Friday, March 8, 2013
Stratech Systems
Stratech Systems: Grp announced that its intelligent Vehicle Access Control System (iVACS®) has been called for and specified in a project in the Middle East which involves several hundred buildings meant for administration, security and civil defence.
Stratech has entered into a partnership with the Group that has been awarded the project, and will provide at least 28 units of iVACS. iVACS screens vehicle undercarriages for potential security threats like explosives. iVACS® also performs identification screening for the driver and passengers in the vehicle using biometrics. These provide comprehensive solution at screening checkpoints that cover all security requirements.
This coincides with the worldwide trend of increasing take up rates for such systems. Previous orders for iVACS® used to involve just a handful of units each, but nowadays, relatively large orders such as this are becoming more common. Stratech is vying for several other similarly-sized contracts, in the Middle East and other parts of the world. Co. believes that this will contribute positively to the Grp’s rev over the next two financial yrs.
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