue grew 13 percent to $10.4 billion, with organic revenue growth of 7 percent in the quarter. Net income was $454 million, compared with a net loss of $297 million in the fourth quarter of 2003. <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Cash flow from operating activities totaled $1.4 billion and the company had free cash flow of $1.4 billion in the quarter. Both were reduced by approximately $400 million due to voluntary pension contributions.

For the full year, the company had revenue of $40.2 billion, with organic revenue growth of 5 percent. Diluted GAAP EPS was $1.35 per share compared with $0.49 per share in 2003.

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Sun
31
Oct
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Whitehead Joins Diebold

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Whitehead has extensive experience in the surveillance industry. You can contact him on 0408 518 890 or at swhitehead@vangren.com.

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Sun
31
Oct
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New System Sees Crime On Audiotape

Investigators take high resolution images to produce a 3D computerized rendering of smudges for more intensive analysis.

The result is a real-time magnetic imaging system that enables criminal investigators to “see” signs of tampering in audiotapes—erasing, overdubbing and other alterations—while listening to the tapes has been developed by researchers at the National Institute of Standards and Technology (NIST).

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The new system, which permits faster screening and more accurate audiotape analysis than currently possible, was recently delivered to the Federal Bureau of Investigation (FBI) and will be evaluated for its possible routine use in criminal investigations.

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