Video communications systems provider Zylotech has partnered Siemens to win an industrial security video contract potentially covering some 40 Australian and New Zealand sites.
Bernard McGeorge, chief executive at ASX-listed Zylotech, said the $700,000, 12-month deal would be the second such IP-based video monitoring and recording solution success for the company in four weeks.
"Zylotech will be providing the IP-based video solutions on behalf of the lead integrator and prime contractor Siemens," he said in a letter to the ASX.
McGeorge said an integrated video surveillance and access security system would be piloted in three sites initially, but could be rolled out to about 40 different Australasian locations of the unnamed industrial company if successful.
The client's name was being withheld for security and "industrial" reasons, he added.
McGeorge said that IP-based digital video surveillance and recording technologies for industrial monitoring applications was a "burgeoning" market.
"Zylotech believes it has adopted a correct strategy of concentrating on building business partnership relationships with tier one integrators and distributors," he said.
The relationship between Siemens and NSW-based Zylotech was expanding rapidly, and Siemens was proving a reliable, accountable business partner, McGeorge said.
"Partnering with a leading technology-based solutions provider provides Zylotech with access to substantial opportunities both locally and internationally," he said.
McGeorge said that Zylotech, a member of the Australian Technology Showcase, was selected because its core video technology met "stringent" security requirements stipulated by Siemens and the customer.
Video transmission and distribution over minimum-bandwidth IP supporting networks would let the company monitor its 40 sites around Australia and New Zealand remotely from one or more central locations, he said.