NitroSecurity Reports 90% Annual Growth in 2009

NitroSecurity, Inc., a content-aware security information and compliance management (SIEM) solutions reports annual revenue growth exceeding 90% over the past four years and 85% year-to-year growth over 2008. Financial highlights include:

  •     60% of sales channel-driven
  •     Achieving positive cash flow results for the second half of the year

The company reports that customer demand is high for solutions that help manage the flow of risk and threat information, which expands exponentially even as overall IT and network technology spending decline. NitroSecurity experienced dramatic growth in both Federal and state/local government sectors, including the Department of Defense. As government mandates to improve security at all levels remain top priorities, the company attributes specific certifications for success in this sector– FIPS 140-2 level 2 and Common Criteria EAL3+.

The company also introduced products such asthe new NitroGuard 5400 IPS to satisfy the 10 gigabit interface requirements of ever-expanding government networks.

“We appreciate the trust that our customers have placed in our people and technology,” said Ken Levine, CEO, NitroSecurity. “We look forward to working collaboratively with these sophisticated security teams to address the ever-evolving threat and compliance landscape.”

FLIR Systems Revenue Up 3%

FLIR Systems, Inc. reports revenue from its Commercial Vision Systems was up 22% over 4th quarter 2008. The company’s overall revenue was $311.6 million, up 3% compared to fourth quarter 2008 revenue. Net income for the quarter was $60.3 million compared with net income of $65.0 million in the fourth quarter a year ago.
FLIR reports a backlog of firm orders for delivery within the next 12 months of $563 million on December 31, 2009, fully $100 million less than at the same time in 2008.
Looking ahead, FLIR reports it expects net revenue in fiscal 2010 to be in the range of $1.2 billion to $1.3 billion, an increase of approximately 9% compared with 2009, and net earnings to be in the range of $1.48 to $1.53 per diluted share, an increase of approximately 4% compared with 2009.

“We are pleased with our financial performance in 2009, as we recorded our ninth straight year of record revenue, operating income and earnings per share, and achieved the highest operating income margin and cash flow from operations in the Company’s history,” stated Earl Lewis, President and CEO of FLIR. “We are well positioned for long-term growth as we continue to execute on our strategy to drive down the cost of infrared technology. Our 2010 outlook anticipates solid growth from the newly formed Commercial Systems and slower growth in Government Systems as a result of the anticipated decrease in deliveries under BETTS-C and related programs. We remain optimistic that our commercially developed, military qualified model will drive growth in Government Systems in the years to come. I’d also like to thank Steve Bailey for his decade of contributions to FLIR. The transition from Steve to Tony has been well planned and I am confident it will go smoothly.” –Press Release

IDenticard Launches PremiSys 1.4 Total Access Control System

IDenticard Systems has released PremiSys 1.4, its next-generation access control system that offers a scalable solution that integrates proprietary access control software, a sophisticated badgemaking system and Mercury Security card access hardware.

The PremiSys fully integrated solution includes:

  •   PremiSys access control software engineered to optimize operating efficiency and elevate security.
  •   Controllers, card readers, keypad interface and peripherals manufactured by Mercury Security, the “gold standard” for access control hardware.
  •   expressionsID™ photo ID system for quick card design and custom badgemaking.
  •   IDenticard product support and customer service.

New features of PremiSys 1.4 include the ability to manage multiple cards per cardholder, support for multiple log-on methods, the ability to quickly import data from commonly-used databases like SQL, optional “two-card” protection for elevated security areas, easier photo manipulation and sharing, and software-based licenses that eliminate the need for a hardware key.

Rothman Named President Honeywell Security Group

Ron Rothman has been named president of Honeywell Security Group. In his new role, Rothman leads the global security business, a leading innovator, manufacturer and supplier of electronic security technology protecting millions of homes, businesses and government facilities. Prior to the appointment, Rothman served as president of Honeywell Security & Communications.

Rothman will report to Roger Fradin, president and CEO of Automation and Control Solutions.

“Ron is a highly accomplished industry leader with many years of experience building our security business, growing new and long-term customer relationships, and bringing product innovations to market,” said Fradin. “Under Ron, our stable industry leadership, superior customer service, brand recognition and new product pipeline will continue to position Honeywell as a strong industry leader.” –Press Release

ICx Introduces Bottled Liquid Screener

ICx Technologies has announced the ClearPoint Liquid Bottle Screener, a system designed specifically for high paced checkpoints. The design accomodates containers of various sizes and is optimized to provide prompt assay and low false alarms. The system employs Raman Spectroscopy, a technology that does not require direct contact sampling and which ICx has invested considerable research and development.

“The TSA already has 200 of our Fido® PaxPoint™ handheld liquid screeners deployed at 30 of the largest airports in the U.S.,” said Colin Cumming, CEO of ICx Technologies. “We developed ClearPoint to augment the capabilities of PaxPoint and other security technologies, and to fit seamlessly into current processes at airport security lanes.”–Press Release

Axis Introduces Mobile Video Surveillance with HDTV-quality

Axis has introduced the M31-R Network Camera Series and Q8108-R Network Video Recorder designed for easy and discreet installation in vehicles. The complete IP-based mobile video surveillance system is protected from dust and water and can withstand shock, vibrations and temperature fluctuations.
The palm-sized AXIS M31-R cameras provide full frame rate video streams in H.264 and Motion JPEG in resolutions up to 1 megapixel, including HDTV 720p. The cameras use progressive scan to produce clear images of objects moving in relation to the cameras.

“The rugged AXIS M31-R cameras and AXIS Q8108-R recorder provide the transportation industry with the highest standard for mobile surveillance,” says Erik Frännlid, Director of Product Management, Axis Communications. “The products hold a number of transportation-specific certifications. They take into account the environment and surveillance requirements in vehicles and offer a complete solution for capturing, recording, managing and accessing high-quality HDTV video.” –Press release

Natoli Named Diebold CTO

Diebold, Incorporated has named Frank A. Natoli, Jr. vice president and chief technology officer (CTO), leading the company’s product solutions development function. In this newly created role, Natoli will be responsible for leading the technology and engineering development group. He will also lead the team in supporting Diebold’s growing services business by improving reliability, and aligning an emerging technology roadmap with Diebold’s corporate strategies.

“As a company, we recognize the importance of increasing customer loyalty by focusing on product innovation, reliability, capability and flexibility to support our customers and build our brand,” said Thomas W. Swidarski, Diebold president and chief executive officer.  ”The goal for our development organization is to improve and accelerate development processes while reducing our costs throughout the lifecycle of our solutions.  I am confident that Frank’s extensive industry expertise, leadership experience and energetic approach provide the right combination to drive this critical function.”–Diebold Press Release

China Awards e-passport Contract to Datacard

Datacard Group was awarded a contract by China’s Ministry of Foreign Affairs (MFA) for diplomatic, service and public fair passport program based on the Datacard PB6500 Passport Issuance System.  The customized solution features high-speed inkjet printing with secure lamination and smart chip technology. It meets the MFA’s requirement for seamless fulfillment of passports issued centrally and in regional offices. The program is scheduled to launch in 2010.
The PB6500 system was also chosen last year for Montenegro’s national ID and travel credentials. Also in 2009, Datacard was contracted to provide a solution for a biometric National ID card for Guatemala’s 11 million residents.

“Datacard Group is honored to be selected by the Ministry of Foreign Affairs for this critical project,” said Angus McDougall, Regional Vice President of Asia Pacific/Japan. “We have more than 40 years of experience in the card and identification industry. We have deployed solutions in more than 325 government projects in over 90 countries and our equipment is used to personalize and deliver more than 35,000 passports every day. To have such a prestigious customer recognize these accomplishments and award us with this contract is a testament to our continued commitment to quality and service in the passport market.” — Datacard Press Release

Smiths Detection Washington Metro Contract Expanded

Smiths Detection has announced the award of multiple DHS contracts to expand its PROTECT security system at Washington D.C. Metropolitan Transit Authority. The system to be upgraded and expanded is designed for early warning detection of chemical, biological, radiological, nuclear and explosive (CBRNE) materials.

Cherif Rizkalla, President Security & Inspection, Smiths Detection, said: “We are pleased with the success of the PROTECT system and WMATA’s continued efforts to expand and apply new technologies to enhance public safety. PROTECT is the premier integrated sensor solution for mass transit and is a vital tool for subway operators, first responders and law enforcement.”–Smiths Detection

AXIS Closes Strong in 2009

Axis Communications announced that the company will report a strong close to 2009 with interim net sales of SEK 2,300 million and an interim operating profit of SEK 308 million. Axis will thus present earnings that are significantly better than the market’s expectations.

The strong close to the year is due to a generally good inflow of orders as well as conclusion of deals relating to previously deferred projects. The feared component shortage which was communicated previously had no significant impact on Axis’ delivery capacity during the end of 2009.–Axis Communications