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March Networks Shareholders Approve Arrangement with Infinova (Canada) Ltd.

OTTAWA, ONTARIO, March 20, 2012 –– March Networks® (TSX:MN), a global provider of intelligent IP video solutions, today announced that, at a special meeting of shareholders held earlier today (the “Meeting”), the shareholders of March Networks Corporation (“March Networks”) voted to approve the previously announced arrangement under the Canada Business Corporations Act (the “Arrangement”) pursuant to which Infinova (Canada) Ltd. (“Infinova Canada”), an indirect wholly-owned Canadian subsidiary of Shenzhen Infinova Ltd. (“Shenzhen Infinova”), will acquire all of the issued and outstanding common shares of March Networks for C$5.00 per share in cash.

Shareholders holding approximately 62.70% of the outstanding common shares of March Networks were represented in person or by proxy at the Meeting. Approximately 98.15% of the common shares voted at the Meeting were voted in favour of the special resolution approving the Arrangement. This vote included a majority of the votes cast excluding the votes that were required to be excluded under applicable Canadian securities laws. In addition, approximately 98.15% of the common shares voted at the Meeting were voted in favour of the special resolution approving a $24,765,000 reduction in the stated capital account for the common shares. These approvals satisfy the condition precedent in the arrangement agreement made as of December 8, 2011 among March Networks, Infinova Canada and Shenzhen Infinova (the “Arrangement Agreement”) that the Arrangement be approved by shareholders of March Networks.

A final order approving the Arrangement will be sought from the Ontario Superior Court of Justice at a hearing scheduled to be held on Friday, March 23, 2012 in Toronto. Assuming this final order is obtained and all remaining conditions under the Arrangement Agreement are satisfied or waived (where permitted), the Arrangement is expected to become effective in late March or in April, 2012. The common shares will be de-listed from the Toronto Stock Exchange following completion of the Arrangement.

About March Networks
March Networks® (TSX:MN) is a leading provider of intelligent IP video solutions. For more than a decade, the company has helped some of the world’s largest commercial and government organizations transition from traditional CCTV to advanced surveillance technologies used for security, loss prevention, risk mitigation and operational efficiency. Its highly scalable and easy to use Command™ video management platform incorporates a web-based client interface to enable rapid system deployment and complete system control. It is complemented by the company’s portfolio of high-definition IP cameras, encoders, video analytics and hybrid recorders, as well as outstanding professional and managed services. March Networks systems are delivered through an extensive distribution and partner network in more than 50 countries. For more information, please visit www.marchnetworks.com

About Infinova
With solutions that enable end-users to extend the life of their existing analog equipment by having it co-exist with their new IP video equipment, Infinova provides megapixel, IP and analog surveillance cameras, specialized cameras, core equipment for video control rooms, fiber optic communications, access control products and customized systems. Infinova is acknowledged for its exceptional customer service programs and as “the Integrator’s Manufacturer.” Infinova has provided security solutions for major projects including the Port of Miami, Shanghai 2010 World Expo, the Panama Canal, Italy’s AutovieVenete Motorway, the Bangalore (India) toll surveillance system, Kuwait International Airport, the 2010 Asian Games, the Los Angeles MTA and many others.

Forward-Looking Statements
Certain statements included in this release constitute forward-looking statements, including those identified by the expressions “expect”, “intend” and similar expressions to the extent they relate to March Networks or its management. The forward-looking statements are not historical facts but reflect March Networks’ current assumptions and expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current assumptions and expectations. The completion of the Arrangement is subject to a number of terms and conditions, including required court and regulatory approvals, as well as certain termination rights available to the parties under the Arrangement Agreement. To the extent such approvals are outstanding, they may not be obtained, the other conditions to the transaction may not be satisfied in accordance with their terms, and/or the parties to the Arrangement Agreement may exercise their termination rights, in which case the Arrangement could be modified, restructured or terminated, as applicable. Readers are cautioned not to place undue reliance on forward-looking statements. Actual developments may differ materially from those contemplated by these statements depending on, among other things, the risks that the parties will not proceed with the proposed transaction, that the ultimate terms of the transaction will differ from those that are currently contemplated, and that the transaction will not be successfully completed for any reason (including the failure to obtain any required approvals or satisfy other conditions). March Networks does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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

FOR FURTHER INFORMATION, PLEASE CONTACT:
Ken Taylor
Chief Financial Officer, March Networks
+1 613-591-8181
ktaylor@marchnetworks.com 

March Networks Shareholders Approve Arrangement with Infinova (Canada) Ltd.
http://www.marchnetworks.com/News/Default.aspx?article=437
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March Networks News Releases
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New Zealand Airport Improves Security and Operations with March Networks Command IP Video Solution

OTTAWA, ONTARIO, March 6, 2012 –– March Networks® (TSX: MN), a global provider of intelligent IP video solutions, today announced that Christchurch International Airport Ltd. in New Zealand has standardized on the company’s IP video surveillance solution to support safety and security requirements across its operations. The March Networks Command video management software and high-definition IP cameras have provided such a high return in operational efficiencies that the solution is now a critical component of the airport’s overall business. 

Christchurch Airport’s surveillance commitment has increased considerably in recent years because of the worldwide focus on transport security. The airport has expanded its coverage from a few dozen to hundreds of cameras, including more than 200 March Networks’ MegaPX 1080p, CamPX MiniDome and PTZ IP cameras, to gain greater visibility of its terminal, airfield and automated baggage system. It is also using the solution for operational purposes, such as managing gate allocations for incoming flights, directing taxis to where they are most needed, and responding remotely to inquiries from unattended carpark gates.

“We have grown to rely on the March Networks solution equally for security and operations, and we’re very pleased with its performance,” said Tim Morris, Operations Manager, Christchurch International Airport Ltd. “The system is user-friendly and has massive scale and reliability, which keeps us prepared at all times – even during last year’s February earthquake, when we served as an emergency transportation hub for rescue teams and medical evacuation flights.”

The March Networks system withstood a violent, 6.3 magnitude earthquake that shook the city of Christchurch on February 22, 2011. The city has recorded more than 10,000 aftershocks since that time, but the system has never gone down or lost video.

Christchurch Airport’s security and IT teams engaged in a rigorous evaluation process before selecting the Command solution, working with certified March Networks provider ECL Security. As a next step, the airport is planning a complete integration with its access control system. It is also assessing the use of video analytics available in the March Networks portfolio, such as loitering or left baggage detection.

“The market for airport security solutions is expected to exceed $1.5 billion by 2015, with video surveillance representing the fastest growing segment,” said Net Payne, Chief Marketing Officer, March Networks. “Our solutions provide airport authorities with enterprise-class solutions that are scalable, highly reliable and easily managed. In addition, they support a wide range of operational applications that help airports work smarter and faster, and realize better returns on their investment.”

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

New Zealand Airport Improves Security and Operations with March Networks Command IP Video Solution
http://www.marchnetworks.com/News/Default.aspx?article=435
http://www.marchnetworks.com/Resources/RSS/NewsReleases.aspx
March Networks News Releases
Read all about our new product announcements, customer wins, milestones and upcoming trade show appearances.

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Global Bank Expands March Networks Solution to 8,000 Branches in $2.5 Million Deal

OTTAWA, ONTARIO, February 21, 2012 –– March Networks® (TSX: MN), a global provider of intelligent IP video solutions, today announced more than $2.5 million in orders from a top ten global financial institution for new video recording systems. The financial institution is deploying the hybrid network video recorders (NVRs) to outfit new retail banking branches, as well as existing branches as part of a planned upgrade program. In addition, it plans to use the company’s integrated Searchlight software applications in a number of locations to more aggressively reduce losses from ATM skimming, cash harvesting and other banking crime.

These latest orders will bring the bank’s total March Networks video surveillance installation to approximately 8,000 locations once the rollout is complete in August 2012. The customer continues to standardize on the financial solution because of its centralized video management capability, which enables authorized staff to access video and conduct investigations remotely at a much faster pace. The solution also provides the demonstrated reliability, scalability, and advanced health monitoring and maintenance needed to ensure optimum system performance across the extensive surveillance network.

“Our financial solutions help banks maintain a competitive advantage by enhancing customer asset protection and increasing operational efficiency,” said Peter Strom, President and CEO, March Networks. “We are pleased to announce new business with one of the world’s largest financial institutions and look forward to showcasing the significant fraud fighting capabilities of our Searchlight portfolio.”

March Networks Searchlight applications provide financial institutions with critical business intelligence that makes it faster and easier to detect and reduce losses from fraud and other crimes. The portfolio includes Financial Transaction Investigation software, which synchronizes ATM and teller transaction records with high-quality video to streamline case management and investigator performance. It also includes powerful Skimming Detection, Image Tracker and License Plate Tracker applications that enable banks to proactively detect fraudulent activity at ATMs and gather strong case evidence through centralized searches that correlate video, transaction information, facial images and license plate data.

More than 450 banks and credit unions worldwide currently use March Networks’ financial solutions to improve security, fraud investigation and operations. The company is also ranked the #1 provider of banking video surveillance systems in the Americas by IMS Research. 

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

Global Bank Expands March Networks Solution to 8,000 Branches in $2.5 Million Deal
http://www.marchnetworks.com/News/Default.aspx?article=433
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March Networks News Releases
Read all about our new product announcements, customer wins, milestones and upcoming trade show appearances.

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Florida School District Turns to March Networks for Advanced Video Surveillance and Emergency Response

OTTAWA, ONTARIO, February 7, 2012 –– March Networks® (TSX: MN), a global provider of intelligent IP video solutions, today announced that Escambia County School District – which oversees 60 schools serving more than 40,000 students in Pensacola, Florida – has standardized on the company’s video surveillance system to enhance school safety. Equipped with March Networks Command video management software and 4000 C Series hybrid NVRs, the school district now has an easy-to-use, IP-based surveillance solution that allows it to resolve incidents quickly and better respond to potential threats.

“At the moment, we have a mixture of March Networks hybrid recorders in some schools and the server-based Command software in others,” said Brian Johnson, a network systems analyst with the school district. “The solution is ideal, because it allows us to continue using analog cameras where they are already installed, and eventually transition all of our schools to IP surveillance as our budget permits.”

The fact that the Command software is compatible with both Windows and Macintosh operating systems was another key consideration for the school district, as most of its administrators use Macintosh computers. In addition, Command’s web-based client interface eliminates the need to install and maintain new software on each individual system, saving the school district both time and resources. The web-based software also makes it easier for Escambia to open the surveillance system to law enforcement and other first responders if needed – providing them with a real-time view into a school in an emergency situation.

“Security is a top priority for school communities worldwide, with video surveillance playing an increasingly important role,” said Net Payne, Chief Marketing Officer, March Networks. “Our solutions offer the ease-of-use and management capabilities needed to efficiently oversee large school districts and campus environments, as well as the proven reliability educators, students and their families demand.”

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

Florida School District Turns to March Networks for Advanced Video Surveillance and Emergency Response
http://www.marchnetworks.com/News/Default.aspx?article=432
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March Networks News Releases
Read all about our new product announcements, customer wins, milestones and upcoming trade show appearances.

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Australia’s Largest Retailer Enhances Surveillance Solution Across 1,300 Sites with March Networks Software

OTTAWA, ONTARIO, January 31, 2012 –– March Networks® (TSX: MN), a global provider of intelligent IP video solutions, today announced that Woolworths Limited – an Australian company with extensive retail interests throughout Australia and New Zealand – is deploying new Visual Intelligence software across thousands of existing March Networks video recording systems in a phased upgrade program. The software delivers enhanced live monitoring and searching capabilities that make it even easier for the retailer to centrally manage surveillance video used for security and loss prevention in more than 1,300 remote locations.

“We selected March Networks after evaluating multiple competitive units in our IT labs, and continue to expand with the solution,” said Darin Crofts, Woolworths’ Loss Prevention Manager responsible for special projects. “The software and systems are very easy to use and extremely reliable. They provide the high-quality video evidence and case management tools we need to identify and act on suspicious behavior quickly. As a result, we have seen clear returns through reduced shrinkage and fewer liability claims.”

The solution’s remote video access capability is essential for Woolworths’ Loss Prevention and Health, Safety and Environment staff, who would otherwise have to drive as many as 12 hours one way to pull video evidence manually from a store location. In addition, the software incorporates advanced video compression technology and bandwidth limiting features that make it possible to access video over the network without impacting core business operations – even from rural store locations with a maximum bandwidth capacity of just 64 kb/s.

“We are proud to continue our partnership with Woolworths,” said Net Payne, Chief Marketing Officer, March Networks, “and remain focused on evolving our retail solutions to help customers save time, improve operations and extract valuable business intelligence from the video surveillance network they are already using to protect their customers and assets. Our solutions provide retailers with the tools they need to significantly reduce losses from theft and fraud, while delivering the reliability and ease-of-use that sets them apart in the industry.”

The complete March Networks retail solution also includes Retail Transaction Investigation (RTI) software to support advanced loss prevention efforts. The RTI software combines critical visual evidence with transaction data from point-of-sale systems, enabling investigators to swiftly identify and review suspicious transactions, strengthen case evidence and improve recoveries.

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

Australia’s Largest Retailer Enhances Surveillance Solution Across 1,300 Sites with March Networks Software
http://www.marchnetworks.com/News/Default.aspx?article=431
http://www.marchnetworks.com/Resources/RSS/NewsReleases.aspx
March Networks News Releases
Read all about our new product announcements, customer wins, milestones and upcoming trade show appearances.

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