The UK-based security product firm Digital Barriers has announced a more than doubling of its international revenues, to £15.1m from £7.1m in 2015. That accounts for more than four-fifths, 83pc of its total revenues.
The company says that revenue growth was driven by performance from Digital Barrier’s Solutions division, which grew organically by 53pc.
The business, which offers counter terror security products, has angled itself towards the American market after the acquisition of US security firm Brimtek. That firm has deals in place with a number of US law enforcement agencies. With the majority of sales generated within the security and defence industry it is likely in the current air of uncertainty there will be a far greater appetite and need for security, as at border controls, the company suggests.
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Zak Doffman, Chief Executive Officer of Digital Barriers, said: “Our strong international growth shows the potential for us to sell solutions differentiated by our world-class IP into an extremely large global market.”
Frost & Sullivan granted Digital Barriers a 2016 Technology Innovation Award for its ThruVis camera which is mobile, can be deployed covertly and detects concealed firearms, suicide bomb vests, illegal powders and liquids at a range of up to 15m, as shown at the Counter Terror Expo at London Olympia in April and pictured in the June print issue of Professional Security magazine.
Zak added: “This accolade is a testament to our pioneering technology, clearly a strong contribution to revenue growth. Equally, we are pleased to have delivered on our promise to secure significant channels to market, with deals announced with Axis and Mobily and the launch of a wireless safe city camera with Canon.”
Visit www.digitalbarriers.com.
