March Networks Tops 400 Global Financial Customers

Over 75 banks and credit unions switch to March Networks in past 18 months

OTTAWA, Oct. 4 /CNW Telbec/ - March Networks^® (TSX: MN), a global provider of intelligent IP video solutions, today surpassed the 400th financial customer milestone with the announcement that U.S.-based Community Bancshares, Inc. has selected a comprehensive March Networks Financial Solution to augment security and stem losses associated with fraudulent transactions, ATM skimming and other crimes.

Community Bancshares, Inc. is one of more than 75 institutions to switch to the company's industry-leading Financial Solutions in the past 18 months. It joins a growing community of March Networks banking customers that includes four of the top 10 U.S. banks, three of Mexico's five leading banks, a majority of the "Big Five" Canadian banks, and top financial institutions in Australia, New Zealand, the United Arab Emirates, Denmark and Italy, as well as hundreds of regional banks and credit unions.

"Banks worldwide are losing more than $1 billion annually from credit card fraud and electronic crime associated with ATMs," said Paul Novak, March Networks' General Manager, Global Financial Solutions. "Increasingly, they are turning to March Networks for powerful analytics and case management tools to better detect and prevent fraudulent activity, and drive profitability as a result. Combined with our highly-reliable video surveillance systems, these advanced applications deliver the business intelligence that banks consider critical to their efficient operation and are once again investing in as the economy improves."

March Networks has evolved its Financial Solutions offering over nearly a decade to meet the specific requirements of the financial industry. The solutions include enterprise-class video management and hybrid recording systems, high-definition IP cameras and intelligent video analytics. They also include integrated applications for fraud detection and prevention, such as Financial Transaction Investigation (FTI) software, which synchronizes ATM and teller transaction records with recorded video evidence, enabling fraud investigators to conduct investigations quickly, lower the cost per investigation, and build stronger case evidence to support successful prosecutions.

"The March Networks systems have a proven reputation for reliability," said Jonathan White, Chief Information Officer, Community Bancshares, Inc., which is working with March Networks certified provider Red Hawk Industries, a UTC Fire and Security Company, to deploy the financial solution. "The centralized management capability, combined with advanced fraud detection applications, means that we will see a return on our surveillance investment more quickly compared with the other systems we reviewed."

To see a live demonstration of the company's Financial Solutions, visit March Networks in Booth 532 at the ASIS International Seminar and Exhibits, October 12-14, at the Dallas Convention Center in Dallas, Texas. To learn more about the portfolio, visit March Networks on YouTube.

About March Networks
March Networks(R) (TSX:MN) is a global provider of intelligent IP video solutions. For close to a decade, the company has helped some of the world's largest commercial and government organizations transition from traditional CCTV to networked video surveillance used for advanced security, loss prevention and risk mitigation. VideoSphere(R), the company's enterprise-class video management portfolio, includes open-platform VMS software complemented by high-definition IP cameras, encoders, video analytics and recording platforms, as well as outstanding professional and managed services. March Networks systems are delivered through an extensive distribution and partner network and currently support over one million channels of video in more than 50 countries. For more information, please visit www.marchnetworks.com.

Forward-Looking Statements
This release contains certain forward-looking information, including expectations of future business. This information is based on the Company's current expectations and assumptions that are subject to a variety of risks and uncertainties that are difficult to predict and that may be beyond March Networks' control. Actual results could differ materially from those expressed in any forward-looking statements due to factors such as customer demand and timing of purchasing decisions, increased levels of competition, technological changes and the successful development of new products, dependence on third-party manufacturers, risks relating to intellectual property infringement claims, and other risks and factors identified in March Networks' public filings with regulatory authorities in Canada. March Networks assumes no obligation to update these forward-looking statements as a result of new information or future events.

*MARCH NETWORKS, and the MARCH NETWORKS logo are registered trademarks of March Networks Corporation. All other trademarks are the property of their respective owners.

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FOR MEDIA INQUIRIES, PLEASE CONTACT:
Erica Miskew
March Networks
[phone] x5760
[email protected]