Extreme CCTV sees gains in high-end market
VANCOUVER, B.C. - Extreme CCTV attributed strong sales in its second quarter to the governmentÃ¢â‚¬â„¢s use of its CCTV products for high-level security projects.
The company posted revenues of $5 million (CDN), a 29 percent increase for the second quarter, which ended March 31, when compared to $3.9 million for the second quarter of last year. Net earnings after tax for the quarter increased 82 percent to $661,591 or $0.06 per share, compared to $364,599 or $0.04 per share for the same period last year.
While sales for Extreme CCTVÃ¢â‚¬â„¢s infrared illuminators and day/night cameras were strong, company officials noted sales of its lower-end products had softened.
Rokonet moves N.Y. office south
MIAMI - Security products company Rokonet, a member of the Risco Group, has relocated its New York office here - a move company officials say will help it better serve the U. S. and Latin American market.
Plans call for the office to include sales, marketing and technical support for the Americas and RokonetÃ¢â‚¬â„¢s network of distributors.
Viscount completes Enterphone purchase
BURNABY, British Columbia - A month after announcing plans to buy the assets of the Enterphone product line from Telus Corp., Viscount Systems has completed the purchase.
Viscount bought EnterphoneÃ¢â‚¬â„¢s assets, which include up to 2,400 monthly service contracts on multi-residential and commercial buildings, as well as its inventory.
Because many of these contracts include older Enterphone systems, officials at Viscount plan to market its new MESH product to customers.
Viscount expects revenues of $900,000 annually from the Enterphone deal, not including revenue generate from replacing older systems.