18th Jun 2007 10:00
SerVision plc18 June 2007 SerVision Plc ("SerVision" or "the Company") SerVision agrees distribution deals in USA and France SerVision Plc, the AIM listed leading developer and manufacturer of digitalsecurity systems, is pleased to announce that it has signed distributionagreements in both France and the USA with a combined total value to the Companyof over $700,000 in the first full year. In France, the Company has agreed terms with the distributor MPLC to deliver$400k of SerVision products by the end of the calendar year, whereby SerVisionwill provide its entire range of SVG, IVG and HVG equipment as well as thenecessary technical training and operational assistance, concentrating on itsthree core markets - commercial, transportation and residential. In the USA, a similar deal has been agreed with SGI Ltd with a value of $300k toSerVision over an initial twelve month period. Gidon Tahan, SerVision's Chairman and CEO, commented: "We are delighted withboth of these agreements which continue the sales momentum that SerVision hasexperienced recently. We are confident that the quality of our products willcontinue to attract greater awareness, allowing us to expand our geographicalreach and market penetration even further." - Ends - Further enquiries: SerVision plc +972 2535 0015Eitan Yanuv, Finance Director HB Corporate 020 7510 8598Jim McGeever Threadneedle Communications 020 7936 9605Graham Herring/Josh Royston About SerVision SerVision Ltd. is a leading producer of remote video surveillance products using dependable, digital wireless video technologies. Its world class R&D team, with their combined experience of over 50 years in the video compression and wireless communications industry, has developed the world's first completely integrated wireless video monitoring platforms. SerVision's products are advanced and fully integrated video monitoring systems that use highly sophisticated video processing and encryption with state-of-the-art cellular/wireless communication. SerVision's products are compact DVR / video gateways that combine security functionality with the highest level of video streaming performance in a compact stand-alone unit. They bring to the market a ready and easy-to-use remote video monitoring platform. With a worldwide business development team, SerVision is targeting the SOHO, medium and large sized enterprises, remote site and institutional monitoring markets. Established in 2000, SerVision has R&D facilities in Israel, and offices in USA, Europe as well as in Mexico. It partners with distributors and integrators around the world. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Servision PLC