Digital Barriers wins £1.9m of Asia Pacific contracts

1st Dec 2015 08:27

(ShareCast News) - AIM-listed Digital Barriers said it has won two contracts in the Asia Pacific region, valued at a total of £1.9m.The first contract is a follow-on deal with a defence agency in Asia Pacific to supply its integrated surveillance platform for a maritime security zone, valued at £1.45m.The product provides real-time video surveillance and intrusion alerts for remote and inaccessible locations.It also enables live video streaming and intrusion data to be shared at local, regional and national levels across multiple agenciesThe new deal followed on from an initial contract secured in June 2015 for £0.3m, which was delivered in the first half of the year.The company said the new contract represents a material scale-up of this relationship with further significant awards expected in 2016 and beyond.The second contract is with a government agency in Asia Pacific for its ThruVision solution in a deal valued at £0.45m.ThruVision reveals person-borne threats to life or illicit goods concealed under clothing, and can detect metal and 3D-printed guns, liquid and solid explosives, and trafficked contraband such as currency and drugs through multiple layers of clothing at stand-off distances of 10 to 15 metres.Digital Barriers chief executive Zak Doffman said the two deals demonstrate the company's strong sales momentum."We secured more than £3m of new sales in November, and our year-to-date sales for delivery this year have increased 57% overall on the same period last year, and 140% in our international business."All of this gives us increasing confidence in an operationally break-even second half to the financial year."