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April 03, 2005
Profits in Video Surveillance
A Reuters story has a few interesting facts:
The surveillance camera market has swelled to between $5 billion and $6 billion from about $2 billion before Sept. 11 — and will grow at 25 percent a year, Greiper said.
New technology allows cameras at sensitive federal buildings, major ports and transit hubs to differentiate between people and the objects they carry. If someone leaves a briefcase in an elevator at the Pentagon, for example, the camera will look back to find who left it and send the person's picture to a guard's hand-held security device.
Nice Systems, which makes this kind of technology, has seen its share price jump nearly 50 percent to about $32 in the past five months. In February, the Israeli company reported earnings of 47 cents a share, up from 9 cents a year earlier.
Posted by rshah at April 3, 2005 09:16 PM
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