Safeguard Awarded $8 Million Contract for Mexican Surveillance

Safeguard Security Holdings, a provider of corporate, industrial and residential security solutions, announced that its new international subsidiary, SYSTEMSgroup Global, has been awarded an engineering study for a massive surveillance monitoring system in Mexico.

"We have been working on this proposed project since November in 2009 and we are very excited to see this massive project come to life. We are implementing our own precrime analytics monitoring technology in alliance with our technology partner, Stealth Monitoring," said Michael Lagow, CEO for Safeguard. "The pilot program is estimated to be approximately US$8 million. Once the model proves to be successful, this could be the largest technology project to date within the Safeguard business group with revenues in excess of $52 million over three years of project design and implementation."

"In order to speed our installation process, we are partnering with one of Mexico's largest cable television providers to transmit our IP video signals back to a secured command and control center located in central Mexico," said Max Cook, PE and VP of Engineering for Safeguard. "Stealth will train Mexican security/police officials on the use of the surveillance monitoring technology. The Mexico location will remain undisclosed due to security reasons."

"Our US security control center, in alliance with Stealth Monitoring at our corporate facility in Dallas, Texas, will become a backup to the Mexico facility via satellite." Cook said. "The system is designed for general security surveillance in city-wide public areas with certain locations equipped with facial recognition technology."

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