SOURCE: Sentry Technology Corporation

Sentry Technology Corporation

March 04, 2011 10:37 ET

Sentry Technology Signs $245,000 Contract

RONKONKOMA, NY--(Marketwire - March 4, 2011) - Sentry Technology Corporation (PINKSHEETS: SKVY) announced today the signing of a $245,000 contract for SentryVision® SmartTrack™ traveling camera systems to be installed at the Mexico City Subway system via one of its Spanish dealers. These systems will be installed on a new subway line currently under construction and will add to the more than 120 SmartTrack systems installed in the subway system in 2009. All systems will begin shipping in April.

SmartTrack™ uses patented technology to transmit video images from two pan, tilt and zoom cameras traveling along an aluminum rail mounted on the ceiling. The camera carriage travels at high speeds and provides unobstructed views of people, goods and processes. 

The Mexico City Subway is 201 Km in length with 11 lines and 175 stations. It transports more than 1.4 billion passengers annually making it one of the world's largest subway systems. 

Sentry Technology Corporation designs, manufactures, sells and installs Closed Circuit Television (CCTV) solutions, Electro-Magnetic (EM) and RFID based Library security and self-service systems. Our CCTV product line features SentryVision®, SmartTrack™, a proprietary, patented traveling Surveillance System. Our OperationalVideo™, OVportal™ software application assists retailers with on-line management of safety and security, merchandising audits and employee procedure compliance. Products are used by libraries to secure inventory and improve operating efficiency, by retailers to deter theft and enhance productivity, and by industrial/institutional customers to protect assets and people. More information can be found at www.sentrytechnology.com.

This press release may include information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements may involve risk and uncertainties that could cause actual results to differ materially from any future results encompassed within the forward-looking statements. Factors that could cause or contribute to such differences include those matters disclosed in the Company's Securities and Exchange Commission filings.

Contact Information

  • CONTACT:
    Peter L. Murdoch
    President & CEO
    (631) 739-2100