March Networks Ranked as One of North America's Fastest-Growing Technology Companies

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Tue Oct 20, 2009 2:44pm EDT

March Networks Ranked as One of North America's Fastest-Growing Technology
Companies

OTTAWA, Oct. 20 /PRNewswire-FirstCall/ - March Networks(R) (TSX: MN), a global
provider of intelligent IP video solutions, announced today that it has been
ranked as one of the top 500 fastest-growing technology companies in North
America in the 2009 Deloitte Technology Fast 500(TM) listing, posting a
remarkable 700 percent growth in revenue over four years.
March Networks placed 194th in the North American listing with sales of $94
million in fiscal 2008 compared to $12 million in fiscal 2004. It achieved a
further milestone in its most recent 2009 fiscal year by surpassing $100
million in revenue.
The company continues to win market share in the rapidly growing market for IP
video surveillance with an enterprise-class product portfolio that enables
organizations to enhance security, combat theft and fraud, and address
liability risks. In North America alone, its customers include three of the
five largest U.S. financial institutions, eight of the top 100 American
retailers, two of Canada's leading banks, and seven of 20 major transportation
agencies serving metropolitan centers such as San Francisco and Toronto.
March Networks is headquartered in Ottawa, Ontario. It continues to expand its
global presence with newly-opened offices in Dubai, United Arab Emirates and
Sydney, Australia, in addition to continuing operations in the U.S., Europe
and Latin America.
"The Fast 500 award reflects our company's success delivering innovative IP
video management solutions to commercial and government organizations
worldwide," said Peter Strom, President and CEO, March Networks. "We are
pleased to be counted as one of North America's technology leaders and
attribute this achievement to the outstanding work of our employees, as well
as the strength of our technology and distribution partners."

About March Networks

March Networks(R) (TSX:MN) is a global provider of intelligent IP video
solutions. For close to a decade, the company has helped some of the world's
largest commercial and government organizations transition from traditional
CCTV to networked video surveillance used for advanced security, loss
prevention and risk mitigation. VideoSphere(TM), the company's
enterprise-class video management portfolio, includes open-platform VMS
software complemented by high-definition IP cameras, encoders, video analytics
and recording platforms, as well as outstanding professional and managed
services. March Networks systems are delivered through an extensive
distribution and partner network in more than 50 countries. For more
information, please visit www.marchnetworks.com.

Forward-Looking Statements

This release contains certain forward-looking information, including
expectations of future business. This information is based on the Company's
current expectations and assumptions that are subject to a variety of risks
and uncertainties that are difficult to predict and that may be beyond March
Networks' control. Actual results could differ materially from those expressed
in any forward-looking statements due to factors such as customer demand and
timing of purchasing decisions, increased levels of competition, technological
changes and the successful development of new products, dependence on
third-party manufacturers, risks relating to intellectual property
infringement claims, and other risks and factors identified in March Networks'
public filings with regulatory authorities in Canada. March Networks assumes
no obligation to update these forward-looking statements as a result of new
information or future events.

* MARCH NETWORKS and the MARCH NETWORKS logo are registered trademarks of
March Networks Corporation. All other trademarks are the property of their
respective owners.
SOURCE  MARCH NETWORKS CORPORATION

Peter Wilenius, March Networks Corporation, (613) 591-8181,
pwilenius@marchnetworks.com
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