Digital Barriers, the specialist provider of advanced surveillance technologies to the international homeland security and defence markets, announces unaudited results for the six months ended 30 September 2011.
A period of good strategic progress for Digital Barriers has included: an expanded international platform to provide sales reach into all four of the company's target regions (UK/Europe, US, Middle-East, Asia Pacific); improved sales traction with flagship customers and partners in each of these four regions; genuinely world-class advanced surveillance IP under ownership, enhanced by the acquisition of Zimiti and Keeneo; sharpening of focus on defence, law enforcement and natural resources market segments; and readily-deployed product range integrating core elements of IP to reach the international market in 2012.
Commenting on the the results Dr Tom Black, Executive Chairman of Digital Barriers said:
"The last six months has been a defining period for Digital Barriers. We have tightened our focus on advanced surveillance technologies and have successfully sold our solutions into flagship customers in the UK, US, Middle East and Asia Pacific, and to partners such as Boeing, Thales and Singapore Technologies.
"During the period we also made a further two acquisitions that bring additional world-class IP to our Group and since the period end we have made a further small acquisition that adds significantly to our product engineering capabilities.
"Our strategy continues to be validated by this international progress and we can already see our technology making a genuine difference to our customers in the field. This level of customer and partner interest in Digital Barriers gives me real confidence that we can build the Group into a leading player in our sector."
For further details of the interim results, please see the Financial Reporting page.
